Why Shiseido, Puig and Henkel All Posted Strong H1 Results
In early August 2026, three European beauty companies, Shiseido, Puig, and Henkel, reported divergent profit growth drivers. Shiseido’s gains stemmed from cost control, Puig’s from strong makeup sales despite skincare slowdown, and Henkel’s from acquired brands in hair care. Each company’s performance highlights distinct strategies for understanding retail decisions in H2 2026.