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Business & Financial

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LVMH reports strong perfume sales despite China concerns

04-Aug-2015 - Despite the Chinese market proving tough for some of LVMH's brands, the luxury goods firm reported a 6 per cent increase in its perfumes and cosmetics division.

DSM is 'pleased' alpha-arbutin is ruled safe as "skin tone is one of Asia's biggest segments"

04-Aug-2015 - A recent SCCS ruling that alpha-arbutin is safe will have a ripple effect for Asia's skin care markets as the ingredient, used in skin tone applications is one of the biggest...

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

31-Jul-2015 - It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that...

Shiseido snaps up former Estée Lauder VP to help with 'Vision 2020' plan

30-Jul-2015 - Shiseido has hired former Estée Lauder Asia-Pacific VP, Roxana Daver to manage its global business development unit as it pushes forward with 'Think Global, Act Local' strategy.

P&G Beauty chief to become company’s new CEO

29-Jul-2015 - Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer....

Walmart further invests in Chinese e-commerce beauty site, Yihaodian

29-Jul-2015 - Having already obtained a 51 per cent share in Chinese e-commerce retailer Yihaodian, US giant Walmart has snapped up the remaining 49 per cent as it strives to conquer the e-commerce world....

Japan emerges as a key market for Hermès fragrance sales

29-Jul-2015 - Luxury fashion house, Hermès has revealed that its' fragrance arm in Japan is up 20% – a rise the brand attributes to a “selective distribution network”.

Elizabeth Arden focuses on Southeast Asia expansion

28-Jul-2015 - The global cosmetics player has appointed a new president, JuE Wong, effective August 3th, and has also signed an agreement with prestige beauty distributor Luxasia Ventures as it sets its sights on...

PZ Cussons hit by tough trading conditions in Africa but claims growth is returning

24-Jul-2015 - PZ Cussons says it will focus on and remains confident of a strong recovery after pre-tax profit and sales dropped, with the falling oil price, weak currency and the threat...

Nestlé Skin Health invests in first Asia based hub to support healthy ageing

22-Jul-2015 - To address the 'under appreciated' needs of an increasingly ageing population, Nestlé Skin Health's innovation hub in Shanghai will look at skin health issues including intense dryness, skin cancer and ageing....

Estée Lauder acknowledges beauty blogger power with Korean ambassador

21-Jul-2015 - With beauty bloggers having more influence now than ever, Estée Lauder is the latest brand to acknowledge their sway on cosmetics buying behaviours by signing up Korean YouTube star, Irene Kim...

Urban Decay invests in Hong Kong but stays firm on not entering China

21-Jul-2015 - L’Oréal has finally invested in colour cosmetics brand, Urban Decay in Hong Kong. The department store counter is a first for the renowned brand in the country, despite its 20 year presence in...

Hot topic

Beware of 'polite business'! The challenges of cracking Japan's cosmetics market

17-Jul-2015 - Establishing or indeed sustaining business in Japan's cosmetics market depends on the seamless interaction and integration with its culture, not something every international company has managed to get right...

As Chinese tourists continue to splurge, South Korea's retailers scramble for duty-free licences

17-Jul-2015 - As business continues to boom in South Korea thanks to Chinese tourists, retailers are scrambling to open duty-free shops in Seoul to get a piece of the action.

L'Oréal focuses on improving energy efficiency at Yichang plant

16-Jul-2015 - By the end of 2015, L’Oréal’s Yichang plant in China will become the company's first Asia-Pacific facility to reach carbon footprint neutrality.

Sephora owner, LVMH snaps up Singapore based start-up Luxola

14-Jul-2015 - After raising over US$15 million in funding from investors, Singapore-based e-commerce platform, Luxola has been snapped up by global luxury goods corporation, LVMH.

P&G gets the thumbs up from investors, while Coty share prices fall

13-Jul-2015 - In the wake of the last week’s announcement that Coty had bought 43 fragrance, color cosmetic and hair care brands from Procter & Gamble for $12.5bn, the two companies have...

AmorePacific invests in Jeju 'hub' to encourage tourism

09-Jul-2015 - AmorePacific has invested in South Korea's Jeju Province to establish a hub that will allow the software, beauty and tourism industries to form a network and gain access to tools that...

Kosé signs up Kate Moss for luxury brand 'Cosme Decorte'

08-Jul-2015 - As Kosé enters its 45th year, the company is tapping into fashion and beauty’s top talents – Kate Moss and Mario Testino as it carries out its global expansion plans....

Obituary

“Of his own invention” - Burt’s Bees founder dies

07-Jul-2015 - The founder of Burt’s Bees, one of the forerunners in the natural and organic cosmetic category, has a passed away aged 80, at his home in Bangor, Maine.

Unilever on skin care acquisition trail again this time buying Murad

07-Jul-2015 - Unilever flexes its skin care muscle once again this time agreeing to buy clinical brand Murad, as it looks to further enhance its position in the market and ‘complement’ recent...

AmorePacific is Korea's first cosmetics brand to open a store in Bloomingdales

07-Jul-2015 - Having somewhat conquered Asia, AmorePacific has now become the first Korean cosmetics brand to open a store in New York's renowned Bloomingdales.

Bernstein Analysis

Will Beiersdorf follow the trend and underperform, or break the cycle?

03-Jul-2015 - In its recent report on the Global Beauty and Personal Care (B&PC) industry, Bernstein Research noticed an interesting occurrence of over- and under- performing at Beiersdorf, and while there is...

Full steam ahead for Shiseido's 'Vision 2020' plan in Indonesia

02-Jul-2015 - Japanese cosmetics giant Shiseido has partnered up with the Aura Beaute Group in Indonesia to strengthen its 'professional business in Asia'.

Could Hindustan Unilever conquer the hair oil segment with Indulekha?

30-Jun-2015 - Hindustan Unilever is reported to be in 'advanced talks' for ayurvedic hair care brand Indulekha, a potential deal which would see the company re-enter the hair oil segment following the sale of...

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