French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
Cosmetics contribute more to Middle Eastern women’s sense of attractiveness and self-confidence than ever, but not in the ways typical of social media-shaped Western trends, according to research.
Beauty brands are being tipped to join the non-fungible token (NFT) bandwagon to forge closer bonds with their most loyal customers, something that is becoming increasingly difficult to do today, according to a Web 3 expert.
Japanese cosmetics company Kosé Corporation is pushing ahead with the expansion of its ‘high-prestige’ brand Decorté in China despite tough market conditions.
International beauty major L’Oréal has reported a significant rise in full-year 2021 sales and net profit globally, with Latin America and North Asia performing particularly well and business in its Luxe and Active Cosmetics divisions leading the surge.
UK-based startup Chāmpo has secured funding it says will be used to drive retail growth, international expansion and NPD during an exciting and pivotal time for the hair care market.
The encouraging prospect of luxury beauty in South East Asia is pushing retailer escentials to embark on a regional expansion despite the impact of COVID-19.
On this episode of the Beauty Broadcast, we’re delving into the remarkable recovery of luxury beauty in Asia Pacific and the future prospects for this high-end category with experts from By Terry and LUXASIA.
Luxury cosmetic and fragrance markets in the UK, France and Germany have all shown signs of recovery thanks to growth in e-commerce, particularly in prestige perfumes and skin care, finds The NPD Group.
E-commerce platform Shopee is eyeing untapped opportunities in South East Asia’s luxury beauty market as the ongoing novel coronavirus (COVID-19) pandemic pushes more premium brands to carve out an online business.
K-beauty behemoth Amorepacific is expanding into India’s prestige cosmetics market on the back of what it perceives to be rising consumer demand for more luxury beauty experiences.
The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.
Developing sustainable, luxurious beauty products that combine aesthetics and ethics is definitely possible and must be collectively led by prestige brands, says the packaging director of Chanel.
Singapore-based company SCGE International has launched a new prestige brand, Ange Gardien, to capitalise on the rapidly growing fine fragrance market in Asia.
Global beauty major L'Oréal has signed a long-term license agreement with high-end Italian fashion house Prada to develop a luxury beauty line it says will be an ‘ideal complement’ to its Luxe brands.
L’Oréal has secured strong third-quarter earnings across its global business, driven largely by dynamic growth in its Luxe and Active divisions and business has accelerated across Eastern Europe.
Amidst its strongest global sales growth in a decade, L'Oréal says fragrance innovation should liven up the relatively flat sales environment in Western Europe.
Pedro Escudero has high hopes for his marine microalgae-based luxury skin care brand, Bluevert, describing it as competitively-priced alternative to brands such as La Prairie and La Mer.
![Aēsop is today present in 29 markets, has 395 stores and increased its gross sales between 2012 and 2022 by €465m (US$509m) [Image: Aesop Facebook]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/04/04/l-oreal-to-acquire-natura-co-owned-aesop-for-us-2.5bn-and-grow-brand-globally/16305295-1-eng-GB/L-Oreal-to-acquire-Natura-Co-owned-Aesop-for-US-2.5bn-and-grow-brand-globally.jpg)
![Self-confidence-boosting beauty products are popular amongst Arab women in the Middle East, but multinational marketing campaigns don't always hold appeal [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/11/middle-east-beauty-trends-see-attractiveness-pigment-and-ageing-key-finds-study/15671709-1-eng-GB/Middle-East-beauty-trends-see-attractiveness-pigment-and-ageing-key-finds-study.jpg)
![Beauty brands are being tipped to join the non-fungible token (NFT) bandwagon to forge closer bonds with their most loyal customers. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/06/21/beauty-nfts-brands-can-use-nfts-to-reinforce-connection-with-super-fans/15463294-1-eng-GB/Beauty-NFTs-Brands-can-use-NFTs-to-reinforce-connection-with-super-fans.jpg)
![Kose Corporation is pushing ahead with the expansion of its ‘high-prestige’ brand Decorté in China. [Kosé / Decorté]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kose-pushing-forward-with-decorte-expansion-in-worrisome-china-market/15451588-1-eng-GB/Kose-pushing-forward-with-Decorte-expansion-in-worrisome-China-market.jpg)
![L'Oréal's Luxe division performed especially well, with 'remarkable success' in fragrances, according to the company's CEO [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/10/l-oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year/13231286-1-eng-GB/L-Oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year.jpg)
![Chāmpo offers a range of shampoos, conditioners and hair oils made using active botanicals based on Ayurvedic principles [Image: Chāmpo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/ayurvedic-hair-care-brand-champo-secures-1m-pre-series-a-funding/13092572-1-eng-GB/Ayurvedic-hair-care-brand-Champo-secures-1m-pre-Series-A-funding.jpg)
![The encouraging prospect of luxury beauty in South East Asia is pushing retailer escentials to embark on a regional expansion despite the impact of COVID-19. [LUXASIA / escentials]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/escentials-ramping-up-sea-expansion-despite-difficult-times/13027491-1-eng-GB/escentials-ramping-up-SEA-expansion-despite-difficult-times.jpg)
![Puig says it is focusing on livestreaming, pop-ups, and exclusive launches to engage with younger consumers in the travel retail channel. [Christian Louboutin Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/puig-captures-younger-travellers-in-asia-with-livestreaming-pop-ups-exclusive-launches/16409069-1-eng-GB/Puig-captures-younger-travellers-in-Asia-with-livestreaming-pop-ups-exclusive-launches.jpg)
![Thyme, honey, aloe vera, curcumin, and St. John's wort hold potential in wound healing applications. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/formulation-science/thyme-curcumin-among-naturals-that-show-promise-for-wound-healing-review/16429148-1-eng-GB/Thyme-curcumin-among-naturals-that-show-promise-for-wound-healing-Review.jpg)
![Study involving over 6,000 subjects says sensitisation rate of propylene glycol was 'infrequent'. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/formulation-science/propylene-glycol-sensitisation-found-to-be-uncommon-australia-study/16401110-1-eng-GB/Propylene-glycol-sensitisation-found-to-be-uncommon-Australia-study.jpg)
![Yatsen expects revenue will take longer to bounce back despite improved market conditions in the domestic beauty market. [Perfect Diary]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/06/01/yatsen-revenue-rebound-will-take-time-despite-signs-of-market-recovery-ceo/16439813-1-eng-GB/Yatsen-revenue-rebound-will-take-time-despite-signs-of-market-recovery-CEO.jpg)
![Shiseido is set to move away from ‘extreme’ promotions during China’s mega shopping festivals. [NARS]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/06/01/shiseido-will-turn-away-from-heavy-promotions-in-china-to-achieve-sustainable-sales-growth/16428986-1-eng-GB/Shiseido-will-turn-away-from-heavy-promotions-in-China-to-achieve-sustainable-sales-growth.jpg)
