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Agenda-setting intelligence, analysis and advice for the global fashion community.

Shiseido Faces Tough Turnaround After Costly Cosmetics Stumbles

Once a formidable challenger to L’Oréal and the Estée Lauder Companies, Japan’s largest beauty conglomerate is navigating its biggest challenge in decades, hurt by a costly misfire in North America and pressure from international rivals.
Shiseido
Shiseido warned investors last year that it expects to post its first operating loss in decades in February, mainly due to a writedown in the value of Drunk Elephant. (Shutterstock)

Shiseido Co

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Further Reading

Drunk Elephant Was Never for Kids

The clean beauty brand has faced significant challenges in the years since it was acquired by Shiseido, but its embrace of young consumers may have been its biggest misstep.

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