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Oct. 18, 2018
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Government

China lowers tariffs on popular imported luxury cosmetics

June 5, 2018

Chinese consumption of imported cosmetics grew by 40 percent last year. Image credit: Kantar

 

By Danny Parisi

The Chinese government is significantly cutting tariffs on imported beauty products including skin and hair cosmetics in a move expected to boost the growth of brands such as Estée Lauder and Lancôme.

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  1. Modern luxury has flipped the tables on who is in control
  2. Luxury Women to Watch 2019
  3. Partnerships offer room for experimental growth in luxury
  4. Zegna's service, trustworthiness stands out among men's fashion labels
  5. Branded residences must focus on experiences amid rapid growth: Knight Frank
  6. Developing marketing strategies via machine learning
  7. Emerging Middle Eastern ecommerce market necessitates differentiated approach
  8. Luxury can reach millennials through less-is-more messaging
  9. S-word overused, but misunderstood in luxury fashion
  10. Luxury Women to Watch 2019
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