In this round-up of business and financial updates in the APAC cosmetics industry, we highlight developments from Beiersdorf, L’Oreal, Amorepacific, and more.
The strength of L’Oréal’s hair care business in 2022 came as a positive post-COVID surprise as consumers aspired to healthier, more diversified looks and shopped at the premium end of this category, its CEO says.
Unilever subsidiary Hindustan Unilever (HUL) says that its beauty and personal care business has grown thanks to new product launches, which helped to mitigate the slump of its winter skin care line-up.
Consumer goods major Unilever has reported a net profit surge for the full year of 2022, led by strong growth in its recently carved out beauty and wellbeing division and good business in the Americas.
Sa Sa’s CEO says the easing of social distancing measures in Hong Kong has improved consumer sentiment and consequently improved sales despite now having fewer storefronts.
South Korean major LG Household & Health Care (LG H&H) has attributed the 27.7% sales decline of its beauty business mainly to the disruptions brought about by Beijing’s zero-COIVD policy.
Hong Kong-listed L’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022 due to challenges related to COVID-19 in China and Japan.
K-beauty giant Amorepacific records revenue growth of 83% and 37% in North America and Europe respectively in 2022 as China and South Korea markets report declines.
Personal care major Johnson & Johnson (J&J) has reported a net profit dip for the full year and last quarter of 2022 amidst ongoing macroeconomic challenges, though its CEO remains focused on heavy R&D investment.
Products that instantly impress and brand communication that helps shape beauty and personal care usage will be key to driving superiority growth for Procter & Gamble, says its chief financial officer (CFO).
L’Occitane International has reported that Asia Pacific grew by 1.9% at constant rates in the first half (H1), led by Hong Kong, Australia, and Malaysia, helping to offset the second consecutive quarter of double-digit declines for China.
International beauty major L’Oréal has reported a worldwide surge in sales for the third quarter (Q3) of 2022, capturing growth across all divisions but especially active cosmetics, despite inflationary pressures in many countries.
International beauty major L’Oréal has reported strong sales growth for the first half (H1) of 2022, with much of business returning to or exceeding pre-pandemic levels and net profit surging.
Personal care major Johnson & Johnson (J&J) has reported a rise in first half (H1) sales for 2022 despite a dip in pre-adjusted profits and consumer health sales hit by COVID-19, input costs and supply issues.
International skin care major Beiersdorf has reported a rise in group sales and net profit for the full year of 2021, with significant growth in Latin and North America.
Consumer goods major Unilever has reported growth in full-year 2021 net sales and net profit, with a strong performance in beauty and personal care, but has said a dramatic rise in input costs remains a considerable challenge.
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.
South Korean consumer goods giant LG Household and Health Care announces record-breaking sales and operating profit numbers for its 2021 fiscal year, marking the company’s 17th consecutive year of growth.
Hong Kong-listed L’Occitane’s third quarter sales results have risen by 14.6% like-for-like compared to its pre-pandemic 2020 numbers, and by 9.5% year-on-year, thanks to a strong holiday season
L’Occitane International has recorded sales growth of 23% in China during the first half of its 2022 fiscal year aided by investments and new launches of core brand L’Occitane en Provence.
Japanese cosmetics company Shiseido has recorded a 194.8% surge in operating profits as sales grew in all regions except for its home market thanks to its skin beauty and prestige brands, as well as the strength of its e-commerce business.
The Estée Lauder Companies recorded organic net sales growth of 10% in Asia Pacific despite the wave of COVID-triggered lockdowns that hit the region, driven by the strong performance of China and South Korea.
Japanese cosmetics firm Kosé Corp is expecting the performance of Tarte Cosmetics to be “better than expected” this year and has plotted strategies to maintain the brand’s post-pandemic recovery.
Pola Orbis has reported that its beauty business saw a 45.7% increase in operating profits in its latest quarter as POLA recorded robust growth overseas and on local online channels.
Hong Kong-listed L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic thanks to the performance of key brands, online sales and offline recovery.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for the first quarter (Q1) of fiscal 2022, though profits suffered due to a challenging cost environment – an ongoing issue it plans to overcome with price hikes.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the half-year results of LG Household & Healthcare, Amorepacific, Pola Orbis and more.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its fourth quarter (Q4) and full fiscal year of 2021, also unveiling a CEO and COO change designed to continue future growth in years to come.
International beauty major L’Oréal has reported a strong rise in sales and net profit for the first half (H1) of 2021, with e-commerce and North America performing particularly well during Q2.
South Korean conglomerate LG Household & Healthcare has reported record-high sales and profits results driven by China’s demand for its luxury beauty products.
