The South Korean arm of South East Asian e-commerce platform Shopee has inked a deal with the Korean SMEs and Startups Agency (KOSME) to form a logistics service to facilitate the entry of Korean products to Poland.
The success of e-commerce mega sales days like Double 11 and 6.18 have created even more demand for such campaigns, creating more opportune moments for beauty brands to acquire new customers and increase baseline sales, says a Singapore-based expert.
A.S. Watson's health and beauty division grew up by 17% on the back of growth in Europe which helped to offset declines in China brought about by COVID-19
Several major beauty brands and retailers have suspended operations in Russia amidst the ongoing Ukraine conflict – action that aligns with widespread consumer sentiment and the increasing difficulties of doing business in the country, according to one...
A trio of Japanese cosmetics companies – Shiseido, Kao and Lion – have stepped up to aid relief efforts in Ukraine amid Russia’s ongoing attacks on the country.
German consumer goods major Beiersdorf is gearing up to expand its business in China through Nivea and Eucerin, which it believes have the potential to have as much success as its luxury brand La Prairie.
International skin care major Beiersdorf wants to reinvent its flagship Nivea brand over the next financial year, carving out a more global, digital and sustainable offering, its CEO says.
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.
French beauty giant L’Oréal Group has credited the boom in luxury fragrance to the growing appreciation among Chinese consumers and expects it to continue growing by double-digits in the years to come.
UK-headquartered Revolution Beauty Group has completed its acquisition of BH Cosmetics assets in a €3.4m deal set to re-energise the US brand after its bankruptcy filing in January.
Beauty and fragrance manufacturer Coty reports that the growth of its prestige beauty business in China is outstripping the market, with the firm predicting that the luxury sector, in particular, is ripe for future growth.
International trade of French beauty and personal care products was up 2.5% in 2021 versus 2019, largely due to rising trade of makeup, face care and perfumes and record growth rates in exports to China and the US, says the French Federation for Beauty...
Beauty major Estée Lauder Companies says it will be increasing its coverage across all channels in China this year to capitalise on the growth potential of its beauty market.
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.
UK wellness retailer Holland & Barrett will open 120 stores across Greece, Bulgaria, and Romania over the next few years following a partnership deal with Fourlis Group.
Personal care major Unilever has split out its operations into five distinct business units to create a more category-focused company, breaking up its largest division beauty and personal care.
Cosmetics major Lush will heavily invest in brick and mortar modernisation across its European store network this year, in a clear nod to the potential it sees for the high street.
Personal care major Beiersdorf will acquire a stake in German-based skin diagnosis startup dermanostic as part of its wider digitalisation strategy, particularly for its derma brand Eucerin.
International personal care major Colgate-Palmolive is continuing to take worldwide pricing action and strengthen innovation and productivity to counter the ongoing cost inflation crisis, its chief financial officer says.
UK indie brand The Gruff Stuff wants to expand further internationally with its small range of no-nonsense skin care products it says offer welcome simplicity amidst an overly complicated category.
Health and beauty retailer A.S. Watson says it has taken another step forward in sustainability by co-creating a skin care brand with Procter & Gamble that aligns with its Sustainable Choices product range.
UK-based startup Chāmpo has secured funding it says will be used to drive retail growth, international expansion and NPD during an exciting and pivotal time for the hair care market.
Beauty major L’Oréal has signed an agreement to acquire US superfood skin care specialist Youth to the People in a move set to deepen its ethical offering in an increasingly competitive market, say experts.
British well-being brand NEOM is partnering with retailer Anthropology to expand into the US market. CosmeticsDesign spoke with NEOM founder Nicola Elliott about the international expansion, the well-being space and the brand's "everywoman"...
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.
We round up our most-read stories on the activities of the big-name beauty brands in the region, featuring news updates from Estée Lauder, LG Household & Health Care, Hindustan Unilever and more.
Johnson & Johnson (J&J) will become more competitive in personal care after the carve out of its consumer health business, particularly if it invests in personalised and premium NPD, an analyst says.
