Japanese beauty group Shiseido announces departure of EMEA President Franck Marilly
Japanese beauty conglomerate Shiseido has announced the resignation of Franck Marilly, President of its Europe, Middle East, and Africa (EMEA) region. Marilly, who joined the company in 2018, will officially step down on May 31. The company cited 'personal reasons' as the motive behind his departure. Shiseido, whose portfolio includes brands such as Drunk Elephant, Nars, and Serge Lutens, confirmed in a press release that it will not appoint a successor to the EMEA presidency.
Alberto Noé, who has served as President and CEO of Shiseido EMEA since May 2024, will continue leading the region, which is headquartered in Paris. He is also serving as interim head of Shiseido Americas, following Ron Gee's departure on April 15 of this year.
This leadership transition comes during a period of mixed performance for the group. In 2024, Shiseido's operating profit fell significantly to 7.58 billion yen (approximately $48.3 million), down from 28.13 billion yen the previous year.
While the EMEA region posted an 8% increase in sales and Japan recorded 10% growth, the company faced notable declines in other markets. Sales fell by 5% in China, 7% in the Americas, and 24% in travel retail.
Looking ahead to 2025, Shiseido is targeting 4% growth. The company will concentrate on its core brands—Shiseido, Clé de Peau, and Nars—while also evaluating potential asset disposals as part of its broader restructuring strategy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
France 24
16 hours ago
- France 24
Will David Beckham finally become a 'Sir' in king's birthday honours list?
Donald Trump and Elon Musk 's spectacular, messy and public fallout is on all the papers this Friday. The former BFFs-turned-enemies started feuding this week over Musk's criticism of Trump's "big beautiful bill" – a domestic policy bill that will add trillions to the public deficit. Vindictive, petty, childish, messy and public are just some adjectives used by The New York Times to describe Musk and Trump's spat. The Wall Street Journal recalls that the spat escalated gradually, starting with Musk criticising Trump's bill, to which Trump said Musk was aware of what had been coming. This was followed by Musk's calls to "kill the bill", to which Trump responded by saying that Musk suffered from Trump derangement syndrome. Then, the ultimate insult: Musk said Trump wouldn't have won without him. The editors of the Wall Street Journal liken the breakup to the War of the Roses. However, their spat may be as shortlived as their bromance. An exclusive from Politico's US website notes that Trump told the media outlet that all is OK between Musk and him. Privately, White House officials are working to de-escalate the feud. We turn our attention to an interesting article in The Economist, which looks at the rising preference of girl babies and the stunning decline of boys. In the 1980s, with the rise of ultrasound machines that could determine sex during pregnancy, millions of girls were aborted. Having a girl at the time was perceived as undesirable. But today, in some regions, preferences for girls are growing. The magazine notes this is the case among Japanese couples who only want one child. American and Scandinavian couples are more likely to have more children if their first one is a boy. In adoption, parents pay more for a girl and prospective mothers opt for XX chromosomes when sex selection is possible in IVF. The reasons for these changing attitudes are myriad and quite stereotypical – that girls are easier to raise and more academically astute, unlike boys who are perceived as more likely to get into trouble – 93 percent of prisoners in the world are male. There is also the perception that a surplus of men, as we saw with gender selection in the 1980s, has created a sexually frustrated generation, leading to violence against women. The feeling is that a surplus of females in the world will have a counter-effect: more peace. The sports pages are awash with jubilation, joy and heartbreak after France 's loss to Spain in the Nations League. The Spanish daily Marca calls it a dance that ended with a scare for Spain who were leading 4-0 and then 5-1 in the second half before Les Bleus scored three goals in the last fourteen minutes. But it wasn't enough for France to win what Le Figaro calls a crazy game. Spain play Portugal in the final on Sunday. L'Equipe shares the same sentiment, calling the match "totally mad" . Also sharing front page space today is French tennis player Loïs Boisson, who lost to Coco Gauff in the semi-finals of the French Open, despite a dream run at the tournament. There's good news, however, for Jordan 's national team. Jordan Times reports that the team has qualified for the first time ever for the 2026 World Cup after beating Oman 3-0. The paper calls it "a monumental moment for Jordanian football and a culmination of years of effort, heartbreak and relief." Finally, British daily The Sun reports that David Beckham could be set to become Sir David Beckham in next week's king's birthday honours. It's been a years-long campaign – Beckham was first put forward for knighthood in 2011 after helping secure the 2012 London Olympics. But the footballer was blocked after being embroiled in a tax avoidance scheme. The long wait may be almost over for the man known as Golden Balls - or possibly, Sir Golden Balls!
