HONG KONG, CHINA - 2024/05/15: Japanese cosmetics brand SK-II store seen in Hong Kong. (Photo by ... [+] Sebastian Ng/SOPA Images/LightRocket via Getty Images) Procter & Gamble (NYSE: PG ...
Procter & Gamble has said sales of high-end SK-II skincare brand fell 34% between October and December. In addition to China's slow recovery, the firm's executives blamed anti-Japanese sentiment.