Morio Ikeda, formerly president and chief executive officer of Shiseido, has died. He was 76.
The cause of death was kidney cancer, according to a Shiseido spokesman, who added that Ikeda died Monday.
Ikeda, who was president of Shiseido from 2001 to 2005, began his career at Shiseido in 1961. He was named executive vice president of the company in June 2000, becoming president and ceo in June 2001. He became chairman of Shiseido in June 2005, transitioning to a role as senior advisor in June 2006. In addition, he held several public offices, including chairman of the board of trustees and chancellor of Toyo Eiwa Jogakuin, a private girls’ academy in Tokyo that was founded in 1884 by a Canadian missionary.
Funeral details are private, according to the family, who also requested that their names not be shared with the media. After the private funeral service, the family is planning to hold a larger memorial service. Details have not yet been determined.
Ikeda, who gave a keynote speech at WWD’s Beauty CEO Summit in Evian, France, in 2002, joked that he often sounded “very much like a preacher,” perhaps unsurprisingly, as he once considered becoming a missionary — and, in fact, graduated from the Tokyo Union Theological Seminary — before joining Shiseido.
In 2002, Ikeda noted that he helped innovate Shiseido’s business structure through a simple rule. “My creed is service and sacrifice, upon which my business stance is also based,” said Ikeda. “The idea is to serve the needs of customers and business partners and to make their joy our own.”
In that speech, Ikeda explained that an organizational chart that Shiseido adopted, called the inverted pyramid, helped to explain this objective. At the top of the pyramid are the sales and marketing functions, which are closest to the company’s customers, he said. At the bottom are the president and the ceo. “I do not have to remind you that the cosmetics industry must be closest to customers, the users of our products,” he said. “From both a customer-oriented perspective and my personal creed embodying the serving spirit, I felt it was necessary to change the conventional pyramid-type organization.”
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)