Media agencies vie for L’Oréal Singapore US$5 million account
Several media agencies are jostling to win the account for L’Oréal Paris’ Singapore arm, according to a report published by Mumbrella Asia. Incumbent agency Carat (Dentsu Aegis Network) is said to be pitching to retain the business, estimated to be worth US$5 million...
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Fish skin: the new miracle anti-aging ingredient?
If you thought snail slime was the limit, think again. New Zealand-based nanofiber manufacturer Revolution Fibres has launched a sheet mask made from fish skin, according to a report published by Stuff. OK, we may have simplified that just a little; indeed, the mask...
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Unilever drafts in WPP for Foundry project
Unilever has announced a partnership with WPP that will encourage collaboration between the media network’s various agencies and the start-ups based at the FMCG behemoth’s accelerator in Singapore, The Foundry, according to a report published by The Drum. The...
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L’Occitane to open Singapore-based pop-up café
L’Occitane has announced plans to open a new pop up café, named A Journey in Every Sense’, at Ion Orchard, Singapore between 3-16th July. Launched in collaboration with dessert specialist Janice Wong, the French beauty giant is capitalizing on the current trend for...
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L’Oréal connects with Chinese consumer through new WeChat Hey Tea campaign
L’Oréal has connected with its Chinese consumers through a new collaboration with trendy tea shop Hey Tea via the WeChat app. The partnership, which highlights the French beauty giant’s dedication to localizing its marketing and building on regional preferences, sees...
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This is the future of beauty in China: LF Beauty predicts anti-blue light products will be the next big thing
LF Beauty launched its Creative Days concept event at LiFung Plaza in Shanghai earlier this week. The beauty supplier noted that China is one of its key markets, as well as the largest and fastest beauty market in the world. “Today’s consumer is always looking for...
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Enter ‘street beauty’ – Hej Street Beauty to disrupt beauty retail across Thailand and CLMV
A beauty retailer inspired by street art and fashion is set to disrupt the beauty retail industry, according to a report published by Coconuts.co Set up by Jenny Wongjesadasakul, Hej Street Beauty opened its first store in Bangkok at the start of April and is already...
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Turkey to retaliate against US protectionism with tariff on cosmetics
Turkey is set to give as good as it gets, responding to the US’ decision to impose tariffs on Turkish steel and aluminium imports with counter measures, according to a report published by AA.com quoting Economy Ministry sources. Turkey will usher in US$266.5 million...
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LG Chairman dies; adopted son expected to inherit
LG has announced that its Chairman, Koo Bon-moo, has died at the age of 73. His adopted son, Koo Kwang-mo is expected to step into his shoes, according to a report published by Bloomberg. Koo junior was nominated to the LG Corp board last Thursday. He currently holds...
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Russia to beef up petrochemicals output with Sibur plant
Russia is hoping to become a petrochemicals powerhouse, according to a report published by Reuters. Currently, per Reuters, the country accounts for just one percent of global petrochemical output, ranked behind the US, Europe, Thailand, Taiwan, Brazil, Iran and...
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Indian government to make animal ingredients disclosure mandatory for cosmetics packaging
The Indian government is set to amend the Drugs and Cosmetics Rules, 1945, to make it mandatory for cosmetic and toiletries makers to put a full disclosure on packaging regarding the inclusion of any ingredients of animal origin, according to a report by livemint.com....
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Beiersdorf collaborates with NetEase Kaola to expand online presence in China
Beiersdorf has partnered with Chinese online platform NetEase Kaola in a bid to expand its online presence in the Chinese market. While financial details of the deal were not disclosed, the collaboration gives the company’s Nivea brand access to more than 900 million...
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K-beauty’s Hera opens Singapore store
AmorePacific-owned luxury beauty brand Hera has opened its first store in Singapore, according to a report published by Pulse News. The K-beauty brand is hoping that the new Singapore location will lead to further stores across Southeast Asia as part of a wider move...
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‘More pathetic than dirt stuck under a toenail’: L’Oréal Korea workers record abusive manager’s insults
Employees of L’Oréal Korea are hoping to unseat a manager at the company who, they claim, is routinely verbally abusive and even physically abusive, striking one member of staff on the neck with a notepad, according to a report published by the Korea Times. Employees...
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Profit plunges at AmorePacific as Chinese shoppers stay home
Although rival LG’s balance sheet looks distinctly healthy, the Chinese boycott is continuing to affect profits over at AmorePacific. According to a report published by the Korea Times, the K-beauty behemoth saw net profit dive 20.9 percent in the first quarter of the...
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Alibaba expands presence in Pakistan with online retailer acquisition
E-commerce giant Alibaba is said to be expanding its foothold in the Pakistan through the purchase of online retailer Daraz. Daraz, which was founded in 2012 by Rocket Internet, sells goods from beauty to electronics and consolidates Alibaba's development in South...
