0
1610
BUSINESS NEWS: SHISEIDO FORECASTS PROFITS
After a turbulent performance, Japanese skin care giant Shiseido Co. predicts a rise in profits this fiscal year: approximately 4.8% at this time. Following an asset write-off with under-performing Bare Escentuals Inc., the company faces its first red-ink (negative numbers, e.g. losses) in eight years since it went public on the Tokyo Stock Exchange in 1949. A major hit in...