01 Nov 2023 --- Beiersdorf has recorded 11.2% organic growth and sales climbing to €7.3 billion (US$7.7 billion) in its third quarter. While this was led by its core skin care brands, performance in its luxury category was affected by the emergent “daigou” surrogate shopping culture in China and Korea. The main drivers of Beiersdorf’s favorable results were identified as the global businesses of Nivea and brands Eucerin and Aquaphor in the Derma category.
