Japan cosmetics giant Shiseido sees 2022 'turning point' in tourism sales

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TOKYO: The chief executive of Japanese cosmetics giant Shiseido believes inbound tourism will return next year as the pandemic abates, beginning a gradual recovery in sales of high-end goods to travellers. A halt in tourism amid the COVID-19 pandemic has cut off sales to Chinese visitors, a critical segmen

TOKYO: The chief executive of Japanese cosmetics giant Shiseido believes inbound tourism will return next year as the pandemic abates, beginning a gradual recovery in sales of high-end goods to travellers.

Shiseido is aiming to reach 15 per cent operating margin by 2023 and become the global leader in skincare by 2030. To get there, the company is divesting of some lower-priced brands.

 

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The terrorist attack in Norway should be a wake up call to all Japanese. Why is Japan taking in Afghan refugees? You're taking people from the most dangerous place on earth to your land of peace & harmony. Don't do it. Think about your country & your people.

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