Japanese brand BRANCHIC says it is focused on meeting the “quick and intensive” skin care needs of mature consumers, while increasing its sales channels to beauty salons in the local market.
South Korea’s Ministry of Food and Drug Safety (MFDS) has announced a draft amendment to its cosmetic regulations to include Methoxypropylamino Cyclohexenylidene Ethoxyethylcyanoacetate (MCE) as an approved raw material for sunscreen products.
Italian brand Toiletpaper Beauty’s booming first foray into Asia has given its expansion plans a confidence boost, as it makes headway in broadening its product line-up to include fragrances and potentially colour cosmetics.
Shakeup Cosmetics has revealed its major expansion hopes after launching in 170 Boots brick-and-mortar stores with its hybrid skincare-colour cosmetics range.
The South Korea consumer goods company LG Household & Health Care is aiming to strengthen its luxury beauty brands as well as boost its overseas business as part of plans to drive growth.
South Korean brand Aromatica is focusing its efforts on strengthening its brand presence in the US market, where it is aiming to expand into the physical retail market.
Beiersdorf’s luxury brand La Prairie saw sales hampered in the first quarter (Q1) due to challenging market conditions in China caused by ongoing COVID-19 pain points.
K-beauty brand Dr. G is leveraging the international recognition of South Korea boy band SHINee to reinforce the brand’s presence overseas, starting with Japan and Vietnam.
L’Oréal’s CEO has expressed excitement over the prospect of acquiring Australian luxury brand Aesop, which he believes holds tremendous potential in Asia, and in particular, China.
Peptides are set to be the fastest growing active over the next five years driven by the explosion of supply and demand in China’s local beauty industry.
Japan-based KINS plans to make Singapore its global headquarters as it ventures regionally while building its R&D capabilities and skin data to develop products targeting Asian consumers.
Kao Corporation has developed a new type of no-rinse shampoo sheet that aims to fulfil different needs, including consumers with active lifestyles, caregivers, and those working in disaster relief.
Donkey milk has cosmetic potential for its ability to inhibit melanin synthesis, as well as skin barrier damage caused by UVB exposure, says a new study.
The Chinese consumers’ willingness to ditch their protective face masks will help to spur the growth of lip makeup more than other markets that relaxed mask mandates earlier.
NUME-Lab is seeing a market gap for skin care combining Swiss quality and halal certification, and has detailed expansion plans for Singapore, Malaysia, and Hong Kong.
China’s health and beauty sales decline hampered the overall retail growth of A.S. Watson Group (ASW), but the firm insists EBITDA of other regions have ‘fully compensated’ for China’s decline.
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Ultramarine blue pigment can fully replace black pigments in foundations and provide superior cosmetic benefits for North Asian complexions, suggests a new study by Japan-based L’Oréal researchers.
Shinsegae International is developing regenerative cosmetics using microalgae-derived exosome technology based on its joint research with Sungkyunkwan University (SKKU).
K-beauty retailer Olive Young is making inroads into the Middle East region with its in-house colour cosmetics brand and plans to launch more of its own brands this year.
Pola Orbis Group will discontinue Amplitude and ITRIM this year as part of plans to enhance its brand portfolio and improve the firm’s overall profitability.
L’Oréal’s chief is eyeing increased penetration in China’s tier-three and four cities, which he believes can help the French beauty major double its customer base and drive more growth in this lucrative market.
K-beauty players are calling for a reform of South Korea’s functional cosmetics review and reporting system to foster innovation and make the domestic cosmetic industry more competitive on the global stage.
Shinsegae International has observed that economic fears are not deterring consumers from purchasing luxury niche fragrances, believing they have replaced lipstick as the new recession-proof commodity.
Japanese cosmetics firm Kosé is aiming to increase sales in China by 10%, believing consumer consumption will bounce back with the lift of COVID-19 restrictions.
Japanese beauty brand ORBIS is aiming to develop its skin care line and release products designed for men in their 40s as the demographic is ‘growing significantly’.
Beauty major Coty is aiming to grow its skin care business in China on the back of premiumisation and ‘healthification’ trends it has observed in the market.
Japanese beauty major Shiseido will start to prioritise strategic investments in three key areas – brands, innovation and people – to drive revenue growth, according to its CEO.
South Korean beauty retailer Olive Young has reported that 19 small and medium-sized beauty brands exceeded KRW10bn (USD7.9m) in annual sales for the first time in 2022.
Neo-traditions and mindfulness are trends that will lead beauty brand collaborations, according to the head of an art and design agency specialising in such creative marketing projects.
Kosé Corporation has developed a makeup simulation system that replicates the colour and texture of makeup on the skin in a more realistic way that augmented reality (AR) cannot, the firm claims.
Decorté Cosmetics is set to extend its bestselling Liposome skin care range with a new eye serum to reinforce its presence in the high-end beauty market.
Hourglass Cosmetics has experienced a year-on-year growth of 109% in South Korea after it scrapped its face mask mandate for most indoor public places.
Estée Lauder Companies president and CEO Fabrizio Freda has pegged skin care, fragrance, and luxury hair care as key drivers of growth in China as it moves away from last year’s COVID-19 troubles.
Sa Sa’s CEO says the easing of social distancing measures in Hong Kong has improved consumer sentiment and consequently improved sales despite now having fewer storefronts.
South Korean major LG Household & Health Care (LG H&H) has attributed the 27.7% sales decline of its beauty business mainly to the disruptions brought about by Beijing’s zero-COIVD policy.
Hong Kong-listed L’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022 due to challenges related to COVID-19 in China and Japan.
Oil extracted from Korean red ginseng byproduct offers promise in the development of active topicals targeting skin and hair health, alongside wider ingestible formulas, say researchers.