Shiseido commences operations at new Osaka-based supply chain base
Shiseido is set to commence operations of its Osaka Ibaraki Factory and West Japan Distribution Center (WJD) in Ibaraki City, Osaka Prefecture, Japan, this month, following its completion in December 2020.
Avon launches first Chinese mainland flagship store
Avon has expanded its geographical reach with the opening of its first flagship store in mainland China.
CJ CheilJedang and National Marine Biodiversity Institute of Korea team up to research potential marine-derived ingredients
CJ CheilJedang and National Marine Biodiversity Institute of Korea have signed a memorandum of understanding to exchange research data on marine resources with a view to discovering new commercial ingredients for the FMCG industry, according to a report published by Yonhap News Agency.
Is kratom the new CBD? Thailand sees sales boom after legalisation
Could the beauty and wellness industry be about to unveil 2021’s answer to CBD? Thailand has seen domestic sales of opioid alternative, kratom boom after the drug was legalized in late August, according to a report published by Bloomberg. The country is now poised to green-light exports to the US, the world’s largest market.
China declares war on plastics; microbeads to be banned and retailers encouraged to reduce plastic packaging
China has unveiled a five-year plan aimed at promoting more eco-friendly plastics, reducing the amount of plastic used in packaging and upping its recycling and incineration capabilities, according to a report published by Reuters.
Head & Shoulders Philippines launches refill pouches; made with 50 percent less plastic than bottles
Procter & Gamble-owned Head & Shoulders Philippines has launched new refill pouches for its Cool Menthol and Smooth & Silky variants.
Fair Trade Commission fines LG Household & Healthcare over store cheating
The Fair Trade Commission (FTC) has fined LG Household & Healthcare 307 million won (US$262,400) over allegedly failing to keep commitments at discount events held at franchise branches of The Face Shop, according to a report by Korea JoongAng Daily.
Australian fashion brands pledge to support Afghan refugees
A consortium of Australian fashion brands is calling on the government to up its quota of Afghan refugees, according to a report published by The Guardian, promising to support incomers to find employment in the industry.
AmorePacific partners with Yogiyo for faster delivery
AmorePacific-owned Aritaum has partnered with food delivery app Yogiyo in order to offer shoppers a faster delivery service from their local drug store, according to a report published by Aju Daily.
JD.com announces leadership change for JD.com and JD Retail
JD.com has announced a leadership change, with Lei Xu being appointed as President of JD.com, Lijun Xin as CEO of JD Retail, and Enlin Jin as CEO of JD Health International, effective immediately.
Indian Actress Deepika Padukone to launch global lifestyle brand; initial focus on beauty and skin care
Indian Actress Deepika Padukone has announced she is set to launch a new lifestyle brand, which will be based in India.
DHC Corp to exit South Korean market following discriminatory row
Japanese cosmetics player DHC Corp is set to exit the South Korean market following a row over race discrimination.
Amorepacific celebrates 76th birthday with ‘Metaverse’ virtual ceremony
Amorepacfic has celebrated its 76th birthday with a virtual ceremony that took place on the ‘metaverse.’
LG Household & Healthcare buys Artic Fox owner, Boinca
LG Household & Healthcare has purchased a majority stake in US-based vegan hair care manufacturer, Boinca, according to a report published by Pulse News.
L’Oréal Travel Retail Asia Pacific announces leadership reshuffle
L’Oréal Travel Retail Asia Pacific has announced that Emmanuel Goulin, Managing Director of the division, has been appointed Deputy Country General Manager of L’Oréal Italy, heading up the Luxe division and succeeding Luca Guillot Boschetti.
Lotte Duty Free to debut sitcom featuring BTS
Lotte Duty Free is set to debut a ‘travel sitcom’ this week featuring K-pop stars BTS, according to a report published by Meaww.
