Business & Financial

Singaporean brand with spray-able serum eyes international expansion

26-Feb-2019 By Amanda Lim

Singaporean clean beauty brand IRÉN is finalising its plans to enter the European and Japanese markets, just a year after its launch.

Givaudan boosts its presence in APAC with $15m fragrance encapsulation centre in Singapore

25-Feb-2019 By Amanda Lim

Fragrance and flavours firm Givaudan has unveiled its first fragrance encapsulation centre in Singapore for the Asia Pacific market.

AmorePacific signs deal with A.S. Watson to distribute premium beauty brands

25-Feb-2019 By Amanda Lim

AmorePacific Group is entering into a global strategic partnership with retailer A.S. Watson Group to accelerate new market expansion for its premium brands.

Aussie olive oil skin care brand seeks expansion into Chinese market

20-Feb-2019 By Amanda Lim

Australian natural beauty brand Olieve & OIie is looking to expand overseas and is setting its sights on the Chinese market, on the back of rising demand from Chinese tourists,

Shiseido’s supply chain struggle: CEO estimates product shortages led to $450m sales loss

19-Feb-2019 By Amanda Lim

Shiseido president and CEO Masahiko Uotani has revealed the firm lost around ¥40bn ($363m) to ¥50bn ($450m) in sales due to product shortages.

Nouryon expands operations in India amid projections of double-digit personal care growth

19-Feb-2019 By Amanda Lim

Speciality chemicals company Nouryon has opened a new headquarters office and research centre to support its operations in India.

Sales slump at Jurlique pulls down Pola Orbis performance

19-Feb-2019 By Amanda Lim

Sales of botanical-based skin care brand Jurlique suffered from an 18.7% decrease, affecting the overall performance of Pola Orbis Holdings.

Kao underlines sustainability focus with new environmental, social and governance strategy

14-Feb-2019 By Amanda Lim

Kao Corporation has been recognised for work in sustainability with three awards for its work in the area as it prepares to launch new environmental, social and governance strategy.

Shiseido sales surpass 1 trillion yen, but fall short of targets

13-Feb-2019 By Amanda Lim

Shiseido’s net profit, operating profit and sales all reached record highs over the last financial year, marking a second year of double-digit growth.

L’Oréal results thrive thanks to strong demand from Chinese consumers

12-Feb-2019 By Amanda Lim

L’Oréal’s luxury beauty division has seen double-digit growth in China, helping the French cosmetics company to record its best year in a decade.

Model behaviour: A.S. Watson credits product launch successes to predictive modelling

11-Feb-2019 By Amanda Lim

International health and beauty giant A.S. Watson Group says its use of predictive modelling technology has been instrumental to boosting the success of its product launches.

Kao breaks financial records but fails to reach forecasted goals

11-Feb-2019 By Amanda Lim

Kao Corporation posted record high profits and operating income but was not able to achieve its forecasted goals.

Estée Lauder sales soar past $1bn in Asia as China spends big on beauty

08-Feb-2019 By Amanda Lim

The Estée Lauder Companies announced that beauty sales in Asia-Pacific grew by 20%, offsetting a North American sales tumble.

AmorePacific performance suffers from weak domestic demand

05-Feb-2019 By Amanda Lim

AmorePacific Group’s said its performance in 2018 suffered because of weak domestic demand, fierce competition and increased labour costs.

Korean wave effect: K-Beauty accounts for $4.8bn of nation’s SME exports in 2018

05-Feb-2019 By Amanda Lim

The cosmetics category grew a sharp 27.7% to $4.8bn in 2018 among Korea’s start-ups and SMEs, cementing its position as the third-largest export category.