The South Korean personal care giant launches three cosmetics brands in China — OHUI, VDL and Belif — to enable it to make greater strides in the global cosmetics industry.
AmorePacific-owned Sulwhasoo enters the Parisian marketplace by getting ready to exclusively launch at Galeries Lafayette in Paris, France, in September 2017.
As retail growth slows down in Hong Kong and China, Estée Lauder says it is turning its resources to the digital realm, including the development of omni-channel concepts, retail store expansion and information technology enhancements.
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.
Estée Lauder CEO and president Fabrizio Freda believes that despite a recent slowdown in department store sales for mainstream brands such as Clinique, the market will pick up again as the holiday season approaches.
Color cosmetics brand Napoleon Perdis is making waves in the industry as it seeks out new retailers on the Asia Pacific region in an effort to continue to expand its line.
Estée Lauder has taken legal action against fashion retailer Target accusing it of selling counterfeit cosmetics in its stores in Australia under the MAC Cosmetics brand.
The fast-changing retail landscapes in Brazil, Russia, India and China (BRIC markets) are creating new opportunities for cosmetics and personal care players to market products.