The India-based FMCG company, Wipro Consumer Care and Lighting, hopes its acquisition of Zhongshan Ma Er, a family-run Chinese business, will leverage its position in the South Chinese market.
Trade tariffs are a huge topic of conversation worldwide these days, and the recent East Asia Summit (EAS) focused on worldwide protectionism for a variety of industries, including cosmetics.
Proctor & Gamble India is the latest cosmetics giant scrambling to better cater to South East Asia, with a center in Telangana that will focus on the home, beauty, baby and feminine care segments.
Skin care and nutritional products provider Nu Skin Enterprises has revealed record third quarter results, causing the company to up its full year revenue and profit forecasts.
Beauty packager Albéa is targeting the expected growth in China and the South East Asia region with the acquisition of Zhongshan Meiquan Plastic Products, belonging to the TEX R.L. group, better known under the name TEX China.
Direct seller Nu Skin ups its forecast for the year as it predicts strong results from its new anti-aging range as well as an improved performance in Japan.