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Business & Financial

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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.

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...

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