Although the booming Chinese market is considered to be the most lucrative for cosmetic manufacturers, some exhibiting at Cosmoprof Asia revealed that the Japanese, Singaporean, Southeast Asian and Hong Kong markets were more rewarding for them!
At LVMH’s newest cosmetology center in Orleans this week, the company’s MD revealed its’ plans to expand in the 77-billion-euro a year ($104 billion) global premium cosmetics market on the Asia Pacific region.
Who knew the popularity potential of a face mask? Well not just any old face mask, but the upgraded Asian treatment trend that is promising the equivalent of a concentrated essence in a more affordable way...
Yesterday, Cosmetics Design reported on the CFDA’s recent decision to allow some cosmetic companies to bypass animal testing on their products. We spoke to the Chemical Inspection & Regulation Service in China to break down the specifics of the adjusted guidelines.
When direct sales player Amway made efforts to expand beyond its US markets back in 1995 to crack China, it appears to have been a bold move that has more than paid off, as almost 20 years on, the country provides 90% of its business.
As the Chinese consumer becomes the number-one luxury spender in the world, our expert reckons US and European prestige brand managers are suddenly paying closer attention to their overseas spending behaviour.
An increasing demand for facial surgery in South Korea is providing lucrative opportunities for international skin care brands to develop pre-or post-surgery products – if not ranges that could ultimately replace the need for surgery in the long run.
According to the China National Committee on Ageing, major US personal care players are investing in China’s ageing population, a segment that has seen explosive growth in terms of cosmetic expenditure of late.