Business & financial

Southeast Asia's on the cusp of an 'e-commerce golden age'

Southeast Asia's on the cusp of an 'e-commerce golden age'

With a population of 600 million, Southeast Asia is brimming with opportunity in the area of e-commerce where beauty players are set to really benefit if they are willing to establish themselves online, outside of the giant e-retail platforms.

'Baring Asia' snaps up HCP Packaging

'Baring Asia' snaps up HCP Packaging

Supplier, HCP Packaging has been acquired by Baring Asia for $775 million following major advancements in areas like injection, coating, metallisation, printing, final assembly and quality lab/testing facilities in 2015.

P&G to better cater to South Asia with Telangana hub

P&G to better cater to South Asia with Telangana hub

By Michelle Yeomans

Proctor & Gamble India is the latest cosmetics giant scrambling to better cater to South East Asia, with a center in Telangana that will focus on the home, beauty, baby and feminine care segments. 

Croda invests in Alkoxylation plant in Singapore

Croda invests in Alkoxylation plant in Singapore

Speciality chemical ingredients manufacturer, Croda has expanded its alkoxylation facilities on Jurong Island as it strives to "provide innovative solutions closer to customers in the fast growing markets of Asia Pacific".

L’Oréal CEO says Q3 slowdown in Asia is 'temporary'

L’Oréal CEO says Q3 slowdown in Asia is 'temporary'

By Michelle Yeomans

According to L’Oréal CEO Jean-Paul Agon; 'despite a global context that is still volatile’ the company remains confident in its third quarter results despite them revealing a slowdown for L’Oréal Luxe in Asia.

Dixie to bring 'marijuana infused' personal care to Australia

Dixie to bring 'marijuana infused' personal care to Australia

By Michelle Yeomans

Following Australia's announcement that it will allow 'safe access' to medicinal cannabis for suffering patients for the first time, US based Dixie is on track to introduce its marijuana infused cosmetics range to the country in 2016.

Coptis cosmetic R&D software sees surge in demand from Asia’s labs

Coptis cosmetic R&D software sees surge in demand from Asia’s labs

By Michelle Yeomans

The rise of software that helps cosmetics developers to check the efficacy and safety of ingredients in a more accessible way is seeing Coptis gain traction in Asia as formulators on the region strive to adhere to global regulatory compliance.

Evonik ups silica production with new facility in Japan

Evonik ups silica production with new facility in Japan

By Deanna Utroske

The Ako plant marks an increase in Evonik's capacity in Asia. And, this is just the latest expansion of the company’s global silica capacity; plans are underway for new manufacturing sites in the Americas.

So Coty, why London? CFO gives the relocation reasons…

So Coty, why London? CFO gives the relocation reasons…

By Andrew MCDOUGALL

Coty is relocating its headquarters to London to ensure it is not in the same location as any divisional management offices empowering the business, and also to attract talent to the base, particularly with a new Growth and Digital department being launched.

Shiseido's set to roll out a new branding campaign

Shiseido's set to roll out a new branding campaign

By Lucy Whitehouse

Shiseido's recently appointed creative director has unveiled plans to revamp the brand's global image from the start of 2016, including the featuring of various celebrity endorsers, among which are the models Amanda Seyfried, Imaan Hamman, and...

Amway invests in China based botanical research center

Amway invests in China based botanical research center

By Michelle Yeomans

Amway has invested $13 million in a botanical research center in Wuxi, China where its researchers will study traditional Chinese medicine plants for health and beauty products to come.  

L’Oréal COO seeks new pastures following India success

L’Oréal COO seeks new pastures following India success

By Michelle Yeomans

After playing an instrumental part in launching the likes of Garnier and L’Oréal Paris Excellence crème in India, Dinesh Dayal has hung up his hat as chief operating officer to start his own advisory company.

Alibaba ramps up efforts to avoid US counterfeit blacklist

Alibaba ramps up efforts to avoid US counterfeit blacklist

By Michelle Yeomans

Major Chinese e-commerce player, Alibaba has written to the US government urging it to not include Taobao and its other trading platforms on a list of 'Notorious Markets' after it was suspected of selling counterfeit goods on its website.

L’Oréal expands Dermacenter concept in Asia

L’Oréal expands Dermacenter concept in Asia

By Michelle Yeomans

As it looks to capitalize on its ‘sixth continent’, L’Oréal is expanding its Dermacenter concept in travel-retail Asia, which features in store services like a 'Healthy Skin Check-Up' - a tool that can diagnose personalized skin care treatments on...