Avon launches no-gas deoperfumes in India
Global beauty giant Avon has launched its No-Gas Deoperfume into the Indian market, according to a report by the New Indian Express. The launch will include seven variants of the Avon Intense No-Gas Deoperfume, which is the company’s first range of no-gas deodorants...
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China holds public awareness week to promote cosmetics safety
China’s health care regulatory body has debuted its first public awareness week to open up conversations around cosmetics safety, according to a report published by CGTN. “Over 37 percent of the consumer complaints concerning cosmetics are related to their safety,” Li...
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Australian PM equates cruelty free bill to ‘tackling environment crisis’
The Prime Minister of Australia, Scott Morrison is claiming that legislation passed to prevent the testing of cosmetics on animals is his government’s answer to the extinction crisis, according to a report published by The Guardian. When asked what action his...
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L’Oréal to bring acne app to Alibaba’s platforms
L’Oréal is to launch its ground-breaking acne diagnosis tool in China on Alibaba Group’s platforms. The Effaclar Spotscan will make its debut on Alibaba’s Tmall and Taobao e-commerce apps in June, according to a press release from Alibaba Group. “L’Oréal Group has a...
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Shiseido reports Q1 net profit boost due to higher sales and lower tax payments
Shiseido has reported a Q1 net profit increase of 16.1 percent to $305.5 million for the three months ending 31stMarch, according to a report by WWD.com. The rise was attributed to lower year on year tax payments as well as an increase in net sales, which rose 3.7...
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Shiseido relaunches superfood-inspired skincare range Waso
Shiseido has announced the relaunch of its superfood-based skincare range Waso, according to a report by Hypebae. The range is inspired by Washoku – traditional Japanese food – and comprises minimal products such as cleansers, masks, sunscreens and a hydrating cream....
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A.S. Watson goes international with Watsons One Pass loyalty program
A.S. Watson has expanded its Watsons One Pass loyalty program into the Guangdong-Hong Kong-Macau Greater Bay Area. The expansion means that loyalty club members will now only need to use one card when travelling to other Asian countries, with One Pass set to launch in...
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Temasek piles Rs 685 crore into Godrej Consumer Products
Godrej Consumer Products has announced that it is to receive a cash injection to the tune of Rs685 crore thanks to an investment from Singapore-based Temasek, according to a report published by Money Control. Temasek will receive 16.7 million shares for that sum at...
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Shiseido opens Life Quality Beauty Center in Singapore
Shiseido has announced the official opening of its new Shiseido Life Quality Beauty Center in Singapore, a region-first and the fifth such facility to launch worldwide. The facility aims to help those with serious skin conditions achieve a better quality of life...
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Indonesia to crack down on mercury use
Indonesia is hoping to end the use of mercury in health care by 2020 and half its levels in cosmetics manufacturing by 2030, according to a report published by Reuters. “Considering that mercury is a hazardous and toxic material that is resistant to decomposition and...
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CITIC Capital Partners acquires Hangzhou UCO Cosmetics
CITIC Capital has announced the acquisition of Hangzhou UCO Cosmetics, the Chinese e-commerce service provider that operates sites such as Estée Lauder China, L’Occitane and Clarins, amongst others. Purchased from Qingdao Kingking Applied Chemistry, terms of the deal...
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The Body Shop launches first Community Trade recycled plastic
The Body Shop has stepped up its sustainability efforts with the launch of its new Community Trade recycled plastic in collaboration with Plastics For Change. The new plastics are being launched as part of the company’s Community Trade fair trade programme and are a...
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AmorePacific takes Etude House to Indian market
Korean company AmorePacific has launched Etude House into the Indian market, with the beauty brand debuting through retailer Nykaa.com. The move will develop Etude House’s presence worldwide, with the brand currently available in Middle East and East Asia, amongst...
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Hygienic Research Institute to grow professional unit with two new brands
Hygienic Research Institute is set to grow its professional division with the launch of two new brands, according to a report published by the Times of India. The prominent Indian beauty and personal care products company will add to its current portfolio, which...
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Magic 8: Sephora confirms multiple store openings in Hong Kong
Sephora has confirmed its return to the Hong Kong market – and the LVMH-owned retailer is not stopping at one store. According to a report published by Inside Retail Asia, the perfumery chain will open eight stores across the Island. As reported on this platform back...
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Malaysian The Body Shop franchise owner explores IPO
The owner of The Body Shop franchise for Malaysia, Niaga Sdn Bhd, is said to be exploring the possibility of an IPO, according to a report published by The Edge Markets. The company is expected to submit a main market listing to the Securities Commission Malaysia...
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AmorePacific Q1: Net profits dip as beauty revenue rises
AmorePacific has reported a Q1 net profit drop of 31 percent year on year on increased costs. However, the beauty segment saw a 1 percent revenue rise. According to a regulatory filing the company’s net profit hit 122 billion won for the period January to March, as...
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Estée Lauder Companies raises year forecast thanks to China demand
Estée Lauder Companies (ELC) has increased its full year forecast for profit and sales to between 7 and 8 percent as opposed to the previous predication of between 5 and 6 percent, thanks to an increase in demand from Chinese consumers, according to a report by...