Japanese beauty and personal giant Shiseido will be making “aggressive marketing investments” in the fourth quarter to capitalise on what it believes is the beginning of market recovery from this year’s COVID-19 resurgence.
Personal care titan Johnson & Johnson (J&J) will split out its consumer health business to create a new publicly traded company, part of its wider plan to pursue more targeted growth strategies.
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.
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 major Unilever has reported a net sales rise for its third quarter (Q3) of 2021, with strong growth in the Americas and across its prestige beauty division, but the future will prove challenging as price inflation continues.
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.
Upcycled coffee startup Kaffe Bueno has been awarded a European Innovation Council (EIC) grant that it plans to use to build a coffee biorefinery and scale-up its active ingredient offering.
European color cosmetics brand Catrice Cosmetics has announced a shake-up to its retail strategy for 2022, with the company focusing on making it products available only through its own website and via Amazon.
UK-Singapore headquartered biotech startup Sequential Skin has secured more funding in its latest seed round that it plans to use for global expansion of its at-home skin diagnostics patch, in both a B2B and D2C capacity, its CEO says.
The LVMH Group has acquired French fragrance and cosmetics company Officine Universelle Buly 1803, citing the strong philosophy match would see global growth flourish.
Skin care and lifestyle brand Athletia is set to make its international debut this October in the UK, where it hopes to orchestrate future European expansion plans within the next three years.
Japanese beauty group Shiseido’s decision to sell off three more brands in bid to focus on high-end skin care as its core category is a ‘no-brainer’, with beauty experts saying it is a smart decision to strengthen the company’s position in uncertain times.
Estée Lauder Companies CEO has remarked on the strength of China’s beauty market, and said he was expecting it to grow by double-digits next year on the back of the acceleration of its online business.
Retail major Walgreens Boots Alliance has partnered with app-based food delivery firm Deliveroo in the UK for a pilot scheme offering home deliveries of 400+ health and beauty items in select regions.
![Shopee has inked a deal with KOSME to facilitate the entry of Korean products to Poland. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shopee-korea-scores-3m-government-project-to-bring-k-beauty-to-poland/15371109-1-eng-GB/Shopee-Korea-scores-3m-government-project-to-bring-K-beauty-to-Poland.jpg)
![[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-market/15364581-1-eng-GB/China-focus-Latest-developments-in-China-s-booming-beauty-market.jpg)
![The success of e-commerce mega sales have created even more demand for such campaigns. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/04/25/more-mega-sales-events-can-help-beauty-brands-get-new-customers-and-drive-sales/15331527-1-eng-GB/More-mega-sales-events-can-help-beauty-brands-get-new-customers-and-drive-sales.jpg)
![ASW's performance in Europe offsets declines in China brought about by COVID-19. [ASW]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/a.s.-watson-fy2021-europe-takes-the-strain-as-china-sales-slow-due-to-covid-19-woes/15263566-1-eng-GB/A.S.-Watson-FY2021-Europe-takes-the-strain-as-China-sales-slow-due-to-COVID-19-woes.jpg)
![Estée Lauder, LVMH and Sephora are among a number of beauty companies cutting ties with Russia amidst the ongoing Ukraine conflict [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/03/22/russia-ukraine-war-impact-on-beauty-industry-with-brand-ceasing-operations-online-and-in-store/15259414-1-eng-GB/Russia-Ukraine-war-impact-on-beauty-industry-with-brand-ceasing-operations-online-and-in-store.jpg)
![A trio of Japanese cosmetics companies have stepped up to aid relief efforts in Ukraine amid Russia’s ongoing attacks. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-kao-and-lion-show-solidarity-with-ukraine-amid-intensifying-conflict-with-russia/13325584-1-eng-GB/Shiseido-Kao-and-Lion-show-solidarity-with-Ukraine-amid-intensifying-conflict-with-Russia.jpg)
