Shiseido sales down 1.3% in quarter ending March

Japanese company Shiseido’s net sales fell 1.3% to ¥234.02bn ($1.83bn) in the quarter ended March 2022 (January to March) compared to the same period the year prior.

Core operating profit dropped 52.3% year-over-year to ¥4.4bn ($34.34m), while EBITDA fell 23.4%...