TOKYO — Kosé Corp., Japan’s third-largest cosmetics company, is, like other beauty players and consumer goods makers, facing challenging conditions as Japan’s economy stagnates and the country’s shrinking population ages.
The Tokyo-based company trades almost exclusively in Asia and its portfolio includes prestige cosmetics and skin care brands Cosme Decorte and Sekkisei as well as licenses with Stephen Knoll New York, Jill Stuart, Anna Sui, Rimmel and Sonia Rykiel. Just recently, Kosé announced its foray into men’s beauty products through an agreement with Coty Inc. to manufacture and distribute Adidas-branded facial washes, deodorants and other goods.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)