Business & financial

Unilever simplifies its business structure: set to become one legal entity

Unilever simplifies its business structure

By Lucy Whitehouse

Unilever has announced the how it intends to carry out its planned transformation into a ‘simpler, more agile and more focused business’.

BASF signs MoU for chemical facility in China

BASF signs MoU for chemical facility in China

By Natasha Spencer

German chemical company, BASF, enters into a Memorandum of Understanding (MoU) to consider the launch of its first fully-owned production plant in China.

Digital payment apps to increase in APAC

Digital payment apps to increase in APAC

By Natasha Spencer

Growing in adoption in both established and emerging beauty and personal care markets, digital wallets and contactless card-based payments are on the rise.

Coty teams with DKSH in Asia

Coty teams with DKSH in Asia

By Deanna Utroske

Again Coty has partnered with the market expansion services company, in this instance to advance the beauty maker’s professional hair care business in Singapore and Malaysia.

“We are not perfect” says L’Oréal veteran about the beauty industry

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“We are not perfect” says L’Oréal veteran about the beauty industry

By Lucy Whitehouse

The cosmetics industry in Europe is living through a challenging time: Brexit is looming, for one thing, and for another, the industry is under frequent, intense scrutiny for its practices and impact (bans on microplastics and animal testing are key examples)....

Bell Flavors & Fragrances opens in Indonesia and Thailand

Bell Flavors & Fragrances opens in Indonesia and Thailand

By Deanna Utroske

At the end of June, the personal care and fine fragrance ingredient supplier announced the opening of two new facilities in Asia. Bell has confidence that the additional presence in these countries and access to local market intelligence will enrich the...

Amorepacific loses patent case

Amorepacific loses patent case

By Natasha Spencer

The South Korean giant has lost its cushion compact patent in a three-year-long case against six K-beauty manufacturers.

Beiersdorf grows e-commerce presence in China

Beiersdorf grows e-commerce presence in China

By Natasha Spencer

German personal care company, Beiersdorf, enters into a strategic partnership with a leading online retail platform for imports in China, NetEase Kaola.

L'Oréal acquires Korean color cosmetics company Stylenanda, founded by Kim So-hee

L'Oréal acquires Korean color cosmetics company Stylenanda

By Deanna Utroske

The global K-Beauty movement has, until now, been premised largely on skin care. When this deal closes, the multinational beauty corporation will be in a position to bring Korean makeup to the world—thanks to Kim So-hee and the multimillion dollar brand...