TOKYO -- Japanese consumer goods giant Kao is considering sell-offs of certain cosmetics brands, as mounting financial headwinds pressure the group to pare its extensive portfolio.
Companies
Biore parent Kao weighs slashing brand lineup as profit declines
Sprawling Japanese consumers goods group envisions leaner cosmetics business
Kao is tackling major reforms as its net profit heads toward a fifth year of decline in 2023. (Source photos by Nikkei, Kao)
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