East Asia

Cosmetics sales boost LG H&H figures despite China volatility

Cosmetics sales boost LG H&H figures despite China volatility

By Amanda Lim

South Korea’s LG Household & Health Care has delivered its best quarterly performance with help from its cosmetics division which recorded strong double-digit growth, despite market volatility due to falling numbers of Chinese tourists.

Avon Products sells its manufacturing business in China to TheFaceShop

Avon Products sells its manufacturing business in China to TheFaceShop

By Deanna Utroske

This week the global beauty company announced having reached an agreement with TheFaceShop, a subsidiary of LG Household & Health Care Ltd, to sell is China-based manufacturing operation. And while Avon will profit financially from the sale, initially...

Marine Bio prepares to launch astaxanthin-rich sea grass mask

Marine Bio prepares to launch astaxanthin-rich sea grass mask

By Deanna Utroske

The company, with tech and product development roots in South Korea, and offices in Washington DC, just started a crowdfunding campaign for its Marine Bio Mask Packs, formulated with red algae and spirulina, and using a next-generation mask material that...

Color cosmetics maker Tokiwa Corp. sets up manufacturing in US, making Japanese makeup

Color cosmetics maker Tokiwa Corp. sets up manufacturing in US

By Deanna Utroske

Late last year, the contract manufacturer announced plans to renovate, equip, and open a first US facility to manufacture Japanese color products in the States. Tokiwa is investing over $30 million dollars in the New Jersey manufacturing site, which is...

Avon is launching a K Beauty collection in Russia and Europe

Avon is launching a K Beauty collection

By Deanna Utroske

In partnership with the Korea-based beauty platform management company Bonne, Avon has developed a K Beauty product line. It’s an example of the direct sales beauty maker’s strategic decision to work with more industry partners and cater to regional market...