UK retailer The Perfume Shop saw record sales at the end of its 2022 financial year. We spoke to its MD about its plans and why it's still betting on brick-and-mortar.
Its trio of mass-market skin care brands saw impressive growth for the German company by the end of Q3, while sales of luxury brand La Prairie continued to decline.
According to an Oxford Economics study commissioned by the British Beauty Council, the British beauty industry has lost around £850m in exports to EU countries since Brexit.
Although Beauty & Personal Care sectors saw strong results, Unilever will change its strategy with a new focus, new appointments, plus sale of the Dollar Shave Club.
We round up the most recent developments in the exciting Chinese beauty market, including SENSAI’s new Shanghai flagship, Perfect Diary’s latest lip innovation, and more.
Here we reveal exclusive insights from local players and insiders like Biologi and Mary Grace Cosmetics on how Australia’s cosmetics industry is evolving under the pressure of economic uncertainties.
We spoke to the founder of Dutch lifestyle brand Rituals Cosmetics, Raymond Cloosterman, about business expansion, travel-retail and trends in the wellness space.
Indonesia's recent trade regulation calling for the separation of social media and e-commerce poses a significant challenge to the pursuit of an integrated social commerce journey, especially for SME brands in the beauty space and beyond.
The global summit for the travel-retail industry kicked off in Cannes today, with some key messages and insights for those working in beauty travel-retail...
We round up the most recent developments in the exciting Chinese beauty market, including the impact of Japan’s nuclear wastewater release, Burberry’s potential in China and more.
As the European Parliament’s ENVI committee voted for a report that will attribute extra costs to the cosmetics industry, the trade organisation Cosmetics Europe said it had "a number of concerns”.
Cross-Border Commerce Europe has just released its 'Top 250 Fashion & Beauty Retail Europe' report, which ranks the top online fashion and beauty retailers and marketplaces across the EU, UK, Switzerland and Norway.
South Korean travel retailer Lotte Duty Free has invested in a government-backed project that supports local brands in entering and gaining presence in the Japanese market.
Integrity Partners Group will expand operations for distribution companies to serve cosmetics and PBC product manufacturers better across the US and internationally.
The Cosmetic, Toiletry and Fragrance Association of Singapore (CTFAS) is set to launch the CTFAS Academy, which it hopes will elevate cosmetics industry standards in Singapore.
German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
In the first financial results call since its merger, fragrance and flavours company DSM-Firmenich AG presented its half-year and Q2 sales results on a pro forma basis.
Symrise saw sales of €2.4bn for the first half of 2023, up by 6.8%. However, core profit was down and Scent & Care suffered due to a mix of inflation and unexpected events.
For the first six months of 2023, the French beauty multinational posted a net profit of €3.36bn, up by 4% year on year with growth from both volume and value sales.
Despite a slowdown in growth for LVMH Group, the Perfumes & Cosmetics division was still up 13% thanks to a "highly selective and high-quality distribution policy"
To provide small and medium indie beauty brands with the digital support needed to better connect consumers with best match products, Perfect Corp.’s new beauty accelerator program makes its digital tools accessible for free use.
![[Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/china/china-focus-latest-developments-in-china-s-booming-beauty-market17/16854690-1-eng-GB/China-focus-Latest-developments-in-China-s-booming-beauty-market.jpg)
![Indonesia's regulation calling for the separation of social media and e-commerce poses a significant challenge to the pursuit of an integrated social commerce journey. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/10/09/indonesia-tiktok-shop-ban-new-social-commerce-regs-a-blow-for-seamless-buying-experiences/16817942-1-eng-GB/Indonesia-TikTok-Shop-ban-New-social-commerce-regs-a-blow-for-seamless-buying-experiences.jpg)
![[Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/09/28/china-focus-latest-developments-in-china-s-booming-beauty-market/16744688-1-eng-GB/China-focus-Latest-developments-in-China-s-booming-beauty-market.jpg)
![Korea says it will work with local regulators to support and expand cosmetic exports to the Vietnamese market. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/regulation-safety/korea-aims-to-boost-k-beauty-export-to-vietnam-by-streamlining-regulations/16757759-1-eng-GB/Korea-aims-to-boost-K-beauty-export-to-Vietnam-by-streamlining-regulations.jpg)
![Dot & Key has grown five times over the past couple of years after repositioning it to attract mass market audiences. [Dot & Key]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/dot-key-grows-five-fold-since-2021-on-the-back-of-repricing-efforts/16714823-1-eng-GB/Dot-Key-grows-five-fold-since-2021-on-the-back-of-repricing-efforts.jpg)
![CTFAS is set to launch the CTFAS Academy, which it hopes will elevate cosmetics industry standards in Singapore. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/ctfas-academy-singapore-industry-association-aims-to-uplift-local-cosmetics-sector-with-new-programme-launching-in-october/16654427-1-eng-GB/CTFAS-Academy-Singapore-industry-association-aims-to-uplift-local-cosmetics-sector-with-new-programme-launching-in-October.jpg)
![Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s sales decline. [La Prairie]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/la-prairie-h1-sales-decline-attributed-to-diagou-woes-in-china-and-korea/16648727-1-eng-GB/La-Prairie-H1-sales-decline-attributed-to-diagou-woes-in-China-and-Korea.jpg)
![L’Oréal chief says consumer consumption and confidence is improving in China but cautions that the recovery process will be slower than expected. [Helena Rubinstein]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-ceo-sees-clear-signs-of-consumption-recovery-in-china/16620570-2-eng-GB/L-Oreal-CEO-sees-clear-signs-of-consumption-recovery-in-China.jpg)
![Grown Alchemist is set to make its South East Asian debut in September. [Grown Alchemist]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/grown-alchemist-furthers-asia-expansion-with-sephora-sea-launch/16611420-1-eng-GB/Grown-Alchemist-furthers-Asia-expansion-with-Sephora-SEA-launch.jpg)
