J-beauty behemoth Shiseido Company saw its first quarter net sales decrease by 15.8% while net profit and operating profit fell by 95.8% and 83% respectively as a result of the global novel coronavirus (COVID-19) pandemic.
The founder of a Singapore-based fragrance firm believes the functional fragrance trend is set to boom as more consumers prioritise their inner well-being in the face of the novel coronavirus (COVID-19) pandemic.
Consumer interest in topical probiotic cosmetics is rising, presenting opportunity to target niche skin conditions and push hard science before establishing relevance in the wider wellness market, an expert says.
Digitalisation, personalisation, wellness and sustainability have been popularised by independent beauty brands and with big beauty now onboard these trends will remain critical as 2020 evolves, says GlobalData.
International skin care major Beiersdorf has reported a sales dip for the first quarter of 2020 amid the ongoing coronavirus (COVID-19) pandemic, with European business and the La Prairie brand especially hard-hit.
Luxury cosmetic brands need to stay fluid in the face the novel coronavirus (COVID-19) pandemic to make up for the lack of advantages in today’s market.
Australian-owned beauty brand ASARAI is gearing up to expand internationally and move into new categories such as supplements, as demand for natural, clean, sustainable and holistic products increases worldwide.
K-beauty giant Amorepacific plans to reinforce digital strategy to improve 2020 earnings amid the novel coronavirus (COVID-19) crisis after sales and operating profit decreased by 22% and 67% in Q1.
Shiseido Travel Retail is preparing to meet the demand of Chinese travellers with a wide range of multi-functional skin care launches as they begin to start travelling post-lockdown.
Personal care conglomerate Kao Corporation has said it will be boosting the production of products such as hand soap and hand sanitisers as demand outstrips supply.
Cosmetics major Lush has started reopening shuttered stores across EMEA and Russia as coronavirus (COVID-19) lockdowns start to ease – a move executives say would not have been possible without the help of local governments, councils and landlords.
A Taiwanese natural beauty brand utilising native ingredients is gearing to expand its business further into the Asian markets given the spike in popularity of clean beauty products.
Cosmetic manufacturer Global Cosmetics believes that China will remain a major supply chain hub for the cosmetic industry, despite the disruptions caused by the novel coronavirus (COVID-19) outbreak.
Givaudan Active Beauty believes demand for cosmetic ingredients developed using green biotechnology is rising on the back of consumer demand for eco-friendly natural yet effective ingredients.
Bioplastics research and development efforts worldwide remain very immature, particularly in cosmetics where there have been very few patents filed, according to Clarivate Analytics.
The novel coronavirus outbreak will have lasting impact on the beauty industry when it comes to digital strategies, cross-collaborations and sustainability.
Beauty is one of the hardest-hit consumer categories in the ongoing global coronavirus (COVID-19) pandemic, but it will also likely bounce back fastest because of digital strengths, says an expert consultant.
French cosmetics company L’Oréal reported that its sales in China have seen progressive signs of recovery since the country was hit by the novel coronavirus (COVID-19) outbreak, potentially signalling that the cosmetics market is headed for a quick recovery...
Procter & Gamble (P&G) has reported a sales rise for its fiscal 2020 third quarter, buoyed by home and healthcare divisions, but net sales in beauty shrank due to a poor SK-II performance linked to travel retail closures.
Japanese personal care major Shiseido has developed a range of makeup tools from reinforced resin, including eyelash curlers, beauty scissors and tweezers, that address metal allergies and sensitivities.
L’Oréal sales sank by almost 5% for the first quarter of 2020 amidst the ongoing coronavirus (COVID-19) crisis, though actives maintained strong growth and at-home haircare flourished.
Type 1 collagen extracted from sea cucumber holds strong potential for use in functional cosmetics because of its excellent moisture retention and absorption properties, say researchers.
Consumers in coronavirus (COVID-19) lockdown are looking forward to plenty the other side, but beauty therapy tops the ranks – way ahead of eating out, socialising and travel, according to Kantar.
Non-profit public interest group EcoWaste Coalition is calling on the beauty industry aid its fight against the sale of adulterated whitening products by emphasising beauty in diversity.
Personal care major Johnson & Johnson has lowered its 2020 guidance to reflect the impact of the ongoing coronavirus (COVID-19) crisis, despite a strong net income surge for the first quarter.
Brands must engage consumers with scientifically backed data and not resort to fearmongering and greenwashing in order to promote clean beauty, says the founder of a specialist beauty retailer.
The market is set to see a boom in conscious beauty, with one firm believing that the novel coronavirus (COVID-19) will have a clear and lasting impact on the emerging trend.
Beauty products considered safe, trustworthy and comforting will see a sharp rise in demand in the aftermath of the novel coronavirus (COVID-19), with one firm also believing that colour cosmetics could dip, while hygiene and skin care will drive forward.
Taiwan-based AI/AR firm Perfect Corp is offering cosmetic firms complimentary use of its augmented reality training service, YouCam A.R.T., to help them connect their teams, as working remotely becomes the new normal.
The ongoing coronavirus (COVID-19) outbreak has seen a surge in demand for essential oils with claims of antiviral and antibacterial effects, although the industry has warned there are no sufficient evidence of its efficacy against the pandemic.
The ongoing global coronavirus (COVID-19) pandemic has gripped markets worldwide, and with no concrete end in sight, CosmeticsDesign’s editors discuss market impacts, industry response and what might still be to come.
The demand for whitening or brightening beauty products can never be overstated, with the Asian ideal of beauty remaining translucent, radiant skin unblemished by pigmentation.
The investments poured into the digital transformation of its front and backend systems have put retailer Watsons in a strong position to tackle the novel coronavirus (COVID-19) outbreak, according to its Group COO.
The Shiseido Company is bracing for impact as the novel coronavirus spreads through Europe and the Americas, while its China business shows encouraging signs of recovery.
Personal care major Unilever is working with the UK government on a global campaign to raise awareness about the importance of handwashing during the ongoing coronavirus outbreak.
Derma cosmetics brand Curél is set to unveil a new flagship product in April 2020 to accelerate the brand’s growth in the domestic and global marketplace.
Ingredients company Lucas Meyers Cosmetics will be launching an active that targets the root cause of skin dryness to provide an immediate moisturising effect.
CBD beauty is poised to take off across Europe, despite complex regulatory hurdles, and the UK, hemp, and medical cosmetics are key areas of promise, says a cannabis expert.