Fashion Network
17 hours ago
- Fashion Network
Chanel to stage Galerie du 19M in Tokyo this fall
Chanel has unveiled plans to stage Galerie du 19M in Tokyo this fall, promoting its unique array of multiple "Métiers d'art" to the greater public. The brand has chosen an elevated space—on top of a noted Tokyo skyscraper—to display the inimitable skills of 19M craftspeople. Founded by Chanel in 2021 in Paris, 19M is a unique constellation of skilled métiers and specialist suppliers bringing together nearly 700 craftsmen and experts from the worlds of fashion and decoration. The Galerie du 19M is an open space dedicated to the transmission and promotion of Métiers d'art through a multi-disciplinary program showcasing emerging creative scenes. Previously, the Galerie du 19M moved for several weeks to a naval fort in Marseilles when Chanel staged its cruise collection in the Mediterranean city last year. From September 30 to October 20, 2025, Galerie du 19M will be staged on the 52nd floor of the Mori Tower. A giant skyscraper with nearly 400,000 square meters of floor space, Mori Tower is also home to a famed art museum, one floor above the Chanel event. 'Visitors of all ages will marvel at the richness of the Japanese and French heritages and the modernity of their contemporary interpretations,' Chanel underlined in its release. In January 2022, French President Emmanuel Macron celebrated the opening of 19M, Chanel's unique couture and fashion skills campus in northern Paris, praising it as an expression of a cultural revolution in France. It is an impressive building uniting wide-ranging skills from embroiderers (Lesage) and bootmakers (Massaro) to milliners (Maison Michel), pleat makers (Lognon) and feather suppliers (Lemarié) in a truly unique constellation of skills and know-how. 'The Galerie du 19M Tokyo is a new milestone in the history that links Chanel and Japan, founded on respect, mutual admiration and shared inspiration. While Japanese aesthetics have permeated many collections since the days of Gabrielle Chanel, the House has also paid tribute to Japan through many important events, from its first fashion show in Tokyo in 1978 to its first Métiers d'art exhibition abroad, at the Ginza flagship in 2004,' noted Chanel. The Galerie du 19M Tokyo will offer a free, inspiring and playful tour, open to all, in three chapters: The Festival, a monumental installation showcasing the unique know-how of the Maisons d'art du 19M, designed by the ATTA agency, headed by renowned architect Tsuyoshi Tane; and 'Beyond Our Horizons,' an immersive exhibition featuring creations by nearly 30 Japanese and French craftsmen and artists — many of them created in collaboration with the Maisons d'art du 19M — curated by five personalities from the creative world: Momoko Ando, Yoichi Nishio, Shinichiro Ogata, Kayo Tokuda and Aska Yamashita. Finally, "Lesage, 100 years of fashion and decoration," is a retrospective celebrating the centenary of the embroidery and weaving house, unveiling its most impressive creations.
Fashion Network
17 hours ago
- Fashion Network
Chanel to stage Galerie du 19M in Tokyo this fall
Chanel has unveiled plans to stage Galerie du 19M in Tokyo this fall, promoting its unique array of multiple "Métiers d'art" to the greater public. The brand has chosen an elevated space—on top of a noted Tokyo skyscraper—to display the inimitable skills of 19M craftspeople. Founded by Chanel in 2021 in Paris, 19M is a unique constellation of skilled métiers and specialist suppliers bringing together nearly 700 craftsmen and experts from the worlds of fashion and decoration. The Galerie du 19M is an open space dedicated to the transmission and promotion of Métiers d'art through a multi-disciplinary program showcasing emerging creative scenes. Previously, the Galerie du 19M moved for several weeks to a naval fort in Marseilles when Chanel staged its cruise collection in the Mediterranean city last year. From September 30 to October 20, 2025, Galerie du 19M will be staged on the 52nd floor of the Mori Tower. A giant skyscraper with nearly 400,000 square meters of floor space, Mori Tower is also home to a famed art museum, one floor above the Chanel event. 'Visitors of all ages will marvel at the richness of the Japanese and French heritages and the modernity of their contemporary interpretations,' Chanel underlined in its release. In January 2022, French President Emmanuel Macron celebrated the opening of 19M, Chanel's unique couture and fashion skills campus in northern Paris, praising it as an expression of a cultural revolution in France. It is an impressive building uniting wide-ranging skills from embroiderers (Lesage) and bootmakers (Massaro) to milliners (Maison Michel), pleat makers (Lognon) and feather suppliers (Lemarié) in a truly unique constellation of skills and know-how. 'The Galerie du 19M Tokyo is a new milestone in the history that links Chanel and Japan, founded on respect, mutual admiration and shared inspiration. While Japanese aesthetics have permeated many collections since the days of Gabrielle Chanel, the House has also paid tribute to Japan through many important events, from its first fashion show in Tokyo in 1978 to its first Métiers d'art exhibition abroad, at the Ginza flagship in 2004,' noted Chanel. The Galerie du 19M Tokyo will offer a free, inspiring and playful tour, open to all, in three chapters: The Festival, a monumental installation showcasing the unique know-how of the Maisons d'art du 19M, designed by the ATTA agency, headed by renowned architect Tsuyoshi Tane; and 'Beyond Our Horizons,' an immersive exhibition featuring creations by nearly 30 Japanese and French craftsmen and artists — many of them created in collaboration with the Maisons d'art du 19M — curated by five personalities from the creative world: Momoko Ando, Yoichi Nishio, Shinichiro Ogata, Kayo Tokuda and Aska Yamashita. Finally, "Lesage, 100 years of fashion and decoration," is a retrospective celebrating the centenary of the embroidery and weaving house, unveiling its most impressive creations.
