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Japanese personal care company Shiseido has started buying up tech companies as a gambit to cater to a younger generation of buyers. Shiseido last year sold ¥1 trillion (US$9.3 billion) worth of beauty products last year, mostly in traditional stores.…
Shiseido just released its results for the Fiscal Year Ended 31 December 2017. Shiseido achieved Global Net Sales of ¥1,005,062 (compared to ¥850,306 in 2016) and a Global Operating Income of ¥80,437 (compared to ¥36,780 in 2016). In the Asia Pacific…
Shiseido Travel Retail has celebrated the relaunch of luxury brand, Clé de Peau Beauté with ‘A Radiant Day’ campaign, fronted by new global Ambassador – Academy Award-Nominated British actress, Felicity Jones. The campaign coincides with the introduction of…
Shiseido looks to increase teen beauty sales with the launch of its open innovation project, Posme Me. Posme will consist of a variety of cosmetic and non-cosmetic products and services, which are collectively created by high school girls. According to the…
Hong Kong’s Affinity Equity Partners has joined a bidding scramble for Korean budget fashion and cosmetics brand Stylenanda. Also in the race are LVMH-backed L Catterton, L’Oreal and Shiseido, with the bid worth up to KW500 billion (US$467 million), insiders…
About 35 new stores are lined up for the soft opening of phase two of Mitsui Outlet Park KLIA Sepang on December 15. An official launch is slated for February, says Mitsui Fudosan (Asia) Malaysia, which runs the project in a JV with Malaysia Airport Holdings,…
Japanese cosmetic giant Shiseido has named its new CEO for the Europe, Middle East and Africa (EMEA) region, after it confirmed earlier in the month that Louis Desazars is set to leave the company to “pursue other interests.” Franck Marilly has been appointed…
Shiseido published a third quarter net loss, despite notable growth for the first nine months of 2017, pushed on by Asia revenues, particularly in Japan and China. The Japanese cosmetics group said combined turnover over the nine months rose 17.4% to 731.2…
Academy Award-nominated English actress Felicity Jones has been appointed the new face of the Shiseido Group’s luxury skincare and cosmetics brand Cle de Peau Beaute. Her debut will be in a campaign to launch in January shot by British photographer David…
Shiseido Travel Retail has partnered with King Power International (Thailand) to deliver a major promotional campaign which aimed to capture the beauty of Thailand. For the initiative, Shiseido collaborated with Thai artist Riety Darisa K and influential…
Luxury brands need to use new technologies and offer experiences for their customers, the second Luxury Society keynote event in Shanghai has been told. UCO Cosmetics CEO Arthur Zhang told the event that the early-stage eCommerce model of simply providing a…
Cross-border eCommerce (CBEC) is set to skyrocket in China according to a new report from international think tank Fung Global Retail & Technology. To capitalise on this, international retailers need to complement their existing expansion strategy with online…
Shiseido profits for its latest nine months more than doubled over the same period last year. ‘New income’ leaped 135 per cent to a record ￥37.2 billion (US$345.8 million) for the nine months to September 30. The cosmetics company attributes this to several…
Japanese cosmetics group Shiseido is aiming to become one of the world’s top five perfume makers in five years, up from its current seventh spot. New acquisitions will help Shiseido perfume market share grow – along with a step-up in marketing, especially…
Beauty retailer The Luxasia Group has appointed former SingPost CEO Dr Wolfgang Baier as group CEO, while founder/owner Patrick Chong has become chairman. “Luxasia is now at an important crossroads,” says Chong. “We intend to grow with our international…
Japanese cosmetics company Shiseido has agreed to buy US-based Gurwitch Products from Alticor. This move would add the Laura Mercier and ReVive brands as the 140-year-old cosmetics giant seeks growth overseas in the luxury anti-aging products market. Its…