![Beiersdorf is gearing up to expand its business in China through Nivea and Eucerin. [Beiersdorf]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/beiersdorf-eyeing-opportunities-to-win-over-the-china-skin-care-market/13288729-1-eng-GB/Beiersdorf-eyeing-opportunities-to-win-over-the-China-skin-care-market.jpg)
![Beiersdorf has global expansion plans for Nivea via active ingredient and sustainable packaging innovation [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/03/08/beiersdorf-reinventing-nivea-into-global-skin-care-brand-in-2022-via-active-ingredient-sustainable-innovation-says-ceo/13303636-1-eng-GB/Beiersdorf-reinventing-Nivea-into-global-skin-care-brand-in-2022-via-active-ingredient-sustainable-innovation-says-CEO.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)
![L’Oréal Group has credited the boom in luxury fragrance to the growing appreciation among Chinese consumers. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-on-how-luxury-fragrance-growth-is-being-driven-by-explosion-of-interest-in-china/13248289-1-eng-GB/L-Oreal-on-how-luxury-fragrance-growth-is-being-driven-by-explosion-of-interest-in-China.jpg)
![Watsons says positioning itself as a ‘skin care expert’ is key to achieving success in the Middle East market. [Watsons]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/watsons-reveals-strategy-for-success-in-vibrant-middle-east-skin-care-category/13248238-1-eng-GB/Watsons-reveals-strategy-for-success-in-vibrant-Middle-East-skin-care-category.jpg)
![BH Cosmetics offers a range of affordable, vegan makeup products and brushes via its D2C site and select retail listings [Image: Revolution Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/25/revolution-beauty-acquires-bh-cosmetics-assets-plans-international-expansion/13274404-1-eng-GB/Revolution-Beauty-acquires-BH-Cosmetics-assets-plans-international-expansion.jpg)
![Kao, L’Occitane, LG H&H and more feature in this 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/kao-l-occitane-and-more-in-our-latest-beauty-business-and-finance-update/13267975-1-eng-GB/Kao-L-Occitane-and-more-in-our-latest-beauty-business-and-finance-update.jpg)
![Coty reports that the growth of its prestige beauty business in China is outstripping the market. [Coty / Gucci Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-china-prestige-beauty-grows-six-times-faster-than-the-market/13248340-1-eng-GB/Coty-China-prestige-beauty-grows-six-times-faster-than-the-market.jpg)
![French beauty trade with China hit an all-time high in 2021, representing €1.9bn in business, with the APAC country now the 'leading destination' for exports [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/french-beauty-exports-hit-record-year-in-2021-with-china-us-makeup-and-face-care-strong-says-febea/13246198-1-eng-GB/French-beauty-exports-hit-record-year-in-2021-with-China-US-makeup-and-face-care-strong-says-FEBEA.jpg)
![Estée Lauder Companies says it will be increasing its coverage across all channels in China this year. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-china-preparing-to-increase-presence-across-all-retail-channels/13235929-1-eng-GB/Estee-Lauder-China-preparing-to-increase-presence-across-all-retail-channels.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)
![Unilever will now operate under five category-focused business groups: beauty & wellbeing; personal care; home care; nutrition; and ice cream [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/08/unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care/13223699-1-eng-GB/Unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care.jpg)
![Lush has unveiled three of its store refits with the latest opening in Leicester last week [pictured] featuring dedicated consultation space, clearly differentiated zones and a gifting service space [Image: Lush]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/02/lush-5m-store-upgrade-investments-across-uk-and-europe-to-improve-consumer-experience/13207571-1-eng-GB/Lush-5m-store-upgrade-investments-across-UK-and-Europe-to-improve-consumer-experience.jpg)
![Düsseldorf-based dermanostic offers online consultations with experienced dermatologists, simplifying and speeding up access to help for specific skin conditions [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/beiersdorf-to-acquire-stake-in-dermanostic-digital-diagnosis-startup-to-drive-eucerin-digitalisation/13145304-1-eng-GB/Beiersdorf-to-acquire-stake-in-dermanostic-digital-diagnosis-startup-to-drive-Eucerin-digitalisation.jpg)
