WWD.com/beauty-industry-news/financial/shiseido-9-month-net-profit-slumps-21-6679860

financial

January 31, 2013

Shiseido 9-Month Net Profit Slumps 21%

The beauty company spent more on advertising and promotion and saw weak sales in Japan and China.

By Kelly Wetherille

financial/news

TOKYO — Shiseido's nine-month net profit dropped at a double-digit pace, as the company slashed its full-year forecasts.

The company said Thursday that net...