TOKYO -- Shiseido's net profit for January-June improved from last year thanks to restructuring in Japan and China, the Japanese cosmetics maker said Wednesday, but continued struggles at a U.S. subsidiary are triggering a new shake-up including job cuts.
Consumer
Shiseido to cut 300 US jobs as acquired skin-care brand struggles
Cosmetics maker recovers after Japan, China restructuring, but growth plans unclear
Shiseido executives outlined U.S. restructuring plans at a press conference on Aug. 6. (Photo by Jyo Chou)
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