Shiseido Sales Slide 7.6%, Profits Improve on Cost-Cutting Plan Shiseido, the renowned Japanese beauty giant, has recently faced a sales decline of 7.6% in the first half of 2025. Despite this challenging setback, the company has managed to achieve a remarkable 21.3% increase in operating profit. This positive upturn in profitability can be attributed to […]
Addiction Tokyo to Cease US Operations
Addiction Tokyo to Cease US Operations: A Strategic Move Amidst Uncertainty Addiction Tokyo, the renowned Japanese makeup brand, has recently made waves in the beauty industry with its decision to cease its operations in the United States. The company announced its plans to “wind down” its US business, citing a combination of factors that have […]
TikTok lays off staff in trust and safety restructuring
TikTok Lays Off Staff in Trust and Safety Restructuring TikTok, the popular Chinese-owned social media platform, has recently made headlines with its decision to lay off staff as part of a restructuring of its trust and safety teams. This move comes at a time when there is growing uncertainty surrounding the future of Chinese social […]