In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight the business and financial updates from Estée Lauder Companies, LG Household & Health Care, Hindustan Unilever, and more.
Indian cosmetics brand Botnal has seen a 30% growth within three months after listing on e-commerce platform Nykaa, which galvanised its plans to further tap into its domestic market and the rising probiotics skin care space.
K-beauty brand Missha is looking to extend its global footprint through affordable product pricing, market-specific launches, and the appointment of Hollywood star Elizabeth Olsen as its latest ambassador.
Italian brand Toiletpaper Beauty’s booming first foray into Asia has given its expansion plans a confidence boost, as it makes headway in broadening its product line-up to include fragrances and potentially colour cosmetics.
Hong Kong cosmetics retailer Sa Sa could leverage its pricing strategies to attract price-sensitive consumers in South East Asia, who are increasingly prudent about spending on cosmetics, says an analyst.
Soapbox recently released its latest collection of collagen-based bond-builder products online and in Walmart locations across the US, satisfying consumer demand for naturally formulated restorative hair care options.
A leading supplier of ashwagandha is eyeing untapped potential in the beauty and personal care market where it believes it can satiate demands for high-performing natural ingredients in both skin and hair care.
Indian beauty brand Saba Personal Care is hoping that its combination of halal and vegan products will broaden its appeal beyond Muslim consumers and steal a march on the MNCs that are yet to truly exploit such categories.
Singapore indie brand Slow Rituals has detailed plans to expand its self-care product range into hair care, and is targeting local partnerships for more sustainable sourcing, packaging, and distribution.
Indonesia’s Mad for Makeup has detailed how it is in benefiting from its 1,000 plus members’ social club for to aid new product development for its acne-friendly cosmetics, and to deliver additional marketing clout.
India’s Juicy Cosmetics says its organic colour cosmetics range is contributing to 30% of its revenue, just four months after its launch, with the firm revealing plans to debut more ‘technology-driven products’ and boost offline touchpoints to bolster...
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