Beauty major Coty says it recognises the vast potential to create fragranced products that can enhance various aspects of consumers' lives beyond traditional perfumes and colognes, says a top executive.
Over the last three years, the fragrance category has expanded significantly to include more home and lifestyle products, including scent candles, room sprays, and even scented jewellery.
The demand for these products has grown in correlation with the heightened appreciation of scent.
Unilever-owned Pond’s Skin Institute has debuted two skin care product ranges tackling skin ageing and brightening based on the autophagy process at the 25th World Dermatology Congress (WCD 2023) in Singapore.
Pond’s new Age Miracle Ultimate and Bright Miracle Ultimate ranges were developed with the ‘clearance and repair’ philosophy.
The company’s goal with its new skin care products was to boost the autophagy process, especially for people in regions like in South East Asia where the environment tends to intensify autophagy decline.
French beauty company L’Occitane has outlined marketing plans for brands L’Occitane en Provence and Elemis, particularly in the rebounding Chinese market.
Today, China is one of the company’s biggest markets, accounting for 14% of the group’s overall sales, just behind the US at 27%.
“China remains the single biggest growth opportunity for premium beauty brands in the world, and I think for our company, it's no different,” said André Hoffmann, vice chairman and CEO of L’Occitane Group.
Japanese derma brand Dr Ci:Labo’s “breakthrough” retinol products have been underpinned by innovations in delivery system technology.
The brand recently showcased three retinol products at the 25th World Congress of Dermatology in July.
Retinol is one of the best-known skin care ingredients. However, the market has recently seen a surge of renewed interest in this tried-and-tested ingredient.
South Korean beauty giant Amorepacific blames subdued second-quarter (Q2) domestic sales for lacklustre results.
Amorepacific reported on July 26 that revenue dipped slightly by 0.04% to KRW945.4bn (USD983m) while operating profit rose by 0.4% to KRW5.9bn (USD4.6m)
The flat performance was attributed to domestic revenues, which declined by 11.6%.