It was the Americas that first inspired Shiseido Cosmetics, with its founder Arinobu Fukuhara opening a Western-style pharmacy in Japan in 1872 after studying pharmacological techniques developed within the U.S.
And 150 years later, the market remains to be a driving force for the corporate. Despite a backdrop of record-high inflation and recession fears, the Americas was considered one of the primary engines of growth for Shiseido, alongside the resurgence of travel retail, in the primary six months of the fiscal 12 months 2022 and its Americas president and chief executive officer Ron Gee is confident this trend will proceed.
“We’re definitely going to be a growth driver,” he said from his Midtown office. “We’re an entrepreneurial spirit and the U.S. market...
Continue reading
0 Comments