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.
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.
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...
International beauty major L’Oréal has reported a surge in global sales for the first quarter of 2021, though activity in Western Europe remains in decline because of the ongoing impact of the COVID-19 crisis, its CEO says.
Croda International-owned Iberchem Group has signed an agreement to acquire French fragrance house Parfex to strengthen sustainable and natural certified offerings and enhance European market presence.
DSM has today (31 March) agreed to acquire the flavour and fragrance (F&F) business of US-based biotech firm Amyris, extending its portfolio with bio-based ingredients for the flavor and fragrance and cosmetics industries.
CosmeticsDesign editors break down the beauty and personal care acquisitions, product innovations and challenges that have arisen under the pressure of the COVID-19 pandemic.
Prestige beauty major The Estée Lauder Companies will up its investment in mass functional beauty player Deciem, establishing terms for full ownership in three years – a move that will diversify it into the increasingly important masstige market, an expert...
Personal care major Unilever has begun the process of separating out some of its smaller beauty and personal care brands as part of a portfolio reshuffle that will also see potential acquisitions in prestige beauty, according to its CEO.
International beauty major L’Oréal has reported an overall loss in net profit for the full year of 2020, despite a spike in sales for the fourth quarter, most notably in active cosmetics and across China.
Japanese cosmetics major Shiseido Company saw its financial performance continue to dip in the fourth quarter, resulting in a 18.6% decrease in net sales and an 86.9% loss in operating profits for the full year of 2020.
International beauty major Revlon has partnered with MDR Brand Management to create a global brand extension strategy that takes it into new spaces and drives deeper consumer engagement across the EMEA, APAC and Americas.
Personal care major Unilever has reported a net sales drop for the fourth quarter and full year of 2020, though its CEO remains pleased with the company’s resilience and volume-based growth.
Japanese cosmetic giant Shiseido Company has announced the decision to sell its low-cost personal care business to CVC Capital Partners in a deal worth 160 billion yen ($1.5bn) in order to focus on its more high-end cosmetic brands.
Personal care giant Colgate-Palmolive has reported a net sales rise for the fourth quarter and full year of 2020 – growth it says can be continued with the right strategies, particularly around premium innovation.
Personal care major Johnson & Johnson has reported a dip in full-year earnings for 2020 despite a sales lift for the last quarter but says it remains confident in the company’s broad-based strengths moving into 2021.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its second quarter (Q2) of fiscal 2021, continuing its upwards trajectory globally despite challenges associated with the ongoing COVID-19 pandemic.
Today, the Tennessee-based specialty surfactants company announced that work has begun on a new manufacturing facility that will make the most of regional localization efforts in and beyond Saudi Arabia.
South East Asian fashion retailer FJ Benjamin Holdings (FJB) has recently expanded into beauty with the addition of cult skin care Dr. Barbara Sturm Molecular Cosmetics to tap into the growing demand for skin care amid COVID-19.
UK e-commerce major The Hut Group has aggressively expanded in recent months, propelling it way ahead of competitors in health and beauty, but it must now deepen its customer base to continue leading in such a crowded market, says GlobalData.
Luxury cosmetic and fragrance markets in the UK, France and Germany have all shown signs of recovery thanks to growth in e-commerce, particularly in prestige perfumes and skin care, finds The NPD Group.
DuPont and IFF have received final regulatory approval from the European Commission for a merger that will create an industry giant valued at more than $45 billion.
Digital marketing and communications agency The Beauty Makers has launched a brand incubator to help build out future innovation-led companies in an increasingly competitive but exciting space, its founding partner says.
Consumer goods major Unilever has completed the unification of its Anglo-Dutch legal structure in a move it says will future-proof business by enabling greater flexibility on strategic portfolio updates.
This week, multinational flavors and fragrance producer Symrise announced having signed an agreement to buy the fragrance and aroma chemicals business of Milwaukee, Wisconsin – based Sensient Technologies. The deal not only expands Symrise’s global reach...
Specialty chemicals major Croda International is set to acquire Spanish fragrance and flavour firm Iberchem in a multi-million-euro deal that creates a full-service offering for beauty and personal care manufacturers.
Imerys Talc America filed for bankruptcy the same month that US District Judge Freda Wolfson issued a ruling that allowed thousands of lawsuits against Johnson & Johnson to proceed. Now, the France-based industrial mineral company is selling its North...
The ongoing coronavirus (COVID-19) pandemic continues to challenge beauty business globally, and another look at the financials shows certain majors and categories continue to fare better than others.
US male grooming brand Manscaped has expanded into the European Union, initially online via its own website and Amazon but over time it will look to secure a brick-and-mortar retail presence, it says.
The beauty and personal care world has faced significant upheaval on a global scale during the ongoing novel coronavirus (COVID-19) pandemic, but it has also emerged as resilient and innovative despite consumer and retail trends morphing at great speed....
