Products that instantly impress and brand communication that helps shape beauty and personal care usage will be key to driving superiority growth for Procter & Gamble, says its chief financial officer (CFO).
A UK-based start-up founded by a couple of Oxford scientists is targeting business-to-business (B2B) and direct-to-consumer (DTC) opportunities in the Asia Pacific skin care market with its novel sun care solution.
Beauty major Coty is utilising consumer insights from Chloe’s LazMall launch to fine-tune Hugo BOSS’s debut on the South East Asian e-commerce platform.
South Korean multinational LG Household & Healthcare has reported a 7% decline in Singles’ Day sales this year, which it attributed to dampened consumer sentiment in China.
New climate targets will see multinational beauty manufacturer Coty getting more ambitious in its efforts to reduce greenhouse gas emissions and energy usage.
In this 2022 round-up, we recap our top stories on the beauty business, featuring some of the biggest names in beauty such as Amorepacific, Coty, L’Oréal and more.
The Global Shea Alliance (GSA) is aiming to connect cosmetic brands from Asia Pacific directly with the rural producers of shea butter to better the social and economic standings of African women and their families.
Forestwise, a supplier of wild harvest ingredient from the rainforest, is aiming to secure multinational customers from the cosmetics and food industry in order to better support the community.
Turkey-based make-up brand Note Cosmetique is refreshing its attempt at expand in Asia Pacific and has its eyes on China, India, Indonesia, as colour cosmetics continues to show promising recovery post-pandemic.
Chinese colour cosmetics brand Perfect Diary is innovating in the facial complexion category to drive the brand’s turnaround as make-up continues to decline in China.
Japanese beauty company Kosé Corporation says it is waiting for China’s economy to recover from the disruptions brought about by Beijing’s zero-COIVD policies before it moves forward with plans to expand Decorté’s retail footprint in the country.
If the beauty industry wants to create real change it needs to shift how it defines its moving parts, and thinking of beauty consumers as beauty citizens could be the first step, says the chair of the B Corp Beauty Coalition supervisory board.
The fragrance category has evolved to become an essential category for wellness as well as self-expression, according to exclusive insights from major players Coty and L’Oréal, along with a line-up of exciting niche labels.
CosmeticsDesign caught up with Brinn Garner, Chief Revenue Officer, and Salima Popatia, Chief Digital Officer at Orveon Global, to hear about what the beauty industry can expect this holiday season.
Gulf markets offer a huge opportunity for online beauty sales due to rising demand from young consumers, claims the firm behind Nykaa, an e-commerce outfit that has enjoyed significant success in India.
Johnson & Johnson skin care brand Dr.Ci:Labo has deployed a raft of digital innovations at its latest China store as it seeks to bridge the offline and online worlds as part of a three-year strategy to build brand awareness in the country.
Coty-owned skin care brand Lancaster saw sales on Hainan Island multiply by five year-on-year, boosting the beauty major’s confidence in building its skin care presence in China.
We round up the most recent developments in the exciting Chinese beauty market, featuring news updates from Estée Lauder, L’Occitane, Pola Orbis and more.
Evereden has signed a deal with Sephora that will see its multi-generational skin care products on-shelf in five Asian markets – with the firm planning to ‘disrupt’ the APAC market by reaching millennial and Gen Z audiences.
Japanese cosmetics company Pola Orbis said China’s strict COVID-19 policies would have no impact on its plans to continue expanding POLA in China, noting that its luxury brand has a lot of potential with younger consumers and the second- and third-tier...
Beauty titan Estée Lauder Companies is expecting a slow recovery in China’s crucial travel retail hotspot of Hainan and does not anticipate things to be “fully back to normal” by the next fiscal year, said its CFO.
A Helsinki-based firm that has developed a microbiome-restoring extract is eyeing opportunities in the South Korean beauty market, which it believes will serve as a springboard to the wider Asia Pacific region.
Thai beauty brand Mistine is aiming to grow its colour cosmetics category in China and has identified eye make-up and complexion products as its biggest opportunities.
