In the competitive world of cosmetics, companies must stay ahead of market trends and consumer preferences. Unfortunately for Shiseido Co., the Japanese beauty giant, recent developments have led to a significant decline in its stock price, reaching an eight-year low. This situation arises from a growth strategy that is failing to convince investors, particularly in […]
Shiseido Lowers Full-Year Forecast As China Slump Persists
In a significant blow to its financial outlook, Japanese cosmetics giant Shiseido has announced a drastic cut to its profit forecast for the year, highlighting the ongoing challenges it faces in the Chinese market. The latest reports reveal a staggering 26 percent decline in core operating profit for the first nine months of this year, […]