The Chinese consumer is reining in previously impulsive buying habits and prioritising efficacy and functionality, says a top executive from Yatsen Holdings
The Cosmetic, Toiletry and Fragrance Association of Singapore (CTFAS) is set to launch the CTFAS Academy, which it hopes will elevate cosmetics industry standards in Singapore.
The decade old brand, known for its diverse range of hair color options, has just announced it will now be available in over 1,500 Walmart stores and online.
Aveda believes that the interest in prestige beauty, green chemistry, and vegan products in Vietnam will stand it in good stead in the rapidly emerging South East Asian market.
Kao Corporation’s intention to acquire Australian self-tanning and sun care brand Bondi Sands could prove to be a masterstroke amid inflationary woes and economic downturns, according to a market analyst.
Vegreen has launched its first waterless Vitamin C ampoule, believing extensive education on product use and effectiveness is key to overcoming consumer reluctance in the category.
L’Oréal Professional has launched Redken in India to fulfil the growing demand for specialised solutions across colour, styling, and care in the hair care market.
The partnership agreement seeks to further expand the reach of successful adidas Active Skin and Mind Range products into China after its European launch last year.
German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
In this round-up of business and financial updates in the APAC cosmetics industry, we highlight developments from Beiersdorf, L’Oreal, Amorepacific, and more.
German personal care brand NIVEA recorded strong growth in the second quarter (Q2) fuelled by innovation in sun and lip care products, with Japan performing particularly well.
The post-pandemic awareness for health and well-being has “opened new doors” for traditional Chinese medicine-beauty brand Botanic Pretti5 to expand into the US and Singapore.
Personalised fragrance house Maison 21G has developed a new concept for its travel retail debut based on the data it has captured on scent preferences across Asia.
Chicnutrix capitalises on South Korean beauty manufacturing expertise to develop a skin care line that could meet consumer demand for holistic solutions.
American sun care brand Supergoop! is targeting a stronger foothold in Australia and the Middle East, following recent successes in South East Asia (SEA) and Europe.
The company is spearheading expansion efforts on the backs of CES Innovation Award winning Authentic Color Master by Tonework technology and the launch of custom skin care brand Custom.me.
A Malaysian derma beauty brand is investing in clinical trials to strengthen its product claims and brand position in an increasingly demanding skin care market.
South Korea’s Ministry of Food and Drug Safety (MFDS) plans to intensify its market diversification strategies and tap into promising growth in South East Asia and Europe, as China exports dip.
French beauty company L’Occitane has outlined marketing plans for brands L’Occitane en Provence and Elemis, particularly in the rebounding Chinese market.
Justhuman’s new hair and skin care line is capitalising on the microbiome movement to bridge the gap between clean beauty and fast results, and sees ‘massive growth’ in Gen X consumers in both India and US.
South East Asian beauty distributor and retailer Aura Prestige is aiming to further expand its footprint in markets such as Indonesia, Malaysia, Singapore and Vietnam, as demand for luxury niche fragrances intensifies in the region.
Japanese cosmetics giant Kao Corporation has dedicated resources to strengthen the presence of selected brands worldwide, with premium brand SENSAI leading the way through an upcoming flagship store in Shanghai.
Australian prebiotics hair care brand Straand is looking to enter South East Asia, China, Europe and the US this year on the back of funding from Unilever’s venture arm.
K-beauty brand Dr. G is continuing to expand in South East Asia with a new store in Malaysia, where its sunscreen range is enjoying significant success.
Korean cosmetics giant Amorepacific’s Laneige has recently accelerated its global expansion footsteps into the UK and Middle East, underscoring the shift in target markets of K-beauty brands.
South Korean delivery app Baemin has taken a leap into the Vietnamese beauty market by launching a skin care and makeup brand, and is capitalising on K-beauty trends to customise products for the needs of local consumers.
Voir Haircare has partnered with India’s online beauty marketplace Cossouq to benefit from growing demand for scalp care and multipurpose haircare products among Indian consumers.
South Korean retail group Shinsegae International has secured exclusive distribution contracts for luxury fragrance brands Heeley and Culti Milano as it seeks to strengthen its position in the rapidly growing category.
India’s beauty and personal care sector is emerging as a major beneficiary as global beauty players look to ‘diversify and de-risk’ from China, says Nykaa’s beauty chief.
South Korean health and beauty retailer Olive Young is expecting its clean beauty brands to rake in $200m in sales this year as demand for clean products remains voracious among consumers.
Korean skin care brand Melixir has embarked on a vigorous expansion campaign across Asia via Sephora, while also working on its sustainability initiatives and new products targeting the skin microbiome.