In a landscape of fluctuating consumer trust amidst, blockchain technology provides beauty a means to offer full transparency around sustainable product claims, says the MD of Provenance.
Beauty major Coty is aiming to grow its skin care business in China on the back of premiumisation and ‘healthification’ trends it has observed in the market.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight developments from L’Occitane, Hourglass, HUL and more.
Indian beauty retailer Nykaa is set to unveil 50 more physical stores this year to strengthen its brick-and-mortar network and secure long-term growth opportunities in the burgeoning domestic market.
The skinification of hair care marks a new dawn for the sector and heightened expectations from savvy Asian consumers will push innovation forward, according to exclusive insights from Kosé, Nuggela & Sulé, Verdure, and many more hair care players.
An Australian fragrance start-up offering designer-inspired fragrance oils believes its business can scale and succeed in overseas markets in Asia, Europe, and North America.
Japanese beauty major Shiseido will start to prioritise strategic investments in three key areas – brands, innovation and people – to drive revenue growth, according to its CEO.
South Korean beauty retailer Olive Young has reported that 19 small and medium-sized beauty brands exceeded KRW10bn (USD7.9m) in annual sales for the first time in 2022.
L’Oréal chief says India’s booming beauty market could potentially be its next billion-dollar market as middle-class population doubles in next five to 10 years.
Boston-based private equity firm Yellow Wood Partners has acquired the North American operations of Unilever-owned personal care brand Suave as the European consumer goods major continues to divest parts of its beauty portfolio.
Estée Lauder Companies president and CEO Fabrizio Freda has pegged skin care, fragrance, and luxury hair care as key drivers of growth in China as it moves away from last year’s COVID-19 troubles.
Unilever subsidiary Hindustan Unilever (HUL) says that its beauty and personal care business has grown thanks to new product launches, which helped to mitigate the slump of its winter skin care line-up.
Consumer goods major Unilever has reported a net profit surge for the full year of 2022, led by strong growth in its recently carved out beauty and wellbeing division and good business in the Americas.
Sa Sa’s CEO says the easing of social distancing measures in Hong Kong has improved consumer sentiment and consequently improved sales despite now having fewer storefronts.
South Korean major LG Household & Health Care (LG H&H) has attributed the 27.7% sales decline of its beauty business mainly to the disruptions brought about by Beijing’s zero-COIVD policy.
Hong Kong-listed L’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022 due to challenges related to COVID-19 in China and Japan.
The Fragrance Creators Association has unveiled a Data Insight Program designed to track and predict US trends, ultimately empowering its members to make market-relevant decisions, says its president and CEO Farah K. Ahmed.
K-beauty giant Amorepacific records revenue growth of 83% and 37% in North America and Europe respectively in 2022 as China and South Korea markets report declines.
Personal care major Johnson & Johnson (J&J) has reported a net profit dip for the full year and last quarter of 2022 amidst ongoing macroeconomic challenges, though its CEO remains focused on heavy R&D investment.
Check out our recap of the most-read beauty and personal care stories of January 2023 – featuring our analysis into 2023 beauty trends, regulation, and emerging markets.
Italian beauty brand Teaology believes its business in Asia could surpass Europe in just a “couple of years” in line with the company’s five-year plan to expand its global footprint.
French beauty continues to fast evolve, with impressive tech innovation leading plenty of change that warrants a global spotlight and stage, says the deputy CEO of competitiveness cluster Cosmetic Valley.
Personal care major Beiersdorf has extended its joint commitment with the World Wildlife Fund for Nature (WWF) in Indonesia, aiming to halt deforestation in Borneo and certify 200 smallholders with the Roundtable on Sustainable Palm Oil (RSPO) on the...
Sino-British start-up Yao Secret is targeting Europe, Australia and Singapore to capitalise on the sustainable beauty movement with its solid shampoo bars made with fermented rice water sourced from the Yao tribe of Guangxi, China.
South Korean health and beauty retailer Olive Young says smaller domestic beauty brands are booming and proving key to the success of the K-beauty industry globally.
K-beauty brand Tolymoly’s efforts to strengthen its digital capabilities are yielding good results as sales from its online business, including its own e-commerce platform see growth.
Indian content-to-commerce conglomerate The Good Glamm Group is eyeing the acquisition of a men’s personal care brand, after snapping up more than 12 companies in the past two years ahead of a hoped-for public listing in 2024.
A 128-year-old Turkish fragrance house is set to expand offline in China in 2023 and is planning to offer its signature bespoke services to cater to the heightened appreciation for “personalisation and craftsmanship”.
South Korean multinational LG Household & Health Care will be emphasising on its business in China and North America in a bid to reinforce its presence on the global stage, says its new president and CEO.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight Kao’s price hikes, The Balm’s APAC push, Kosé hesitance on China and more.
In 2022, CosmeticsDesign-Asia introduced the How to win over… series of features that dived deep into the analysis of key markets, categories and consumer segments. Just in case you missed it, we’ve collated the whole series all in one place.
International beauty major L’Oréal has acquired a minority stake in Korean temporary tattoo tech startup Prinker to fast-forward its vision of advancing beauty tech that empowers self-expression.
Spanish hair care brand Nuggela & Sulé believes the time is ripe to further expand its presence in the Asia Pacific region as demand for products that both care for the hair and scalp increases.
Australian beauty brand Mary Grace has given its packaging a facelift and is embarking on an NPD drive, as it readies itself to set foot into overseas markets.
We speak to leading beauty and personal care brands to glean insights on three emerging markets – Vietnam, the Middle East and Central Asia – to see what 2023 has in store for the industry.
Missed our social media updates? Check out the highlights in our round-up of the most popular stories on our social media channels this year, featuring exciting new product developments, biggest beauty trends, and more.
We take a look back at our most-read stories from the past year, featuring insights on the hottest trends, news from the biggest brands, in-depth consumer analysis and more!
Lotus Herbals, which specialises in make-up and personal care products, has entered the nutraceutical space via an investment in local health supplement start-up Yogic Secrets.
Logistical challenges and energy struggles are plaguing smaller independent beauty brands such as Shakeup Cosmetics, which says it is doing as much as it can not to pass on rising costs to its consumers.
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.