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...
November 25, 2024
Beauty companies increasingly use artificial intelligence to transform how they develop and market products, with personalization and convenience at the forefront. Beauty juggernaut Estée Lauder Companies partnered with OpenAI this month to implement AI across its brands. The companies built 240 AI applications to analyze consumer data and develop products across its beauty brands. “We’re […]
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 […]
