The retail atmosphere in China continues to deteriorate. Citing an ongoing economic slowdown in the world’s No. 2 economy, Sephora will eliminate 3% of its workforce in China. That translates into about 120 jobs, according to parent company LVMH. “In response to the challenging market environment and to ensure our future growth in China, Sephora China is currently streamlining our organizational structure in our head office to ensure we have the right capabilities for long-ter...