The pharmacy chain announced last week that the ecommerce site beauty.com will be shut down in the coming months. It’s a move to keep cosmetics and personal care consumers loyal to the Walgreens brand.
Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.
The Anglo-Dutch consumer goods giant has expanded its footprint in the men’s grooming space with the acquisition of Dollar Shave Club, one of the fastest growing personal care businesses in North America.
Walgreens Boots Alliance, pharmacy-led health and beauty player, has entered into a franchise partnership that will see it enter South Korea through the country’s number one hypermarket retailer.
The world’s biggest cosmetics company has confirmed that it is going ahead with the acquisition of a tiny France-based skin player with a very long name.
With tension between Hong Kong and mainland China currently high, the island’s popularity as a shopping hotspot has been dropping among mainland consumers; some beauty brands are now making moves to address the fall.
The Texas beauty company will open corporate offices in Seoul later this summer in the same building, where early this week, its TIGI cosmetics and hair care flagship store opened for business.
LVMH Moet Hennessy Louis Vuitton is taking the plunge into the innovative and fast-growing South Korean cosmetics industry by investing $50m (€45m) in CLIO Co.
With the market enjoying growing popularity abroad, particularly across the rest of Asia, South Korea’s government has said it wants to triple its cosmetics exports by 2018.
Alpecin, a leading male hair care brand from Germany that claims to fight hair loss, is set to enter the China market through a distribution deal with DKSH.
LG Household’s luxury skin care brand SU:M37 has invested in a flagship store in China after seeing success with the country’s tourists in local Korean duty free stores.
Officials from China’s Ministry of Commerce have been gathering insight into supply chain efficiency during a tour of various major manufacturers in Europe, including L’Oréal and P&G.
Korean beauty giant Cosmax has announced a new partnership that it claims will boost its bio-health and cosmetics offering, and contribute to its global growth strategy.
India’s strong consumer enthusiasm for its traditional wellness system, Ayurveda, has seen brands tapping into the naturals trend to profit: L’Oréal’s new Garnier launch is the latest.
According to a new study by Cosmetics Europe, the contribution of the cosmetics industry to the socio-economic landscape throughout Europe is wide-reaching and has significant impact.
As the EU Referendum draws closer, many UK small and medium-sized cosmetics company owners are still unclear as to how leaving or staying in the EU will affect their businesses.
In cancelling a pop concert in the face of media and consumer pressure from China, it seems Lancôme failed to account for the global visibility of marketing moves in today’s business landscape.
Lancome has found itself in the middle of a wave of global scrutiny for its decision to cancel a promotional music concert in Hong Kong, apparently as a result of political pressure from mainland China, and has now taken the step of shutting several of...
Shiseido is buying Gurwitch Products (the holding company of those two makeup brands), and the deal is expected to bring the Japan-based cosmetics company closer to its ambitious 2020 sales goal of 1 trillion yen.
South Korean beauty brand Missha has rolled out its ‘Line Friends’ range across 12 countries in Asia, in a move that suggests the brand is looking to strengthen again following a dip last year.
After bidding from several prominent global beauty and hair care companies, Vogue will be sold to Johnson & Johnson for just over $3bn in cash, according to an announcement that company made late last week.
Consumer goods multinational P&G has been stabilising its performance in India, enjoying double digit growth across both its Hygiene and Healthcare and its Gillette portfolios in recent months.
John Masters Organics (JMO), luxury beauty and personal care brand, and Styla, its Japan and East Asia distributor, have been acquired by global equity firm Permira.
Althea, a Korean company which launched last year, has been making waves in Southeast Asia beauty, and has just secured a reported USD 3.5 million in funding to further its expansion.
Uniasia Cosmetics, a leading player among China's cosmetics giants (described as the country's third-largest retailer), has made a decisive move into the Australian market.
It’s all about organic beauty these days, and UK investment firm Permira is buying into the trend, having acquired a majority stake in John Masters Organics (JMO).
TonyMoly, a fast-growing Korean beauty brand, has announced its intention to be among the leaders of the rapid global growth of K-beauty, seeking to reach sales of 2 trillion won (USD 1.6 bn) by 2025.
Emami, a major domestic personal care player in India, has announced a further addition to its ever-expanding portfolio with the launch of a new range of deodorants.
United Arab Emirates cosmetics firms are reportedly eyeing up expansion into Asia, with moving into the region proving a hot topic at this week’s Beautyworld Middle East event.
Shanghai Jahwa, a leading Chinese cosmetics group, has agreed the acquisition of British baby bottle brand Tommee Tippee, in a move which will enable the beauty player to respond to the expected rise in demand for baby items.
Korean beauty giant AmorePacific has record an operating profit of 30.7% for the first quarter, thanks to sales growth both domestically and abroad, according to the company.
Whoo cosmetics, a leading brand among Korean LG Household’s offering, is enjoying rapid growth, contributing to its parent brand enjoying net sales of W1.5 trillion so far this year.
Global beauty retailer Shiseido is pushing ahead with its new entity, Shiseido Travel Retail, with an ambitious sales target of 18.5 billion Yen/USD 169.6 million for this financial year.
Australia is set to trial a new visa a process for incoming tourists from China, in a bid to further bolster the rising tide of Chinese consumers now visiting the country.
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