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China Puts a Pretty Face on Shiseido’s Sales

China Puts a Pretty Face on Shiseido’s Sales

The Washington Post - By Nisha Gopalan | Bloomberg

As global retailers struggle to keep Chinese consumers shopping, Japan’s oldest cosmetics brand is flourishing there. Almost to a fault. Last week, Shiseido Co. posted an 8.9 percent rise in 2018 sales to 1.049 trillion yen ($9.51 billion) and a 34.7 percent climb in operating profit to 108.4 …

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