L’Occitane International has reported that Asia Pacific grew by 1.9% at constant rates in the first half (H1), led by Hong Kong, Australia, and Malaysia, helping to offset the second consecutive quarter of double-digit declines for China.
Contract manufacturer Voyant has launched a new division intended to identify the most promising indie brands and partner with them up until acquisition.
Sa Sa Malaysia has recovered to 77.4% of pre-pandemic levels, reflecting the positive impact of the relaxation of pandemic measures that came into effect across the country in April.
The double whammy of lockdowns hitting offline sales in China and tighter government regulations on e-commerce influencers stifling online sales are continuing to hit the beauty trade in the country, according to Korean powerhouse LG H&H.
More than 30,000 sq m of dedicated cosmetics and perfumes space, featuring brands such as Shiseido, Dior and Estée Lauder, has been officially unveiled at the world’s largest duty free complex in Hainan, China
K-beauty major Amorepacific is extending its partnership with Japanese retail and media company istyle by launching Innisfree at the @cosme TOKYO flagship store this month.
French-headquartered venture capital firm Seventure Partners plans to unlock a third wave of microbiome innovation funds next year, aiming to invest €300 million in more than 20 cutting-edge companies, its CEO says.
Indian consumer goods giant Hindustan Unilever (HUL) is seeing the colour cosmetics category steadily recovering to 2019 pre-pandemic levels as India loosens COVID-19 restrictions.
P’URE Papayacare is set to launch its baby care range in China next year after gaining regulatory approval, as its parent company – Australian manufacturer G&M Cosmetics – doubles down on Asia expansion.
International beauty major L’Oréal has reported a worldwide surge in sales for the third quarter (Q3) of 2022, capturing growth across all divisions but especially active cosmetics, despite inflationary pressures in many countries.
Skin care brand Meeth is furthering its global ambitions by making entry into Spain, where it believes it can excite beauty consumers with its novel Japanese products.
Unilever-owned Dove has unveiled a global campaign designed to drive diversity in virtual beauty, collaborating with game developers and a gaming charity to catalyse change and improve female representation in the gaming world.
Beauty retail major Sephora is set to absorb prestige beauty e-commerce player Feelunique’s domain this week, kickstarting the start of its wider UK market re-entry plans.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight L’Oreal’s acquisition of Documents, Cathy Doll’s premiumisation plans and more.
The beauty and personal care industry must today respond to converging global crises and ensure ethical integrity in every part of the value chain to protect the future of the planet, people and business, says British environmentalist Sir Jonathon Porritt.
Singapore-based oral care brand Pearlie White set to focus on expanding into Central Asia after recently obtaining halal certification for its products and manufacturing facility.
A newly established New Zealand-based brand that uses deer placenta is hoping to break into the South East Asian market, where it believes its science-backed premium products will thrive in beauty salon and clinic channels.
The addition of a high-end homegrown C-beauty brand with a Gen Z following to its portfolio is precisely what L’Oréal needs to stay at the top of its game in the Asian market, says a leading market expert.
SuperOrdinary paved its way in beauty helping US brands move into the Chinese market, and as Honest Co begins that journey lessons can be learned by the industry.
South Korean cosmetic companies Amorepacific and LG Household & Healthcare (LG H&H) are turning their gaze westwards to the US for new opportunities as growth prospects in China dampen.
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![New start-up targets Asia Pacific skin care market with its novel sun care solution. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/start-up-with-novel-sun-care-discovery-seeks-b2b-and-dtc-opportunities/16003118-1-eng-GB/Start-up-with-novel-sun-care-discovery-seeks-B2B-and-DTC-opportunities.jpg)
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![Coty has focused its future sustainability actions around key 'hotspots' in its business model [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2022/12/12/coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging/16016546-1-eng-GB/Coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging.jpg)
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![L’Oréal’s China investment company had taken a minority stake in Chinese fragrance brand Documents. [Documents]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-china-documents-deal-represents-strategy-change-for-l-oreal/15827013-1-eng-GB/L-Oreal-China-Documents-deal-represents-strategy-change-for-L-Oreal.jpg)
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