Retail in Asia

In Sectors

Shiseido acquires Bare Escentuals

Japan’s largest cosmetics maker Shiseido Co. said on 15 March it has completed acquisition procedures for Bare Escentuals Inc. after buying some 91.7 percent of the US-based cosmetics company’s outstanding shares a week earlier.

Shiseido plans to strengthen its presence in the US market and expand its product offerings to include the US company’s mineral-based cosmetics.