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Business & Financial

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Hallstar invests in China center to drive innovation in specialty chemistry

02-Sep-2015 - Global specialty chemical company, Hallstar has invested in a facility in China which it says will serve as an R&D and technical support base for the beauty industry in Asia Pacific....

L’Oréal India to incorporate more 'traditional based' beauty formulations

02-Sep-2015 - With India deeply rooted in traditional herbal or natural based cosmetics, L’Oréal is looking to bridge a gap between hygienic products and 'treatment' and 'care' ranges.

Givaudan acquires Induchem as Cosmetics Actives strategy continues

01-Sep-2015 - Swiss ingredients player Givaudan has continued its efforts to build its science-based active cosmetics ingredients business with the acquisition of Induchem.

E-tailer Alibaba continues Southeast Asia push with Singapore center

27-Aug-2015 - China’s e-commerce site, Alibaba is on track to open its Singapore center in September which will act as the 'headquarters of international business' and cater to two-thirds of its outbound investment...

Avon shares buck global downward trend on news of lawsuit settlement

26-Aug-2015 - Despite the major downward trend of global stock prices, Avon has had some good news as its share prices rose almost 5% upon news that a $62 million lawsuit is...

Premium Chinese brand Herborist aims for global domination

26-Aug-2015 - As Chinese cosmetics gain momentum in the West, Jahwa's premium brand, Herborist is venturing into North America with a range based on its hundred year expertise in ancient ingredients and techniques....

Mibelle sets its sights on India's personal care market

25-Aug-2015 - Swiss ingredients provider Mibelle has teamed up with Future Group (Future Consumer Enterprise) to develop new brands and products specifically for the Indian personal care market.

China dubbed a 'liability' as brands like Amorepacific see loss over yuan devaluation

25-Aug-2015 - Personal care giant, AmorePacific found itself among those affected by the devaluation of the Yuan this month - experiencing a loss of 11 per cent in a market it considers as its...

Lubrizol invests in coating technology at Singapore innovation center

18-Aug-2015 - Lubrizol has upgraded its Singapore based lab to extend its performance coatings expertise in Asia.

A look at why coconut is trumping palm oil in the Philippines

18-Aug-2015 - Despite the obvious sustainable benefits of coconut oil over palm, a politician has accused the Philippines government that the latter should be given an equal footing as coconut shows 'little...

L’Oréal assembles team of ‘geeks’ to help win the digital battle

12-Aug-2015 - L’Oréal is building its digital team with a host of experts as it looks to gain a strong competitive advantage and win the battle against its cosmetics rivals, according to...

Coty's plans to conquer India's hair care segment with P&G portfolio

12-Aug-2015 - Following Coty's acquisition of P&G’s beauty portfolio, the colour cosmetics player is set to make its mark in India's fast-growing professional hair care market for the first time....

Unilever takes to Twitter over mercury furor stating: "extensive studies found no harm in Kodaikanal"

11-Aug-2015 - Following accusations that Hindustan Unilever exposed former factory workers in Kodaikanal to mercury poisoning, the brand states that "extensive studies found no harm to workers or the environment". ...

As Korea's cosmetics gain momentum, China eyes up its R&D and production experts

11-Aug-2015 - As Korean cosmetics really start to become known for their creativity and high quality, China has its sights set on the country's finest R&D and production personnel to help it compete...

AkzoNobel shifts focus to Southeast Asia opportunities

11-Aug-2015 - As growth slows in China, AkzoNobel is reportedly seeking out markets that are experiencing robust economic growth like Thailand, India, Vietnam and Indonesia.

Next Top Model catapultes 'Works with Water' into Asia

06-Aug-2015 - Having secured a strong following of Chinese consumers in the UK, supplement supplier 'Works with Water' Nutraceuticals has been selected to sponsor the fifth series of TV show China's Next Top...

Beiersdorf posts positive results despite Western Europe dip

05-Aug-2015 - Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after...

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...

Test Yourself! July Quiz!

04-Aug-2015 - So, it’s that time again - have you been paying attention to the breaking news this month? Did you do well/ badly last month and want to maintain/ improve your...

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”.

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