Business & Financial

Pick of the bunch: B2LiNK acquisition of Picky crucial for ‘long-term sustainability’, says CEO

18-Jan-2022 By Amanda Lim

K-beauty brand aggregator B2LiNK’s acquisition of beauty application Picky is crucial for the firm’s long-term growth as it aims to become the “number one global digital skin care community”, says its CEO.

Future forward: Amorepacific highlights three strategies to drive growth in 2022

17-Jan-2022 By Amanda Lim

Amorepacific is taking a three-pronged approach for growth in 2022, including strengthening its branding and digital efforts, while also restructuring the business.

Male-centric: Australia’s MADE FOR MAN launching botanical skin care products internationally

12-Jan-2022 By Guan Yu Lim

Australia’s skin care firm MADE FOR MAN has outlined in its three-year strategic plan to launch its botanical skin care products in UK, Europe, US and Asia.

Taking the leap: North American expansion on the cards for LG H&H in 2022 – CEO

12-Jan-2022 By Amanda Lim

South Korean multinational LG Household & Health Care is set to expand and strengthen its position in the North American beauty market in 2022.

‘Strategically important field’: Beiersdorf to acquire stake in digital health startup dermanostic

11-Jan-2022 By Kacey Culliney

Personal care major Beiersdorf will acquire a stake in German-based skin diagnosis startup dermanostic as part of its wider digitalisation strategy, particularly for its derma brand Eucerin.

Experience-first beauty: A.S. Watson bolsters engagement with AI-powered skin advisor tool

22-Dec-2021 By Kacey Culliney

Retail major A.S. Watson has grown digital beauty engagement across Superdrug and ICI PARIS XL with an AI-powered skin advisor tool co-developed with Finnish beauty tech firm Revieve – an innovation it plans to rollout across Asia next year.

Double the Plum: Offline expansion will help vegan beauty brand capture larger share of the Indian market

19-Dec-2021 By Amanda Lim

Vegan beauty brand Plum is aiming to at least double its reach in the next eight to nine months following the launch of its first standalone retail store.

Ayurvedic indie hair care brand Chāmpo secures €1m in pre-Series A funding

14-Dec-2021 By Kacey Culliney

UK-based startup Chāmpo has secured funding it says will be used to drive retail growth, international expansion and NPD during an exciting and pivotal time for the hair care market.

Collagen collection: Japan’s Tenshi no RaRa maker aims to increase Taiwan sales fivefold, secures Thai approval

14-Dec-2021 By Guan Yu Lim

The Japanese manufacturer of the popular Tenshi no RaRa brand of collagen drinks and soaps is aiming to increase sales by fivefold in Taiwan next year.

Doubling down in China: Coty aiming to more than double sales over the next three years

14-Dec-2021 By Amanda Lim

US beauty major Coty is aiming to more than double its sales in China by tapping into opportunities with prestige beauty and e-commerce.

The rise of Amazon beauty: A fast-paced world where consumers want ‘everything yesterday’

13-Dec-2021 By Kacey Culliney

Amazon has long been an e-commerce goliath but as it edges deeper into beauty, brands should take note, especially given its model offers a lot of what today’s consumer wants, an expert says.

Top of the chain: Top 10 most-read stories on beauty and personal care suppliers of 2021

13-Dec-2021 By Amanda Lim

In this 2021 round-up, we’re featuring the biggest stories of the year featuring cosmetics suppliers Dow, Quadpack, Lucas Meyers Cosmetics, and more.

K-beauty’s evolution: Cosmetics showed highest export growth for Korean SMEs in past 10 years

13-Dec-2021 By Amanda Lim

South Korean cosmetic products from SMEs and start-ups have chalked up the biggest growth in exports in the past decade and is now the second-largest category, according to a new report from trade chiefs.

'Very strategic addition’: L’Oréal to acquire US skin care brand Youth to the People

09-Dec-2021 By Kacey Culliney

Beauty major L’Oréal has signed an agreement to acquire US superfood skin care specialist Youth to the People in a move set to deepen its ethical offering in an increasingly competitive market, say experts.

Intimate business: India-based Sanfe targeting ‘underserved’ feminine hygiene market in lower-tier cities

08-Dec-2021 By Amanda Lim

Feminine hygiene brand Sanfe is aiming to expand into lower-tier cities in India, where it believes it can fill a major gap in the market.