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.
Personal care giant Beiersdorf and speciality chemicals supplier Evonik have teamed up on a federally funded research project in Germany looking to use carbon dioxide as a source for producing sustainable raw materials for beauty products.
L’Oréal has announced a multi-million environmental and social protection program that aims to support vulnerable women and ecosystem preservation – priority areas as the world reels from coronavirus (COVID-19), it says.
Preservatives have long been vilified as a ‘harmful’ ingredient, but a deeper understanding of hygiene and contamination brought about by the novel coronavirus (COVID-19) outbreak may well validate their usage.
J-beauty behemoth Shiseido Company saw its first quarter net sales decrease by 15.8% while net profit and operating profit fell by 95.8% and 83% respectively as a result of the global novel coronavirus (COVID-19) pandemic.
The founder of a Singapore-based fragrance firm believes the functional fragrance trend is set to boom as more consumers prioritise their inner well-being in the face of the novel coronavirus (COVID-19) pandemic.
Consumer interest in topical probiotic cosmetics is rising, presenting opportunity to target niche skin conditions and push hard science before establishing relevance in the wider wellness market, an expert says.
Digitalisation, personalisation, wellness and sustainability have been popularised by independent beauty brands and with big beauty now onboard these trends will remain critical as 2020 evolves, says GlobalData.
International skin care major Beiersdorf has reported a sales dip for the first quarter of 2020 amid the ongoing coronavirus (COVID-19) pandemic, with European business and the La Prairie brand especially hard-hit.
Australian-owned beauty brand ASARAI is gearing up to expand internationally and move into new categories such as supplements, as demand for natural, clean, sustainable and holistic products increases worldwide.