News & Analysis on Cosmetics Innovation
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.
The upcoming growth predicted for India’s male grooming sector is an opportunity that Pond’s, a beauty brand from Hindustan Unilever (HUL), is looking to exploit in the near future, with a launch of a range aimed specifically at men.
Jumei, one of the largest Chinese retailers of beauty products online by volume, has filed to raise up to $400 million at its upcoming IPO in the US.
L'Oréal first quarter sales dropped 2.2% as demand for mass market products and brands such as Garnier and Maybelline slows, but company CEO Jean-Paul Agon is confident that the French firm will bounce back as quickly as next quarter.