Personal care giant Colgate-Palmolive has reported a net sales rise for the third quarter of 2020 and issued full-year guidance due to better visibility, despite continuing challenges related to COVID-19.
International skin care major Beiersdorf has reported a sales drop for the third quarter of 2020 though sales in dermocosmetics grew, proving the segment to be particularly COVID-19 resilient.
International beauty major L’Oréal has reported a global sales rise for the third quarter of 2020 despite operating in a market still reeling from COVID-19, though Western Europe sales declined.
Personal care major Unilever has reported a net earnings dip for the third quarter of 2020 despite signs of volume-led growth across the business, particularly in skin cleansing.
Procter & Gamble (P&G) has reported a net sales rise for its first quarter of fiscal 2021 and raised its full-year outlook as the company continues to fare well despite COVID-19 headwinds.
Japanese skin care brand Meeth is poised to increase its presence in the international market on the back of consumer demand for high-performing, results-driven products.
International beauty major L’Oréal has announced a series of changes at its helm for next year, including the succession of its current CEO and creation of a new business division merging research, innovation and technologies.
Personal care major Johnson & Johnson has reported a lift in sales for its third quarter thanks to growth in its consumer health division, drawing the firm out of its previous Q2 plunge.
Gucci, Louis Vuitton and Cartier are the most-valuable luxury brands in the world with beauty and fragrance offerings, and Givenchy and Tom Ford are the fastest-growing, according to Brand Finance.
The ongoing COVID-19 crisis has hit French cosmetics firms hard, with very few experiencing growth opportunities and many looking for additional support moving forward, according to market analysis conducted by The French Cosmetics Association for SMEs...
Korean skin care and tech start-up LYCL Inc. has outlined strategic plans to advance its expansion beyond its home market and into new product categories following a fresh injection of funding from Beiersdorf and other investors.
Hong Kong-headquartered beauty retailer A.S. Watson is eyeing what it sees as a gap in the market for skin care and masstige segments for success in its first venture into the Middle East.
With sales down nearly 40% year-over-year, the perfume manufacturer updated its 2020 financial guidance this month and shared insight into the company’s holiday expectations and ambitious plans for 2021.
Asia-Pacific beauty retail major A.S. Watson Group is primed to expand into Gulf Cooperation Council countries under an exclusive franchise agreement with regional conglomerate Al-Futtaim.
The UK cosmetics and toiletries sector will see a €1.8bn (£1.7bn) value decline in 2020, after a tough year largely defined by the ongoing coronavirus (COVID-19) crisis. But growth will return in 2021 with the right investments, says GlobalData.
Paris-based personalised perfume workshop The Alchemist Atelier has already expanded into several European countries online and is now exploring options for a physical footprint push, its CEO says.
![SENSAI working to reinforce its online presence in key markets. [SENSAI]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kao-corp-aiming-to-strengthen-super-prestige-brand-sensai-in-key-markets/12391279-1-eng-GB/Kao-Corp-aiming-to-strengthen-super-prestige-brand-SENSAI-in-key-markets.jpg)
![Shiseido will partially terminate the exclusive global license with Dolce & Gabbana. [Dolce & Gabbana]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-partially-terminates-global-license-with-d-g-to-focus-on-2023-targets/12407092-1-eng-GB/Shiseido-partially-terminates-global-license-with-D-G-to-focus-on-2023-targets.jpg)
![L’Oréal sees a bright future for its brands in the Asia Pacific travel retail market. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-banking-on-apac-travel-retail-opportunities-to-drive-big-growth-for-the-group/12391379-1-eng-GB/L-Oreal-banking-on-APAC-travel-retail-opportunities-to-drive-big-growth-for-the-group.jpg)
![Shiseido saw its financial performance continue to dip 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-reports-net-sales-declines-in-q4-and-2020-against-tough-covid-19-conditions/12178099-1-eng-GB/Shiseido-reports-net-sales-declines-in-Q4-and-2020-against-tough-COVID-19-conditions.jpg)
![Shiseido has announced the decision to sell its low-cost personal care business for $1.5bn. [Shiseido/Senka]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/02/04/shiseido-sells-off-personal-care-division-for-1.5bn-to-focus-on-high-end-skin-care/12160915-2-eng-GB/Shiseido-sells-off-personal-care-division-for-1.5bn-to-focus-on-high-end-skin-care.jpg)
![FJB recently expanded into beauty to tap into the growing demand for skin care amid COVID-19. [Dr. Barbara Sturm]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/01/19/fashion-retailer-fjb-bets-on-skin-care-brand-dr.-barbara-sturm-in-effort-to-diversify-business/12074370-1-eng-GB/Fashion-retailer-FJB-bets-on-skin-care-brand-Dr.-Barbara-Sturm-in-effort-to-diversify-business.jpg)
