A recall has been issued in New Zealand for products from two sunscreen brands: Nivea and Sun Bum, according to a report published by the New Zealand Herald.
Lotte Duty Free has opened its first store in Sydney, Australia, which marks the company resuming plans for global expansion, according to Forbes.
Beauty retailer Nykaa has teamed up with ELCA Cosmetics Pvt Ltd, a subsidiary of global beauty company Estee Lauder Companies to launch a range of premium Aveda salons in India, according to the Hindu Business Line.
Sephora Korea is said to have reported a loss for the second year in a row, according to Korea Joongang Daily, leading the news outlet to speculate that the LVMH-owned retailer may be preparing to admit defeat and close stores in the Asian market.
AmorePacific has reported its results for the first quarter of the current financial year. The K-beauty behemoth said that weak sales in Asian markets resulted in net profit tumbling 25 percent to KRW132.2 billion compared to last year’s figures, according to a report published by Yonhap News.
Indonesia’s finance minister told Reuters that, although she was aware it would hit other countries hard, the country’s palm oil export ban was ‘necessary’ in order to bring down the cost of cooking oil domestically.
U.S. buyout firm Apollo Global and India’s second-richest man Mukesh Ambani’s Reliance Industries firm are said to be joining forces to place a bid for Boots, according to the Financial Times.
Shiseido Middle East has entered into a long-term strategic partnership with Emirati Designer Yasmin Al Mulla, which aims to bolster the position of Shiseido’s premium skincare collection, Future Solution LX, according to About Her.
Unilever New Zealand has named Cameron Heath as its new Managing Director, according to a report published by Convenience and Impulse Retailing. Heath replaces Nick Bangs who has been promoted to the role of General Manager, Home, Beauty and Personal Care for Unilever Australia and New Zealand.
A private equity firm based in Hong Kong, ShawKwei & Partners has announced the acquisition of Rauxel, according to a report published by Deal Street Asia. Terms of the deal were not disclosed.
Shiseido has announced the launch of a new skin care brand in France. Ule, as the new line up has been dubbed, subscribes to the ‘conscious beauty’ philosophy and is designed to realize a healthy glow with natural ingredients and a focus on both inner and outer beauty.
L’Oréal India has announced that its Baddi manufacturing plant has hit 100 percent carbon neutral status, according to a report published by Mint.
AmorePacific has launched the Ryo Black Double Effector Shampoo, which is said to be a non-toxic hair dying shampoo, according to Korea Joon Gang Daily.
Stuart La Brooy appointed Vice President Sephora, Southeast Asia and Oceania, excluding Greater China
Stuart La Brooy has been appointed Vice President Sephora, Southeast Asia and Oceania, excluding China, according to Marketing Interactive.
Indian multinational conglomerate, Reliance Industries is said to be considering entering a bid for Walgreens Boots Alliance’s UK pharmacy chain, Boots, according to a report published by Reuters quoting Bloomberg as its source.
Yatsen has announced that it has received a letter from the New York Stock Exchange dated April 11, 2022, notifying the Chinese beauty brand that it is below compliance criteria with regards to the performance of its trading price.
The Founder of Chinese e-commerce behemoth JD.com, Richard Liu, has resigned from his role as Chief Executive Officer, according to a report published by the Financial Times.
K Beauty gets a boost; Seoul looks to make its mark on the global beauty and fashion market with new US$168 million project
Seoul is looking to make its mark on the global beauty and fashion market with a new five-year project worth US$168 million, according to a report by Aju Business Daily.
BAN Toxics is calling for stricter monitoring and regulation of skin-lightening products in the Philippines, following the country’s ratification of the Minamata Convention on Mercury and its participation at last month’s Conference of Parties.
K-beauty brands such as AmorePacific are likely to feel the effects of China’s renewed lockdowns keenly, according to a report published by The Korea Times.
Singaporean e-commerce platform, Shopee has backpeddled on its Indian launch mere months after its arrival, announcing that it is quitting the market, according to a report published by Entracker.
Procter & Gamble (P&G) India has become one of the first FMCG companies in the country to become ‘plastic waste neutral,’ from April 2021 to March 2022.
Three downtown offshore duty-free stores in Sanya have been temporarily closed due to an outbreak of COVID-19 in Hainan, China.
