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Western Firms Caught Off Guard as Chinese Shoppers Flock to Web

2015-06-14 13:37:15| Food - Topix.net

After enjoying nearly three decades of steady growth in its China business, Unilever PLC last year watched sales fall off a cliff. The maker of Dove soap, Lux shampoo and Comfort fabric softener warned in October of a 20% drop in its third-quarter China sales.

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