Companies need to rethink how they implement sustainability initiatives and should integrate them it into the ‘heart’ of their business models, a panel of experts at the Global Fragrance Summit organised by the International Fragrance Association (IFRA)...
South East Asian fashion retailer FJ Benjamin Holdings (FJB) has recently expanded into beauty with the addition of cult skin care Dr. Barbara Sturm Molecular Cosmetics to tap into the growing demand for skin care amid COVID-19.
Consumer goods major Unilever has completed the unification of its Anglo-Dutch legal structure in a move it says will future-proof business by enabling greater flexibility on strategic portfolio updates.
The Estée Lauder Companies is seeing positive signs of recovery in its fragrance division in Asia Pacific, but the gains failed to offset the global profits slump across the division.
Hong Kong-headquartered beauty retailer A.S. Watson is eyeing what it sees as a gap in the market for skin care and masstige segments for success in its first venture into the Middle East.
Natura & Co and L’Oréal are two of the top 10 most inclusive and diverse publicly traded companies worldwide in 2020, according to financial market insights firm Refinitiv.
Thailand, the Philippines and Indonesia are poised for concerted cosmetics and personal care sector growth in 2020, according to exclusive expert analysis from industry insiders.
Japanese beauty conglomerate Shiseido is looking to accelerate US-based Drunk Elephant’s global footprint to “maximise” the brand’s opportunities for growth and development.
Indian natural beauty brand Herb Island sees potential to grow its business five-fold by concentrating efforts in the nation’s offline cosmetics space.
From doomed acquisitions to a lack of understanding of the brand, we speak to an Asian consumer expert to explore what led to Crabtree & Evelyn’s downfall, and what it can do to save itself from the brink of obscurity.
Luxury goods multinational LVMH has seen its travel retail business, DFS Group, maintained growth in the last year, despite having to absorb ‘significant cost containment’, due to a turbulent market in Asia.
As consumers continue to spend money on affordable luxuries like nail care; start-ups and big players alike are looking to kiosks rather than retail stores to cash in on these opportunities.
Unilever has announced its intention to join the Facebook-led alliance ‘Internet.org’, which seeks to provide web access to India’s rural population, in a move which looks to make the most of reaching the key consumer group.
Color cosmetics maker Revlon has commented on the importance of a sustainable business in China particularly with the economic slowdown at present taking its toll on results and a change of leadership due.
Beiersdorf’s preliminary full year sales show that the consumer division has been steady, boosted by developing markets but let down by European sales, but profits beats expectations on the back of restructuring.
Beiersdorf has announced preliminary full year sales showing a steady increase in group sales, driven by a strong performance in developing markets, but held back by a sluggish performance from the consumer division led by the Nivea brand.
As sales of natural and organic products pick up in Asia, the market is now being stunted by false marketing claims, mislabelling of products and a lot of consumer confusion.
Beiersdorf has announced a full year organic 2010 sales increase of 3.1 percent, in line with the forecast that were recently lowered by costs relating to its restructuring programme.
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![Estée Lauder Companies is seeing positive signs of recovery in its fragrance division in Asia Pacific. [Jo Malone London / Estée Lauder Companies]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2020/11/09/fragrances-success-in-asia-for-estee-lauder-fails-to-sweeten-global-profits-slump-for-category/11920446-4-eng-GB/Fragrances-success-in-Asia-for-Estee-Lauder-fails-to-sweeten-global-profits-slump-for-category.jpg)
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