The Shiseido brand has introduced new eco-friendly alternatives to traditional packaging materials for e-commerce customers to choose from.
Japan has announced that it will block the export of luxury goods to Russia in response to the invasion of Ukraine, according to a report published by Reuters.
Brands from China, India, Iran and Turkey could soon enjoy a new found popularity among Russian consumers, according to a report published by Reuters, after a number of Western brands withdrew from the market.
Emami has announced the acquisition of Dermicool from Reckitt Benckiser for Rs432 crore, according to a report published by the Business Standard.
JD.com has launched two charter cargo flights from China to Brazil and Germany this month, connecting sellers and buyers from the continents of Asia, Europe, North America and Latin America.
Procter & Gamble has backtracked on a campaign it ran on Chinese social media platform WeChat that claimed that women’s feet smell worse than men’s, according to a report published by the South China Morning Post.
L’Oréal-owned Maybelline New York has launched its latest marketing campaign for the Indian market. #PressPlay is designed to encourage consumers to pick up their social lives after a mutual pandemic pause, according to a report published by Financial Express.
Shiseido has announced that it has granted a license to Toyo University, allowing the educational institution to use the J-beauty behemoth’s low energy manufacturing technology following a project that saw students develop a low-environmental impact hand serum.
L’Occitane has announced that it has acquired majority control of Australian cosmeceutical brand, Grown Alchemist.
Home appliance company Sharp Corp has entered the cosmetics market with the launch of a medicated moisturizing cream.
Indian e-tailer Nykaa is set to place a greater emphasis on its bricks & mortar stores, with Founder and CEO Falguni Nayar a ‘big believer’ in the physical retail.
Shiseido has announced that it has developed a new testing method to measure the amount and balance of indigenous skin bacteria in a simple and easy way in a short time through collaboration with Yamato Esulon Co and Orcoa Co.
The Body Shop Australia has teamed up with LGBTQIA+ youth advocate Minus 18 to launch the Out for Love campaign, which aims to encourage young queer people to take part in a national survey in order to highlight the issues that matter most to them.
Mary Kay has announced its continued support of the Arbor Day Foundation’s reforestation work in the south Liaoning Province of China
Kao, L’Oréal and Natura &Co are just some of the cosmetics companies named on the 2022 World’s Most Ethical Companies Honoree List
LG Household & Healthcare is set to offer membership to consumers using non-fungible tokens (NFT), according to a report by Aju Daily.
L’Oréal-owned Shu Uemura has cut the virtual ribbon on a flagship store on JD.com. The high-end beauty brand will sell its famous Cleansing Oil, foundation and lipsticks among other products.
Kao has announced that it will use its sebum RNA monitoring technology to develop a system, via a joint initiative with istyle, that enables the efficient selection of cosmetics based on skin RNA types.
Shiseido has announced that it has agreed to buy a minority stake in Perfect Corp. The transaction is expected to close in the third quarter of the year and follows Perfect’s announcement that it will be publicly listed on Nasdaq.
Japanese beauty e-tailer Acro hit by third-party data breach; exposes more than 100,000 payment cards
Japanese beauty e-tailer Acro has been hit by a third-party data breach, which exposed more than 100,000 payment cards across two of its four beauty product websites.
L’Oréal has appointed Publicis Media as its media agency for Singapore, Malaysia and Thailand, according to Marketing Interactive.
Shiseido has announced that it will renew its contract with World Surf League, as Global Sustainability Partner.
AmorePacific-owned Hera has announced that it is pulling out of the Chinese market, according to a report published by the Global Times.
A Japanese beauty brand launched by celebrity Sonmi has launched onto the Malaysian market, according to a report published by L’Officiel.
BolognaFiere Group and Informa Markets have announced that Cosmoprof Asia 2022 is to be relocated from Hong Kong to Singapore and will now be held from November 16-18, 2022 at Singapore Expo as a special edition.
AmorePacific-owned Etude House has announced the closure of its last remaining bricks and mortar location in Singapore, according to a report published by Marketing Interactive.
Unilever India has announced it is to separate the roles of Chairman and Chief Executive Officer (CEO), effective 31 March, in a bid to boost governance standards, according to a report by Bloomberg.