German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
A luxury Ayurvedic beauty brand founded by the former chairman of Himalaya Wellness has developed a hero blend of seven oils that it claims is 10 times lighter than facial oils found on the market.
Pandemic-born beauty start-ups Mira and Oupus Organics tackle the next level of business advancement with support from consumer goods giant Procter & Gamble (P&G).
South Korean health and beauty retailer Olive Young is expecting its clean beauty brands to rake in $200m in sales this year as demand for clean products remains voracious among consumers.
Italian cosmetics company Pupa Milano is gearing up to take on the ‘huge potential’ of Asia’s beauty market with a new skin care line and new makeup innovations.
Spanish luxury beauty company Puig says it is focusing on livestreaming, pop-ups, and exclusive launches to engage with younger consumers in the travel retail channel.
Japanese consumer goods company Kao Corporation has outlined its plans to drive profit growth in its beauty business in the next quarter, including a focus on prestige beauty and makeup.
The trend of premiumisation in fragrance is moving towards the mass personal care segment and driving demand for more complex scents, says an Australian sandalwood supplier.
Wella, the hair care brand best known for its professional-level products, is aiming to develop a younger consumer base to keep up with “changing times”.
Estée Lauder’s chief has emphasised the importance of travel retail to its global beauty business despite the rebound lag in Asia that has forced it to lower its full-year sales forecast.
Beiersdorf’s luxury brand La Prairie saw sales hampered in the first quarter (Q1) due to challenging market conditions in China caused by ongoing COVID-19 pain points.
Exclusive insights from L’Oréal and The Body Shop, Orcé Cosmetics, Juicy Chemistry, and Nodspark reveal the key influences driving the changes in the rebounding colour cosmetics category in Asia Pacific.
Special Edition - Bright Beauty: Fun, Joy and Colour Across Cosmetics, Hair Care and Body Care
Beauty needs have shifted drastically since COVID-19, with consumers turning to cosmetic and personal care products for joy, fun and creativity versus to simply conform to societal standards, says a multi-sensory marketing expert.
Bali-based Fields of Yarrow doubled down on physical retail experiences during the COVID-19 pandemic and was rewarded with its best-performing years, says its founder.
Investments in temporary tattoo printing technology by beauty bigwigs hint that the future of beauty will be influenced by experimentation, the metaverse, and heightened innovation in colour cosmetics.
The Chinese consumers’ willingness to ditch their protective face masks will help to spur the growth of lip makeup more than other markets that relaxed mask mandates earlier.
Whilst the fragrance category has continued to show dynamism and growth in the past year, the number of new concept launches has stagnated, with growth instead coming from existing lines extensions and flanker brands, says market trends firm Circana.
Health and beauty retailer Watsons is seeking to ease consumer concern over the hygiene of testers by piloting a ‘first of its kind’ makeup exchange programme that it hopes will encourage more purchases.
Pola Orbis Group will discontinue Amplitude and ITRIM this year as part of plans to enhance its brand portfolio and improve the firm’s overall profitability.
Shinsegae International has observed that economic fears are not deterring consumers from purchasing luxury niche fragrances, believing they have replaced lipstick as the new recession-proof commodity.
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.
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.
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.
Inclusivity and conscious beauty are among the most important elements for cosmetic brands to consider when developing new products this year, says one prominent cosmetic chemist.
The strength of L’Oréal’s hair care business in 2022 came as a positive post-COVID surprise as consumers aspired to healthier, more diversified looks and shopped at the premium end of this category, its CEO says.
Hourglass Cosmetics has experienced a year-on-year growth of 109% in South Korea after it scrapped its face mask mandate for most indoor public places.
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.
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.
Kao-owned Essential The Beauty says it has successfully tapped into the damaged hair segment, with the firm shipping more than 400,000 units of its new treatment in its first three months of sale.
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.
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.
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.
As we kick-off the new year, CosmeticsDesign-Asia reveals how the Asia Pacific beauty and personal care industry will be influenced by the lingering instability across the global economic, social and political landscape, with exclusive insights from 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.
According to a new trend report, Japanese consumers are favouring old reliables that have stood the test of time over new buzzworthy brands and products.