L’Occitane International has reported that Asia Pacific grew by 1.9% at constant rates in the first half (H1), led by Hong Kong, Australia, and Malaysia, helping to offset the second consecutive quarter of double-digit declines for China.
Contract manufacturer Voyant has launched a new division intended to identify the most promising indie brands and partner with them up until acquisition.
Sa Sa Malaysia has recovered to 77.4% of pre-pandemic levels, reflecting the positive impact of the relaxation of pandemic measures that came into effect across the country in April.
The double whammy of lockdowns hitting offline sales in China and tighter government regulations on e-commerce influencers stifling online sales are continuing to hit the beauty trade in the country, according to Korean powerhouse LG H&H.
More than 30,000 sq m of dedicated cosmetics and perfumes space, featuring brands such as Shiseido, Dior and Estée Lauder, has been officially unveiled at the world’s largest duty free complex in Hainan, China
K-beauty major Amorepacific is extending its partnership with Japanese retail and media company istyle by launching Innisfree at the @cosme TOKYO flagship store this month.
French-headquartered venture capital firm Seventure Partners plans to unlock a third wave of microbiome innovation funds next year, aiming to invest €300 million in more than 20 cutting-edge companies, its CEO says.
Indian consumer goods giant Hindustan Unilever (HUL) is seeing the colour cosmetics category steadily recovering to 2019 pre-pandemic levels as India loosens COVID-19 restrictions.
P’URE Papayacare is set to launch its baby care range in China next year after gaining regulatory approval, as its parent company – Australian manufacturer G&M Cosmetics – doubles down on Asia expansion.
International beauty major L’Oréal has reported a worldwide surge in sales for the third quarter (Q3) of 2022, capturing growth across all divisions but especially active cosmetics, despite inflationary pressures in many countries.
Skin care brand Meeth is furthering its global ambitions by making entry into Spain, where it believes it can excite beauty consumers with its novel Japanese products.
Unilever-owned Dove has unveiled a global campaign designed to drive diversity in virtual beauty, collaborating with game developers and a gaming charity to catalyse change and improve female representation in the gaming world.
Beauty retail major Sephora is set to absorb prestige beauty e-commerce player Feelunique’s domain this week, kickstarting the start of its wider UK market re-entry plans.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight L’Oreal’s acquisition of Documents, Cathy Doll’s premiumisation plans and more.
The beauty and personal care industry must today respond to converging global crises and ensure ethical integrity in every part of the value chain to protect the future of the planet, people and business, says British environmentalist Sir Jonathon Porritt.
Singapore-based oral care brand Pearlie White set to focus on expanding into Central Asia after recently obtaining halal certification for its products and manufacturing facility.
A newly established New Zealand-based brand that uses deer placenta is hoping to break into the South East Asian market, where it believes its science-backed premium products will thrive in beauty salon and clinic channels.
The addition of a high-end homegrown C-beauty brand with a Gen Z following to its portfolio is precisely what L’Oréal needs to stay at the top of its game in the Asian market, says a leading market expert.
SuperOrdinary paved its way in beauty helping US brands move into the Chinese market, and as Honest Co begins that journey lessons can be learned by the industry.
South Korean cosmetic companies Amorepacific and LG Household & Healthcare (LG H&H) are turning their gaze westwards to the US for new opportunities as growth prospects in China dampen.
International beauty major The Estée Lauder Companies and French luxury fashion house Balmain have entered into a license agreement to collaboratively develop and launch an inclusive prestige beauty line next year.
L’Oréal announced the acquisition of physician-dispensed brand Skinbetter Science, which will become part of the multinational’s Active Cosmetics Division.
Australian skin care brand Enbacci’s international expansion plans will focus on building offline channels that can deliver a luxury experience for consumers.
Rising demand for sustainable packaging and localisation are the two key drivers behind Toly’s decision to expand in Korea with a new manufacturing facility - it's third since the company entered the market in the mid-2000s.
Calcium carbonate producer Omya is aiming to expand its business into skin care and colour cosmetics and has identified Asia Pacific’s recovering make-up market as a key target.
Spanish luxury beauty and perfume major Puig has announced the acquisition of Kama Ayurveda – a move set to strengthen its Indian footprint and drive presence in the Western wellbeing market, an expert says.
Japanese retail and media conglomerate istyle Inc is aiming to boost the fortunes of Japanese beauty brands in China with a new @cosme duty-free store at the new Haikou International Duty Free City.
The relaunch of Orbis’ flagship U series has exceeded initial sales expectations and is expected to reach its first-year sales target of JPY2.5bn (USD17.6m), claims the firm.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the business updates from Estée Lauder, Kao, Shiseido and more.
Singapore-based nutraceuticals and personal care company Herbal Pharm is set to launch a new hair care range this year to tap into the demand for natural yet efficacious products for common concerns such as hair loss and greying hair.
Japanese cosmetics company Kosé Corporation intends to strengthen its line-up of make-up in the high-prestige beauty segment to capitalise on the post-pandemic make-up recovery.
Indian cosmetics e-commerce company Nykaa is making “baby steps” onto the international stage by pushing its portfolio of beauty brands into markets including Mauritius, United Arab Emirates, US.
The UK’s second-biggest health and beauty retailer Superdrug is defying the cost-of-living crisis and upping its game in premium beauty brands as it broadens its offer beyond its lower price point core.
Chinese cosmetics firm Yatsen is shifting investment focus from marketing to research and development in the second half of 2022 in order to drive future long-term growth.
Chinese cosmetics company Yatsen Holdings will close more underperforming Perfect Diary brick-and-mortar stores considering the worsening retail environment in China.
Chinese beauty consumers are zeroing in on the efficacy and functionality of luxury skin care products in the wake of repeated lockdowns and the threat of unemployment, says the CEO of Shiseido China.
Hainan Island’s reputation as the “go-to beauty destination” makes it the ideal place to introduce Takami, the newest “jewel” in L’Oréal’s high-end skin care portfolio, claims the firm.
Singaporean niche fragrance label Scent by SIX is set to make its debut at New York City retailer Showfields later this year as it looks to break into the US market.
South Korean sustainable packaging start-up Innerbottle is working to replace its current silicone inserts with a new thermoplastic elastomer (TPE) it has developed called TPX, which will make it easier to recycle.
The Estée Lauder Companies has put in place a six-month plan to recover the market share it has lost in China due to the COVID-19 pandemic disruptions that occurred in the first half of 2022.
Irish indie brand Spotlight Oral Care is continuing to expand across Europe and the US and wants to focus future new product development on bridging the oral health and beauty gap.