Teaology has launched in Singapore where it believes it can offer premium beauty consumers a differentiated proposition in the form of its innovative tea-infused products and certifications.
Luxury brand Molton Brown has bolstered its omnichannel capabilities and is targeting untapped markets in Asia as it moves to capitalise on emerging opportunities.
Amorepacific is set to launch its derma beauty brand Aestura in Vietnam and Thailand this year as it works to boost the brand’s international presence.
China’s beauty brands are increasingly competing with the global giants in the country’s mass segment, but the trend is not yet being seen in the prestige category, according to Coty.
The recently completed transaction is a ‘strong cultural fit’ for both companies and will help Shiseido strengthen its portfolio to ‘further accelerate growth and increase profitability in the Americas region.’
Singapore firm Derma Lab is focusing on the sensitive skin market, aiming for growth by targeting eczema and sun care, as the demand for ‘doctor-led’ skin care solutions continues to rise.
Japanese personal care major Kao Corporation set to push its skin protection business with the global rollout of sun care and novel innovations such as ‘next-generation’ body sheets.
Shiseido is focused on reinforcing its strength in skin care while seeking out opportunities in previously unexplored areas after sales and profits dipped in the last year.
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Consumer goods giant Procter & Gamble’s (P&G) latest consumer research suggests Japanese beauty brand SK-II woes in China are temporary, leading the firm to believe it will recover in the second half.
Europe’s eager young consumer base and relatively low K-beauty penetration represents significant growth potential for Able C&C’s flagship beauty brand, Missha, says the firm.
Chinese luxury brand Documents has all the elements in place to stake its position on the international stage but needs a partner that can help them achieve this goal.
With a focus on authenticity and strong social media presence to drive growth, celeb beauty brands are setting the stage for success in the beauty industry in 2024.
LG Household and Health Care (LGH&H) has laid out plans to reinforce its competitiveness in 2024 after seeing a significant profit slump in the last year.
CJ Olive Young has collaborated with the Industrial Bank of Korea (IBK) to establish a KRW100bn (USD74.3m) fund to support the growth of small and medium-sized (SME) beauty companies.
Amorepacific’s latest full-year results show that growth across multiple markets including the US were not enough to offset the slump in China, leaving its overseas business unit in the red
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Several Korean indie beauty brands recently announced their overseas expansion activities, with collaboration with distributors and entry into new high-potential markets being their key strategies.
Unilever’s Indian subsidiary anticipates exponential growth in beauty touting its robust portfolio of brands that will include mass, premium, and prestige brands.
Shiseido’s decision to add cosmeceutical brand Dr. Dennis Gross to its portfolio could have been influenced by the increasing ‘medicalisation’ of beauty, says one analyst.
A consortium of 15 cosmetics companies have joined together to create the TRaceability Alliance for Sustainable CosmEtics (TRASCE), to enhance traceability in major ingredient and packaging supply chains across the beauty and personal care industry.
South Korea’s LG Household & Health Care is planning to debut its luxury beauty brand The Whoo in the US this year as part of its “growth transformation” plans, says its CEO.
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L'Oréal's venture capital fund BOLD has just invested in Timeline, a Swiss biotech that specialises in longevity in the beauty and health sectors, as the focus on longevity grows in the beauty industry.
Beauty retail chain Sa Sa reports that online sales in Hong Kong and Macau fell by 5.6% while offline sales grew by 44.3%, signalling the firm to advance its brick-and-mortar expansion.
The luxury skin care brand’s sale provides insight into current trends in the industry space, including a shifting consumer mindset and changes in packaging and labeling, says industry expert Chris Bustamante.
Baseball star Shohei Ohtani’s endorsement of Japanese skin care brand Cosme Decorté’s Liposome series has garnered the brand more interest from men, according to new consumer insights.
South Korea-based APR Corp says its beauty device technology is the key driving force behind the company’s accelerated expansion into overseas markets, amid growing demand for cost-effective devices.
The newly founded limited liability company will focus on companies in the beauty wellness space focused on ‘novel technologies, innovative platforms, high-growth brands, and new business models.’
The $250 million acquisition will strengthen Samyang Group's personal care product ingredient manufacturing portfolio and support global market expansion efforts.
Croda says its latest state-of-the-art pastillator in Singapore aims to address the rising global demand for sustainable pastille-formats and align with beauty brands that are prioritising carbon footprint reduction.
Beauty retailer Sa Sa International has detailed how it intends to boost its presence in Singapore and Malaysia with expansion initiatives in order to foster growth in South East Asia.
South Korean conglomerate Shinsegae International is accelerating the expansion of its imported cosmetics business by striking various exclusive distribution deals for popular overseas brands and those with high growth potential.
The Dutch/Swiss ingredients company joined forces with colour trends/design company PANTONE to launch new scent: Peach Fuzz Eau de Parfum and a scented candle.
South Korean beauty retailer Shinsegae has attributed the success of brands such as Oribe, Hourglass and YUNJAC to the presence of a strong hero product to drive sales.
South Korean major LG Household & Health Care (LG H&H) is seizing opportunities to expand makeup brands Glint, Freshian, and VDL on the back of Japan’s growing interest in K-beauty.
Oral care brand Piuma Care is seeking opportunities to redefine the oral care landscape by combining science and design with its active bristle technology.
Swiss-Dutch multinational DSM-Firmenich believes its latest merger holds the potential to cultivate more impactful and emotionally resonant solutions for consumers in the cosmetic industry.
The French multinational has acquired Danish research company Lactobio, which is a leader in precision probiotics, in a bid to strengthen its leadership in microbiome research to explore new areas of cosmetic innovation.
Lucas Meyer Cosmetics has the potential to strengthen its position in Asia on the back of Clariant’s strong ‘footprint’ in the region, says the Swiss ingredients firm.
Japanese cosmetic companies Shiseido, Kosé, and Pola Orbis have reported negative growth in China due to the impact of Japan’s decision to release treated radioactive water from Fukushima.