Chinese e-retailing giant Jumei ready for $400 million US IPO
Jumei, one of the largest Chinese retailers of beauty products online by volume, has filed to raise up to $400 million at its upcoming IPO in the US.
Archives for April 14, 2014
L’Oréal chief vows to get back on track after Q1 slowdown
L'Oréal first quarter sales dropped 2.2% as demand for mass market products and brands such as Garnier and Maybelline slows, but company CEO Jean-Paul Agon is confident that the French firm will bounce back as quickly as next quarter.
Sephora expands into Australia: region continues to diversify
International beauty brand Sephora’s upcoming expansion into Australia participates in the ongoing diversification of the region’s cosmetics market, and will mean domestic players will need to continue to up their game with innovation.
Pond’s moves to leverage India’s strengthening male grooming
The upcoming growth predicted for India’s male grooming sector is an opportunity that Pond’s, a beauty brand from Hindustan Unilever (HUL), is looking to exploit in the near future, with a launch of a range aimed specifically at men.