Business & financial

Kosé cosmetics taking on North America

Kosé cosmetics taking on North America

By Lucy Whitehouse

Japan-based cosmetics player Kosé has made clear its intent to expand into the North American market, with its acquisition of a 93.5% stake in New York-based colour cosmetics and skin care brand Tarte.

New Delhi based Modi Revlon to take on L’Oreal

New Delhi based Modi Revlon to take on L’Oreal

By Michelle Yeomans

The Indian based subsidiary of Revlon is set to roll out a new brand of colour cosmetics that it has priced 60% cheaper than its existing range in a move to expand and compete with its rivals.

Innovation award for Ashland’s bio-engineered skin peptide

Innovation award for Ashland’s bio-engineered skin peptide

By Andrew MCDOUGALL

Personal care manufacturer Ashland Specialty Ingredients (ASI) has won the China Personal Care & Cosmetics Innovation Award 2014, recognising Actopontine biofunctional ingredient for its anti-aging properties and improving skin firmness and elasticity.

Givaudan enters fragrance collaboration with Xinhua in China

Givaudan enters fragrance collaboration with Xinhua in China

By Andrew MCDOUGALL

Swiss manufacturer Givaudan is aiming to further reach out to its customers in Asia-Pacific and meet their needs, having announced the signing of a joint venture with Zhejiang Xinhua Chemical for the production of fragrance ingredients in China. 

Shiseido all set to launch Za range in India

Shiseido all set to launch Za range in India

By Lucy Whitehouse

Japanese beauty giant Shiseido is set to go ahead with the launch of its skin care brand ‘Za’ in India next month, following the successful establishment of its Mumbai subsidiary last year.

BASF to build specialty amines plant in China

BASF to build specialty amines plant in China

By Katie Nichol

In a move that will further strengthen its global production network, German chemicals firm BASF announced it is to build a world-scale specialty amines plant at its existing site in Nanjing, China.

Unilever teams up with the University of Cambridge

Unilever teams up with the University of Cambridge

By Lucy Whitehouse

Global consumer goods manufacturer Unilever has partnered up with the University of Cambridge to further the university’s Sustainability Leadership programme (CPSL) with the recent launch of its first seminar in Asia.

India’s smaller businesses losing out

India’s smaller businesses losing out

By Lucy Whitehouse

India’s micro, small and medium enterprises may need to step it up with exports, as recent figures show that the country’s MSME exports are declining.

Nu Skin now facing lawsuit for shareholder losses

Nu Skin now facing lawsuit for shareholder losses

By Lucy Whitehouse

In the latest blow relating to its practices in China, beauty brand Nu Skin now faces a class action which seeks to recover damages for shareholders who have been hit by the on-going investigations into its alleged ‘illegal pyramid scheme’.

Estée Lauder striving to reset its presence in China

Estée Lauder striving to reset its presence in China

By Michelle Yeomans

Estée Lauder has hired former MD for Proximity Beijing, Alex Csergo, as its senior director of the Asia-Pacific region in an effort to ramp up its customer relationship management practices.

Avon still hopeful in Asia

Avon still hopeful in Asia

By Lucy Whitehouse

Avon has announced a shake-up of its Thailand approach, suggesting the beauty giant is seeking new avenues for boosting sales in Asia after its recent exit from South Korea and Vietnam.

Mary Kay further invests in China

Mary Kay further invests in China

In a move which counters that of some of its retreating rivals, US beauty brand Mary Kay is looking to establish itself further in China with the purchase of an office building in Shanghai.

China’s online market still ripe at home

China’s online market still ripe at home

By Lucy Whitehouse

VIPshop, a prominent Chinese flash sales site, has acquired a majority stake of cosmetics e-store Lefeng for $132.5 million, in an expansion which confirms that China’s e-commerce beauty market continues to strengthen.

Amway unveils plans for further expansion into Asia Pacific

Amway unveils plans for further expansion into Asia Pacific

By Simon Pitman

Having just announced strong financial results, direct sales cosmetics and nutritional products player Amway has revealed extensive investment plans that include significant expansion into the Asia Pacific region.

Estée Lauder sees slowdown in Asia

Estée Lauder sees slowdown in Asia

By Andrew MCDOUGALL

Cosmetics giant Estée Lauder has reported a sales slowdown in its second quarter in Asia, particularly in China and Hong Kong, along with weakness in Korea.

Dabur India posts strong personal care results

Dabur India posts strong personal care results

By Simon Pitman

Dabur India, one of the leading domestic providers of personal care in India, has reported a strong surge in third quarter on the back of strong oral care and toothpaste sales.

China authorities put Nu Skin under investigation

China authorities put Nu Skin under investigation

By Simon Pitman

China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.

Nu Skin comes under attack from China media

Nu Skin comes under attack from China media

By Simon Pitman

Direct sales giant Nu Skin has come under attack after a newspaper in China, one of its biggest market, accused the company of operating an illegal pyramid scheme to sell its products.

A look at why cosmetic brands are pulling out of China...

A look at why cosmetic brands are pulling out of China...

By Michelle Yeomans

After two major brands announced they were pulling out of the China to reduce costs this month, Cosmetics Design looks at what's happening in this once ‘lucrative’ market and if it’s likely to have a knock-on effect for the rest of the cosmetics industry...

Avon announces new APAC head

Avon announces new APAC head

Avon Products announces that Nilesh Patel is appointed as Senior Vice President and President, Asia Pacific Region, with aims of stabilizing the market and then growing the business.

L’Oréal pulls Garnier brand out of China

L’Oréal pulls Garnier brand out of China

By Andrew MCDOUGALL

L’Oréal announces its decision to pull its Garnier brand out of China stating that it will look to concentrate on other brands that are performing stronger in the region.

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