China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.
L’Oréal announces its decision to pull its Garnier brand out of China stating that it will look to concentrate on other brands that are performing stronger in the region.
Changes in the China population are likely to see a correction in the long-standing bias towards males which will spell new opportunities for cosmetics companies, Euromonitor believes.
This year we’ve made every effort to keep you up to date on major advancements in emerging markets to what you can expect next in terms of trends and brand innovations. Here; we’ve rounded up the most impacting stories of the year..
In 2013 the China market for natural personal care is estimated to have grown by a stunning 24%, as a battle unfolds between domestic and international brands, according to Kline.
Although the booming Chinese market is considered to be the most lucrative for cosmetic manufacturers, some exhibiting at Cosmoprof Asia revealed that the Japanese, Singaporean, Southeast Asian and Hong Kong markets were more rewarding for them!
As the biggest cosmetics company in the world, and one of the most active in China, with new plans announced to ramp up operations further, L’Oréal has come under scrutiny over its stance of doing business in a country that requires animal testing on...
The specialty cosmetics chain has announced its' net profit to have risen to HK$357.4 million ($46.09 million) in the last six months, up from HK$282.1 million from the same financial quarter last year.
Evonik Industries has opened a new production facility in China that it says will focus specifically on organic specialty surfactants in a bid to further expand business sustainably on the region.
Cleopatra swore by it, bathing daily in asses' milk as part of her beauty regime. Now the spotlight is back on it as Asian cosmetics consumers, particularly those in Thailand, Malaysia, South Korea and China are said to be favouring it in anti-ageing...
Increasing disposable income and smaller households are turning the Chinese cosmetics packaging industry into a juggernaut, according to a report by Euromonitor.
As the Chinese consumer becomes the number-one luxury spender in the world, our expert reckons US and European prestige brand managers are suddenly paying closer attention to their overseas spending behaviour.
Henkel CEO, Kasper Rorsted, says his company will be targeting China as part of its plans to expand its beauty business into fast growing emerging markets.
According to the China National Committee on Ageing, major US personal care players are investing in China’s ageing population, a segment that has seen explosive growth in terms of cosmetic expenditure of late.
Leading fragrance player Inter Parfums USA says that it has signed an exclusive licensing agreement through its Hong Kong subsidiary with leading China luxury brand Shanghai Tang.
The China Food & Drug Administration has issued a notice inviting public comments on the approval of the fourth new cosmetic ingredient ‘Elaeagnus mollis diel Oil’ after a previous four year silence.
As the Chinese cosmetics market becomes increasingly desirable for international brands, knowledge of evolving consumer behaviour is invaluable to those investing in the region. Here; Renee Hartmann, co-founder of 'China Luxury Advisors' gives...
A lot is expected from the emerging markets in the cosmetics industry, and the global perfume segment is no exception, as under-penetration and innovative product launches are tipped to drive the market.
Following in the footsteps of many cosmetics companies doing business in Asia, Korea-based Aromatica has abandoned plans to sell its products in China due to the animal testing requirements for cosmetics put in place by the government.
Purac China is focusing on one of the biggest trends in the country’s still fast growing cosmetic s and personal market – a greener more eco-friendly product.
This year’s PCHi event is readying to open its doors in Guangzhou, Southern China next week, with the organizers predicting that it should easily surpass attendance and exhibitor numbers of previous events.
The global cosmetics giant has announced double4-digit growth in sales for the 12th consecutive year in China, despite the country's economic slowdown.
The Chinese arm of the cosmetics giant has finally completed the acquisition of local personal care rival Shanghai Elsker to consolidate its position in the baby care sector in China.
Sa Sa International Holdings has announced that its sales climbed 20.4 percent reaching $279 million in the last three months leading up to the 31st of December.
According to National Bureau of Statistics, retail sales of cosmetics in China are up 16.5 percent for the first 10 months of 2012, amounting to 107.7 yuan ($17.3 billion) compared to the same time last year.
Flavor and fragrance supplier Symrise is planning further expansion of its perfume oil production in China, highlighting the company’s dedication to strengthening its presence in the region.
The global chemical company has opened its new technical center in Shanghai as it looks to expand in the Chinese personal care market, amongst other sectors.
South Korean manufacturer AmorePacific has announced it will complete the construction of its second manufacturing plant in China in 2014 as it views the region as a key area of growth.
Next month may see a group of new leaders taking up the government hot seats in Beijing, a change that could affect sales of luxury cosmetics and fragrances which are traditionally given as 'gifts' in the business world.
This year’s Cosmoprof Asia event, to be held in Hong Kong in November, is forecast to build on the record-breaking size of the previous event, in line with the continued industry growth throughout the region.
As the financial situation takes its toll and consumers cut down on luxury purchases, premium cosmetics are less likely to be cut from the Chinese consumer’s shopping list compared to other luxury items.
In an effort to focus on Asia, the specialty chemicals distributor has teamed up with Indena, a producer of actives derived from plants to distribute personal care ingredients in China.
With China poised to accept its first ever non-animal test method for cosmetics by late summer, Dr. Brian Jones of the Institute for In Vitro Sciences (IIVS) says don’t be surprised by how quickly the autorities accept and implement more.
Brands looking to tap into the Asian market face multiple challenges, according to Judith Higgins, CEO of GMD Group USA and her partner Chris Han, who note that while spending power is increasing, the Asian beauty market is largely dominated by brands...
Industry association Cosmetics Valley aims to raise the stakes for its member companies with its first ever pavilion at the recent PCHi event in Shanghai, China.
Ingredients player Inolex is expanding its operations into some of the fast-growing Asian markets, as well as readying the launch of a natural silicones alternative.
The Personal Care and Homecare Ingredients (PCHi) event will platform the latest industry innovations at the Expo Theme Pavilion in Shanghai and the Cosmetics Design team will be there.
Since the 2008 advent of compulsory ingredients registration in China the initiative has made doing business more complex and also opened up the door to counterfeiters, according to Campo Research.
The Personal Care and Homecare ingredients (PCHi) event is set to open its doors to industry professionals in February 2012 with China and the emerging markets a focal point of the show.
Italian active ingredients player Indena says that its participation in the forthcoming PCHi event in China next February will play an important part in the company’s strategy to grow its cosmetics arm.
The Chinese color cosmetics market is forecast to continue to grow all the way in to 2015, increasing in value year-on-year, but slowly as it is likely to be hampered by low product penetration in comparison to other cosmetics sectors.
Whereas Chinese hair care consumers were once driven by dual-function products and value-for-money, new research finds that products catering for specific needs are en vogue.
The market for skin care in China is expected to continue its phenomenal growth, but companies are going to have to target consumers with innovative products that hit key trends if they want success.
With low penetration and a large customer base, the cosmetics and toiletries market in China is a lucrative one for both local as well as international players.
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