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Business & Financial

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Cosmetics retailer Jumei apologises over fake product sales in China

31-Jul-2014 - Online cosmetics retailer Jumei International Holdings has made an apology after media reports focused on the fact that it was selling fake luxury goods in China.

Hindustan Unilever sees sales increase but demand remains weak

30-Jul-2014 - Just like Godrej and Dabur India, Hindustan Unilever has witnessed the effects of a tough economic climate as although sales are up, demand remains weak.

ADA Cosmetics sold to new equity investment company

29-Jul-2014 - Germany-based ADA Cosmetics has been sold by global asset manager The Carlyle Group to Ardian, an independent private investment company.

The Face Shop angling to become top Korean brand in Thailand

29-Jul-2014 - The Face Shop, a skin care and cosmetics leader in Korea, is eying up expansion Thailand, where it has set its sights on the top spot among Korean brands in...

Record tourist numbers in Japan: a boost for department stores

29-Jul-2014 - The Japan National Tourist Organization has said 6.26 million tourists visited Japan during the first half of 2014, 26.4% ahead of figures for the same period last year – with...

eBay and LVMH settle longstanding counterfeit fight

22-Jul-2014 - Online marketplace eBay and luxury good firm LVMH have settled their longstanding legal fallout over counterfeit products dating back six years.

Works with Water Nutraceuticals revamps business strategy to cash in on supplement demand

18-Jul-2014 - After identifying significant growth opportunities across export markets and online, ‘Works with Water Nutraceuticals’ has completely revamped its skin supplement range in an effort to drive sales and brand awareness....

India's domestic players shake up deodrant segment

17-Jul-2014 - In what has previously been a marginal business in India, deodrants are now on the rise as low-end brands like Diana and Dynamite give the likes of Axe and Engage a run...

Emami hunting growth with multiple personal care launches

16-Jul-2014 - Emami has displayed eagerness to corner growth in India, with its recent launches and acquisitions marking it out as a company investing heavily in diversifying its portfolio. 

China - South Korea free trade pact to affect Taiwan's prosperity

16-Jul-2014 - Export-dependent island Taiwan could be hurt by a China-South Korea free trade pact, which will turn its complacency for a privileged position in China - granted by ECFA in '08 -...

It's all over! L’Oreal drops World Cup Belgian model

15-Jul-2014 - The FIFA World Cup has come to an end. As has L’Oréal's partnership with Axelle Despiegelaere just weeks after the Belgian teen was offered a modelling contract when pictures of her cheering...

Greenpeace weighs in on Kao's promise to tackle deforestation

15-Jul-2014 - According to Greenpeace, policies like Kao's to remove forest destruction processes from its products can feature shortcomings like implementation timelines and high carbon stock forests.

E-retail platform secures $3.4 million investment as India’s online shopping takes off

10-Jul-2014 - Indian beauty company Nykaa has secured Rs 20 crore ($3.4 million) from private investors to further boost their presence as one of the country’s leading online retailers. 

International Stem Cell Corporation signs agreement for Japanese cosmetics

10-Jul-2014 - US-based International Stem Cell Corporation (ISCO) has signed a license agreement for Japan-based Rohto Pharmaceuticals that aims to manufacture products for the medical and cosmetics categories.

Business Restructure

Coty restructures organization to focus on categories and global markets

09-Jul-2014 - Coty has restructured its organization to provide better focus on the market segments it serve, optimize its global markets presence, and to build on the brands in its portfolio.

China and South Korea edge forward with free trade talks

09-Jul-2014 - A visit by the Chinese President Xi Jinping to South Korea last week is expected to make further progress towards a free trade pact between the two countries that is...

People on the move – the latest executive appointments

08-Jul-2014 - In the latest round of new appointments we bring you news from luxury packaging player Manifesto, specialty chemicals player Cremer and fragrance specialist CPL Aromas.

Albéa invests in $14 million Suzhou cosmetics packaging plant

03-Jul-2014 - French packaging giant Albéa Group has invested in a new plant in Suzhou as it aims to boost its cosmetic presence in China with integrated decoration and assembly capabilities and...

Heliae announces first international production facility as algae demand booms

03-Jul-2014 - As algae based ingredients become favored for beauty now more than ever, Cosmetics Design caught up with proprietary algae producer Heliae to find out about its new international facility and...

Hindustan Unilever outlines five-point plan to make the company ‘future-ready’

03-Jul-2014 - The chairman of personal care giant Hindustan Unilever has outlined five areas of focus where the brand will make moves to make itself ‘future ready’, with the key industry player...

Maybelline preparing to launch new mobile-optimised site

01-Jul-2014 - Colour cosmetics company Maybelline has entered a partnership with one of India’s leading tech development firms, Infosys, to create a new mobile optimized site for the brand.

Korean giant LG closes door on Elizabeth Arden bidding process

01-Jul-2014 - Korean consumer goods giant LG Household and Health Care has said it is no longer interested in bidding for Elizabeth Arden, after the cosmetics player revealed its restructuring plan.

Exclusive interview

Talks with the top: Loïc Armand details his positive cosmetics outlook

26-Jun-2014 - As Cosmetics Europe announced that President of L’Oréal France, Loïc Armand, will take the reins as its President for the 2014 -2016 term, was given an exclusive interview with...

More Korean cosmetics brands eyeing up China

26-Jun-2014 - Recent figures have shown South Korea’s beauty market exports faring very well, and now smaller brands are looking to further strengthen their foothold, with their sights apparently set on China....

Nivea opens first manufacturing plant in India

25-Jun-2014 - Nivea, a global leader in skin care, has just opened its first manufacturing plant within India, in a move which confirms its efforts to expand in the country are underway. ...

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