Nivea Accelerator announces second batch of start-ups
Beiersdorf has launched the second edition of its global start-up acceleration program, Nivea Accelerator (NX) in Seoul.
Hainan province ups duty free allowance for visitors
China’s Hainan province has upped the duty free allowance for visitors as well as increasing the number of goods that qualify for the tax exemption.
Mumbai-based salon owners protest as COVID-19 business closures continue
Mumbai-based salon and beauty owners are said to be wearing black arm bands and staging sit-ins outside their premises in protest against the government’s exclusion of the sector in its Mission Begin Again, according to a report by mid-day.
Shiseido to unveil concept store aimed at millennial shoppers
Shiseido is set to cut the ribbon on a new beauty facility, named Beauty Square on Thursday.
Wangfuijing wins duty free license in bid to get China shopping
Wangfuijing Group has been awarded a license for duty free retail, according to a report published by Reuters.
C-beauty booms despite wider cosmetics slump
Shares in C-beauty companies have experienced an uptick as investors bet on a wholesale switch towards cheaper, local brands in the wake of the coronavirus pandemic, according to a report published by Bloomberg.
Former Skinfood CEO jailed for syphoning off online sales revenue
The former CEO of K-beauty brand Skinfood has been sentenced to five years in prison after he was found guilty of stealing some KRW12 billion from the company’s e-commerce revenue, according to a report published by The Korea Times.
LG Household & Health Care completes deal for Physiogel
LG Household & Health Care has completed its deal to purchase the licence for GlaxoSmithKline’s Physiogel in Asia and the U.S.
AmorePacific hosts pop-up for single momtrepreneurs
AmorePacific hosted a pop-up shop to enable single mom business owners to sell their wares, according to a report published by The Korea Herald.
Estee Lauder names boxer Zhang Weili brand ambassador for China
Estee Lauder has welcomed a new brand ambassador on board for its Chinese market, according to a report published by Sixth Tone. Female fighter Zhang Weili will front campaigns for the brand’s make-up range.
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