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.
In our round up of the most popular articles from the recent business quarter, we’ve focused on news and trend developments in the North and South American beauty and personal care markets, including the FDA’s suspension of VCRP submissions, the launch...
BASF is expanding its production capacity for alkyl polyglucosides (APGs), surfactant ingredients for use in a range of personal care products including shampoos, bubble baths, mouthwashes and more.
Specialty chemical and ingredients distributor LBB Specialties will ‘exclusively represent Verdant’s Personal Care portfolio’ in the mutually beneficial principal partnership.
The mutually beneficial commercial partnership will allow Sampler to utilize Arcade Beauty founded abeo’s digital sampling and branding solutions as Sampler, whose services are currently available in twenty-three counties, eyes further expansion into...
Multinational fragrance house Eurofragance has made promoting diversity, equality and inclusion (DEI) a priority business objective and says this move has helped it retain talented staff, improve client relationships and solve problems more easily.
L’Occitane Group says its Brazilian-inspired beauty brand Sol de Janeiro has got off to a flying start in the global travel-retail industry with Millennial and Gen Z audiences driving sales with impulse purchases.
Estée Lauder’s chief has emphasised the importance of travel retail to its global beauty business despite the rebound lag in Asia that has forced it to lower its full-year sales forecast.
Shakeup Cosmetics has revealed its major expansion hopes after launching in 170 Boots brick-and-mortar stores with its hybrid skincare-colour cosmetics range.
Job changes and board appointments are an inevitable part of the shifting tides of the cosmetic and personal beauty care industry. In this recurring segment, CosmeticsDesign looks at recent and notable employment changes within these business areas.
Europe’s hairstyling products market is expected to grow by €1.22 billion (US$1.34 billion) to 2026, but the sector is increasingly at risk from the growing trend of counterfeit products.
L’Oréal’s CEO has expressed excitement over the prospect of acquiring Australian luxury brand Aesop, which he believes holds tremendous potential in Asia, and in particular, China.
Markets like India, China, Africa and the Middle East offer a wealth of opportunities for growth in health and beauty, says the commercial director of GlobalData.
Michael Malul London will now serve consumers in twenty-four countries through collaboration with international DTC eCommerce company ESW, who solves multiple pain points for the company’s global brand expansion.
K-beauty company Clio Cosmetics is priming itself for entry into the European, Middle Eastern and South American markets, following record-breaking sales on US e-commerce platforms.
As in-store purchasing of hair removal and bath and shower product categories fell in Q4 2022, the design collaboration between Gillette and Rifle Paper Co. in its latest razor release is an innovative approach to reinvigorate product sales in these categories.
Having gained a celebrity following and strong social media traction, award-winning cosmetics brand Velour Beauty continues to better reach targeted consumers by growing its retail product offerings in Ulta and Sephora stores around the world.
As consumer demand for sustainable cosmetics and personal care products continues to soar, L’Oreal’s investment into US-based biotech company Genomatica further demonstrates the crucial industry commitment to renewable resource development and formulation.
French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
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.
