European Market
Tesla has appointed Joe Ward, its vice president for Europe, the Middle East, and Africa, to oversee global sales operations. The move follows the departure of Raj Jegannathan, a veteran executive who led sales since last July. This change comes amid significant sales declines in Europe.
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CJ Olive Young has partnered with a Polish cosmetics distributor to export its private brand products to Europe. The deal will initially introduce skincare lines like Bioheal BOH, Bringgreen, and Colorgram through sales networks in Poland before expanding to other markets. This move bolsters the CJ Group's retail arm's international expansion efforts.