Coty Inc. suffered multiple disruptions to its supply chain in Europe and North America that hindered the beauty giant’s operations and stifled sales last quarter.
China, dubbed ‘the workshop of the world’ for its sprawling supply chains and huge export capacity, is hoping to manufacture something new this week at a huge trade fair in Shanghai: import orders.
A common theme this earnings season: U.S. business executives are ready to relocate their supply chains if the cost of importing Chinese goods becomes prohibitive.