Beauty retail group Sa Sa International’s pivot towards e-commerce appears to be paying off as it recorded a year-on-year sales increase of 108.8% during the April to June quarter.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its third quarter (Q3) of fiscal 2021, with beauty leading the charge in growth terms.
Personal care major Johnson & Johnson (J&J) has reported a global sales rise for the first quarter of 2021, fuelled by pharmaceuticals and medical devices, but its consumer health division saw overall sales decline despite strength in oral and...
International beauty major L’Oréal has reported a surge in global sales for the first quarter of 2021, though activity in Western Europe remains in decline because of the ongoing impact of the COVID-19 crisis, its CEO says.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight news of Shiseido selling of its personal care unit, POND’s plans to double e-commerce business in SEA and SUGAR Cosmetics expansion plans following...
CosmeticsDesign editors break down the beauty and personal care acquisitions, product innovations and challenges that have arisen under the pressure of the COVID-19 pandemic.
Japanese personal care major Kao Corporation is prioritising investments in digital technology as part of its plans to radically reform its cosmetics unit which has been severely affected by the COVID-19 pandemic.
International beauty major L’Oréal has reported an overall loss in net profit for the full year of 2020, despite a spike in sales for the fourth quarter, most notably in active cosmetics and across China.
Japanese cosmetics major Shiseido Company saw its financial performance continue to dip in the fourth quarter, resulting in a 18.6% decrease in net sales and an 86.9% loss in operating profits for the full year of 2020.
Personal care giant Colgate-Palmolive has reported a net sales rise for the fourth quarter and full year of 2020 – growth it says can be continued with the right strategies, particularly around premium innovation.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its second quarter (Q2) of fiscal 2021, continuing its upwards trajectory globally despite challenges associated with the ongoing COVID-19 pandemic.
The beauty and personal care world has faced significant upheaval on a global scale during the ongoing novel coronavirus (COVID-19) pandemic, but it has also emerged as resilient and innovative despite consumer and retail trends morphing at great speed....
Kao Corporation has reported that the resurgence novel coronavirus (COVID-19) crisis has resulted in a JPY7.2bn (USD69m) drop operating profit in its cosmetics division.
International beauty major L’Oréal has reported a global sales rise for the third quarter of 2020 despite operating in a market still reeling from COVID-19, though Western Europe sales declined.
![We highlight business developments from Beiersdorf, L’Oreal, Amorepacific, and more. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/08/18/beiersdorf-l-oreal-amorepacific-in-our-beauty-business-update/16670138-1-eng-GB/Beiersdorf-L-Oreal-Amorepacific-in-our-beauty-business-update.jpg)
![Shiseido COO says that there needs to be fundamental business model changes to bring Japan back to growth. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-s-japan-business-at-risk-without-major-reforms-coo/16654373-1-eng-GB/Shiseido-s-Japan-business-at-risk-without-major-reforms-COO.jpg)
![Amorepacific blames subdued second-quarter (Q2) domestic sales for lacklustre results. [Sulwhasoo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/amorepacific-q2-revenues-hampered-by-domestic-sluggishness/16620516-1-eng-GB/Amorepacific-Q2-revenues-hampered-by-domestic-sluggishness.jpg)
![Consumers are increasingly invested in the health of their hair and are investing in the premium end of the market to achieve desired looks and outcomes [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/02/14/l-oreal-ceo-says-hair-care-is-booming-as-consumers-show-interest-in-premium-luxury-products/16169579-1-eng-GB/L-Oreal-CEO-says-hair-care-is-booming-as-consumers-show-interest-in-premium-luxury-products.jpg)
![HUL's Vaseline sales impacted by delayed winter season. [Vaseline]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/hul-s-beauty-and-personal-care-innovations-offset-slump-of-winter-skin-care/16141340-1-eng-GB/HUL-s-beauty-and-personal-care-innovations-offset-slump-of-winter-skin-care.png)
![Unilever's freshly carved-out beauty and wellbeing division, with Dove, Vaseline and Sunsilk key brands, reported strongest full-year growth [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/02/10/unilever-full-year-2022-net-profit-soars-24.9-with-beauty-and-wellbeing-growing-strongest/16159340-1-eng-GB/Unilever-full-year-2022-net-profit-soars-24.9-with-beauty-and-wellbeing-growing-strongest.jpg)
![Improved consumer sentiment in HK helped improve sales. [Sa Sa]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/02/09/sa-sa-hk-s-sales-improve-with-consumer-sentiment-boost-ceo/16141286-1-eng-GB/Sa-Sa-HK-s-sales-improve-with-consumer-sentiment-boost-CEO.png)
