Business & financial

AEC formation to boost Thai cosmetics popularity in South East Asia

AEC formation to boost Thai cosmetics popularity in South East Asia

By Michelle Yeomans

Thailand's cosmetics, reported to have already gained popularity in Vietnam due to their high quality at low prices, will see more opportunity to expand in Southeast Asia, thanks to the formation of the ASEAN Economic Community at the end of the...

AmorePacific looks beyond Asia for business growth

AmorePacific looks beyond Asia for business growth

By Michelle Yeomans

Cosmetics giant AmorePacific is looking to expand its business beyond Asia in new regions like the Middle East and Latin America with five of its popular brands - Sulwhasoo, Laneige, Mamonde, Innisfree and Etude House.

BASF expects strategy to grow despite challenging environment

BASF expects strategy to grow despite challenging environment

By Andrew MCDOUGALL

Chemicals company BASF says that it expects its 'We create chemistry' strategy to grow and make the company more profitable, despite a challenging environment, according to its chairman of the Board of Executive Directors.

AkzoNobel furthers South East Asia investment in Vietnam

AkzoNobel furthers South East Asia investment in Vietnam

By Michelle Yeomans

AkzoNobel is investing in its performance coatings business in Vietnam, aiming to increase its workforce by 20 per cent to cater to customers in Southeast Asia, India, Australia and New Zealand.

Beauty brands send too many emails!

Beauty brands send too many emails!

By Deanna Utroske

One marketing services company has new data on open rates and send volumes that could help beauty brands adjust their consumer email strategies to greater effect.

Beauty e-tailer JD.com plows ahead with strengthening its Asia reach

Beauty e-tailer JD.com plows ahead with strengthening its Asia reach

By Michelle Yeomans

It's full steam ahead for China e-tailer JD.com which has invested in a Hong Kong base to engage more with brands and retailers across Asia, and to make it easier, and quicker for international merchants to ship directly to consumers in China.

Shiseido’s Social Business Model in Bangladesh recognised by the UN

Shiseido’s Social Business Model in Bangladesh recognised by the UN

By Andrew MCDOUGALL

The United Nations Development Programme (UNDP) has recognised cosmetics maker Shiseido’s Social Business Model, whereby it seeks to improve social status and lifestyle of rural women by skin care products, as ‘Business Call to Action’ (BCtA).

Amore Pacific mulls entering the Colombia market

Amore Pacific mulls entering the Colombia market

By Simon Pitman

As part of moves to expand its market reach beyond Asia, Amore Pacific executives are on a mission to gauge whether Colombia will be one of the next new markets it opens up in.

Kao and AkzoNobel named sustainability leaders by Dow Jones

Kao and AkzoNobel named sustainability leaders by Dow Jones

By Andrew MCDOUGALL

Kao has been named as the 2015 industry group leader in the Household & Personal Products  category of the 2015 Dow Jones Sustainability World Index (DJSI) for the second consecutive year; while ingredient supplier AkzoNobel was recognised as the...

Burberry sees success in China with 'beauty box' concept

Burberry sees success in China with 'beauty box' concept

By Michelle Yeomans

International luxury fashion house and beauty brand, Burberry has opened its third 'beauty box' in China - a concept that offers personalised and digital experiences in colour cosmetics, skin care, nail care and fragrances. 

A look at why coconut is trumping palm oil in the Philippines

A look at why coconut is trumping palm oil in the Philippines

By Michelle Yeomans

Despite the obvious sustainable benefits of coconut oil over palm, a politician has accused the Philippines government that the latter should be given an equal footing as coconut shows 'little growth' due to pests and calamities.

Next Top Model catapultes 'Works with Water' into Asia

Next Top Model catapultes 'Works with Water' into Asia

By Michelle Yeomans

Having secured a strong following of Chinese consumers in the UK, supplement supplier 'Works with Water' Nutraceuticals has been selected to sponsor the fifth series of TV show China's Next Top Model.

Beiersdorf posts positive results despite Western Europe dip

Beiersdorf posts positive results despite Western Europe dip

By Andrew MCDOUGALL

Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after business slowed in the first half of the year in the Western...

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

By Andrew MCDOUGALL

It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor...