lunes, 23 de diciembre de 2019

Nikkei Asian Review

Japan Update

December 20, 2019


Shiseido's 'Christmas

 factory' feels chill from Hong 

Kong and Seoul

TOKYO -- Top Japanese 
 cosmetics maker Shiseido
 will open its first domestic 
plant in 36 years on 
Christmas Eve, 
but the mood around
 the occasion is less than festive.

The factory north of Tokyo
 was conceived as a way
 to satisfy
 unmet demand for the
 company's beauty 
products
 from foreign buyers, with
 two more plants in
 the works.

But the expansion plans have 
run into unexpected headwinds
 from anti-government protests
 in Hong Kong, which threaten
 sales there, and South Korean 
boycotts of Japanese goods.

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