Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Shiseido Establishes Cosmetic Subsidiary in Russia - Beauty Packaging

What are you searching for?

Sign in
Beauty Buzz

Shiseido Establishes Cosmetic Subsidiary in Russia

Author Image

By: Jamie Matusow

Editor-in-Chief

In positioning its overseas business as a strategic growth area, Shiseido Co., Ltd. is aggressively promoting business expansion, and as a result, estimated sales of overseas business have exceeded 30% in the fiscal period ended March 2007. The cultivation of promising new markets is a key issue in maintaining the growth of international businesses; accordingly, Shiseido established a subsidiary in the Russian Federation where the cosmetics market holds ever-increasing potential due to economic growth in recent years. Subsequent to Shiseido’s initial entry into the Russian market via a distributor in 1999, Russian subsidiary Shiseido (RUS), LLC. was established as a wholly owned subsidiary in May 2007 with sales scheduled to begin in January.

Add us as a preferred source on Google

Get the latest Beauty Packaging news, insights and analysis in your Google Search and AI experiences.

Add Beauty Packaging as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Beauty Packaging Newsletters