Several Korean indie beauty brands recently announced their overseas expansion activities, with collaboration with distributors and entry into new high-potential markets being their key strategies.
Unilever’s Indian subsidiary anticipates exponential growth in beauty touting its robust portfolio of brands that will include mass, premium, and prestige brands.
Shiseido’s decision to add cosmeceutical brand Dr. Dennis Gross to its portfolio could have been influenced by the increasing ‘medicalisation’ of beauty, says one analyst.
A consortium of 15 cosmetics companies have joined together to create the TRaceability Alliance for Sustainable CosmEtics (TRASCE), to enhance traceability in major ingredient and packaging supply chains across the beauty and personal care industry.
South Korea’s LG Household & Health Care is planning to debut its luxury beauty brand The Whoo in the US this year as part of its “growth transformation” plans, says its CEO.
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L'Oréal's venture capital fund BOLD has just invested in Timeline, a Swiss biotech that specialises in longevity in the beauty and health sectors, as the focus on longevity grows in the beauty industry.
Beauty retail chain Sa Sa reports that online sales in Hong Kong and Macau fell by 5.6% while offline sales grew by 44.3%, signalling the firm to advance its brick-and-mortar expansion.
The luxury skin care brand’s sale provides insight into current trends in the industry space, including a shifting consumer mindset and changes in packaging and labeling, says industry expert Chris Bustamante.
Baseball star Shohei Ohtani’s endorsement of Japanese skin care brand Cosme Decorté’s Liposome series has garnered the brand more interest from men, according to new consumer insights.
South Korea-based APR Corp says its beauty device technology is the key driving force behind the company’s accelerated expansion into overseas markets, amid growing demand for cost-effective devices.
The newly founded limited liability company will focus on companies in the beauty wellness space focused on ‘novel technologies, innovative platforms, high-growth brands, and new business models.’
The $250 million acquisition will strengthen Samyang Group's personal care product ingredient manufacturing portfolio and support global market expansion efforts.
Croda says its latest state-of-the-art pastillator in Singapore aims to address the rising global demand for sustainable pastille-formats and align with beauty brands that are prioritising carbon footprint reduction.
Beauty retailer Sa Sa International has detailed how it intends to boost its presence in Singapore and Malaysia with expansion initiatives in order to foster growth in South East Asia.
South Korean conglomerate Shinsegae International is accelerating the expansion of its imported cosmetics business by striking various exclusive distribution deals for popular overseas brands and those with high growth potential.
The Dutch/Swiss ingredients company joined forces with colour trends/design company PANTONE to launch new scent: Peach Fuzz Eau de Parfum and a scented candle.
South Korean beauty retailer Shinsegae has attributed the success of brands such as Oribe, Hourglass and YUNJAC to the presence of a strong hero product to drive sales.
South Korean major LG Household & Health Care (LG H&H) is seizing opportunities to expand makeup brands Glint, Freshian, and VDL on the back of Japan’s growing interest in K-beauty.
Oral care brand Piuma Care is seeking opportunities to redefine the oral care landscape by combining science and design with its active bristle technology.
Swiss-Dutch multinational DSM-Firmenich believes its latest merger holds the potential to cultivate more impactful and emotionally resonant solutions for consumers in the cosmetic industry.
The French multinational has acquired Danish research company Lactobio, which is a leader in precision probiotics, in a bid to strengthen its leadership in microbiome research to explore new areas of cosmetic innovation.
Lucas Meyer Cosmetics has the potential to strengthen its position in Asia on the back of Clariant’s strong ‘footprint’ in the region, says the Swiss ingredients firm.
Japanese cosmetic companies Shiseido, Kosé, and Pola Orbis have reported negative growth in China due to the impact of Japan’s decision to release treated radioactive water from Fukushima.
In this round-up of beauty business updates in the APAC cosmetics industry, we highlight the developments from Estée Lauder, Beiersdorf, LG H&H and more.
We round up the most recent developments in the exciting Chinese beauty market, including MINISO fragrances, La Prairie’s Douyin debut, China’s new toothpaste regulations, Perfect Diary’s fine line-reducing lipstick, and more.
L’Oréal’s dermatological beauty division has made its first foray into India with the launch of skin care brand CeraVe, in a bid to meet the growing demand for science-backed derma beauty in the country.
Award-winning UK hair care brand Flora & Curl has just launched into Boots in the UK. We spoke to founder Rose Ovensehi about why she started the brand six years ago and how the textured hair market still hasn't reached its full potential.
Amorepacific has strengthened its arsenal of global growth engines by acquiring additional shares in South Korean skin care firm COSRX to leverage the brand’s extensive overseas reach.
Unilever's Indian subsidiary is committed to driving innovation in order to uncover potential opportunities within the nation's beauty and personal care market, says its CEO.
The rivalries between China’s stalwart and emerging e-commerce players are set to make the upcoming Singles’ Day intensely competitive in the world’s second-biggest beauty market.
Prestige beauty player Estée Lauder has revealed the extent of its current challenges after posting fourth-quarter results showing that net sales declined by 10%, sending stock prices to a six-year low.
An Australia-based fragrance house specialising in luxury vegan and cruelty-free perfumes is setting its sights on Asia after landing a deal with Sephora.
Luxury skin care brand La Prairie is set to make its debut on short-form video platform Douyin in November in bid to improve its position in China’s challenging market environment.
K-beauty brand freemay has officially entered the Japanese market following domestic success and on the back of increasing popularity of its mineral ions-infused masks.
South Korean vegan beauty brand Dear Dahlia is accelerating its expansion in Europe in Italy, Poland, and the Netherlands, ahead of its forthcoming debut in India.