South Africa’s $4 billion beauty market is fast becoming a key battleground for retailers grappling with a sluggish economy, weak consumer confidence and intensifying competition. https://www.japantimes.co.jp/business/2026/01/21/markets/south-africa-4-billion-beauty-market/?utm_medium=Social&utm_source=mastodon #business #markets #southafrica #cosmetics #luxurygoods