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.
Sisley aims to grow “faster than the market” in Asia on the back of multiple opportunities across the region including Japan expansion and makeup potential, says its top Asia exec.
South Korean travel retailer Lotte Duty Free has invested in a government-backed project that supports local brands in entering and gaining presence in the Japanese market.
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.
The Chinese consumer is reining in previously impulsive buying habits and prioritising efficacy and functionality, says a top executive from Yatsen Holdings
The Cosmetic, Toiletry and Fragrance Association of Singapore (CTFAS) is set to launch the CTFAS Academy, which it hopes will elevate cosmetics industry standards in Singapore.
The decade old brand, known for its diverse range of hair color options, has just announced it will now be available in over 1,500 Walmart stores and online.
Aveda believes that the interest in prestige beauty, green chemistry, and vegan products in Vietnam will stand it in good stead in the rapidly emerging South East Asian market.
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.
Vegreen has launched its first waterless Vitamin C ampoule, believing extensive education on product use and effectiveness is key to overcoming consumer reluctance in the category.
L’Oréal Professional has launched Redken in India to fulfil the growing demand for specialised solutions across colour, styling, and care in the hair care market.
The partnership agreement seeks to further expand the reach of successful adidas Active Skin and Mind Range products into China after its European launch last year.
German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
In this round-up of business and financial updates in the APAC cosmetics industry, we highlight developments from Beiersdorf, L’Oreal, Amorepacific, and more.
German personal care brand NIVEA recorded strong growth in the second quarter (Q2) fuelled by innovation in sun and lip care products, with Japan performing particularly well.
The post-pandemic awareness for health and well-being has “opened new doors” for traditional Chinese medicine-beauty brand Botanic Pretti5 to expand into the US and Singapore.
Personalised fragrance house Maison 21G has developed a new concept for its travel retail debut based on the data it has captured on scent preferences across Asia.
Chicnutrix capitalises on South Korean beauty manufacturing expertise to develop a skin care line that could meet consumer demand for holistic solutions.
American sun care brand Supergoop! is targeting a stronger foothold in Australia and the Middle East, following recent successes in South East Asia (SEA) and Europe.
The company is spearheading expansion efforts on the backs of CES Innovation Award winning Authentic Color Master by Tonework technology and the launch of custom skin care brand Custom.me.
A Malaysian derma beauty brand is investing in clinical trials to strengthen its product claims and brand position in an increasingly demanding skin care market.
South Korea’s Ministry of Food and Drug Safety (MFDS) plans to intensify its market diversification strategies and tap into promising growth in South East Asia and Europe, as China exports dip.
French beauty company L’Occitane has outlined marketing plans for brands L’Occitane en Provence and Elemis, particularly in the rebounding Chinese market.
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.
Australian prebiotics hair care brand Straand is looking to enter South East Asia, China, Europe and the US this year on the back of funding from Unilever’s venture arm.
K-beauty brand Dr. G is continuing to expand in South East Asia with a new store in Malaysia, where its sunscreen range is enjoying significant success.
Korean cosmetics giant Amorepacific’s Laneige has recently accelerated its global expansion footsteps into the UK and Middle East, underscoring the shift in target markets of K-beauty brands.
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.
Voir Haircare has partnered with India’s online beauty marketplace Cossouq to benefit from growing demand for scalp care and multipurpose haircare products among Indian consumers.
![An extensive network of brick-and-mortar stores will be crucial in attracting global brands to India. [Nykaa]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/nykaa-beauty-chief-says-extensive-physical-store-network-crucial-in-attracting-global-beauty-to-india/16757597-1-eng-GB/Nykaa-beauty-chief-says-extensive-physical-store-network-crucial-in-attracting-global-beauty-to-India.jpg)
![Sisley aims to grow “faster than the market” in Asia on the back of multiple opportunities across the region. [Sisley]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/sisley-aims-to-outpace-asia-beauty-market-growth/16714769-1-eng-GB/Sisley-aims-to-outpace-Asia-beauty-market-growth.jpg)
![Dot & Key has grown five times over the past couple of years after repositioning it to attract mass market audiences. [Dot & Key]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/dot-key-grows-five-fold-since-2021-on-the-back-of-repricing-efforts/16714823-1-eng-GB/Dot-Key-grows-five-fold-since-2021-on-the-back-of-repricing-efforts.jpg)
