Shiseido sales up 10.2% for first nine months of 2018

Net income climbed 153.5% to ¥47.67bn ($429.7m), boosted by strong sales of what it called highly profitable prestige brands

Japanese group Shiseido’s net sales rose 10.2% (+9.7% at local currency) to ¥805.76bn ($7.09bn) for the first nine months of 2018. Growth was led by the prestige brands segment.

Operating income came in at ¥101.41bn ($892.41m), up 43.5% year-on-year. The...

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