![Colgate-Palmolive, as with many other big beauty players, has rolled out out new pricing strategies worldwide to counter significant cost inflation in commodities and logistics [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/23/colgate-palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care/13118987-1-eng-GB/Colgate-Palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care.jpg)
![The Gruff Stuff's line of spray-on face moisturiser, spray-on body lotion and cream eye serum have been designed to intensely hydrate [Image: The Gruff Stuff]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/16/uk-indie-beauty-brand-the-gruff-stuff-eyes-international-expansion-with-fuss-free-skin-care/13101900-1-eng-GB/UK-indie-beauty-brand-The-Gruff-Stuff-eyes-international-expansion-with-fuss-free-skin-care.jpg)
![A.S. Watson co-created a skin care brand with Procter & Gamble that aligns with its Sustainable Choices product range.[A.S. Watson / P&G]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/a.s.-watson-sees-p-g-collaboration-as-opportunity-to-expand-sustainable-beauty-offerings/13091000-1-eng-GB/A.S.-Watson-sees-P-G-collaboration-as-opportunity-to-expand-sustainable-beauty-offerings.jpg)
![Chāmpo offers a range of shampoos, conditioners and hair oils made using active botanicals based on Ayurvedic principles [Image: Chāmpo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/ayurvedic-hair-care-brand-champo-secures-1m-pre-series-a-funding/13092572-1-eng-GB/Ayurvedic-hair-care-brand-Champo-secures-1m-pre-Series-A-funding.jpg)
![LA-based skin care brand Youth to the People offered a range of superfood-charged products, including kale, green tea and spinach cleansers and exfoliants [Image: Youth to the People]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/09/l-oreal-to-acquire-youth-to-the-people-in-move-set-to-strengthen-ethical-status-and-competitive-edge-in-skin-care/13081556-1-eng-GB/L-Oreal-to-acquire-Youth-to-the-People-in-move-set-to-strengthen-ethical-status-and-competitive-edge-in-skin-care.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)
![Most-read stories on the activities of the big-name beauty brands in the region. [HUL / Love Beauty and Planet]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/estee-lauder-lg-h-h-and-hul-feature-in-our-big-brand-round-up/13040911-1-eng-GB/Estee-Lauder-LG-H-H-and-HUL-feature-in-our-big-brand-round-up.jpg)
![Johnson & Johnson's decision to spin-off its consumer health unit will create space for dedicated R&D investment in personal care, benefitting consumers [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/11/22/johnson-johnson-consumer-health-company-to-become-premium-competitive-business-says-globaldata/13032125-1-eng-GB/Johnson-Johnson-Consumer-Health-Company-to-become-premium-competitive-business-says-GlobalData.jpg)
![Shiseido will be making “aggressive marketing investments” in the fourth quarter. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-will-increase-marketing-investments-by-132m-after-holding-back-in-previous-year/13007293-1-eng-GB/Shiseido-will-increase-marketing-investments-by-132m-after-holding-back-in-previous-year.jpg)
![Johnson & Johnson plans to complete the carve-out of a standalone Consumer Health business by the end of 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/johnson-johnson-splits-consumer-health-business-to-drive-growth/13016725-1-eng-GB/Johnson-Johnson-splits-consumer-health-business-to-drive-growth.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)
![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)
![Unilever is facing ongoing rising raw material costs and raised its pricing across its beauty and personal care division, a move that will be tough for consumers in emerging markets where it plays heavily [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/21/unilever-q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future/12947452-1-eng-GB/Unilever-Q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future.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)
![Kaffe Bueno plans to use most of the grant money to build a biorefinery in Denmark and advance soon-to-be launched upcycled coffee active ingredients targeting sun care, makeup, hair care and skin care [Image: Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/15/upcycled-coffee-startup-kaffe-bueno-awarded-2.5m-european-innovation-council-grant2/12930247-1-eng-GB/Upcycled-coffee-startup-Kaffe-Bueno-awarded-2.5m-European-Innovation-Council-grant.jpg)
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