Byravee Iyer
Aug 2, 2013

Other brands will suffer Kanebo’s blemish: Experts

TOKYO - Japanese cosmetic brand Kanebo likely won't be the only skincare brand to suffer following a series of product recalls over allegations of skin damage from the use of whitening products.

Kanebo's portfolio of brands

A series of recalls following reports of the products causing skin blotches has cost Kanebo’s parent company Kao approximately $61 million of operating profit, according to news reports.

“This is a very touchy issue especially when it concerns someone’s health and life,” said Kaz Maezawa, founder and CEO of Naked Communications, who believes that many consumers may stop buying skin whiteners altogether. “No matter what Kanebo does, its credibility has gone down significantly, and this...

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