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Business & Financial

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Shiseido collaborates with IBM on app to empower beauty consultants

26-Feb-2015 - Shiseido has teamed up with IBM to enhance its customer experience by providing nearly 10,000 beauty consultants in Japan with mobile apps designed to aid new customer services, customer-centric product...

Japan's biggest beauty website launches Chinese-language service to conquer market

26-Feb-2015 - Japan's largest beauty community website, @cosme has invested in a Chinese-language service on e-commerce platform Tmall, as it tries to conquer the Chinese market.

Southeast Asia pushes for Union to encourage regional ties and investment

26-Feb-2015 - As the Association of Southeast Asian Nations moves towards a unified 10-member state, measures are being put in place to reduce trade barriers, ease investment, and ensure the free flow...

Glossybox finally reports profit after ‘over-expansion' problems in Asia

25-Feb-2015 - According to beauty sampling brand Glossybox, after an expansion in Asia that nearly took the business under, the company has finally started to see a profit.

Clarins also sees benefit of WeChat in conquering China

24-Feb-2015 - Unlike the West, consumers in Asia have jumped directly into mobile platforms (WeChat, Line, Kakao Talk) that international players like Clarins are using to access and analyse customers behaviour and needs....

A look at LVMH and luxury buying in China

24-Feb-2015 - Sales this Chinese New Year aren't looking too lucrative for the world's largest prestige group, LVMH, which has been working harder then ever to attract Chinese tourists as luxury spending...

L’Oréal invests €50 million in Egypt facility to meet rising demand

18-Feb-2015 - Beauty behemoth L’Oréal invested €50 million in its first factory at the heart of the Arab World, located near Cairo in the Pyramids Industrial Park of 10th of Ramadan, as...

Beiersdorf ‘cautiously optimistic’ for 2015 as Heidenreich sticks with Blue Agenda

17-Feb-2015 - Beiersdorf says it expects to see strong sales growth this year despite tough economic conditions, with company CEO Stefan Heidenreich stating that he is ‘cautiously optimistic’ for 2015.

Asia Pacific proves to be Avon’s strongest market as global sales dive

17-Feb-2015 - Avon Products has posted another quarter of falling sales, but the performance in the Asia Pacific market outpaces the results posted in the company’s three other global regions.

L’Oréal campaign hopes to give disadvantaged youth an insight into science

11-Feb-2015 - L’Oréal UK & Ireland has spent the last few months working with the Generating Genius charity to give gifted A-Level science students from disadvantaged backgrounds the chance to see what...

Unilever achieves zero waste to landfill target, avoiding €200m costs and creates jobs

10-Feb-2015 - Unilever has announced that it has reached its target of sending non-hazardous waste to landfill from its factories, and in the process avoided €200 million-worth of costs and created hundreds...

Nu Skin China revenues Q4 fall by more than half

10-Feb-2015 - Nu Skin is continuing to feel the fall-out from its China sales ban earlier in the year, while fourth quarter results are further impacted by the trial offer launch for...

Elizabeth Arden revenues dive on poor sales in China and a decline in celebrity fragrances

09-Feb-2015 - Elizabeth Arden’s second quarter results fell more than 17% as it struggled against currency headwinds, challenges in the China market and celebrity fragrances that have lost their shine.

Oriflame exec says India could become its biggest market

05-Feb-2015 - Oriflame has been battling sluggish European economies and operational issues in Russia, but a top executive believes that India is likely to help boost its fortunes in the future.

The Body Shop acquires Australia franchise

04-Feb-2015 - The Body Shop is looking to make further inroads in Australia having announced the deal to acquire the company operating The Body Shop Australia from Head Franchisee Graeme Wise the...

UBM Asia adds Malaysia to growing regional events portfolio

04-Feb-2015 - UBM Asia has entered a partnership agreement with Interexpo to organise its annual Beauty Expo in Malaysia starting in 2015.

Unilever invests €40 million in catering to China's western markets

03-Feb-2015 - Phase I of Unilever’s facility in the company’s global manufacturing base in Meishan has been completed, which will mainly cater to China's western markets.

P&G moves personal care leadership out of Singapore

02-Feb-2015 - The company is reverting to its brand-guardian leadership structure, with design oversight for cosmetics and skin care for the IMEA region centralized in Geneva, Switzerland.

Venture Life moves into China's skin care market with 30 year deal

29-Jan-2015 - Healthcare brand, 'Venture Life' has signed a 30-year distribution deal with Shanghai based REC Cosmetics; the owner of 1,000 skin care retail chains across mainland China.

India based Essel Propack sets sights beyond oral care

29-Jan-2015 - The speciality packaging supplier to Hindustan Unilever, P&G and Colgate Palmolive, is adjusting its focus to accommodate more cosmetics segments.   

Japan proves to be fastest growing market for L’Occitane

27-Jan-2015 - Global French beauty giant, L’Occitane reports Japan to be its' biggest Asian market with total net sales up 15.2% to 133.9 million euro.

Henkel beauty business moves into newly opened Shanghai center

22-Jan-2015 - Henkel’s beauty care business based in Asia will move into its new home at the company’s new Management Center which opened in Shanghai this week.

Global market for fragrance ingredients set for strong growth from naturals trend

21-Jan-2015 - The global market for fragrance ingredients is set for strong annual growth rates, with growth mainly driven by demand for natural-based fragrances.

Unilever sales hit by slump in China market

21-Jan-2015 - Unilever says that its performance in emerging markets, and specifically China, led to a decline in revenues for the current quarter, although profits were up for the Anglo-Dutch consumer giant.

Fenchem expands into South America

20-Jan-2015 - China-based ingredients manufacturer Fenchem has announced its expansion into the South America market with the establishment of a new office in St. Pauls, Brazil.