![LG H&H sales suffer under Beijing’s zero-COIVD policy. [Su:m37]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/lg-h-h-weighed-down-by-china-s-zero-covid-policy/16140944-1-eng-GB/LG-H-H-weighed-down-by-China-s-zero-COVID-policy.jpg)
![’Occitane International’s flagship brand recorded a sales dip of 0.9% in the nine months ending December 2022. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occtiane-en-provence-sales-dip-attributed-to-covid-19-challenges-in-china-japan/16140692-1-eng-GB/L-Occtiane-en-Provence-sales-dip-attributed-to-COVID-19-challenges-in-China-Japan.jpg)
![Amorepacific records stellar revenue growth in North America and Europe as China and South Korea markets report declines. [Amorepacific]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/amorepacific-2022-revenues-soar-in-n.-america-and-europe-as-asia-slumps/16140746-1-eng-GB/Amorepacific-2022-revenues-soar-in-N.-America-and-Europe-as-Asia-slumps.jpg)
![Johnson & Johnson remains on track to spin-off its consumer health division, featuring the Neutrogena brand among others [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/johnson-johnson-2022-net-profit-dips-14-but-2023-guidance-remains-solid-albeit-prudent/16138406-1-eng-GB/Johnson-Johnson-2022-net-profit-dips-14-but-2023-guidance-remains-solid-albeit-prudent.jpg)
![Procter & Gamble is focused on creating instant impact with its beauty, personal care and home care products, aiming to create the 'first-use wow' impression [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/procter-gamble-cfo-talks-superior-innovation-at-morgan-stanley-global-consumer-and-retail-conference/16026779-1-eng-GB/Procter-Gamble-CFO-talks-superior-innovation-at-Morgan-Stanley-Global-Consumer-and-Retail-Conference.jpg)
![L'Occitane Hong Kong, Australia, and Malaysia, help to offset double-digit decline for China. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-h1-hong-kong-australia-and-malaysia-lead-apac-growth-as-china-continues-to-slump/15889292-1-eng-GB/L-Occitane-H1-Hong-Kong-Australia-and-Malaysia-lead-APAC-growth-as-China-continues-to-slump.jpg)
![L'Oréal's active cosmetics division performed especially well in skin care, with its SkinCeuticals and L'Oréal Paris brands especially strong [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/l-oreal-q3-2022-sales-rise-with-active-cosmetics-skin-care-and-fragrances-strong-despite-inflation/15881930-1-eng-GB/L-Oreal-Q3-2022-sales-rise-with-active-cosmetics-skin-care-and-fragrances-strong-despite-inflation.jpg)
![L'Oréal's luxury division performed especially well, with wider beauty market promise most notable in fragrances and makeup - both rebounding strongly in H1 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/02/l-oreal-h1-q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid/15649665-1-eng-GB/L-Oreal-H1-Q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid.jpg)
![Supply constraints and inflationary pressures around input costs has continued to plague the global beauty and personal care category [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/07/28/johnson-johnson-q1-h2-2022-results-up-but-consumer-health-sales-dip-amid-supply-input-issues/15636276-1-eng-GB/Johnson-Johnson-Q1-H2-2022-results-up-but-consumer-health-sales-dip-amid-supply-input-issues.jpg)
![Skin care major Beiersdorf says its flagship Nivea brand performed particularly well during 2021 thanks to product innovations and expansion in Europe [Image: Beiersforf]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/beiersdorf-full-year-2021-net-profit-sales-rise-with-strong-growth-in-americas-and-nivea/13287349-1-eng-GB/Beiersdorf-full-year-2021-net-profit-sales-rise-with-strong-growth-in-Americas-and-Nivea.jpg)
![Unilever's CEO says that despite a successful year - with the fastest business growth reported in nine years - ongoing input inflation continues to be the company's biggest challenge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-ceo/13242523-1-eng-GB/Unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-CEO.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)
![LG H&H announces record-breaking sales and operating profit numbers for its 2021 fiscal year. [LG H&H / History of Whoo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/lg-h-h-2021-annual-sales-and-operating-profit-figures-break-record-highs/13196025-1-eng-GB/LG-H-H-2021-annual-sales-and-operating-profit-figures-break-record-highs.jpg)
![L’Occitane’s Q3 sales results have risen by 14.6% like-for-like compared to its pre-pandemic 2020 numbers. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q3-sales-beat-pre-pandemic-levels-by-14.6-despite-omicron-fears/13187301-1-eng-GB/L-Occitane-Q3-Sales-beat-pre-pandemic-levels-by-14.6-despite-Omicron-fears.jpg)
