{"id":2389,"date":"2025-02-12T11:12:52","date_gmt":"2025-02-12T03:12:52","guid":{"rendered":"https:\/\/icfim.mcu.edu.tw\/?p=2389"},"modified":"2025-02-12T11:41:01","modified_gmt":"2025-02-12T03:41:01","slug":"paris-fashion-week-2025-recap","status":"publish","type":"post","link":"https:\/\/icfim.mcu.edu.tw\/en\/2025\/02\/12\/paris-fashion-week-2025-recap\/","title":{"rendered":"\u3010Fashion News\u3011Shiseido\u2019s Profit Tanks 73.1% in 2024, Due to Soft Chinese\u00a0Market"},"content":{"rendered":"\r\n<p>Shiseido announced its 2024 financial results on February 10, reporting a 73.1% drop in operating profit to \u00a57.58 billion (NT$1.6 billion), a sharp decline from \u00a528.13 billion the previous year. The company attributed the decline to weak demand in China, which affected overall performance. CEO Kentaro Fujiwara acknowledged the challenging market conditions and emphasized efforts to rebuild the brand.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><\/figure>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>Shiseido recorded its first net loss in four years, with total sales reaching \u00a5990.5 billion (NT$213.2 billion), a slight 1.8% increase from 2023. However, a net loss of \u00a510.8 billion (NT$2.3 billion) replaced last year\u2019s \u00a521.7 billion profit, partly due to a \u00a512.8 billion loss from selling three beauty brands.<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>China\u2019s sales fell 4.6% to \u00a5249.9 billion (NT$53.9 billion), making up 25% of Shiseido\u2019s total revenue. Key factors include China\u2019s slowing economy, declining consumer confidence, and lower spending on luxury goods. Additionally, duty-free sales, especially in Hainan, dropped over 30%, while online sales in China decreased 20%.<\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n\r\n\r\n\r\n<p>In contrast, Japan\u2019s domestic sales rose 9.2% to \u00a5283.8 billion (NT$61.3 billion), boosted by foreign tourists taking advantage of the weak yen.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Shiseido announced its 2024 financial results on February 10, reporting a 73.1% drop in operating profit to \u00a57.58 billion (NT$1.6 billion), a sharp decline from \u00a528.13 billion the previous year. The company attributed the decline to weak demand in China, which affected overall performance. CEO Kentaro Fujiwara acknowledged the challenging market conditions and emphasized efforts to rebuild the brand. &nbsp; &#8230; <\/p>\n<div><a href=\"https:\/\/icfim.mcu.edu.tw\/en\/2025\/02\/12\/paris-fashion-week-2025-recap\/\" class=\"more-link\">Read More<\/a><\/div>\n","protected":false},"author":61,"featured_media":2397,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_vp_format_video_url":"","_vp_image_focal_point":[]},"categories":[31],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/posts\/2389"}],"collection":[{"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/comments?post=2389"}],"version-history":[{"count":8,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/posts\/2389\/revisions"}],"predecessor-version":[{"id":2400,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/posts\/2389\/revisions\/2400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/media\/2397"}],"wp:attachment":[{"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/media?parent=2389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/categories?post=2389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icfim.mcu.edu.tw\/en\/wp-json\/wp\/v2\/tags?post=2389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}