Business & financial

CPL Aromas extends its footprint into India

CPL Aromas extends its footprint into India

Fine fragrance and personal care ingredients player CPL Aromas is once again extending its reach in the global fragrance market with the opening of a brand new, bigger operation in Mumbai, India.

Amway to open new innovation centre in South Korea

Amway to open new innovation centre in South Korea

By Simon Pitman

Direct sales player Amway says it is targeting the massive market growth and huge potential for further growth with the opening of a dedicated innovation centre in the country.

L’Oréal targets China growth with $843m bid for skin care firm

L’Oréal targets China growth with $843m bid for skin care firm

By Andrew MCDOUGALL

Cosmetics giant L’Oréal has offered to buy Chinese skin care company Magic Holdings International for HK$6.5bn ($843m) in cash said in a joint statement, as the French firm looks to take advantage of the growing luxury market in China; where sales growth...

L’Oreal appoints new India MD

L’Oreal appoints new India MD

By Chris BARKER

Cosmetics giant L’Oreal has announced that Jean-Christophe Letellier has been appointed as managing director of its India operations.

Bobbi Brown open ups first retail outlet in India

Bobbi Brown open ups first retail outlet in India

By Simon Pitman

Renowned colour cosmetics brand Bobbi Brown has opened up its first retail store in New Delhi, India, as part of plans to expand further into in this fast growing market.

Wacker focuses in on Asian region with further investment

Wacker focuses in on Asian region with further investment

By Michelle Yeomans

Wacker Silicones, a division of the Germany based chemicals company has invested in five new business teams to support sales in the region as it continues towards its goal to strengthen its presence in Asia.

L’Oreal’s second quarter continues strong growth path

L’Oreal’s second quarter continues strong growth path

By Simon Pitman

The world’s biggest cosmetics company, L’Oreal, has recorded continued growth at well above market average rates for its second quarter and first half financial results, although southern European revenues decline.

Shiseido goes back to its roots with new HQ in Ginza district

Shiseido goes back to its roots with new HQ in Ginza district

By Andrew MCDOUGALL

Japanese cosmetics maker Shiseido has opened a new head office building in Tokyo to consolidate and streamline the company’s operations and enhance productivity, as well as becoming its hub for ‘new value creation’.

Unilever opens €44m ($56m) Singapore leadership centre

Unilever opens €44m ($56m) Singapore leadership centre

By Michelle Yeomans

The global personal care giant has invested €44 million ($56 million) in the first state of the art training facility outside of the UK as it strives to further invest in Asia, which accounted for more than 55 per cent of the firm’s global revenues in...

Clarins builds momentum in China thanks to commerce site

Clarins builds momentum in China thanks to commerce site

By Michelle Yeomans

According to the luxury skin care group, since the launch of its China-specific commerce site back in September, initial sales in the country have exceeded expectations, reaching double-digit growth in the first half of the year alone.

Euromonitor: P&G-Beiersdorf deal would complement both parties

Euromonitor: P&G-Beiersdorf deal would complement both parties

By Andrew MCDOUGALL

Market analyst Euromonitor believes that if Procter and Gamble and Beiersdorf were to strike a deal it would benefit both parties as the former’s skin care would receive a boost, and the latter would become more competitive.

Korea, star of the global men’s skin care market

Korea, star of the global men’s skin care market

South Korea is now the world’s biggest market for men’s skin care, underlining the enormous up take in men’s grooming products in this small country, latest research from Euromonitor reveals.

Paras pharma brothers back in business as they return to personal care

Paras pharma brothers back in business as they return to personal care

By Michelle Yeomans

The brothers of Indian firm, Paras Pharmaceuticals are making their way back into the personal care sector with their own cosmetic brands which experts believe will be fierce competition for the consumer goods company, Marico who bought out the brothers...

How L’Oréal evaluates its suppliers to stay ahead of the game

How L’Oréal evaluates its suppliers to stay ahead of the game

By Andrew MCDOUGALL

Being one of the biggest cosmetics companies in the world will always bring added pressure and scrutiny over everything it does, and for L’Oréal this means ensuring long-term, transparent relationships with high-quality suppliers.

Coty IPO set to raise a further $1 billion for the war chest

Coty IPO set to raise a further $1 billion for the war chest

By Simon Pitman

The fragrance and cosmetics giant has announced an Initial Public Offering that is set raise more than $1 billion, setting in place funds that could be used to spell out the next step in the company’s ambitions to expand.

DKSH offers regulatory services to Rovithai in Thailand

DKSH offers regulatory services to Rovithai in Thailand

By Michelle Yeomans

The market expansion services provider has signed an agreement to provide regulatory services to Rovithai Limited, a subsidiary of DSM Nutritional Products, vitamins and other ingredients to the personal care industry in Thailand.

L’Oréal expansion in Sub-Saharan Africa another ‘good move’

L’Oréal expansion in Sub-Saharan Africa another ‘good move’

By Andrew MCDOUGALL

When you are one of the leading cosmetics companies in the world you cannot rest on your laurels. Despite performing ahead of the market and expanding its operations to compete in Asia-Pacific and Central and Latin America, L’Oréal has also turned its...

Boots boosted by US sales, eyes further expansion in Asia

Boots boosted by US sales, eyes further expansion in Asia

By Simon Pitman

Boots Alliance says that sales of its No 7 Protect and Perfect brand in the United States has given a significant boost to help drive a successful quarter for the retailer and beauty provider, while it is also testing out expansion into the Asia market.

Amway invests a further $20m in Vietnam site

Amway invests a further $20m in Vietnam site

By Andrew MCDOUGALL

Direct seller Amway has continued to flex its financial muscle and invest further in manufacturing and R&D by injecting a further $20 million to build its second manufacturing site in Vietnam.

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