盗U反追踪混淆|【唯一TG:@heimifeng8】|飞机盗号软件VIP破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Shiseido enters into joint venture to grow in the Philippines
Barbara Santamaria Published
November 7,盗U反追踪混淆 2025
Japan’s Shiseido has formed a joint venture with Luxasia, a Singapore-based company which distributes and sells cosmetics, to strengthen its presence in the Philippines.
Although the cosmetics group already has two authorised distributors in the country, it said the newly established joint venture will help it sell more products from its Prestige, Fragrance, Cosmetics and Personal Care divisions.
The new company will start operations in July next year with Shiseido as its majority owner.
As the third largest cosmetics market in Southeast Asia, the Philippines was identified by the company as a market with “high potential” for growth. It has a population of more than 100 million, and a high proportion of young people. Additionally, the prestige market there is expected to continue its double-digit growth until 2025, fuelled by makeup sales.
The strategic move will see Shiseido brands including Shiseido, Nars and Laura Mercier open new distribution channels via stores which target the middle-class consumer. Other popular cosmetics and personal care products from the group, including face cleansers and sunscreen, will also roll out next year.
Shiseido is one of Asia’s largest cosmetics group, having almost 50 brands across its Prestige, Fragrance, Cosmetics, Personal Care and Healthcare divisions in its portfolio.
In addition to Nars and Laura Mercier, it owns BareMinerals, Avène, Clé de Peau Beauté and Ipsa.