German personal care major Beiersdorf has plans to expand La Prairie’s offline presence in China with 10 more touchpoints as the brand rebounds strongly in the pandemic-plagued market.
The CEO of Japanese consumer goods company Kao Corporation has underlined the immediate need to revitalise its declining hair care business amid stiff competition in the mass market sector.
Indie brand Solidu wants to deepen its retail presence across Europe and the US, but also innovate further into solid face care – a space its founder says still holds plenty of promise.
Retailer A.S. Watson has cautioned that consumer sentiment in China will take time to fully recover, despite an uptick in footfall following a turbulent few months due to COVID-19 restrictions.
Upcycled seaweed could soon be available as an emulsifier in the Asian beauty and personal care market, with one firm keen to tap into clean beauty interest ‘as fast as possible’.
Japanese beauty major Shiseido is planning to invest JPY10bn (USD75.5m) in both brand equity and its employees as part of plans to go on the offensive and buck the declining trend of the market.
French beauty giant L’Oréal will not be stamping out Maybelline’s physical presence in China and migrating online completely, despite the strength of e-commerce and plans to close 14 standalone stores, its CEO has confirmed.
Colgate, Lifebuoy, Dove and Sunsilk are the most chosen beauty and personal care brands in the world, but L’Oréal Paris is the ‘biggest online adopter’, according to Kantar Worldpanel’s 2022 Brand Footprint.
Indian consumer goods giant Hindustan Unilever has reported seeing “extremely unprecedented levels” of inflation in the soap category, said the firm’s CFO.
International beauty major L’Oréal has reported strong sales growth for the first half (H1) of 2022, with much of business returning to or exceeding pre-pandemic levels and net profit surging.
French ingredient firm Greentech believes its new ingredient Myralys and its ability to tackle the ageing effects of glycation around the eye contour has tremendous potential in the APAC skin care market.
Hong Kong-listed L’Occitane’s business in China dropped by double digits due to COVID-19 troubles, hindering the performance of the Asia Pacific region in the three months ending June 30.
Personal care major Johnson & Johnson (J&J) has reported a rise in first half (H1) sales for 2022 despite a dip in pre-adjusted profits and consumer health sales hit by COVID-19, input costs and supply issues.
Glass packaging supplier SGD Pharma has plans to increase the capacity of its Zhanjiang plant in China by 15% on the back of “explosive” demand at home and an aggressive expansion strategy in the Americas.
India-based cosmetics conglomerate The Good Glamm Group is set to make its first foray internationally into the Middle East in August, and has plans to tackle the South East Asian market next year.
Olive Young has seen its global orders increase by 125% during its mid-year sales period, signalling strong overseas opportunities for the South Korean beauty retailer.
POPxo, a cosmetics platform and label under India’s digital content and D2C beauty firm The Good Glamm Group, will be capitalising on multi-use cosmetics and emphasising sun protection to extend its market reach.
Hong Kong-based beauty retailer Sa Sa International is eyeing opportunities in Malaysia, Australia, Europe, and North America with a revamped international online store.
Mumbai-based online beauty firm Pilgrim plans to execute a two-pronged expansion strategy by tapping the Middle East markets and setting up an offline presence by Q4 2023.
J-beauty skin care brand Orbis will relaunch its best-selling skin ageing care range, Orbis U, with three new products, with the firm targeting sales of JPY2.5bn ($18.5m) in its first year.
Indian beauty retailer Health & Glow has launched its first colour cosmetics brand, H&G Cosmetics, which it hopes will evolve to become the local beauty consumers’ “go-to brand”.
French clean beauty brand Caudalie is gearing up to expand its presence in Asia with new entries into India and Vietnam on the back of what it belives is growing demand for effective and clean skin care.
Newly launched Australia-based men’s skin care brand HIZ Body says revenue has doubled month on month since March and plans to expand into new markets to capitalise on the growing demand for men’s skin care.
Indian online beauty retailer Purplle is gearing up to expand its business into physical retail this year, with aims to launch around 10 stores by the fourth quarter.
An Ayurvedic beauty brand from India is expecting 100% year-on-year growth on the back of the post-COVID-driven trend for slower, more ritualistic beauty products and habits.
L’Occitane International saw China emerge as its top driver for sales in FY2022, charting a net sales growth of EUR327.9m (U$347.3m), alongside other significant APAC markets Japan and Hong Kong.
Royal DSM has initiated testing of its bio-based vitamin A ingredient in the cosmetics market, ahead of scaling commercial production for applications including cosmetics and human and animal healthcare.
Indian parenting platform BabyChakra has launched its very first range of baby care products which it believes has the potential to achieve monthly growth of 30% on the back of India’s booming mum and baby care segment.
UK-based men’s cosmetics brand Shakeup Cosmetics has made its debut down under with Aussie department store Myers as well as online beauty retailers Lookfantastic and Adore Beauty.
Global seafood giant Thai Union says it is placing a significant focus on microalgae omega-3, besides its usual marine sources, as it seeks to diversify its ingredients business.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight Dear Dahlia’s Middle East expansion, trends within the recovering travel retail market and more.
Food, nutraceuticals and cosmetics brands worldwide can now tap the expertise of a newly-minted halal alliance to enter the lucrative global halal market forecasted to reach USD$2.8 trillion by 2025.
Genderless make-up brand FIVEISM x THREE is embarking on an overseas expansion as the COVID-19 situation abates, with new markets including Korea, Singapore, and Taiwan on its cards.
Indian direct-to-consumer (DTC) beauty and personal care brand SUGAR Cosmetics has secured U$50m in funding, which will bring it closer to its goal of going public.
American multinational Coty Inc says e-commerce will be crucial in the South East Asian market as it aims to deliver “high double-digit growth” for its portfolio of fragrance brands.
South East Asian retailer FJ Benjamin Holdings (FJB) has added UK brand MZ Skin to its beauty portfolio as part of its new focus on health and wellness.
Australian healthcare company EZZ Life Science Holdings has entered the beauty and personal care space with a new hair care range which it hopes can help double its business in the next couple of years.
Luxury vegan beauty brand Dear Dahlia from South Korea is set on expanding its presence in the Middle East, with new markets including Egypt, Kuwait, and Bahrain on the cards for this year.
Singapore-based beauty brand Kew Organics is set to establish an in-house laboratory to bring down rising costs as it gears up to chase new opportunities in the international market.
The travel retail channel is probably the ‘world’s best platform’ for brands to engage consumers and showcase their sustainability efforts, according to the head of travel retail for Rituals Cosmetics.
India-based direct-to-consumer (DTC) beauty brand Earth Rhythm is set to expand its offline retail footprint, starting with plans to open 50 kiosks across India.
Malaysian micro brand Analogue Apotik is one of the pioneers of solid cologne in the Asian market, and now founder Adrian Cheong has revealed how innovation, flexibility and convenience has helped the brand compete with traditional ethanol and water-based...
A Singapore skin care brand targeted at mothers is counting on events, pop-ups, and offline retail opportunities to increase its brand awareness after being hampered by the COVID-19 pandemic.
Japanese cosmetics company Kosé Corporation is pushing ahead with the expansion of its ‘high-prestige’ brand Decorté in China despite tough market conditions.
Firmenich and DSM have revealed plans to merge the two companies in a move that they believe will create an ‘unparalleled’ leader in nutrition, beauty and wellbeing.