Sephora has reportedly called off a retail partnership with Reliance Retail instead continuing its allegiance with Arvind Fashions, according to a report by Mint.
Japanese cosmetics manufacturer Kose has created a new projection mapping simulator for make-up, named Color Machine, according to a report by Nikkei Asia.
Australia’s Competition and Consumer Commission (ACCC) is investigating some 100 influencers after receiving several complaints from the public about ‘misleading’ endorsements and testimonials, according to a report published by Reuters.
Kolmar Korea is set to break ground on a new AI-powered manufacturing facility in Sejong, South Korea, in a matter of months, according to a report published by Pulse News.
Amazon is now offering a logistics service in the all-important Indian market. The e-commerce behemoth has partnered with Quikjet Cargo Airlines and will use its Boeing 737-800 aircraft to deliver to cities across the country such as Mumbai, Hyderabad, Delhi and Bengaluru, according to a report published by Nikkei Asia.
Lotte Duty Free has launched a bricks and mortar store for beauty brand Nonfiction, located at the Seoul flagship, according to a report by Moodie Davitt Report.
Hindustan Unilever has published its results for the quarter ended December 31, 2022. The Indian FMCG behemoth saw sales increase 16 percent during the quarter to Rs 14,986 crore while earnings grew 8 percent and profit was up 13 percent.
OMD has prevailed in a multi-agency pitch, keeping hold of the Nivea India account it has held for almost nine years, according to a report published by Branding in Asia.
LVMH-owned Dior Beauty has named K-pop star and actor Cha Eun-woo as the global ambassador for its newly launched Capture Totale Serum, according to a report published by All K Pop.
UK skincare brand Facetheory has signed an exclusive retail partnership with Sephora Asia.
Shinsegae International has named William Kim as its new CEO, with the retailer looking to push its digital prowess and expand globally, according to a report by Yonhap News Agency.
Two of Unilever’s production facilities have been awarded Lighthouse statues by the World Economic Forum. The award recognises the factories’ use of technology to enhance productivity and efficiency as well as their environmental credentials.
AmorePacific Group has launched a D2C e-commerce platform. Amore Mall, as the new site has been named, is designed to beef up the K-beauty behemoth’s global presence and replace bricks and mortar stores in China, according to a report published by Inside Retail Asia.
Carlyle is rumored to have purchased a controlling stake in VLCC for an estimated US$300 million, according to a report published by Reuters quoting anonymous sources. Carlyle declined to comment on the rumors when approached by Reuters.
Medmix has continued its Asia expansion with the acquisition of a majority stake in Guangdong Qiaoyi Plastic Co, a beauty manufacturing business in Shantou.
L’Oréal Paris has collaborated with collectible toy brand RobbiART on a limited edition collection featuring gift boxes and art toys, according to a report by Jing Daily.
Huda Beauty has shut its flagship store on the Chinese e-commerce platform Huda Beauty, signalling its exit from the Chinese market, according to Inside Retail Asia.
L’Oréal’s corporate venture fund, BOLD has announced a minority investment in micro-printing firm Prinker. Terms of the deal were not disclosed.
Indonesia and Malaysia have signed eight memorandums of understandings aimed at strengthening cooperation between the two palm-oil producing nations and help rebuild palm oil’s reputation, according to a report published by Reuters.
Godrej Consumer Products is forecasting a strong third quarter on the back of ‘strong demand’ for personal care products, according to a report published by Reuters. The Indian FMCG manufacturer is expecting sales to rise in the mid teens while overall profit should see ‘meaningful improvement’.
L’Oréal Philippines has named Yannick Raynaud as its Country Managing Director, according to a report published by L’Officiel.
The Airport Authority of Hong Kong is offering a five-year green tranche as well as three-year, seven-year and 10-year notes to fund its planned expansion as China prepares to lift the travel restrictions that have been in place since the start of the pandemic, according to a report published by Bloomberg.
Kose Corp has signed a global advertising contract with Major League Baseball star Shohei Ohtani, who will become the ‘face’ of the company this month.
Shanghai-based skin care company Chicmax has become the first mainland China skincare company to list on the Hong Kong Stock Exchange, according to a report by WWD.com.
