Beiersdorf Shares Slide on Nivea Maker’s Sluggish Forecast
Beiersdorf AG forecast a sluggish fiscal year as the German company struggles to revive its flagship Nivea brand and contends with a slowdown in the skincare market.
By Sonja Wind · Bloomberg Markets
Beiersdorf AG forecast a sluggish fiscal year as the German company struggles to revive its flagship Nivea brand and contends with a slowdown in the skincare market.