We reveal what it takes to achieve success in China’s cutthroat e-commerce space - from building a solid foundation to maintaining longevity - with exclusive insights from brands that have thrived in it, including Atelier Rebul, Evenswiss and G&M...
K-beauty retailer Olive Young is making inroads into the Middle East region with its in-house colour cosmetics brand and plans to launch more of its own brands this year.
Long-lasting products, mood-boosting offerings and engaging experiences are more important than ever as consumers navigate the ongoing cost-of-living crisis globally, says the head of beauty and personal care research at Mintel.
The deal brokered between Givaudan and Amyris, Inc. outlines the addition of three key active ingredients for commercialization to extend both companies product offerings and consumer reach.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight developments from L’Occitane, Hourglass, HUL and more.
An Australian fragrance start-up offering designer-inspired fragrance oils believes its business can scale and succeed in overseas markets in Asia, Europe, and North America.
Japanese beauty major Shiseido will start to prioritise strategic investments in three key areas – brands, innovation and people – to drive revenue growth, according to its CEO.
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.
Estée Lauder Companies president and CEO Fabrizio Freda has pegged skin care, fragrance, and luxury hair care as key drivers of growth in China as it moves away from last year’s COVID-19 troubles.
International beauty major L’Oréal has reported a net profit surge for the full year of 2022, with active cosmetics leading growth with strong business in Latin America.
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.
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.
French competitiveness cluster Cosmetic Valley has signed a partnership with Parisian region Île-de-France that aims to promote perfumery and cosmetics on a global stage.
British-born beauty brand Dr. PAWPAW has grown exponentially over the past year and saw success in the US, despite the inflationary economy. We chatted with co-founder Johnny Paterson to discover how they’ve done it and what’s coming next for the brand....
A 128-year-old Turkish fragrance house is set to expand offline in China in 2023 and is planning to offer its signature bespoke services to cater to the heightened appreciation for “personalisation and craftsmanship”.
Following many milestones and achievements in 2022, the British beauty sector is bracing for a turbulent trading period ahead that it plans to tackle collaboratively, says the CEO of the British Beauty Council.
We speak to leading beauty and personal care brands to glean insights on three emerging markets – Vietnam, the Middle East and Central Asia – to see what 2023 has in store for the industry.
Logistical challenges and energy struggles are plaguing smaller independent beauty brands such as Shakeup Cosmetics, which says it is doing as much as it can not to pass on rising costs to its consumers.
Personal care major Beiersdorf has acquired a majority stake in Belgian biomedical research firm S-Biomedic, opening doors to advance work in skin care actives to manage and balance the microbiome.
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).
Estée Lauder Companies’ acquisition of Tom Ford is a shrewd move that will allow the world’s second largest beauty company to better compete with its rival L’Oréal, says a GlobalData analyst.
International beauty major L’Oréal has announced a tie-up with French biotech specialist Microphyt, in a move set to accelerate its green sciences push, according to an exec.
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.
Skin care brand Meeth is furthering its global ambitions by making entry into Spain, where it believes it can excite beauty consumers with its novel Japanese products.
Personal care giant Procter & Gamble (P&G) has reported a small rise in net sales and a dip in net profit for the first quarter of fiscal 2023, forecasting a continued difficult cost and operating environment, particularly in Europe, for the rest...
Personal care major Johnson & Johnson (J&J) has reported a rise in third quarter (Q3) sales and a surge in net profit, bolstered by strong growth in pharma and med tech but also solid results across its global consumer health business.
The French Federation for Beauty Companies (FEBEA) has signed the country’s EcoWatt Charter, pledging alongside hundreds of other corporations to further reduce electricity use during the ongoing energy crisis.
Beauty retail major Sephora is set to absorb prestige beauty e-commerce player Feelunique’s domain this week, kickstarting the start of its wider UK market re-entry plans.
The addition of a high-end homegrown C-beauty brand with a Gen Z following to its portfolio is precisely what L’Oréal needs to stay at the top of its game in the Asian market, says a leading market expert.
Luxury French skin care brand Biologique Recherche believes the Thai market is ready for its haute couture personalised skin care services and will use it as a springboard to further expand in South East Asia.
International beauty major The Estée Lauder Companies and French luxury fashion house Balmain have entered into a license agreement to collaboratively develop and launch an inclusive prestige beauty line next year.
L’Oréal announced the acquisition of physician-dispensed brand Skinbetter Science, which will become part of the multinational’s Active Cosmetics Division.
Japanese cosmetics company Kosé Corporation intends to strengthen its line-up of make-up in the high-prestige beauty segment to capitalise on the post-pandemic make-up recovery.
Indian cosmetics e-commerce company Nykaa is making “baby steps” onto the international stage by pushing its portfolio of beauty brands into markets including Mauritius, United Arab Emirates, US.
The UK’s second-biggest health and beauty retailer Superdrug is defying the cost-of-living crisis and upping its game in premium beauty brands as it broadens its offer beyond its lower price point core.
Retail major Walgreens Boots Alliance is expanding its partnership with app-based delivery firm Deliveroo in the UK following a successful pilot scheme last year.
Colgate, Lifebuoy, Dove and Sunsilk have fiercely and consistently expanded reach over the years, edging into new categories and plugging new consumer needs to stay on top of the fast-moving consumer goods race – action other industry players can aspire...
Japanese beauty major Shiseido is planning to invest JPY10bn (USD75.5m) in both brand equity and its employees as part of plans to go on the offensive and buck the declining trend of the market.
The British beauty sector will parade its status as an economic powerhouse and potent transformer of lives at next month’s British Beauty Week, as the industry and world slowly moves past the COVID-19 pandemic once and for all.
French beauty giant L’Oréal will not be stamping out Maybelline’s physical presence in China and migrating online completely, despite the strength of e-commerce and plans to close 14 standalone stores, its CEO has confirmed.
International skin care major Beiersdorf has reported a net profit surge for the first half (H1) of 2022, with its flagship Nivea brand performing especially well worldwide and great successes reported in sun care and Latin America for the broader business.
French beauty exports will continue to surge in 2022, with China and the US set to remain important business markets for makeup and perfumes in particular, according to the French Federation for Beauty Companies (FEBEA).
Leaders at Unilever, Procter & Gamble and Colgate-Palmolive are predicting a tough six months ahead, with cost inflation anticipated to peak and foreign exchange challenges to continue.