Shiseido and the Norwegian University of Science and Technology has developed an innovative measurement system capable of analysing the three-dimensional face shape as well as optical properties of facial skin such as subsurface scattering light.
Croda is said to have joined bidders vying to acquire Korea’s Solus Biotech, according to a report published by The Korea Economic Daily.
AmorePacific has announced that it has kicked off a strategic collaboration with Johns Hopkins University that will see the K-beauty behemoth support a new research program, New Beauty Research Initiative (NBRI).
What were we expecting of technology in 2022? Well, after the dominance of internet shopping over the prior two years, more of the same, with bells on. All bets were on livestreaming, already a dominant trend in China, booming in the west.
After the ravages of 2020 and 2021, retailers could have been forgiven for hoping for a smoother ride at the start of 2022. Pandemic restrictions were lifted, IRL shopping was back and even travel was resuming. So far, so hopeful.
Cruelty free cosmetics and product safety have long been the dominant regulatory issues faced by the cosmetics industry but, in 2022, we saw lawmakers turn greater attention to greenwashing and the environmental impact of the products on offer too.
In our humble opinion, 2022 wasn’t a year of huge innovation. Launches were subdued compared to pre-pandemic but if there was one prevailing trend among the launches of the year it was celebrity, celebrity and a bit more celebrity.
If there was one issue and one issue only that dominated packaging stories this year, it was sustainability. Packaging suppliers are working on reducing their impact on the environment.
If there was one thing that defined marketing practices in both halves of 2022, it was not just jumping but positively leaping on the marketing bandwagon of the day.
At the start of the year, manufacturers were gearing up for growth. With the end of Covid restrictions in the west and omicron receding, it was back to business.
The supply chain disruption caused by the pandemic showed no signs of abating in early 2022. If anything, it got worse as inflation rose, leading to price rises across the board.
Whether as a result of the pandemic, supply shortages or price gouging, inflation started rising worldwide in mid 2021 and was only exacerbated at the start of 2022 as Russia invaded Ukraine, sending fuel prices soaring.
In the first six months of the year, we saw more and more targets set: Douglas published its global ESG goals, China’s Yatsen published its first ESG report and Christian Dior unveiled its eco strategy, while existing sustainability agendas were expanded or extended
Kao Corporation has released a new cosmetics brand for generation Z men, named UNLICS.
Amorepacific Group has named Lee Sang-mok as its new President, while Amorepacific has appointed Kim Seung-hwan as President.
LVMH has closed all physical retail locations across China for its local luxury skjn care brand, Cha Ling and shut down its official WeChat account, according to a report published by Jing Daily.
Malaysia’s palm oil producers are set to lose up to MYR RM20 billion this year as a shortage of workers hits harvest, according to a report published by the South China Morning Post.
Shiseido has announced a series of partial organizational reforms and personnel changes, all effective January 1, 2023.
Korean duty free chain Shila Duty Free is opening a Gucci Beauty metaverse beauty class, according to a report by Korea Economic Global.
The Good Glamm Group has acquired a majority 51 percent stake in the content-platform Tweak, owned by Actor and entrepreneur Twinkle Khanna.
Indonesia beauty brand ESQA has raised US$6 million in a Series A funding round led by Unilever Ventures, the venture capital arm of Unilever, according to Technode Global.
Kao has announced a series of changes to its leadership, effective January 1, 2023. The Japanese FMCG manufacturer is promoting Masakazu Negoro to Senior Managing Executive Officer, responsible for management finance and Toru Nishiguchi to Senior Managing Executive Officer, Vice President Consumer Products Global.
AmorePacific has signed what it is claiming to be Korea’s first Virtual Power Purchase Agreement (VPPA) with Jeju-based Bukchon Seomo Wind Power.
Amway India has announced that it is rebranding its premium skin care line, Artistry, as Artistry Skin Nutrition, according to a report published by the Business Standard.
Avon has partnered with Perfect Corp to launch a virtual try-on (VTO) online shopping experience in nine initial markets, including the UK.
L’Oréal India is said to be focusing on bringing premium hair care products to the Indian market, according to Omar Hajeri, President, L’Oréal Professional Products division, who spoke to the Mint.