JD.com snaps up minority stake in Lagardere Travel Retail Asia
Lagardere has announced that it has sold a stake in its Lagardere Travel Retail Asia arm to JD.com and a Chinese investment firm for CNY720 million in cash.
Amazon offers real time advice to Indian farmers
Amazon has launched a mobile app aimed at helping Indian farmers to optimise their yield, according to a report published by Bloomberg. The Reactive and Proactive Crop plans will provide agricultural workers with the latest technology and insights.
Shiseido External Director Yoko Ishikura steps down to take on digital leadership role
Shiseido has announced the retirement of External Director Yoko Ishikura, who has been appointed as the Chief Digital Officer of the new formed Digital Agency of Japan.
Unilever Sri Lanka aims to empower 100 percent of work force through ‘Discover your Purpose’ workshops
Unilever Sri Lanka is aiming to empower its work force through its Discover your Purpose workshops, offering it to all 1000 employees.
L’Oréal names Brand GM for La Roche Posay and Cerave, North Asia
L’Oréal has named Ruby Chun Brand General Manager for La Roche Posay and Cerave for the North Asia region, effective immediately, according to a report published by Marketing Interactive.
Botanee gears up for second listing
Yunnan Botanee Bio-Technology Group is gearing up to list on the Hong Kong stock exchange, according to a report published by Bloomberg, quoting sources ‘close to the matter’.
Shiseido offloads prestige make-up brands, bareMinerals, BUXOM and Laura Mercier
Shiseido Americas has announced the sale of prestige make-up brands bareMinerals, BUXOM and Laura Mercier to Advent International. Terms of the transaction were not disclosed by Advent, although a statement published by Shiseido lists the transfer price as US$700 million.
Vogue Singapore to launch NFT series to ‘engage crypto community’
Vogue Singapore is set to launch a series of mystery boxes on NFT marketplace Binance, which comes as part of its September issue.
Elizabeth Arden partners with Emoji on brand collaboration in China
Elizabeth Arden has partnered with the Emoji brand on a new collaboration, with the co-branded gift box and new packaging created to promote the ACE eye cream, Pink Capsules and Ceramide Micro Essence in China.
Woman calls for boycott of Sephora stores after alleged racial profiling incident in Hong Kong
A woman of Pakistani heritage has called for a boycott of Sephora stores after claiming that she was followed out of a Hong Kong store and subjected to a search due to the color of her skin, according to a report published by the South China Morning Post.
VLCC Health Care gears up for IPO
VLCC Health Care is gearing up to float on the Indian stock market, according to a report published by The Times of India.
Chinese retail sales disappoint as floods and COVID-19 stem growth
China saw retail sales grow 8.5 percent in July versus the same period in 2020, according to a report published by CNBC, well below the 11.5 percent growth forecast.
MyGlamm to branch out into baby care with acquisition of BabyChakra
MyGlamm has announced the acquisition of India’s top parenting platform, BabyChakra. Together, the duo plan to build the country’s largest Mom-Baby Content to Commerce platform.
Shinsegae sets Q2 record as luxury sales boom
Shinsegae has posted its largest Q2 operating profit on record, according to a report published by Pulse News.
Alibaba ushers in sweeping change following assault case
Alibaba CEO Daniel Zhang has announced a series of initiatives and disciplinary measures following a serious incident of sexual assault at the company.
P&G fends off Chinese patent challenge
Procter & Gamble has been exonerated by the Shanghai IP Court after a complaint of patent infringement was bought against the US FMCG giant, according to a report published by Iam Media.
Shiseido China launches Beauty Innovations Fund
Shiseido China has announced the launch of a Beauty Innovations Fund in collaboration with Boyu Capital. The fund, which is due to start this year after the relevant regulatory filings are complete, will explore investment opportunities among emerging Chinese brands in cosmetics and wellness.
Watsons debuts AI Foundation Finder Tool
Watsons has announced the launch of its Foundation Finder in its mobile app. The new widget purports to help customers identify their perfect base color and shade, not to mention furthering the brand’s reach into the foundation segment.