![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)
![Estée Lauder’s chief has emphasised the importance of travel retail to its global beauty business. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-highlights-significance-of-travel-retail-despite-gloomy-results-in-asia/16401056-1-eng-GB/Estee-Lauder-highlights-significance-of-travel-retail-despite-gloomy-results-in-Asia.jpg)
![L'Oréal says Aēsop holds tremendous potential in Asia. [Aēsop]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-on-aesop-beauty-giant-eyes-huge-prospective-growth-for-brand-in-asia-led-by-china/16358795-1-eng-GB/L-Oreal-on-Aesop-Beauty-giant-eyes-huge-prospective-growth-for-brand-in-Asia-led-by-China.jpg)
![A market like India offers great growth promise in health and wellness, for example, as per capita income continues to surge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/beauty-health-and-wellness-growth-promise-in-emerging-markets-like-india-china-middle-east-and-africa-says-globaldata/16347586-1-eng-GB/Beauty-health-and-wellness-growth-promise-in-emerging-markets-like-India-China-Middle-East-and-Africa-says-GlobalData.jpg)
![Clio Cosmetics is priming itself for entry into the European, Middle Eastern and South American markets. [Clio Cosmetics]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/04/17/clio-cosmetics-debuts-on-target.com-as-part-of-bigger-expansion-plans/16228225-3-eng-GB/Clio-Cosmetics-debuts-on-Target.com-as-part-of-bigger-expansion-plans.jpg)
![Aēsop is today present in 29 markets, has 395 stores and increased its gross sales between 2012 and 2022 by €465m (US$509m) [Image: Aesop Facebook]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/04/04/l-oreal-to-acquire-natura-co-owned-aesop-for-us-2.5bn-and-grow-brand-globally/16305295-1-eng-GB/L-Oreal-to-acquire-Natura-Co-owned-Aesop-for-US-2.5bn-and-grow-brand-globally.jpg)
![Ouai say opportunities abound in scalp care as interest and awareness of scalp health grows in South East Asia. [Ouai]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/ouai-hair-care-observes-rising-interest-in-scalp-care-in-sea/16257670-1-eng-GB/Ouai-hair-care-observes-rising-interest-in-scalp-care-in-SEA.jpg)
![Olive Young is making inroads into the Middle East region. [Wakemake]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/olive-young-testing-the-waters-in-middle-east-with-makeup-brand-wakemake/16177478-1-eng-GB/Olive-Young-testing-the-waters-in-Middle-East-with-makeup-brand-Wakemake.jpg)
![The perceived value of a beauty product is now more important than ever for consumers, but it's not just about price [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/03/09/mintel-says-value-key-in-beauty-during-cost-of-living-crisis-with-premiumisation-shopping-experiences-and-mood-key-trends/16238065-1-eng-GB/Mintel-says-value-key-in-beauty-during-cost-of-living-crisis-with-premiumisation-shopping-experiences-and-mood-key-trends.jpg)
![A round-up of the business and financial updates in the APAC cosmetics industry. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/02/24/l-occitane-hourglass-hul-in-our-beauty-business-update/16185398-1-eng-GB/L-Occitane-Hourglass-HUL-in-our-beauty-business-update.jpg)
![Perfume Oil Expressions believes its business can scale and succeed in overseas markets in Asia, Europe, and North America. [Perfume Oil Expressions]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/perfume-oil-expressions-eyes-international-expansion-plans/16155572-1-eng-GB/Perfume-Oil-Expressions-eyes-international-expansion-plans.jpg)
![Shiseido will start to prioritise strategic investments in three key areas. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/02/21/shiseido-will-make-proactive-investments-for-revenue-growth-from-2023-ceo/16170182-1-eng-GB/Shiseido-will-make-proactive-investments-for-revenue-growth-from-2023-CEO.jpg)
![Consumers are increasingly invested in the health of their hair and are investing in the premium end of the market to achieve desired looks and outcomes [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/02/14/l-oreal-ceo-says-hair-care-is-booming-as-consumers-show-interest-in-premium-luxury-products/16169579-1-eng-GB/L-Oreal-CEO-says-hair-care-is-booming-as-consumers-show-interest-in-premium-luxury-products.jpg)
![Estée Lauder CEO says skin care, fragrance, and luxury hair care as key drivers of growth in China. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-china-skin-fragrance-luxury-hair-categories-set-to-lead-growth-in-reopening/16155770-1-eng-GB/Estee-Lauder-China-Skin-fragrance-luxury-hair-categories-set-to-lead-growth-in-reopening.jpg)
![L'Oréal's active cosmetics division, featuring its 'billionaire brands' La Roche-Posay and CeraVe, reported the strongest growth for the full year [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/l-oreal-full-year-2022-net-profit-up-22.6-with-strongest-growth-in-active-cosmetics-division/16161158-2-eng-GB/L-Oreal-full-year-2022-net-profit-up-22.6-with-strongest-growth-in-active-cosmetics-division.jpg)