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Pantanjali emerges as India’s ‘most trusted’ FMCG brand
Patanjali has seen off competition from the likes of Hindustan Unilever to emerge as India’s ‘most trusted’ FMCG company, according to TRA's Brand Trust Report 2018. The company beat around 1000 companies to the top spot, including Dabur and ITC, with around 2,500...
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Going up? Chanel ushers in fifth price rise in 12 months in Korea
Chanel will up prices of certain products in all stores and duty free outlets across Korea next week, according to a report published by The Chosun ILBO. The hike is the fifth rise in the space of a year, and will be implemented despite the improving Won. The latest...
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US hair care brand IGK launches in Southeast Asia
US hair care brand IGK has landed in Southeast Asia, according to a report published by Star2.com The brand will be stocked in Sephora stores across the South East Asia region and available online via Sephora’s regional websites. “We’re very excited to bring IGK to...
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Malaysian cosmetics brand Elianto Make Up launches durian-inspired range
Malaysian cosmetics brand Elianto Make Up has launched a collection inspired by the most divisive of fruit, the durian, according to a report published by star2.com. Elianto has selected the most sought-after variety of durian, the Musang King, as the muse for its...
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FDA issues rule violation warning to It’S Hanbul and Cosmecca
The Food and Drug Administration has issued a warning to Korean cosmetics makers It'S Hanbul Cosmetics and Cosmecca for ‘significant violations of current good manufacturing practice.’ Both companies were pulled up for violating good manufacturing practice (CGMP)...
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Travel retail buoys Estée Lauder Companies’ Q3 results
Estée Lauder Companies has reported strong Q3 results ending 31 March 2018, with net sales rising 18 percent to $3.37bn, a boost partly attributed to a strong quarter for its travel retail arm. Travel retail secured double-digit sales growth across most of the...
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European Parliament votes to support The Body Shop and Cruelty Free International-backed call for a global ban on animal testing
MEPs have voted in an overwhelming majority to adopt a resolution to support a worldwide-ban on cosmetic testing on animals, a move backed by The Body Shop and Cruelty Free International. Some 620 MEPs voted in favour of the EU launching a diplomatic drive for a...
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Now you see it? Facebook Messenger launches AR capability
Facebook’s Messenger App has unveiled an augmented reality capability which will allow users to visualize potential purchases in the context of their daily lives, according to a report published by Reuters. The social media giant is hoping that the new feature will up...
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North-South cooperation could lead to new K-beauty actives
Increasing cooperation between North and South Korea could lead to the creation of new cosmetic ingredients, according to a report published by The Korea Times. Following the historic summit held between President Moon Jae-in and Kim Jong-un at the end of April at...
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Masculinity re-defined: Louis Vuitton launches men’s fragrance range
LVMH-owned Louis Vuitton is set to launch a men’s fragrance range, according to a report published by the South China Morning Post. Following from its successful women’s line, which debuted in 2016, the new collection comprises five scents, all with a unisex slant in...
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LG Household & Health Care to bring Belif to Europe
LG Household & Health Care has launched its Belif skin care range onto the European cosmetics market, according to a report published by Pulse News. The brand debuted across 17 European countries simultaneously last week as it hit shelves in Sephora, including...
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Estée Lauder Companies expands paid parental leave to 20 weeks in new enhanced family-benefits program
The Estée Lauder Companies has announced an enhanced family-benefits program for employees, which includes expanding its paid parental leave duration to 20 weeks. Effective May 1st, 2018, employees that are based in the US, full time, and have served more than 90 days...
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China’s top court rules in favor of Dior in long-running IP fragrance trademark case
Dior has emerged successful in a long-running battle against the Trademark Review and Adjudication Board after China’s Supreme Court ruled in favor of the company regarding an application for trademark protection for the J’Adore teardrop bottle design in China. The...
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Nykaa raises extra funding from existing investors
Online cosmetics company Nykaa has raised Rs 75 crore ($11 million) from existing benefactors during a new round of funding, valuing the company at Rs 3000 crore, according to the Economic Times India. The new funding was part of Rs 170 crore investment round...
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AmorePacific holds three-day event to encourage employee motivation
AmorePacific held a three-day company event under the leadership of Chairman Suh Kyung-bae earlier this month, aimed at encouraging employees to keep alert. Around 600 employees participated in the event with both executives and lower ranked members of staff taking...
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L’Occitane FY 2018: China is now our second-largest market
L’Occitane has issued an unaudited trading update for the year ended 31 March, 2018 (FY 2018). The French naturals brand, saw net sales climb 4.6 percent at constant rates (-0.3 percent reported) to €1.319 billion. China, Brazil, the US and Hong Kong were the group’s...
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LG Household & Health Care buys Avon Japan for ¥10.5 billion
LG Household & Health Care has acquired all 4 million shares in Avon Japan for the sum of ¥10.5 billion, according to a report published by Pulse News. The K-beauty giant has also reported record profit for the first quarter of the financial year, with operating...
