News & Analysis on Cosmetics Innovation
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.
A Tokyo spa specializing in ‘celeb escargot’ facials is offering consumers access to a higher concentration of snail mucus which may see cosmetic products with smaller amounts of the extract left on the shelf.
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.