Shiseido lifts 2017 profit outlook on Chinese demand

Upscale cosmetics perform well in Asia as US struggles continue

0810N Shiseido earnings

An Aupres counter at a department store in Beijing.

TAKAYUKI KIKUCHI, Nikkei staff writer

TOKYO -- Shiseido upgraded its net profit forecast for 2017 on Wednesday due to brisk sales of high-end cosmetics to Chinese consumers both in China and around Asia.

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