![Coty is targeting further growth for Burberry Beauty in China after recent successes in makeup and fragrance. [Burberry Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-ceo-optimistic-of-further-growth-for-burberry-beauty-in-china/16691681-1-eng-GB/Coty-CEO-optimistic-of-further-growth-for-Burberry-Beauty-in-China.jpg)
![The Chinese consumer is reining previously impulsive buying habits and prioritising efficacy and functionality. [Perfect Diary]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/09/05/chinese-beauty-consumers-behaviour-becoming-more-rational-yatsen/16691582-1-eng-GB/Chinese-beauty-consumers-behaviour-becoming-more-rational-Yatsen.jpg)
![Estée Lauder has recorded a growth of 50% in India over the past year thanks to the success of The Ordinary launch. [The Ordinary]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-sees-india-sales-soar-50-on-the-back-of-the-ordinary/16683713-1-eng-GB/Estee-Lauder-sees-India-sales-soar-50-on-the-back-of-The-Ordinary.jpg)
![CTFAS is set to launch the CTFAS Academy, which it hopes will elevate cosmetics industry standards in Singapore. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/ctfas-academy-singapore-industry-association-aims-to-uplift-local-cosmetics-sector-with-new-programme-launching-in-october/16654427-1-eng-GB/CTFAS-Academy-Singapore-industry-association-aims-to-uplift-local-cosmetics-sector-with-new-programme-launching-in-October.jpg)
![Aveda believes that the interest in prestige beauty, green chemistry and vegan products in Vietnam will stand it in good stead in the rapidly emerging South East Asian market. [LUXASIA]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/08/29/aveda-anticipates-unlimited-potential-and-growth-in-vietnam/16691750-4-eng-GB/Aveda-anticipates-unlimited-potential-and-growth-in-Vietnam.jpg)
![Joon Haircare is seeking distribution among South East Asian hair salons to reinforce its position as a professional-level hair care brand. [Joon]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/joon-haircare-says-entry-into-sea-salon-channels-important-to-cement-legitimacy/16654319-1-eng-GB/Joon-Haircare-says-entry-into-SEA-salon-channels-important-to-cement-legitimacy.jpg)
![Kao'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. [Bondi Sands]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/08/28/kao-s-acquisition-of-bondi-sands-shows-foresight-in-uncertain-times-consumer-analyst/16686434-3-eng-GB/Kao-s-acquisition-of-Bondi-Sands-shows-foresight-in-uncertain-times-consumer-analyst.png)
![L’Oréal Professional has launched Redken in India to fulfil the growing demand for specialised solutions. [Redken]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-bets-on-redken-to-satisfy-indian-consumers-need-for-individualisation-and-experimentation/16670996-1-eng-GB/L-Oreal-bets-on-Redken-to-satisfy-Indian-consumers-need-for-individualisation-and-experimentation.jpg)
![Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s sales decline. [La Prairie]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/la-prairie-h1-sales-decline-attributed-to-diagou-woes-in-china-and-korea/16648727-1-eng-GB/La-Prairie-H1-sales-decline-attributed-to-diagou-woes-in-China-and-Korea.jpg)
![ASW is aiming to return to its pre-COVID form of expanding its brick-and-mortar network by 1,000 stores a year. [A.S. Watson]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/a.s.-watson-aims-to-open-1-000-stores-a-year-as-market-returns-to-normality/16648547-1-eng-GB/A.S.-Watson-aims-to-open-1-000-stores-a-year-as-market-returns-to-normality.jpg)
![We highlight business developments from Beiersdorf, L’Oreal, Amorepacific, and more. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/08/18/beiersdorf-l-oreal-amorepacific-in-our-beauty-business-update/16670138-1-eng-GB/Beiersdorf-L-Oreal-Amorepacific-in-our-beauty-business-update.jpg)
![Shiseido COO says that there needs to be fundamental business model changes to bring Japan back to growth. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-s-japan-business-at-risk-without-major-reforms-coo/16654373-1-eng-GB/Shiseido-s-Japan-business-at-risk-without-major-reforms-COO.jpg)
![NIVEA recorded strong growth in the second quarter (Q2) fuelled by innovation in sun and lip care products, with Japan performing particularly well. [NIVEA]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/nivea-japan-records-strongest-quarter-on-the-back-on-sun-and-lip-care/16649060-1-eng-GB/NIVEA-Japan-records-strongest-quarter-on-the-back-on-sun-and-lip-care.jpg)
![Botanic Pretti5 targets US, Singapore expansion. [Pretti5]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/botanic-pretti5-eyes-us-singapore-expansion-on-the-back-of-global-interest-in-tcm/16601874-1-eng-GB/Botanic-Pretti5-eyes-US-Singapore-expansion-on-the-back-of-global-interest-in-TCM.jpg)
