Shiseido became the latest victim on Friday of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese cosmetics maker reported a 40% slide in annual earnings. China's weak consumer spending has also hit profits at L'Oreal and Estee Lauder, which like Shisedo had for years banked on the that country's thriving beauty market for growth. "We recognise that the macroeconomic numbers are not good," Shiseido President Kentaro Fujiwara said about China at an earnings briefing.
A Japanese whisky
renaissance will help Kirin Holdings more than double
exports of its premium brand by 2025, the company s master
blender said. Japan had fewer than 10 distilleries for.
Amazon s AWS to invest $15bln to expand cloud computing in Japan zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Amazon s AWS to invest $15bln to expand cloud computing in Japan zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Japanese homebuilder Sekisui
House said on Thursday it would buy U.S. builder M.D.C.
Holdings for about $4.95 billion. Sekisui said in a statement it would pay $63 per share in
M.D.C.,.