French beauty giant L’Oréal will not be stamping out Maybelline’s physical presence in China and migrating online completely, despite the strength of e-commerce and plans to close 14 standalone stores, its CEO has confirmed.
French beauty exports will continue to surge in 2022, with China and the US set to remain important business markets for makeup and perfumes in particular, according to the French Federation for Beauty Companies (FEBEA).
From pop-ups to new launches, and digital immersion to sustainability, we reveal how major brands and duty-free retail giants are expecting an imminent travel retail beauty boom as travellers once again take to the skies.
Gotha Cosmetics has set up local production in China, where it believes it can tap into the post-COVID growth potential of the market while lessening the burden of rising shipping costs and delivery lead times.
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.
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.
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...
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.
German personal care multinational Beiersdorf believes China’s domestic beauty scene has global export potential, leading it to expand its NIVEA Accelerator program to help develop innovative beauty tech start-ups.
A round-up of CosmeticsDesign-Europe’s most-read news from May 2021 shows interest in the fragrance potential of essential oils, Unilever’s patent-pending vegan replacement for carmine red and research from Beiersdorf and Norway dismissing digital blue...
The UK government has worked alongside the Cosmetic, Toiletry and Perfumery Association (CTPA) and wider beauty industry to digitally issue Good Manufacturing Practice (GMP) certificates that should enable the export of ‘ordinary’ goods to China without...
Fledgeling niche China fragrance label Maison Dixsept has pinpointed how it aims to tap into massive opportunities domestically but has also underlined how it ultimately hopes to grow into an internationally recognised brand.
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.
The firm behind US-based CBD skin care brand BOTA, Balanced Health Botanicals, says it will no longer invest in the APAC after China announced its proposal to ban the use of cannabis and cannabis extracts in cosmetics.
Procter & Gamble will continue to prioritise superior product design, packaging, and retail execution because it is a far-reaching opportunity that can strengthen long-term competitiveness, says its vice chairman, COO and CFO.
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.
The move by France to provide a government platform enabling beauty manufacturers to qualify for exemptions when exporting general-use cosmetics to China should carve out a path for other countries to follow, says a Procter & Gamble executive.
France has become the first EU country to qualify for exemptions on animal testing for general-use cosmetics exported to China after its National Agency for the Safety of Medicines and Health Products (ANSM) developed a dedicated platform enabling manufacturers...
Swiss fragrance and flavours firm Givaudan says its new fragrance production facility in China will support its abilities to meet growing consumer demand for fragrance that supports sustainability and well-being.