![Coty, Yatsen, L’Occitane and more feature in this round-up of financial results. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-yatsen-l-occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update/13183340-1-eng-GB/Coty-Yatsen-L-Occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![A round-up of financial results, M&As and funding drives in the cosmetics industry. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/financial-focus-shiseido-estee-lauder-and-more-feature-in-our-latest-beauty-business-and-finance-update2/13064429-1-eng-GB/Financial-focus-Shiseido-Estee-Lauder-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![L’Occitane credits launches like Osmanthus fragrance for grow in China. [L’Occitane en Provence.]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/12/01/l-occitane-china-sales-rise-23-on-the-back-of-new-launches-such-as-osmanthus-fragrance/13054581-1-eng-GB/L-Occitane-China-sales-rise-23-on-the-back-of-new-launches-such-as-Osmanthus-fragrance.jpg)
![Shiseido has recorded a 194.8% surge in operating profits as sales grew in all regions except Japan. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-q3-2021-operating-profit-surges-by-over-190-as-sales-improve-in-all-regions-except-japan/13006994-1-eng-GB/Shiseido-Q3-2021-Operating-profit-surges-by-over-190-as-sales-improve-in-all-regions-except-Japan.jpg)
![ELC recorded organic net sales growth of 10% in Asia Pacific despite the wave of COVID-triggered lockdowns. [The Estée Lauder Companies]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-q1-apac-sales-grow-10-despite-impact-of-covid-19-resurgence/12995892-1-eng-GB/Estee-Lauder-Q1-APAC-sales-grow-10-despite-impact-of-COVID-19-resurgence.jpg)
![Kao reports Q3 sales decline in skin care as the demand for hand soaps and sanitisers tumbled. [Kao Corp / Curél]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kao-reports-q3-skin-care-sales-dip-as-hand-hygiene-demand-falls/12995611-1-eng-GB/Kao-reports-Q3-skin-care-sales-dip-as-hand-hygiene-demand-falls.jpg)
![Kosé Corp is expecting the performance of Tarte Cosmetics to be “better than expected” this year. [Tarte Cosmetics]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kose-outlines-plans-to-maintain-tarte-sales-recovery-from-covid-19-pandemic/12979729-1-eng-GB/Kose-outlines-plans-to-maintain-Tarte-sales-recovery-from-COVID-19-pandemic.jpg)
![POLA recorded robust growth overseas and on local online channels. [Pola Orbis / POLA]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/pola-overseas-and-online-growth-drives-up-pola-orbis-q3-profits/12979221-1-eng-GB/POLA-overseas-and-online-growth-drives-up-Pola-Orbis-Q3-profits.jpg)
![L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7/12961434-1-eng-GB/L-Occitane-Q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7.jpg)
![P&G says it is rolling out price hikes across parts of its portfolio in the US and will also review pricing in other markets in the near-term to offset rising commodity and freight costs [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/p-g-q1-fiscal-2022-net-sales-rise-profit-drops-due-to-challenging-cost-environment/12942250-1-eng-GB/P-G-Q1-fiscal-2022-net-sales-rise-profit-drops-due-to-challenging-cost-environment.jpg)
![[Amorepacific]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/amorepacific-lg-h-h-and-more-feature-in-our-latest-beauty-business-and-finance-update/12738465-1-eng-GB/Amorepacific-LG-H-H-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![Innovations in oral care helped fuel strong growth for P&G in Q4 and its full fiscal 2021 year, including the Oral-B iO Power Brush and Crest Whitening Emulsions [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/03/procter-gamble-q4-fiscal-2021-net-sales-rise-with-oral-care-and-beauty-strong/12704045-1-eng-GB/Procter-Gamble-Q4-fiscal-2021-net-sales-rise-with-oral-care-and-beauty-strong.jpg)
![L'Oréal's Professional Products division which stocks salons worldwide with hair care products performed especially well in Q2 2021 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/30/l-oreal-h1-2021-sales-and-net-profit-rise-worldwide-with-north-america-and-professional-products-strong/12696052-1-eng-GB/L-Oreal-H1-2021-sales-and-net-profit-rise-worldwide-with-North-America-and-Professional-Products-strong.jpg)
![LG Household & Healthcare has reported record-high sales and profits results driven by China’s demand for its luxury beauty. [LG H&H]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/lg-h-h-in-china-luxury-demand-helps-firm-break-financial-records/12683940-1-eng-GB/LG-H-H-in-China-Luxury-demand-helps-firm-break-financial-records.jpg)
![Sa sa online sales record year-on-year sales increase of 108.8% during the April to June quarter. [Sa Sa]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/sa-sa-finds-respite-in-e-commerce-progress-as-it-endures-sales-dive/12673500-1-eng-GB/Sa-Sa-finds-respite-in-e-commerce-progress-as-it-endures-sales-dive.jpg)
![A round-up of financial results, M&As and funding drives in the cosmetics industry. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/financial-focus-most-read-stories-on-business-and-financial-news-in-the-beauty-industry/12310719-1-eng-GB/Financial-focus-Most-read-stories-on-business-and-financial-news-in-the-beauty-industry.jpg)
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