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Business & Financial

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Leading Southeast Asia e-commerce site closes suddenly

23-Jun-2016 - Ensogo, one of the leaders in the Southeast Asia e-commerce landscape, has announced that it has stopped operations across the region.

What does the cosmetics industry do for Europe?

22-Jun-2016 - According to a new study by Cosmetics Europe, the contribution of the cosmetics industry to the socio-economic landscape throughout Europe is wide-reaching and has significant impact.

L'Oréal's latest Garnier launch taps into India's naturals enthusiasm

22-Jun-2016 - India’s strong consumer enthusiasm for its traditional wellness system, Ayurveda, has seen brands tapping into the naturals trend to profit: L’Oréal’s new Garnier launch is the latest....

UK SMEs share concerns on EU trade ahead of referendum

21-Jun-2016 - As the EU Referendum draws closer, many UK small and medium-sized cosmetics company owners are still unclear as to how leaving or staying in the EU will affect their businesses. ...

Nu Skin: eyes on China with multi-million investment and new management

21-Jun-2016 - Despite the company’s recent drop in sales in China, Nu Skin looks to be renewing its focus on its mainstay market.

Cosmetics "play a strategic role" in Indonesia

16-Jun-2016 - Indonesia’s Minister of Industry, Saleh Husin, has spoken of the key strategic role played by the beauty industry in the market's future.

News focus

Lancôme controversy in Hong Kong highlights global nature of branding

15-Jun-2016 - In cancelling a pop concert in the face of media and consumer pressure from China, it seems Lancôme failed to account for the global visibility of marketing moves in today’s business...

Lancome shuts stores in Hong Kong amid China tensions

09-Jun-2016 - Lancome has found itself in the middle of a wave of global scrutiny for its decision to cancel a promotional music concert in Hong Kong, apparently as a result of...

Shiseido Americas acquires Laura Mercier and RéVive

07-Jun-2016 - Shiseido is buying Gurwitch Products (the holding company of those two makeup brands), and the deal is expected to bring the Japan-based cosmetics company closer to its ambitious 2020 sales...

K-beauty Missha new range launches across Asia

07-Jun-2016 - South Korean beauty brand Missha has rolled out its ‘Line Friends’ range across 12 countries in Asia, in a move that suggests the brand is looking to strengthen again following...

J&J acquires Vogue International

06-Jun-2016 - After bidding from several prominent global beauty and hair care companies, Vogue will be sold to Johnson & Johnson for just over $3bn in cash, according to an announcement that...

P&G's performance returning to healthy levels in 'critical market' India

02-Jun-2016 - Consumer goods multinational P&G has been stabilising its performance in India, enjoying double digit growth across both its Hygiene and Healthcare and its Gillette portfolios in recent months.

Luxury organic beauty brand and its Asia distributor acquired by global firm

02-Jun-2016 - John Masters Organics (JMO), luxury beauty and personal care brand, and Styla, its Japan and East Asia distributor, have been acquired by global equity firm Permira.

Estée Lauder still determined in China

01-Jun-2016 - Estée Lauder is said to be pushing ahead with its strategy to make inroads in China, despite the slumping economic conditions in the country.

Korean beauty startup raises $3.5 million to expand in Southeast Asia

01-Jun-2016 - Althea, a Korean company which launched last year, has been making waves in Southeast Asia beauty, and has just secured a reported USD 3.5 million in funding to further its expansion.

China cosmetics giant launches in Australia

30-May-2016 - Uniasia Cosmetics, a leading player among China's cosmetics giants (described as the country's third-largest retailer), has made a decisive move into the Australian market.

UK investment firm buys up John Masters Organics

25-May-2016 - It’s all about organic beauty these days, and UK investment firm Permira is buying into the trend, having acquired a majority stake in John Masters Organics (JMO).

TonyMoly leading ambitious K-beauty charge

25-May-2016 - TonyMoly, a fast-growing Korean beauty brand, has announced its intention to be among the leaders of the rapid global growth of K-beauty, seeking to reach sales of 2 trillion won...

Victoria’s Secret China beauty shops bought back from franchise

25-May-2016 - L Brands Inc., parent-company of Victoria's Secret, has acquired 26 beauty stores in China from its franchise partner.

Kanebo to launch first new brand in 10 years

24-May-2016 - Japanese beauty player Kanebo has announced it will launch a new high-end brand across the Asia region in the coming months, to go global by 2017.

New deodorant attempts to disrupt India market

19-May-2016 - Emami, a major domestic personal care player in India, has announced a further addition to its ever-expanding portfolio with the launch of a new range of deodorants.

UAE beauty brands target Asia

18-May-2016 - United Arab Emirates cosmetics firms are reportedly eyeing up expansion into Asia, with moving into the region proving a hot topic at this week’s Beautyworld Middle East event.

Philippines soap brand going global

18-May-2016 - A personal care company in the Philippines has announced it is expanding its operations due to increasing global demand.

Unilever asserts India strategy is working despite weak performance

12-May-2016 - Despite underwhelming sales growth, Unilever has stated that its strategy in India is holding up in the face of tough market conditions in India.

LG Household launches new luxury brand

11-May-2016 - A leading cosmetics company in Korea, LG Household, has announced the launch of a new luxury brand from its company CNP Cosmetics.

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