GALLERY: Top 10 beauty and cosmetic stories of May 2023

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Check out our recap of the most-read beauty and personal care stories of May 2023 – featuring HUL's premiumisation success, SK-II's travel retail insights and L'Oréal's on Aesop potential.

Check out our recap of the most-read beauty and personal care stories of May 2023 – featuring HUL's premiumisation success, SK-II's travel retail insights and L'Oréal's on Aesop potential.

Top stories of May 2023
Top stories of May 2023

Check out our recap of the most-read beauty and personal care stories of May 2023 – featuring HUL's premiumisation success, SK-II's travel retail insights and L'Oréal's on Aesop potential.

'That's how we'll get growth': Success of beauty premiumisation key to success ‑ Hindustan Unilever CEO
'That's how we'll get growth': Success of beauty premiumisation key to success ‑ Hindustan Unilever CEO

The premiumisation of its beauty and personal care portfolio will be key to driving growth of the business, says the CEO of Unilever's India subsidiary.

'A significant negative': SK-II performance hampered by sluggishness in travel retail ‑ P&G
'A significant negative': SK-II performance hampered by sluggishness in travel retail ‑ P&G

The lack of Chinese shoppers in travel retail has hit the growth of luxury skin care brand SK-II, says Procter & Gamble (P&G).

L'Oréal on Aesop: Beauty giant eyes 'huge prospective growth' for Aesop in Asia led by China
L'Oréal on Aesop: Beauty giant eyes 'huge prospective growth' for Aesop in Asia led by China

L'Oréal's CEO has expressed excitement over the prospect of acquiring Australian luxury brand Aesop, which he believes holds tremendous potential in Asia, and in particular, China.

Cosmetics companies 'advised to' phase out PFAS in products and develop alternatives amid tightening regulations ‑ analyst
Cosmetics companies 'advised to' phase out PFAS in products and develop alternatives amid tightening regulations ‑ analyst

Thailand's Food and Drug Administration (FDA) has responded to growing concerns on the use of 'harmful chemicals' in cosmetics by drafting a proposal to ban 13 types of per- and polyfluoroalkyl substances (PFAS).

'Historic high': Nivea's premiumisation strategy in China yielding success in face and body categories
'Historic high': Nivea's premiumisation strategy in China yielding success in face and body categories

German personal care brand Nivea's premiumisation efforts has helped to increase the average selling prices of its face and body care portfolio.

'Sustainable, but fun': Singapore solid beauty start-up stresses importance of product design for market acceptance
'Sustainable, but fun': Singapore solid beauty start-up stresses importance of product design for market acceptance

Singapore solid beauty JOMO Studio says it is determined to change the 'good product, bad design' mindset when it comes to sustainable products in APAC.

'Kind of a reset': Estée Lauder highlights significance of travel retail despite gloomy results in Asia
'Kind of a reset': Estée Lauder highlights significance of travel retail despite gloomy results in Asia

Estée Lauder's chief has emphasised the importance of travel retail to its global beauty business despite the rebound lag in Asia that has forced it to lower its full-year sales forecast.

'All about accessibility': Ex-L’Oréal exec aims to democratise personalised prescription skin care
'All about accessibility': Ex-L’Oréal exec aims to democratise personalised prescription skin care

Modules, a new skin care brand from Singapore, is aiming to make personalised skin care with prescription-level active ingredients accessible for the masses.

Not horsing around: Tradition, efficacy, and Japan-made quality drive horse oil cosmetic sales
Not horsing around: Tradition, efficacy, and Japan-made quality drive horse oil cosmetic sales

Japanese horse oil brand Loshi sees more room to grow in Asia where there is a high appreciation for this traditional skin remedy.

'We must raise the bar': Beauty consumers look to 'invest' while travelling ‑ SK-II CEO
'We must raise the bar': Beauty consumers look to 'invest' while travelling ‑ SK-II CEO

The travel retail channel holds major potential for luxury beauty, but more effort must be made to secure increasingly demanding travellers, says the CEO of SK-II.