Shiseido news and trends

Shiseido Sells Personal Care Business To CVC For $1.5 Billion

February 04, 2021
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Shiseido Sells Personal Care Business To CVC For $1.5 Billion

February 04, 2021
Shiseido is selling the personal care portion of its business for $1.5 billion to CVC Asia Pacific Limited, a company blog says. Citing increased global competition and the uncertain fiscal environment caused by the COVID-19 pandemic, the company said it has decided to focus instead on its cosmetics business, centering on skincare. Shiseido aims to become […]