TOKYO — Shiseido Co. Ltd. said Thursday that its first-half net profit plummeted 58 percent as costs related to the acquisition of Bare Escentuals bit into its performance.
The company also slashed its full-year profit forecasts but lifted its full-year sales target, citing growing demand in emerging markets, such as China, and the benefits it will derive from Bare Escentuals’ revenue. But overall, it was cautious in its outlook.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"