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Business & Financial

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Shiseido pushing forward with new travel retail division

26-Apr-2016 - Global beauty retailer Shiseido is pushing ahead with its new entity, Shiseido Travel Retail, with an ambitious sales target of 18.5 billion Yen/USD 169.6 million for this financial year.

Australia updating visa process to encourage China tourism

21-Apr-2016 - Australia is set to trial a new visa a process for incoming tourists from China, in a bid to further bolster the rising tide of Chinese consumers now visiting the...

Asia cosmetics wholesale business may go up for sale

21-Apr-2016 - LF Asia, a major cosmetics and pharmaceuticals wholesale business which operates in China and Southeast Asia, may be sold off in the coming months.

Unilever Indonesia set to enjoy stronger performance

20-Apr-2016 - Personal care giant Unilever has seen its sales slow in Indonesia, but with the domestic market now picking up across the board, commentators suggest the Dove and Axe parent-company’s fortunes...

Kanebo looking to double sales and expand across Asia

20-Apr-2016 - Kao-owned cosmetics firm Kanebo is looking to double sales of its leading brand, Kate, by entering it into the markets of Thailand, Malaysia and Singapore and by strengthening its offering...

Korea's Cosmax looking to dominate cosmetics R&D in the US

20-Apr-2016 - Cosmax, a leading cosmetics manufacturer from South Korea, has made clear its intention to take a lead in the US beauty R&D sphere.

P&G welcomes finance minister to Singapore Innovation Centre

19-Apr-2016 - Consumer goods multinational Procter & Gamble marked the second anniversary of its Singapore Innovation Centre (SgIC) for the Asia region with a visit from the country’s finance minister.

Australia singles out China as key export market with 'largest ever' trade visit

14-Apr-2016 - Australia’s Minister for Trade and Investment has spoken of the central importance the government places on trade with China, ahead of the largest ever trade visit to the country.

Dead Sea beauty company bought by leading China investment firm

14-Apr-2016 - Ahava, an Israeli skin care company, has been bought by Chinese investment giants Fosun Group for a reported USD 77 million.

Kao reaches cross-border digital deal with JD Worldwide

13-Apr-2016 - Beauty giant Kao has signed up with e-retail platform JD Worldwide, in the latest in a string of industry moves in the Asia region to facilitate cross-border trade of personal...

Unilever re-enters India’s hair oil segment

13-Apr-2016 - Hindustan Unilever (HUL) has completed its acquisition of an ayurvedic hair and personal care brand in India.

Groupe GM expands international network with new subsidiaries in China and Taiwan

13-Apr-2016 - Paris-based guest amenity company Groupe GM has announced a significant expansion of its international distribution network by opening its own distribution subsidiaries in China and Taiwan, in collaboration with local...

Lush blossoming globally - what’s the plan in Asia?

12-Apr-2016 - Beauty brand Lush, known for its heady scents and colourful counters, is enjoying enormous international growth in Europe and North America - and its sights are set on developing in...

Is Procter & Gamble well on the road to recovery?

07-Apr-2016 - A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on...

L'Oreal Thailand outlines plans to reach top spot

07-Apr-2016 - Global beauty giant L’Oreal has outlined its plans to develop into the number one beauty company in Thailand.

Aromatic Cosmetics beauty brand rapped for tax evasion

06-Apr-2016 - A cosmetics company in Bangladesh has come under fire from the National Board of Revenue (NBR) for reportedly evading the payment of VAT and supplementary duty on its operations.

Will Old Spice lawsuit hurt Procter & Gamble?

04-Apr-2016 - P&G has been facing up to the challenge of flat sales and a significant restructuring of the business, but more challenges come as it is slapped with a lawsuit on...

China's e-commerce tax changes set to benefit beauty

30-Mar-2016 - China is reportedly altering its tax policy for e-commerce in a move which will further promote cross-border trading for the country, and looks set to particularly benefit cosmetics sales.

Second Sun Protection & Anti-ageing Skin Care Conference Asia

29-Mar-2016 - Singapore will again be the host city for the 2nd Sun Protection & Anti-ageing Skin Care Conference Asia, which is scheduled to take place 13 – 14 July.

Oriflame coming to US and Brazil

28-Mar-2016 - The direct-sales beauty company is scouting out new growth markets and has plans to launch operations in both North and South America.

PCHi Shanghai 2016 beats expectations

22-Mar-2016 - The PCHi Shanghai 2016 event, held at the beginning of this month, had a significantly larger number of exhibitors and also attracted a greater number of attendees.

Does Estée Lauder downgrade suggest its performance is peaking?

21-Mar-2016 - Estée Lauder Companies’ results might have come in above Wall Street’s expectations for the past 18 quarters, but Goldman Sachs has taken the decision to downgrade it.

P&G appoints country CEO for Malaysia, Singapore and Brunei to drive innovation

17-Mar-2016 - P&G, consumer goods giant, has appointed a new country CEO for Malaysia, Singapore and Brunei, in what appears to be a further bid to strengthen its innovative capacity in the...

Shiseido dubbed a top 'ethical company'

17-Mar-2016 - Shiseido has ranked again as one of the world’s most ethical companies in this year’s list from the Ethisphere Institute, joining various other beauty and personal care leaders in receiving...

Inglot lays out plans to strengthen in India

16-Mar-2016 - Polish beauty player Inglot has laid out its plan to raise its market share in India, increasing its market presence in the country from 14 stores to 100 by 2020.

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