![Maison 21G has developed a new concept for its travel retail debut based on the data it has captured on scent preferences across Asia. [Maison 21G]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/08/08/singapore-s-maison-21g-duty-free-debut-underpinned-by-big-data-capabilities/16632483-1-eng-GB/Singapore-s-Maison-21G-duty-free-debut-underpinned-by-big-data-capabilities.jpg)
![L’Oréal chief says consumer consumption and confidence is improving in China but cautions that the recovery process will be slower than expected. [Helena Rubinstein]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-ceo-sees-clear-signs-of-consumption-recovery-in-china/16620570-2-eng-GB/L-Oreal-CEO-sees-clear-signs-of-consumption-recovery-in-China.jpg)
![Grown Alchemist is set to make its South East Asian debut in September. [Grown Alchemist]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/grown-alchemist-furthers-asia-expansion-with-sephora-sea-launch/16611420-1-eng-GB/Grown-Alchemist-furthers-Asia-expansion-with-Sephora-SEA-launch.jpg)
![Jindal Drugs sees untapped opportunities among new oral care brands. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/indie-oral-care-mint-producer-eyeing-new-opportunities-among-new-players/16590624-1-eng-GB/Indie-oral-care-Mint-producer-eyeing-new-opportunities-among-new-players.jpg)
![[Olive Young]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/cj-olive-young-strengthens-premium-position-with-new-retail-brand/16625184-1-eng-GB/CJ-Olive-Young-strengthens-premium-position-with-new-retail-brand.jpg)
![Amorepacific blames subdued second-quarter (Q2) domestic sales for lacklustre results. [Sulwhasoo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/amorepacific-q2-revenues-hampered-by-domestic-sluggishness/16620516-1-eng-GB/Amorepacific-Q2-revenues-hampered-by-domestic-sluggishness.jpg)
![Florihana is pushing to expand in South Korea to tap into the consumer demand for natural fragrances. [Florihana]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/07/17/florihana-targets-korea-on-the-back-of-increasing-demand-for-naturals-in-skin-care-fragrance/16578957-1-eng-GB/Florihana-targets-Korea-on-the-back-of-increasing-demand-for-naturals-in-skin-care-fragrance.jpg)
![Sa Sa records 53.3% turnover increase in Hong Kong and Macau as more tourists return to its home market in Q1. [Sa Sa]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/sa-sa-q1-buoyed-by-return-of-tourists-to-hk-macau/16590354-1-eng-GB/Sa-Sa-Q1-buoyed-by-return-of-tourists-to-HK-Macau.png)
![L’Occitane has outlined marketing plans for brands L’Occitane en Provence and Elemis, particularly in the rebounding Chinese market. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-ceo-outlines-china-plans-for-l-occitane-en-provence-elemis/16552433-1-eng-GB/L-Occitane-CEO-outlines-China-plans-for-L-Occitane-en-Provence-Elemis.jpg)
![Aura Prestige is aiming to further expand its footprint in SEA. [Aura Prestige]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/aura-prestige-eyes-big-time-growth-on-the-back-of-niche-fragrance-boom-in-sea/16502120-1-eng-GB/Aura-Prestige-eyes-big-time-growth-on-the-back-of-niche-fragrance-boom-in-SEA.jpg)
![Dr. G is continuing to expand in South East Asia with a new store in Malaysia. [Dr. G]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/dr.-g-doubles-down-on-sea-expansion-on-the-back-of-sunscreen-popularity/16498790-1-eng-GB/Dr.-G-doubles-down-on-SEA-expansion-on-the-back-of-sunscreen-popularity.jpg)
![Lancaster is capitalising on the immense popularity of Douyin and livestreaming, bypassing Tmall. [Lancaster]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/tmall-vs-douyin-lancaster-finds-success-in-china-with-douyin-instead-of-tmall/16501832-1-eng-GB/Tmall-vs-Douyin-Lancaster-finds-success-in-China-with-Douyin-instead-of-Tmall.jpg)
![Top five stories trending on our socials featuring La Prairie’ daigou woes, Aveda’s Vietnam potential, and more. [La Prairie]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/hot-topics-top-five-beauty-stories-trending-on-our-socials/16769711-1-eng-GB/Hot-topics-Top-five-beauty-stories-trending-on-our-socials.jpg)
![IRÉN Shizen has relaunched its brand after discovering what it claims are the unique properties of a plant-derived moor hot spring. [IRÉN Shizen]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/iren-shizen-refreshes-brand-on-the-back-of-new-onsen-inspired-complex/16744526-1-eng-GB/IREN-Shizen-refreshes-brand-on-the-back-of-new-onsen-inspired-complex.jpg)
![SK-II’s latest research into skin ageing has revealed data that it claims enhances the relevance of its hero ingredient, PITERA, to a younger demographic of skin care consumers. [SK-II]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/09/20/sk-ii-s-latest-breakthrough-boosts-pitera-relevance-to-younger-consumers/16721360-3-eng-GB/SK-II-s-latest-breakthrough-boosts-PITERA-relevance-to-younger-consumers.jpg)
![An extensive network of brick-and-mortar stores will be crucial in attracting global brands to India. [Nykaa]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/nykaa-beauty-chief-says-extensive-physical-store-network-crucial-in-attracting-global-beauty-to-india/16757597-1-eng-GB/Nykaa-beauty-chief-says-extensive-physical-store-network-crucial-in-attracting-global-beauty-to-India.jpg)