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Lifestyle cosmetics

Japan's Shiseido becomes latest luxury brand hit by China slump, shares plunge

Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China.

By: Biztoc.com

Aug 09 2024
1
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Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China.
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