In the debut instalment of our How to win over series, we explore the thriving Indian beauty market to reveal the product development, sourcing, marketing and business strategies for success with expert insights from the biggest brands, thriving start-ups...
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.
Amorepacific is taking a three-pronged approach for growth in 2022, including strengthening its branding and digital efforts, while also restructuring the business.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Yatsen Holdings, the firm behind popular make-up brand Perfect Diary, is channelling its efforts and resources into skin care, where it believes will be key to the firm's future growth.
L’Occitane International has recorded sales growth of 23% in China during the first half of its 2022 fiscal year aided by investments and new launches of core brand L’Occitane en Provence.
Singapore-based acne care brand Skinlycious has recently launched in the US market and is seeking an international retail partner that can help the brand achieve its goal of becoming the ‘top’ acne care brand in the world.
Indian beauty e-tailer and brand owner Purplle is set to make significant investments into technology that help them identify emerging trends well ahead of the market, after completing a U$75m funding drive.
Cosmeceutical company Fixderma is looking to expand the global reach of its derma beauty brand FCL with the help of Lotus Herbals, which recently acquired a 32% stake in the company.
French beauty company L’Oréal believes that China’s policies aimed at bridging the widening wealth gap will ultimately be a boon for the beauty industry.
Kosé Corporation has entered a partnership with spa group Aman Group to showcase Decorté in a series of exclusive facial and body treatments as it strives to turn the brand into a global prestige beauty powerhouse.
The encouraging prospect of luxury beauty in South East Asia is pushing retailer escentials to embark on a regional expansion despite the impact of COVID-19.
Cosmetics major Lush will close all global social media accounts across Instagram, Facebook, TikTok and Snapchat this month, stating they will remain closed until the platforms provide a safer environment for users.
Johnson & Johnson (J&J) will become more competitive in personal care after the carve out of its consumer health business, particularly if it invests in personalised and premium NPD, an analyst says.
Japanese beauty and personal giant Shiseido will be making “aggressive marketing investments” in the fourth quarter to capitalise on what it believes is the beginning of market recovery from this year’s COVID-19 resurgence.
Honey Girl Organics, a company that uses bee-derived products, was fast-tracked to enter China’s beauty market after winning over Alibaba in the firm’s second annual Go Global 11.11 Pitch Fest.
India’s Forest Essentials believes its launch with UK beauty e-tailer lookfantastic will help it to boost its international appeal as prepares to expand its footprint to the Middle East, South East Asia and the US in the next few years.
Personal care titan Johnson & Johnson (J&J) will split out its consumer health business to create a new publicly traded company, part of its wider plan to pursue more targeted growth strategies.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the reasons behind Amorepacific’s stake in COSRX, L’Occitane Q2 sales rebound and more.
New skin care brand iORA from Anita’s Aromatics has set up an Amazon storefront to boost online sales in India having recently launched a prebiotic skin care range.
Japanese cosmetics company Shiseido has recorded a 194.8% surge in operating profits as sales grew in all regions except for its home market thanks to its skin beauty and prestige brands, as well as the strength of its e-commerce business.
The Estée Lauder Companies recorded organic net sales growth of 10% in Asia Pacific despite the wave of COVID-triggered lockdowns that hit the region, driven by the strong performance of China and South Korea.
Japanese cosmetics firm Kosé Corp is expecting the performance of Tarte Cosmetics to be “better than expected” this year and has plotted strategies to maintain the brand’s post-pandemic recovery.
Pola Orbis has reported that its beauty business saw a 45.7% increase in operating profits in its latest quarter as POLA recorded robust growth overseas and on local online channels.
South Korean conglomerate LG Household & Health Care has reported a 2.9% dip in sales triggered by the logistics crisis brought about by the COVID-19 pandemic.
Hong Kong-listed L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic thanks to the performance of key brands, online sales and offline recovery.
India-based e-commerce platform MensXP has its sights set on becoming the Sephora of the Indian male grooming market and has laid out a three-pronged strategy to achieve it.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for the first quarter (Q1) of fiscal 2022, though profits suffered due to a challenging cost environment – an ongoing issue it plans to overcome with price hikes.
New Zealand supplements and skin care brand Me Today is preparing to launch into 22 Biople stores in Japan next month, following the recent expansion into Irish pharmacies.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the POLA’s success in China, O’right Japan expansion and more.
UK-Singapore headquartered biotech startup Sequential Skin has secured more funding in its latest seed round that it plans to use for global expansion of its at-home skin diagnostics patch, in both a B2B and D2C capacity, its CEO says.
India’s newly-formed digital cosmetics outfit Good Glamm Group is planning to acquire four to six more digitally-led beauty brands after receiving an infusion of funding.