Financial focus

Within J&J's consumer health business, its skin care brands Neutrogena and Aveena have performed strongly worldwide [Getty Images]

‘Our strategy is working’: J&J Q3 net profit soars 21.6%

By Kacey Culliney

Personal care major Johnson & Johnson (J&J) has reported a rise in third quarter (Q3) sales and a surge in net profit, bolstered by strong growth in pharma and med tech but also solid results across its global consumer health business.

Estée Lauder, LVMH and Sephora are among a number of beauty companies cutting ties with Russia amidst the ongoing Ukraine conflict [Getty Images]

‘Drastic but necessary’: Beauty majors cease business in Russia

By Kacey Culliney

Several major beauty brands and retailers have suspended operations in Russia amidst the ongoing Ukraine conflict – action that aligns with widespread consumer sentiment and the increasing difficulties of doing business in the country, according to one...

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