AmorePacific, a personal care giant with a strong foothold in Asia due to a firm marketing strategy and focused products, has announced it is splitting its' stock, to further boost the value of the brand.
L'Oréal Professional Products Division is rolling out its ‘Salon Emotion’ programme as it looks to reinvent the industry and support the development of hairdressing in France and Europe.
Chemicals company AkzoNobel is targeting the China market and looking to better serve its personal care customers there with a new alkoxylation facility in Ningbo bringing the company’s total investment in the strategic multi-site to more than €400 million...
Cyfuse Biomedical, a Japanese 3D printing developer has raised ¥1.4 billion ($11.8 million) for its work with producing human tissue, which has the potential for cosmetics firms testing out new products.
Although the brand is present in the Czech Republic and Slovakia, Missha is now concentrating its efforts on Western Europe, particularly Germany, where cosmetics account for the largest share of the European market.
In 2014, each consumer spent $145 on average, shopping online in Vietnam, with fashion and cosmetics accounting for 60 per cent of the country's $3b revenue.
As the Association of Southeast Asian Nations moves towards a unified 10-member state, measures are being put in place to reduce trade barriers, ease investment, and ensure the free flow of goods, services and skilled labour.
Japan's largest beauty community website, @cosme has invested in a Chinese-language service on e-commerce platform Tmall, as it tries to conquer the Chinese market.
Shiseido has teamed up with IBM to enhance its customer experience by providing nearly 10,000 beauty consultants in Japan with mobile apps designed to aid new customer services, customer-centric product improvements and social innovations.
According to beauty sampling brand Glossybox, after an expansion in Asia that nearly took the business under, the company has finally started to see a profit.
Sales this Chinese New Year aren't looking too lucrative for the world's largest prestige group, LVMH, which has been working harder then ever to attract Chinese tourists as luxury spending slowed down in Hong Kong.
Unlike the West, consumers in Asia have jumped directly into mobile platforms (WeChat, Line, Kakao Talk) that international players like Clarins are using to access and analyse customers behaviour and needs.
Beauty behemoth L’Oréal invested €50 million in its first factory at the heart of the Arab World, located near Cairo in the Pyramids Industrial Park of 10th of Ramadan, as it looks to meet the rising demand for products in the region.
Beiersdorf says it expects to see strong sales growth this year despite tough economic conditions, with company CEO Stefan Heidenreich stating that he is ‘cautiously optimistic’ for 2015.
Avon Products has posted another quarter of falling sales, but the performance in the Asia Pacific market outpaces the results posted in the company’s three other global regions.
L’Oréal UK & Ireland has spent the last few months working with the Generating Genius charity to give gifted A-Level science students from disadvantaged backgrounds the chance to see what it is like to work in the labs of the cosmetics giant.
Unilever has announced that it has reached its target of sending non-hazardous waste to landfill from its factories, and in the process avoided €200 million-worth of costs and created hundreds of jobs.
Nu Skin is continuing to feel the fall-out from its China sales ban earlier in the year, while fourth quarter results are further impacted by the trial offer launch for its TR90 in the same period for 2013.
Elizabeth Arden’s second quarter results fell more than 17% as it struggled against currency headwinds, challenges in the China market and celebrity fragrances that have lost their shine.
Oriflame has been battling sluggish European economies and operational issues in Russia, but a top executive believes that India is likely to help boost its fortunes in the future.
The Body Shop is looking to make further inroads in Australia having announced the deal to acquire the company operating The Body Shop Australia from Head Franchisee Graeme Wise the assets of Adidem Pty Limited, who has been operating it since 1983.
Phase I of Unilever’s facility in the company’s global manufacturing base in Meishan has been completed, which will mainly cater to China's western markets.
The company is reverting to its brand-guardian leadership structure, with design oversight for cosmetics and skin care for the IMEA region centralized in Geneva, Switzerland.
Healthcare brand, 'Venture Life' has signed a 30-year distribution deal with Shanghai based REC Cosmetics; the owner of 1,000 skin care retail chains across mainland China.
Unilever says that its performance in emerging markets, and specifically China, led to a decline in revenues for the current quarter, although profits were up for the Anglo-Dutch consumer giant.
China-based ingredients manufacturer Fenchem has announced its expansion into the South America market with the establishment of a new office in St. Pauls, Brazil.
Unilever has its new product launches to thank for its growth in Personal Care last year as the company as a whole saw profit grow despite a sales dip.
Benefit Cosmetics claims to be the first beauty brand in Australia to introduce advertising on Instagram, with the rollout of the first trial campaign.
Various Japanese cosmetic brands have been taking an aggressive marketing approach, opting for actors and entertainers as brand ambassadors to push their products across Asia.
A group of associated companies that specialise in agricultural investment projects have plans to further invest in the supply chain of oud and its source—the endangered Agarwood tree.
Beauty brand Missha has 'suspended business' at all of its outlets in Hong Kong. The drastic move comes as a surprise, as Korean cosmetics are in high demand of late.
Former Revlon chief scientific officer Alan Meyers has sued the brand, claiming he was fired after raising safety concerns that the chief executive did not want to hear, and was discriminated against for being Jewish.
France’s Competition Authority (Autorité de la concurrence) has issued a fine to 11 personal and home care companies, which includes L’Oréal, Unilever, and Beiersdorf, over allegations of a conspiracy to rig the prices of products such as shampoo.
The holidays are fast upon us, so let’s put ‘business’ to one side and get into the festive mood. To keep in the spirit of things, we’ve got a ‘gift’ for you – enjoy. Happy Holidays!
Various Korean cosmetics companies have been eyeing up the Islamic markets of late, however getting halal certification before they can target the 1.6 billion Muslim population has proved tricky for some.
International skin care player Nu Skin announced 2015 revenue forecasts below market expectations during its annual investor conference, but the company is continuing to expand in China.
A recent social media campaign for a store launch in Australia has thrust international beauty brand Sephora into the spotlight after a typo was failed to be spotted, changing the context of the message.
French skin care brand, L’Occitane en Provence has confirmed a deal with China's largest ecommerce retailer Alibaba, launching a digital retail platform on the popular Tmall site.
Investment in research and development by companies based in the EU grew by 2.6% in 2013, despite the unfavourable economic environment. However, this growth has slowed in comparison to the previous year's 6.8%.
L’Oreal has launched a collaborative book co-authored by 24 Indian dermatologists and 24 L’Oréal Research and Innovation (R&I) experts looking at hair and skin protection.
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