Showa Denko targets growth in Asia Pacific ingredients market
Japanese conglomerate Showa Denko is targeting growth in its personal care division through further expansion into the China market and other countries in the Asia Pacific region.
Archives for February 26, 2014
Wacker launches new hair care ingredient dedicated to the China market
Silicone-based ingredients supplier Wacker has unveiled a series of new product launches at the PCHi event in Shanghai last week, including a hair conditioner exclusively for the China market.
Vipshop acquires second cosmetics brand in as many weeks
Vipshop, a prominent online discount retailer in China, has acquired a minority interest in Ovation, its second cosmetics brand purchase in as many weeks.
Nestlé’s sweet tooth for skin care sees Skin Health subsidiary announced
Food giant Nestlé has something of a sweet tooth for skin care it appears, having acquired full ownership of the Galderma brand from L’Oréal and announces its skin health focus.
Nu Skin now facing lawsuit for shareholder losses
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’.
P&G focus on Southeast Asia in hopes to boost performance
Consumer goods giant Procter & Gamble has been targeting the Southeast Asia market in a bid to profit from the region’s growth, and balance stagnant sales in the West.