SUBSCRIBE

Breaking News on Cosmetics Formulation & Packaging in Asia-PacificEU editionUS edition

Headlines > Business & Financial

Business & Financial

Want to know who's acquiring who and which cosmetic international brands are making rapid expansions into Asia? 

Look no further and bookmark this section here!

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.

L’Oreal confirms offer to buy niche thermal water skin care player

15-Jul-2016 - The world’s biggest cosmetics company has confirmed that it is going ahead with the acquisition of a tiny France-based skin player with a very long name.

How Hong Kong beauty brands are tackling the drop in demand from mainland China

14-Jul-2016 - With tension between Hong Kong and mainland China currently high, the island’s popularity as a shopping hotspot has been dropping among mainland consumers; some beauty brands are now making moves...

Naterra International to open offices and branded retail in Korea

13-Jul-2016 - The Texas beauty company will open corporate offices in Seoul later this summer in the same building, where early this week, its TIGI cosmetics and hair care flagship store opened...

LVMH to invest in Korean cosmetic company Clio

13-Jul-2016 - LVMH Moet Hennessy Louis Vuitton is taking the plunge into the innovative and fast-growing South Korean cosmetics industry by investing $50m (€45m) in CLIO Co.

Korea's ambitious plan to boost cosmetics exports to USD 7 billion by 2018

13-Jul-2016 - With the market enjoying growing popularity abroad, particularly across the rest of Asia, South Korea’s government has said it wants to triple its cosmetics exports by 2018.

Top male hair care brand from Germany enters China

12-Jul-2016 - Alpecin, a leading male hair care brand from Germany that claims to fight hair loss, is set to enter the China market through a distribution deal with DKSH.

Indonesia's raw herbal ingredients a big opportunity for beauty, says minister

06-Jul-2016 - Indonesia is a market gathering considerable speed, thanks to the blossoming growth of its domestic beauty industry.

Shiseido teams up with Dolce&Gabbana in global collaboration

06-Jul-2016 - Two giants on the global beauty scene, Shiseido and Dolce&Gabbana, have announced a worldwide exclusive licence agreement.

LG's premium skin care player SU:M37 invests in China following duty free success

05-Jul-2016 - LG Household’s luxury skin care brand SU:M37 has invested in a flagship store in China after seeing success with the country’s tourists in local Korean duty free stores....

China officials to model supply chain efficiency on Europe

29-Jun-2016 - Officials from China’s Ministry of Commerce have been gathering insight into supply chain efficiency during a tour of various major manufacturers in Europe, including L’Oréal and P&G....

Cosmax broadens offering with new Nerium International partnership

28-Jun-2016 - Korean beauty giant Cosmax has announced a new partnership that it claims will boost its bio-health and cosmetics offering, and contribute to its global growth strategy.

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.

Key Industry Events

 

Access all events listing

Our events, Shows & Conferences...