Blaming weak domestic demand and a covid-related lockdown in China, Shiseido’s sales and profit declined in the first half of the fiscal year. However, sales were strong in travel retail, the Americas, EMEA and Asia Pacific. Shiseido also noted that brands such as Clé de Peau Beauté and Nars posted good gains. Net sales fell 0.4% to 493.4 billion yen ($3.72 billion at current exchange rates), in the first six months of the fiscal year ended June 30. Core operating profit dropped 23.9% year-on...