TOKYO — Shiseido Co. Ltd.’s first-quarter profits and sales slumped as consumer demand for cosmetics continued to weaken.
Net profit fell 57.8 percent to 4.32 billion yen, or $44.40 million at average exchange rates for the period, for the three months ended June 30. Sales declined 14.9 percent to 139.69 billion yen, or $1.43 billion.
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?"