Hong Kong-listed L’Occitane saw a resurgence in brick-and-mortar retail channels with sales growing 67.6% in the first quarter of its 2022 fiscal year, with online channels dipping by 15%.However, the firm’s online sales still accounted for more than...
International skin care major Beiersdorf is on track to transform its global production network to climate-neutral by 2030 and has reported a strong sales run for the first half (H1) of 2021 that is set to continue.
South Korea-based start-up Picky Inc has recently joined Beiersdorf’s Nivea Accelerator programme, which it hopes will help it to expand its global presence and make a “greater impact” on the skin care industry.
UK e-commerce major The Hut Group has acquired premium British online retailer Cult Beauty in a deal that forms part of an incredible digital surge in beauty and healthcare for the group, says the retail research head at Mintel.
Personal care giant Colgate-Palmolive has reported a net sales rise for the second quarter (Q2) of fiscal 2021, with a particularly strong performance in Europe, Africa and Eurasia.
Beauty major Natura &Co has partnered with Dutch eco video streaming platform WaterBear to launch a dedicated channel showcasing its environmental and social ambitions worldwide.
Japanese cosmetics company Pola Orbis Holdings has rebounded on the back of high-end flagship POLA, which posted remarkable operating profit growth of 129.2% in the first half of FY2021.
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.
The demand for luxury beauty brands such as Sulwhasoo has helped to drive cosmetic firm Amorepacific’s recovery domestically and in overseas markets including China and Europe.
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.
German personal care multinational Beiersdorf believes China’s domestic beauty scene has global export potential, leading it to expand its NIVEA Accelerator program to help develop innovative beauty tech start-ups.
Beauty giant L’Oréal has observed that consumers that join its brand loyalty programme on e-commerce platform Shopee have spent 2.4 times more than non-members.
Beauty retail major Sephora has confirmed its acquisition of prestige beauty e-commerce player Feelunique, with the deal expected to close between March and July next year.
Personal care major Johnson & Johnson (J&J) has reported a significant surge in net earnings for the second quarter (Q2) of 2021, largely propelled by its medical device and pharma divisions, but consumer health also returned to growth.
Personal care major Unilever has reported a net sales rise for its second quarter (Q2) of 2021, with Europe growth rebounding and prestige beauty seeing continued success.
This month, the social sales beauty company participated in the Generation Equality Forum in Paris, France, and issued a position paper on the European Commission’s Gender Equality Strategy.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight L’Occitane’s full-year results, Unilever’s acquisition of Paula’s Choice and more.
Online sustainable cosmetics educational platform Re-Sources wants to close the knowledge gap between beauty formulators, packaging technologists and marketing to streamline green product development.
With just one day between the announcement and the pitch application deadline (July 15, 2021), the beauty maker has formally signed on to present at the 2-day tech conference and to support the beauty (tech) pitch competition for VC funding.
Kao is investing $136m on its digital transformation to enhance the competitiveness of its cosmetics division, which has experienced a sales slump during the pandemic.
Singapore-headquartered luxury fragrance house Maison 21G is rapidly expanding its international footprint in markets in Asia and the Middle East, and has its sights set on entering China in 2022.
The US duo who sold a premium men’s grooming brand to Procter & Gamble are now targeting APAC markets with its latest venture – transparency focused skin care brand called Ingredients.
Sephora’s partnership with e-commerce fashion major Zalando will capitalise on the online momentum built up by the German player over the past 18 months and may inspire other cross-sector collaborations, but is there a risk it could compromise the beauty...
Hong Kong-listed L’Occitane International has credited the growth of its online sales in part to its successful social selling initiatives in markets including South Korea, Europe and the US.
This month, the Brazil-based multinational beauty maker shared an update on its Commitment to Life, a corporate social responsibility initiative focused on “some of the world’s most pressing issues” first announced in June 2020.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the first-quarter results from Shiseido, Kao Corp, L’Occitane and more.
Personal care major Unilever will acquire US-headquartered direct-to-consumer (D2C) premium skin care brand Paula’s Choice, bringing it under its growing prestige portfolio.
The University of Manchester’s biotech spin-out Holiferm is ready to scale-up production of its biosurfactants made from virgin rapeseed oil and glucose – an alternative that holds huge potential in cosmetics and personal care, its MD says.
Robertet is to acquire Ecom Food Industries in a deal that serves to strengthen the French natural ingredient specialists’ botanically sourced product line for the sports and cosmetic industries.
India-based firm The Ayurveda Experience is working to expand its presence in North America and Europe to capture the rising demand for natural and holistic beauty products.
A deep dive into Kantar Worldpanel 2021 Brand Footprint
Colgate, Lifebuoy and Dove are the most chosen beauty and personal care brands in the world, with a hygiene focus driving growth in an otherwise flat market, according to Kantar Worldpanel’s 2021 Brand Footprint.
India-based personalised beauty and lifestyle company Vedix is gearing up to make its overseas debut in the Middle East and the US, believing it is well-positioned to tap into trends in self-care and wellness.
International skin care major Beiersdorf has shuffled its leadership team with a CEO succession as it edges into 2021 after reporting an overall sales rise for the first quarter.
Personal care giant Colgate-Palmolive has seen net sales rise for the first quarter (Q1) of 2021, bolstered by a particularly strong surge in APAC, thus continuing its growth trajectory despite ongoing COVID-19-related volatilities.
Today the Estée Lauder Companies’ brand announced the new makeup try-on and product recommendation service as a next-gen version of in-store makeup artist services.
Kao Corporation is working to reinforce the online presence of its high-end beauty brand SENSAI in key markets such as Japan, China and Europe, in order to strengthen its position in the prestige skin care market.
Japanese beauty major Shiseido has announced that it will partially terminate the exclusive global license with Dolce & Gabbana regarding the product development, manufacturing, distribution and marketing of its beauty products.
Personal care major Unilever has finalised the separation of its smaller beauty and personal care brands, now set to operate under a standalone business ‘Elida Beauty’ where executives will decide next moves for generating growth.
WATCH ON DEMAND NOW – EXCLUSIVE COSMETICSDESIGN CIRCULAR BEAUTY WEBINAR
Working in a collaborative and open way will be pivotal in industry’s push to mainstream circular beauty and future-proof business for years to come, says the founder of UK indie brand Beauty Kitchen.
German beauty gummy brand IvyBears has established its Asia headquarters in Singapore to boost business and distribution in Asia-Pacific and North Africa, on the back of its first regional launches in Hong Kong, Thailand, the Philippines and China last...
L’Oréal Paris has unveiled its environmental goals for the next decade, pledging to reduce carbon emissions by 50% and lightweight or sustainably convert its entire packaging portfolio by 2030.
French cosmetics giant L’Oréal sees a bright future for its brands in the Asia Pacific travel retail market, which it believes will become a major driver of its future growth, spurred on by demand from China.
US luxury brand RéVive Skincare wants to expand its international footprint further and continue fast-paced product launches beyond North America, notably Eastern and Western Europe and the Middle East, its CEO says.
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...