Beauty brands looking to tapping into the growing Vietnam market may have more opportunities following the government’s announcement that it plans to focus on developing its e-commerce sector in the wake of the novel coronavirus (COVID-19) outbreak.
Global flavour and fragrance major Givaudan has completed the acquisition of Italian botanical specialist Indena and announced plans to acquire French biotech firm Alderys – all part of a wider drive to strengthen active beauty capabilities.
The European Organization of Cosmetic Ingredients Industries and Services (UNITIS) has called on tradeshow organisers to cancel all 2020 cosmetics events, stating a need to remain sensitive to the reality and constraints currently facing industry.
A Singapore-based beauty tech start-up has been using the downtime from the novel coronavirus (COVID-19) pandemic to develop an AI-powered hair analysis tool which it believes will be in demand when the market recovers from the outbreak.
The ongoing coronavirus (COVID-19) pandemic has changed the face of beauty business as we know it, and a dig into the financials shows some majors and categories have weathered the storm better than others.
The announcement comes less than one month after a judge’s ruling opened the door to thousands of lawsuits against the multinational medical and CPG company; but Johnson & Johnson attributes the decision to a COVID-19 portfolio assessment.
A round-up on our top stories on China’s lucrative personal care market, featuring the L’Oréal’s rebound in China, Shiseido’s new investment in Oriental Beauty Valley, Azelis’ acquisition of CosBond and more.