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Business & Financial

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Shiseido partnership drives digital growth

21-Sep-2016 - Leading global cosmetics company, Shiseido, has teamed up with innovations agency, Fabernovel to achieve its digital ambitions.

Unilever acquires Seventh Generation

20-Sep-2016 - The multinational CPG company announced yesterday that it has signed a deal to purchase the plant-based personal care and household cleaners company known as Seventh Generation—thereby shoring up its position...

LG Household & Health Care develops South Korea’s first cosmetics-only facility

20-Sep-2016 - Following a record-breaking Q1 and Q2 2016, LG Care is continuing to develop its cosmetics industrial complex in South Korea.

Kao targets improved operating margins

14-Sep-2016 - Japanese multinational cosmetics player Kao says it is targeting a further increase in sales for its cosmetics division while also raising the profit margin target through to 2020.

Dabur takes small step into African cosmetics market

14-Sep-2016 - India-based consumer goods and cosmetics player Dabur has just sealed a deal to buy a small South African cosmetics player, paving the way to huge growth potential across the African...

Revlon completes Elizabeth Arden acquisition

13-Sep-2016 - It’s a done deal! Revlon confirmed last week that the acquisition was successful and that the combined company—a “global beauty enterprise”–now operates with Revlon as the parent company and is...

AmorePacific to start manufacturing in Malaysia

13-Sep-2016 - The continued international expansion of AmorePacific Group will see the Korean cosmetics company establishing a manufacturing base in Malaysia.

The Face Shop set to enter the Indian market

13-Sep-2016 - Korean natural and organic cosmetic player The Face Shop is set to enter the fast-growing India market, following on from much speculation about its ambitions in the market.

Exclusive interview

What happens to sustainability policy during political or economic crisis?

07-Sep-2016 - Pursuing sustainability goals can often prove both time-consuming and costly for cosmetics and personal care companies to implement, so what is the best course of action during a crisis?

Japanese cosmetics players eye lucrative tourist spend

06-Sep-2016 - In Japan long-term economic stagnancy has impacted consumer spend to the point where any growth potential is jumped upon. And right now tourists are scrambling for Japanese cosmetics.

A look at Shiseido’s developments in Asia in 2016

06-Sep-2016 - Shiseido has rapidly expanded across the Americas and Europe this year with focused efforts on travel retail, R&D hubs and partnerships with major beauty players. Here though, we’re taking a...

Is this the last big surge in Korean cosmetic exports?

31-Aug-2016 - Latest figures show that Korean cosmetic and personal care companies are continuing to enjoy booming exports, but this could end as new trading regulation may threaten the future.

Guest article

Brexit and the UK cosmetics industry: a view from CTPA

23-Aug-2016 - In this guest article, the Cosmetic, Toiletry and Perfumery Association (CTPA) outlines what the Brexit vote means for the UK cosmetics industry and how companies should be responding.

Shiseido cuts full year forecast

18-Aug-2016 - Japanese multinational Shiseido announced steady sales and a big increase in profits for the first half of its financial years, but cuts its forecasts on the back of restructuring and...

Face Shop launches Kakao Cosmetics line in China

18-Aug-2016 - Korean cosmetics company Face Shop has expanded its global expansion with the launch of its Kakao Friends cosmetics brand in China.

Memebox tallies nearly $70m in funding

11-Aug-2016 - The mobile-first beauty company plans to greatly expand its branded cosmetics and personal care portfolio as well as to grow the business in new markets.  

Avon Products Q2 financial results are in

09-Aug-2016 - Without adjusting to constant dollars, the direct-sales beauty company’s revenue was down in every region: Europe, the Middle East, and Africa; South Latin America; North Latin America; and the Asia...

Politics could add to forces working against Korean cosmetics industry

09-Aug-2016 - Following stellar growth from the South Korean cosmetics industry in recent years, the tide may be turning as political pressure from China may add to the threat posed by limits...

Myanmar Cosmetics Association expresses doubts over industry future

09-Aug-2016 - Although the Myanmar government has made steps towards growing domestic beauty businesses, the country’s cosmetics body says measures need to be stepped up to protect domestic players.

L’Oréal growth remains strong in China despite economic slowdown

02-Aug-2016 - Despite the economic slowdown in China, L’Oréal’s performance in the country continues to go from strength to strength as the product innovation pipeline is maintained.

LG Household & Healthcare see big surge in luxury cosmetic sales

02-Aug-2016 - South Korea consumer goods giant LG Household & Healthcare reported a strong second quarter results, which was boosted by huge growth in its luxury cosmetics division.

Walgreens shutters beauty.com

01-Aug-2016 - The pharmacy chain announced last week that the ecommerce site beauty.com will be shut down in the coming months. It’s a move to keep cosmetics and personal care consumers loyal...

L’Oréal will acquire IT Cosmetics

25-Jul-2016 - Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT...

Unilever expands in men’s grooming with Dollar Shave Club acquisition

22-Jul-2016 - The Anglo-Dutch consumer goods giant has expanded its footprint in the men’s grooming space with the acquisition of Dollar Shave Club, one of the fastest growing personal care businesses in...

Boots prepares for South Korea launch

21-Jul-2016 - Walgreens Boots Alliance, pharmacy-led health and beauty player, has entered into a franchise partnership that will see it enter South Korea through the country’s number one hypermarket retailer.

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