News & Analysis on Cosmetics 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.
Japan-based cosmetics player Kosé has made clear its intent to expand into the North American market, with its acquisition of a 93.5% stake in New York-based colour cosmetics and skin care brand Tarte.
As the old adage goes: knowledge is power, and as we live in an information-demanding world, mobile devices are becoming more important in connecting with the skin care consumer.
A probe by China's authorities into the direct seller Nu Skin’s business practices in the country could result in the possibility of fines or sanctions, the company has confirmed, but analysts believe the business will pull through.