Chanel Korea apologizes after data leak following cyber attack
Chanel Korea has issued an apology after a cyberattack leaked customer’s personal data from the membership database of its Fragrance and Beauty division, according to a report by the Korea Herald.
Unilever Bangladesh launches direct-to-consumer e-commerce site
Unilever Bangladesh has launched a direct-to-consumer e-commerce site, named Ushopbd.com.
Procter & Gamble’s new COO is first Indian National to take up role
Last week in a succession announcement, Procter & Gamble named both its new CEO and COO (Jon Moeller and Shailesh Jejurikar respectively) but, in all the fanfare, one important detail was lost: Jejurikar is the first Indian National to take up such a key role at the US FMCG giant, according to a report published by the India Times.
Shiseido bounces back: 1H sales up 21.5 percent
Shiseido is on the road to recovery after COVID-19 saw sales plummet some 26 percent in the first half of 2020. The J-beauty behemoth’s latest set of results tell a different story, with sales rising 21.5 percent in the first six months of 2021, reaching ¥507,687 million.
The Vitamin Shoppe announces expansion into South Korea with e-commerce and online marketplaces
U.S. nutritional retailer The Vitamin Shoppe has announced its expansion into South Korea with the launch of a directly-owned and operated e-commerce busines
Square acquires Afterpay in US$29 billion deal as ‘buy now, pay later’ finance options soar in popularity
Payment company Square has acquired ‘buy now, pay later’ provider Afterpay in a US$29 billion deal, making it the largest takeover bid in Australian history, according to FT.com.
PZ Cussons appoints Lion and Lion to lead digital marketing efforts in Indonesia
PZ Cussons has drafted in Lion & Lion to help it navigate its launch onto the e-commerce market in Indonesia, according to a report published by Marketing Interactive.
AmorePacific storms second quarter with profit up 2680.2 percent yoy
AmorePacific Group has reported a storming set of second-quarter results, according to a report published by Korea Joonang Daily, well above analyst expectations.
Chanel Singapore launches beauty and fragrance e-shop
Chanel has launched a new e-commerce platform for its beauty and fragrance offer for Singaporean shoppers, according to a report published by Tatler Asia.
Hindustan Unilever debuts in-store vending model ‘Smart Fill’ at Mumbai Mall
Hindustan Unilever (HUL) has debuted its new in-store vending model ‘Smart Fill’ at Mumbai’s Reliance Smart Acme Mall, in a pilot project via a partnership with Reliance Retail.
Indonesian marketplace GudangAda raises $100 million in Series B funding round
Indonesian marketplace GudangAda has raised more than $100 million in a Series B funding round, which was led by Asia Partners and Falcon Edge, according to a report by TechCrunch.
MyGlamm closes Series C funding round at US$71 million
India’s DTC beauty brand MyGlamm has closed its Series C funding round at US$71 million with a top up of $47.5 million to the existing $23.5 million crores it had closed in March of this year.
LG Household & Health Care reports bolster Q2 sales thanks to luxury cosmetics sales in China
LG Household & Healthcare has reported a 10.6 YOY Q2 net income rise to 226.4 billion won ($196.8 million), bolstered by the sale of luxury brand cosmetics in China.
Watsons sets carbon offsetting target
Watsons has announced that it is strengthening its commitment to climate change with a target to offset 2,250 tons of carbon dioxide emissions.
Dior Beauty teams up with South Korean Zepeto to launch digital makeup collection
Dior’s beauty arm has teamed up with South Korean social media app Zepeto to launch a digital makeup collection, aimed at a Gen Z audience.
Dolce & Gabbana to launch NFT collection in partnership with luxury digital marketplace UNXD
Dolce & Gabbana is set to launch a new and exclusive non-fungible token (NFT) collection in collaboration with luxury digital marketplace UNXD, powered by the Polygon Network, according to a report by Crypto Daily.
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