L’Occitane International has reported that Asia Pacific grew by 1.9% at constant rates in the first half (H1), led by Hong Kong, Australia, and Malaysia, helping to offset the second consecutive quarter of double-digit declines for China.
Contract manufacturer Voyant has launched a new division intended to identify the most promising indie brands and partner with them up until acquisition.
Sa Sa Malaysia has recovered to 77.4% of pre-pandemic levels, reflecting the positive impact of the relaxation of pandemic measures that came into effect across the country in April.
The double whammy of lockdowns hitting offline sales in China and tighter government regulations on e-commerce influencers stifling online sales are continuing to hit the beauty trade in the country, according to Korean powerhouse LG H&H.