TikTok owner launches fragrance line
The owner of popular social media platform TikTok, ByteDance has unveiled its own fragrance line, according to a report published by Charged Retail Tech News.
Hindustan Unilever sales soar 11 percent
Hindustan Unilever has reported its results for the quarter ended December 31, 2021. The manufacturer of Lifebuoy soap saw sales rise 11 percent and profit after tax swell 17 percent as it made ‘handsome’ market share gains in all divisions, both urban and rural markets and across price segments.
Indonesian start-up Social Bella in funding growth push to gain unicorn status
Indonesian beauty products start-up Social Bella is in talks with investors to raise between US$150 million to US$200 million as part of a growth push to boost its valuation past US$1 billion, giving it unicorn status, according to Bloomberg.
Clarins reports data breach; Singaporean customers may be affected
Clarins has released a statement concerning a data security incident that may affect its Singaporean customers, according to a report published by The Singapore Time.
Shanghai Chicmax Cosmetic plans Hong Kong IPO
Shanghai Chicmax Cosmetic company is reportedly planning an initial public offering (IPO) in Hong Kong as early as this year, according to Bloomberg.com.
Charles & Keith opens concept store at Kaohsiung E Sky Mall
Charles & Keith has cut the ribbon on a concept store at Kaohsiung E Sky Mall. The new space is the brand’s third such boutique to open across the globe since October.
Good Glamm spins off Plixxo, MissMalini, Winkl and Vidooly to create the Good Creator Co
Good Glamm Group has announced that Plixxo, MissMalini, Winkl and Vidooly have come together as the Good Creator Co. As part of the move, Good Glamm has stealth-mode acquired Winkl and Vidooly, which have both been spun off as part of the Good Creator Co.
Bombay Shaving Co raises Rs160 crore in funding round
Bombay Shaving Co has closed a Rs160 crore funding round led by Malabar Investments, according to a report published by Times of India. Other participants included Patni Advisors and Singularity AMC.
Purplle snaps up Faces Canada
Indian e-commerce platform Purplle has announced the acquisition of cosmetics brand Faces Canada from Sequoia India, according to a report published by the Economic Times.
Shiseido and Tencent form global strategic partnership
Shiseido has announced a three-year global strategic partnership with internet and technology company Tencent via its China subsidiary.
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