Korean consumer goods giant LG Household and Health Care has said it is no longer interested in bidding for Elizabeth Arden, after the cosmetics player revealed its restructuring plan.
Cracking Asia from a Western brand’s point of view has long been known to be difficult – from ever-changing regulations to translating a brand’s message in the right way. That's where consultants like Hiro Nakayama come in.
US-based biotechnology company Amyris has further developed its relationship with Japan-based Takasago by extending the commercialization of its farnesene-based fragrance technology.
Perfumer Josh Lee had put Malaysia on the map with his ability to create bespoke formulations, the latest being eau de toilette “Georgetown”, a scent said to replicate the Pearl of the Orient.
Just last year we were reporting that beauty boxes were making in-roads in Asia, particularly in the Southeast and Korea. Now, some analysts say the market may be over saturated with the ‘all too easy to replicate’ subscription services.
According to the fragrance specialists, cool mint, the re-appearance of fresh tea notes, and fruity rhubarb are set to influence spring/summer fragrance formulations in 2015.
The National Industrial Chemicals Notification and Assessment Scheme (NICNAS) has assessed the health risks of DMEP, particularly from repeated or prolonged exposure, from its use in cosmetics and recommended a ban.
Regional experts predict Japan’s knack for innovating product textures, concepts and formulas, particularly in the hair and skin care segments, will be tempting consumers from its fellow markets.
The way to grow in the cosmetics industry is to acquire stock with an already good standing, and now South Korean household firm LG Household & Healthcare is considering a move to buy Elizabeth Arden.
International beauty brand Sephora’s upcoming expansion into Australia participates in the ongoing diversification of the region’s cosmetics market, and will mean domestic players will need to continue to up their game with innovation.
New statistics from the country’s finance ministry reveal that the luxury goods market in Thailand is proving increasingly robust, suggesting the country is succeeding in its aim to offer an attractive option for tourist consumers.
When it comes to marketing and advertising, brands need to abandon the pre-existing rules that their categories have, and focus on engaging with the consumer and their needs.
Ingredient suppliers need to stay on top of the trends and work with finished goods manufacturers to ensure they win over consumers, says Lubrizol’s Adrian Holland.
A 'Korean wave' is helping Asia's brands to take a strong foothold of the market share which will see them take their place at the top table amongst Western players once and for all.
Swiss manufacturer Givaudan is aiming to further reach out to its customers in Asia-Pacific and meet their needs, having announced the signing of a joint venture with Zhejiang Xinhua Chemical for the production of fragrance ingredients in China.
UBM Asia has launched ASEANbeauty, a trade event supported by the Thai Cosmetics Manufacturers Association in an effort to keep up with the growing cosmetics sector in Thailand.
Chinese scientists have developed a novel way of extracting musks from cosmetics through a combination of supported liquid extraction (SLE) and solid-phase extraction (SPE).
Despite various cosmetic companies investing in more sustainable alternatives to squalene, some specialised producers have been found to still be dealing in the shark liver in China.
New research carried out at Duke University suggests that everyone’s sense of smell is unique, which may throw new light on how to develop fragrance with the right balance of olfactory elements.
India is in the process of developing a bill which will prohibit animal-tested cosmetics from being imported into the country, according to the Central Drugs Standard Control Organization.
Another country may soon be moving towards alternatives to animal testing, as South Korea’s Ministry of Food and Drug Safety has created a policy proposal to recognize these methods for functional cosmetics.
The Mediterranean cosmetics boutique has announced its plans to further expand in Macau, an area its CEO believes “is worth” obstacles like high rent or insufficient labour.
The ‘Mixologiste’ trend of multifunctional products blurring the lines between different markets and technologies is on that is already popular and China and is expected to grow in the future in the region.
A fire which destroyed one of Oriflame’s main warehouses in the vicinity of New Delhi is likely to have an effect on service levels in India in 2013 and the first quarter of 2014, according to the company.
As Korean cosmetics brands continue to see success on their neighbouring AP markets, factors such as affordability and an ever expanding male grooming segment are found to be the key driving forces.
The Indian Drugs Technical Advisory Board (DTAB) has recommended an import ban on cosmetics which have been tested on animals, according to animal rights organization Humane Society International.
Health and beauty shops in Japan have avoided the country’s general economic malaise to post respectable growth from 2007-2012, according to statistics from Euromonitor and the Global Retail Theft Barometer for 2012-2013.
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.
Perkosmi, the Indonesian Association of Cosmetics Companies is set to hold a workshop to inform and update industry professionals on the changes in the fragrance notification system.
Due to drawbacks in the use of salicylates in fragrance and perfume products, scientists have identified and researched credible alternative compounds that perform effectively.
Cosmetics giant L’Oreal Australia has revealed that they have chosen Carat for their marketing needs in order to engage customers through both new and old media.
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.
As Datamonitor finds Chinese consumer lifestyles to have hardly been dented by the recession, its analysts say there are key steps international brands can take to properly cater to the country’s ‘market of contrasts’.
The Assam government in north-eastern India has increased VAT on cosmetics from 12.5 to 13.5 per cent, which regional industry experts reckon will trigger a knock on effect in terms of price despite the rise only being that of one per cent.