Shiseido Co. slashed its profit outlook for the year as the Japanese cosmetics giant reported a profit plunge in net income amid a persistent slump …
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Shiseido
Shiseido Stock Falls Sharply, Prompting Trading Halt
Shares in the cosmetics maker dropped as much as 16 percent in morning trading in Tokyo on Thursday, the most since 1987 on an intraday …
Shiseido Sales Drop 4% As US Business Slumps
Shiseido’s net sales decreased 4 percent to $1.7 billion in the second quarter, the Japanese beauty conglomerate announced Wednesday. Core operating profit for the first half …
Shiseido Names Kentaro Fujiwara as CEO
Japanese beauty conglomerate Shiseido has named Kentaro Fujiwara as its new chief executive officer, effective Jan. 1 2025. He is currently the company’s chief operating officer. …
Shiseido Wins Max Mara Fragrance License
Shiseido is adding to its fragrance portfolio. On Thursday, the Tokyo-based company announced it had entered into a “long term” agreement with the Italian fashion …
China, Travel Retail Weigh on Shiseido Earnings
Shiseido’s China woes aren’t over yet. Net sales at the Japanese beauty group increased 4 percent to $1.6 billion in its first quarter, as wariness …
Shiseido Taps Six Athletes for Sun Protection Campaign
Shiseido is hoping to harness the power – and popularity – of athletes. For its new Sun on the Run campaign, it’s recruited six athletes, …
China’s Consumer Slump Claims Another Victim as Shiseido Profit Slides
Shiseido became the latest victim on Friday of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese …
Shiseido to Acquire Dr. Dennis Gross Skincare
The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced today that it has signed a definitive agreement to acquire Dr. Dennis Gross parent company DDG …
Shiseido Launches Venture Investment Fund
On Dec. 7, Shiseido Company announced the launch of a corporate venture capital fund, Shiseido Long Term Investments for the Future (LIFT) Ventures. It will …
Shiseido Faces Steepest Cut in Target Price on Weak China Demand
Analysts are slashing target prices on Shiseido Company after weak demand in China caused the Japanese cosmetics company to trim earnings forecasts, dragging shares toward …
Shiseido ‘Fully Confident’ in Chinese Market Despite Sales Slide
Shiseido has doubled down on its commitment to China, even as it cuts its full-year forecast due to dampened local demand. Sales were down 10 …
Shiseido Posts Biggest Drop in 16 Years After Forecast Cut
Shiseido Co. posted its steepest decline in 16 years after the Japanese cosmetics maker cut its full-year profit forecast on slower demand from Chinese consumers, …
Shiseido Slashes Profit Forecast on Fukushima Water Release
Shiseido Co. slashed its full-year profit forecast on slower demand from Chinese consumers following the release of treated radioactive water at Fukushima. The Japanese cosmetics …
Shiseido to Acquire Skin Care Line Gallinée
Shiseido Europe, S.A., a subsidiary of Japanese beauty conglomerate Shiseido Company Limited, will acquire the London-based microbiome skin care brand. Financial terms of the deal …