Shiseido Expects Profit Rebound After Drunk Elephant Writedown
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand.
By Kanoko Matsuyama · Bloomberg Markets
Shiseido Co. said it expects to return to operating profit this year after posting its first loss in decades in 2025 due to a writedown of the Drunk Elephant brand.