Beauty retailer Sa Sa’s latest quarterly highlights major challenges in key markets Hong Kong and Macau such as reduced local consumption and increased outbound travel.
Procter & Gamble’s fiscal 2025 first-quarter results reveal steady growth in organic sales, up 2% due to price increases and innovation. However, the beauty segment faced challenges, particularly in luxury skincare.
In the third quarter of 2024, total sales rose yet missed expectations, due to the impact of the flagging China market and the slowdown of derma and sun care sales in the US.
Contract manufacturer Cosmax is banking on major new opportunities in China’s domestic beauty market on the back of the rise in online direct-to-consumer brands in recent years.
South Korean beauty brand ANUA is set to expand its presence in Europe with plans to roll out to 120 UK Boots outlets by October as it works to increase its global footprint.
South Korean beauty brand AXIS-Y plans to broaden its presence in North America by reaching a more mainstream audience through channel expansion and influencer outreach.
In this round-up of beauty business updates in the APAC cosmetics industry, we highlight the business developments of Phyto, LG H&H, Estée Lauder and more.
Exclusive insights from Elizabeth Arden, G&M Cosmetics, Aromababy, alongside industry experts shed light on the increasing complex landscape of China’s beauty market while highlighting its major challenges and opportunities.
Japanese personal care major Mandom is rolling out NatureLab Tokyo in Singapore as it seeks the opportunity to meet the demands for clean, natural and ingredient-led scalp care solutions.
E-commerce retailer Shopee Korea is aiming for 300% growth in Thailand next year as K-beauty brands such as COSRX, Fwee, Torriden, and VT Cosmetics surge in demand.
South Korean consumer goods company LG Household and Health Care (LGH&H) has invested KRW5bn (USD3.73m) in a venture capital fund that fosters K-beauty start-ups.
Insights from Nykaa, Potion Inc, and Invest India highlight strategies to win over its price-sensitive consumers and navigate diverse distribution challenges within India’s tier two and three cities.
Estée Lauder is hopeful that global prestige beauty will have mid-single digit growth by fiscal 2026, providing the China market gradually stabilises and resumes growth.
Coty has revealed its confidence in China's high-end skin care sector for Lancaster and Orveda, despite forecasting 'negative growth' for the category in the coming months.
In this round-up of business and financial updates in the APAC cosmetics industry, we highlight the business developments from L'Oréal, Shiseido, Nykaa and more.
Indian omnichannel beauty firm Nykaa has raised its stake in Dot & Key and acquired a majority stake in Earth Rhythm in order to strengthen position in skin care and sustainable beauty.
German beauty and personal care company Beiersdorf is set to launch NIVEA Face and Eucerin in India, where it sees tremendous potential in the facial care category.
Shinsegae International’s move to acquire the Gen Z favourite colour cosmetics brand AMUSE signals intentions to expand globally and boost profitability.
Hindustan Unilever’s (HUL) Stratos technology reduces palm oil in soap by 25% and claims to have superior functional benefits to the skin barrier, fragrance delivery, and more.
Shiseido’s prestige skin care brand Clé de Peau Beauté aims to elevate customer engagement through innovative retail approaches, reinforcing the brand's commitment to excellence on a global scale.
South Korean beauty brand Missha will launch its Vita C Plus skin care range into 33 Costco locations in Japan as it sees greater growth potential in skin care.
French beauty giant L'Oréal sees tremendous opportunity for L'Oréal Paris to recruit new customers in China as market trends favour cost-effective products.
Organic cosmetics company Indus Valley is working to corner 30% of India's online premium boxed hair colour market as part of its ambitious growth plans.
South Korean cosmetics firm Able C&C is set on reinforcing its competitiveness in China’s beauty market through strategic online expansion and collaborations with local key opinion leaders (KOLs).
In this round-up of beauty business updates in the APAC cosmetics industry, we highlight the business developments of Neutrogena, Coty, LUXASIA and more.
Thai beauty conglomerate Karmart will launch two derma skin care brands later this year as part of plans to expand and premiumise its beauty portfolio.
Beauty retailer Sa Sa says spending in Hong Kong, especially on during weekends and public holidays, is being impacted as locals flock to Shenzhen in search of bulk deals.
American beauty multinational Coty has pushed its marketing efforts for brands such as Burberry Beauty and Kylie Cosmetics as it nurtures its prestige beauty business in India.
Australian personal care brand Totem Eco aims to tap into the growing trend of conscious consumerism as it embarks on its international expansion, with South East Asia as a major focus.
Singapore-based Scent Journer’s pandan-infused fragrance has gained traction among Chinese consumers seeking unique scents, propelling the brand’s first venture into the market.