Gulf markets offer a huge opportunity for online beauty sales due to rising demand from young consumers, claims the firm behind Nykaa, an e-commerce outfit that has enjoyed significant success in India.
Active hair care and skin care startup Wild Science Lab is expanding its retail footprint into the Middle East, opting for a shop in shop model that enables consumer consultation on its preventative and targeted products.
According to L’Oréal CEO Jean-Paul Agon; 'despite a global context that is still volatile’ the company remains confident in its third quarter results despite them revealing a slowdown for L’Oréal Luxe in Asia.
Cosmetics giant AmorePacific is looking to expand its business beyond Asia in new regions like the Middle East and Latin America with five of its popular brands - Sulwhasoo, Laneige, Mamonde, Innisfree and Etude House.
A dynamic population seeking tailored solutions is boosting the cosmetics market in Turkey and the Middle East and many global brands are making the most of the region’s growth, according to market researcher Euromonitor.
With emerging markets slowing down, attention has turned to core businesses and untapped markets such as Indonesia, Saudi Arabia, and Turkey. Cosmetics Design caught up with Euromonitor to discuss new growth hot spots.
Beauty behemoth L’Oréal invested €50 million in its first factory at the heart of the Arab World, located near Cairo in the Pyramids Industrial Park of 10th of Ramadan, as it looks to meet the rising demand for products in the region.
While there may be slight growth in palm oil exports in Indonesia it is not expected to be significant as markets are weak and prices could remain low, according to the Indonesian Palm Oil Producers Association (Gapki).
South Korean firm LG Household & Healthcare has been taking more international steps of late, particularly in cosmetics, what with considering to buy Elizabeth Arden and now making plans to further expand in EMEA.
Wacker Silicones, a division of the Germany based chemicals company has invested in five new business teams to support sales in the region as it continues towards its goal to strengthen its presence in Asia.
When you are one of the leading cosmetics companies in the world you cannot rest on your laurels. Despite performing ahead of the market and expanding its operations to compete in Asia-Pacific and Central and Latin America, L’Oréal has also turned its...
According to Organic Monitor, some companies have started to formulate natural/organic cosmetics with Halal certification as they realize that Halal products, while increasingly popular, often fall short in terms of their ecological credentials as the...
International Flavors and Fragrances (IFF) has said that rises in input costs have been more exaggerated than were first predicted, leading the company to enter into ‘aggressive’ pricing strategy negotiations.