As the use of digital devices rises and more young people enter the beauty consumer space, Accenture's new report estimates social commerce will more than double by 2025.
South Korean consumer goods giant LG Household and Health Care announces record-breaking sales and operating profit numbers for its 2021 fiscal year, marking the company’s 17th consecutive year of growth.
L’Oréal brand Urban Decay has made its first mark in China’s travel retail channel, following previous launches on Tmall and in Sephora outlets, after being buoyed by changes to the animal testing regime.
Indian feminine hygiene brand Sirona Hygiene says its recent funding boost from Good Glamm Group will help drive conversations and break taboos surrounding the category.
Australian baby care brand Aromababy is set for a major branding update in 2022 as it gears up to strengthen its overseas business and diversify its product offering.
Pula, a new cosmetic brand from China, has launched a range of clean label skin care for children on two of the largest e-commerce sales channels, Tmall and Douyin.
Hong Kong-listed L’Occitane’s third quarter sales results have risen by 14.6% like-for-like compared to its pre-pandemic 2020 numbers, and by 9.5% year-on-year, thanks to a strong holiday season
While B corps are generally working towards improved social and environmental impacts in their industry, the newly formed B Beauty Coalition believes open collaboration could mean real progress.
In the debut instalment of our How to win over series, we explore the thriving Indian beauty market to reveal the product development, sourcing, marketing and business strategies for success with expert insights from the biggest brands, thriving start-ups...
K-beauty brand aggregator B2LiNK’s acquisition of beauty application Picky is crucial for the firm’s long-term growth as it aims to become the “number one global digital skin care community”, says its CEO.
Amorepacific is taking a three-pronged approach for growth in 2022, including strengthening its branding and digital efforts, while also restructuring the business.
Australia’s skin care firm MADE FOR MAN has outlined in its three-year strategic plan to launch its botanical skin care products in UK, Europe, US and Asia.
Personal care major Beiersdorf will acquire a stake in German-based skin diagnosis startup dermanostic as part of its wider digitalisation strategy, particularly for its derma brand Eucerin.
Retail major A.S. Watson has grown digital beauty engagement across Superdrug and ICI PARIS XL with an AI-powered skin advisor tool co-developed with Finnish beauty tech firm Revieve – an innovation it plans to rollout across Asia next year.
Vegan beauty brand Plum is aiming to at least double its reach in the next eight to nine months following the launch of its first standalone retail store.
UK-based startup Chāmpo has secured funding it says will be used to drive retail growth, international expansion and NPD during an exciting and pivotal time for the hair care market.
The Japanese manufacturer of the popular Tenshi no RaRa brand of collagen drinks and soaps is aiming to increase sales by fivefold in Taiwan next year.
Amazon has long been an e-commerce goliath but as it edges deeper into beauty, brands should take note, especially given its model offers a lot of what today’s consumer wants, an expert says.
South Korean cosmetic products from SMEs and start-ups have chalked up the biggest growth in exports in the past decade and is now the second-largest category, according to a new report from trade chiefs.
Beauty major L’Oréal has signed an agreement to acquire US superfood skin care specialist Youth to the People in a move set to deepen its ethical offering in an increasingly competitive market, say experts.
Yatsen Holdings, the firm behind popular make-up brand Perfect Diary, is channelling its efforts and resources into skin care, where it believes will be key to the firm's future growth.
L’Occitane International has recorded sales growth of 23% in China during the first half of its 2022 fiscal year aided by investments and new launches of core brand L’Occitane en Provence.
Singapore-based acne care brand Skinlycious has recently launched in the US market and is seeking an international retail partner that can help the brand achieve its goal of becoming the ‘top’ acne care brand in the world.
Indian beauty e-tailer and brand owner Purplle is set to make significant investments into technology that help them identify emerging trends well ahead of the market, after completing a U$75m funding drive.
Cosmeceutical company Fixderma is looking to expand the global reach of its derma beauty brand FCL with the help of Lotus Herbals, which recently acquired a 32% stake in the company.
French beauty company L’Oréal believes that China’s policies aimed at bridging the widening wealth gap will ultimately be a boon for the beauty industry.
Kosé Corporation has entered a partnership with spa group Aman Group to showcase Decorté in a series of exclusive facial and body treatments as it strives to turn the brand into a global prestige beauty powerhouse.
The encouraging prospect of luxury beauty in South East Asia is pushing retailer escentials to embark on a regional expansion despite the impact of COVID-19.
Cosmetics major Lush will close all global social media accounts across Instagram, Facebook, TikTok and Snapchat this month, stating they will remain closed until the platforms provide a safer environment for users.
Johnson & Johnson (J&J) will become more competitive in personal care after the carve out of its consumer health business, particularly if it invests in personalised and premium NPD, an analyst says.
Japanese beauty and personal giant Shiseido will be making “aggressive marketing investments” in the fourth quarter to capitalise on what it believes is the beginning of market recovery from this year’s COVID-19 resurgence.
Honey Girl Organics, a company that uses bee-derived products, was fast-tracked to enter China’s beauty market after winning over Alibaba in the firm’s second annual Go Global 11.11 Pitch Fest.
India’s Forest Essentials believes its launch with UK beauty e-tailer lookfantastic will help it to boost its international appeal as prepares to expand its footprint to the Middle East, South East Asia and the US in the next few years.
Personal care titan Johnson & Johnson (J&J) will split out its consumer health business to create a new publicly traded company, part of its wider plan to pursue more targeted growth strategies.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the reasons behind Amorepacific’s stake in COSRX, L’Occitane Q2 sales rebound and more.
New skin care brand iORA from Anita’s Aromatics has set up an Amazon storefront to boost online sales in India having recently launched a prebiotic skin care range.
Japanese cosmetics company Shiseido has recorded a 194.8% surge in operating profits as sales grew in all regions except for its home market thanks to its skin beauty and prestige brands, as well as the strength of its e-commerce business.
The Estée Lauder Companies recorded organic net sales growth of 10% in Asia Pacific despite the wave of COVID-triggered lockdowns that hit the region, driven by the strong performance of China and South Korea.