Personal care major Johnson & Johnson (J&J) has reported a net profit dip for the full year and last quarter of 2022 amidst ongoing macroeconomic challenges, though its CEO remains focused on heavy R&D investment.
Supply chain shortages and cost surges related to the COVID-19 and Ukraine crises are making it difficult for beauty companies to maintain sustainable business models, but many continue to push ahead, says the founder of Ecovia Intelligence.