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LG Group opens KRW4 trillion R&D center
LG Group has cut the ribbon on a KRW4 trillion research and development center. Spanning an area of 170,000 square meters, the LG Science Park, as the new facility is known, is South Korea’s largest research center, according to a report published by Pulse News. “We...
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Hong Kong private equity firm buys New Zealand’s Trilogy
A Hong Kong-based private equity firm, CITIC Capital, has acquired New Zealand beauty company Trilogy International. The deal is reported to have been completed late last week and is thought to be valued at AUS$192 million, although financial terms were not disclosed....
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Chanel continues pop-up trend with arcade-themed store in Kuala Lumpur
Chanel has launched an arcade-themed pop-up store in Kuala Lumpur, Coco Game Centre, which offers consumers products and experiential experiences. The store is the latest pop-up store to be launched within the beauty industry and is located in Jalan Sultan Ismail,...
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Daiso removes three hair dyes from shelves as ‘precautionary measure’ following reports of excess formaldehyde levels
Japanese retailer Daiso has removed three hair dyes from Singapore stores following reports that the products contain excess levels of the chemical formaldehyde. The EverBilena Hair Touch A Black, B Dark Brown and C Brow hair dye pens in question were manufactured in...
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Hindustan Unilever takes former employees to court over data
Hindustan Unilever has accused three former employees of data theft, according to a report published by Money Control. The Bombay High Court will decide the fate of former Managing Director of Unilever Nepal, Suyash Chauhan; former Head of Customer Development at HUL...
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Hindustan Unilever board approves new Chairman
Hindustan Unilever’s Board of Directors has announced that, following the retirement of Harish Manwani as Non-Executive Chairman, Sanjiv Mehta, Managing Director & CEO, will take on the mantle of Chairman of the Board of Directors, effective subject to shareholder...
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YouCam teams up with Amway to launch AR shopping experience
Perfect Corp has announced a global partnership with Amway to launch a mobile application, which it claims will ‘redefine the consumer shopping experience’ for the company’s beauty brand, Artistry. The app will be rolled out globally, kicking off with the Korean...
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The human touch: Oriflame won’t phase out face-to-face
The SVP and Head of South Asia and MD, Oriflame, Sergei Kanashin has revealed that, while digital is a key strategic focus for the company, the Swedish direct sales operation ‘will never be 100 percent digital’. In an interview with Business Today, Kanashin said that...
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Nivea to install solar roof atop Shanghai factory
Nivea has signed a distributed power supply agreement with Asia Clean Capital (ACC), according to a report published by PV Tech. The agreement provides for the installation of a rooftop solar system and solar carport at the Beiersdorf-owned skin care brand’s factory...
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Unilever unveils joint innovation lab with Tmall to better understand consumer insights
Unilever has teamed up with Chinese e-commerce site Tmall to launch a joint innovation lab in partnership with Tmall’s business to consumer innovation center. The aim of the venture is to better understand consumer targeting capabilities and gain better data...
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Laura Mercier pulls brand from Australian market
Cult beauty brand Laura Mercier has announced it will be pulling its products from the Australian market as of 30 June, 2018. The move comes as part of a ‘global brand transformation’ and will see the Shiseido-owned company pull out of Sephora and David Jones within...
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LVMH reports impressive sales growth; up 13 percent in Q1
LVMH has reported double-digit sales growth for the first quarter of the financial year, according to a report published by Bloomberg. Organic sales grew 13 percent, ahead of analyst estimates of 8.5 percent, sending shares soaring to a record high in early Paris...
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L’Oréal to buy Nanda? K-beauty brand singles out French beauty giant as preferred bidder
L’Oréal could be poised to buy a 70 percent stake in K-beauty fashion and cosmetics line Nanda, according to a report published by Reuters. The French beauty giant has been singled out as the preferred bidder, says Reuters quoting Korea Economic Daily, in the deal,...
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Taapsee Pannu named brand ambassador for Nivea India
Nivea India has named Bollywood actor Taapsee Pannu as its latest brand ambassador, according to a report published by Brand Equity. The Naam Shabana star will feature in campaigns for the Beiersdorf-owned brand’s body wash and shower gel. “It’s such an amazing...
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The rumors were true: JLo unveils Inglot Cosmetics partnership
After her make-up artist let the cat out of the bag on Instagram, Jennifer Lopez has confirmed that she is to debut a limited edition collection in partnership with global beauty brand Inglot Cosmetics. The 70-piece strong color line, which launches April 26, is said...
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Not for sale: Shiseido, Kose and Fancl to limit tourist sales
Tourists have been the driving force behind the stellar sales figures reported by J-beauty and K-beauty manufacturers over the past few years. However, while K-beauty’s tills have stopped ringing as the number of visitors dwindles, the J-beauty camp is actively...
CLICK HERECounterfeit make-up how-to videos emerge as new trend in China
Videos of how to make counterfeit cosmetics have emerged as a new trend within China, with the clips trending on Chinese short video platform Douyin, according to a report by Jing Daily. The how-to videos are being seen as entertainment within the country, with...
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