B2B e-commerce platform Alibaba.com plans to help more South Korean SMEs strengthen digital capabilities to expand their overseas sales channels, after successfully enabling cosmetics trading firms like BigPie C&T gain 80% growth.
American beauty multinational Coty is targeting further growth for Burberry Beauty in China after recent successes in makeup and fragrance, alongside the impending launch of its first refillable perfume bottle.
Kao Corporation’s intention to acquire Australian self-tanning and sun care brand Bondi Sands could prove to be a masterstroke amid inflationary woes and economic downturns, according to a market analyst.
Justhuman’s new hair and skin care line is capitalising on the microbiome movement to bridge the gap between clean beauty and fast results, and sees ‘massive growth’ in Gen X consumers in both India and US.
South East Asian beauty distributor and retailer Aura Prestige is aiming to further expand its footprint in markets such as Indonesia, Malaysia, Singapore and Vietnam, as demand for luxury niche fragrances intensifies in the region.
Japanese cosmetics giant Kao Corporation has dedicated resources to strengthen the presence of selected brands worldwide, with premium brand SENSAI leading the way through an upcoming flagship store in Shanghai.
South Korean delivery app Baemin has taken a leap into the Vietnamese beauty market by launching a skin care and makeup brand, and is capitalising on K-beauty trends to customise products for the needs of local consumers.