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L’Oréal joins forces with Lazada to offer next-day delivery service in Southeast Asia
L’Oréal has announced a partnership with Southeast Asian e-commerce giant Lazada. The collaboration will allow the beauty company to offer next-day delivery to metro cities in June this year using the retailers warehouses and logistics network. As part of the new...
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Wipro Consumer Care acquires Filipino Splash Corporation
Wipro Consumer Care has announced that it has signed a definitive agreement to acquire Filipino personal care company, Splash Corporation. Splash is the largest personal care player in the Philippines and among the top 5 inn the country overall, recording revenues of...
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Blackstone to acquire majority stake in Indian laminated tubes manufacturer Essel Propack for US$462 million
Blackstone Group has announced that it has struck a deal to acquire a majority stake in Indian laminated tubes manufacturer Essel Propack Ltd (EPL). The New York-based private equity fund is set to purchase an initial 51 percent share from Ashok Goel Trust at INR134...
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LG Household & Health Care to buy New Avon for US$125 million
LG Household & Health Care has announced that it has entered into a definitive agreement with an affiliate of Cerberus Capital Management and Avon Products to acquire the North American branch of the direct sales giant, New Avon, for US$125 million. The K-beauty...
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Singaporean securities regulator expects review of Best World comments
A short-seller’s report on Best World International which caused the company’s share price to drop by 9 percent is widely expected to be subject to an independent review, according to an article published by Reuters. The short seller made fraud allegations against the...
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Unilever Ventures invests in Australian skin care company Dr Roebuck’s
Unilever Ventures has been announced as the latest investor in Australian skincare company Dr Roebuck’s. The investment was secured during a recent financing round with the venture capitalist and private equity arm of Unilever, with the new funding set to be used to...
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MedyTox set to launch cosmetics range following investment in Asian distributor Highway One
South Korean Biotech company MedyTox has announced it will launch its own cosmetics range by 2020, while also having recently acquired a 58.3 percent share in Korean cosmetics distributor Highway One. The company’s cosmetics range will be launched under its own label...
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MAC targets Gen Z consumer with new Shanghai-based experience centre
MAC has opened a new ‘phygital’ Experience Centre in Shanghai, China, that merges both offline and online, in a bid to target Gen Z consumers. The Estée Lauder-owned brand has developed the centre in order to merge both digital and in-store retail with a...
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Manuka honey scandal: Evergreen Life pleads guilty to spiking honey to produce ‘liquid gold’
A producer of high-quality manuka honey has admitted to bulking out its product with ‘non approved substances’, according to a report published by Reuters. New Zealand-based Evergreen Life has had its premium range recalled in 2016 after New Zealand Food Safety...
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Lauder and NetEase call a truce as Chinese cross-border commerce booms
The Estee Lauder Companies and NetEase-owned Koala have both dropped lawsuits bought against each other, according to a report published by Technode. The cross-border e-commerce platform filed a lawsuit against the US prestige cosmetics manufacturer, accusing Lauder...
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Lotus Herbals on the hunt for M&A targets
Indian personal care brand Lotus Herbals is said to be identifying potential personal care brands to acquire, according to a report published by The Economic Times. “We are open to mid-sized acquisitions now and are approaching investment bankers,” Nitin Passi, joint...
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Amazon admits defeat in China? Rumors swirl around withdrawal
Alibaba and JD.com’s dominance over the Chinese e-commerce market looks to be secured as rumors are swirling around a withdrawal from Amazon. According to a report published by the Drum, the US online shopping behemoth is expected to confirm its intention to pull out...
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Yield Growth sets its sights on China’s lucrative hemp market
Yield Growth Corp has entered into an agreement with Pontier Services to launch its Urban Juve hemp beauty products within the Chinese market in an attempt to capitalize on the billion-dollar hemp market in the country. The products will be sold via the WeChat...
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Carver Korea deal Korea’s most profitable private equity acquisition
The 2016 Bain Capital and Goldman Sachs investment in South Korean cosmetics firm Carver Korea has been reported as being Korea’s most profitable private equity deal. The two companies invested 300 billion won into the company and have since seen a return of more than...
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L’Oréal: Asia business outpaces Europe for first time as appetite for luxury products grow
L’Oréal’s Asian business recorded more revenue than it’s European business for the first time last quarter, according to a report by Bloomberg. The takeover was put down to the growing appetite for luxury products amongst Asian consumers, despite a slower Chinese...
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Alibaba’s Taobao is predicting that livestreaming will be the next big thing in e-commerce. The e-commerce giant reports, quoting figures from Deloitte, that China is the largest livestreaming audience in the world, at 456 million people, with the medium racking up...
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Watch out Alibaba! Qoo10 to launch blockchain site across South-East Asia
Singapore’s biggest e-commerce company is harnessing blockchain technology to launch an e-commerce site across the South-East Asian region that could give Alibaba a run for its money, according to a report published by The Malaysian Reserve. QuuBe as the marketplace...
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Tom Ford to launch Tmall flagship for popular Soleil range
Tom Ford is set to launch a flagship store on Alibaba’s Tmall for his ever-popular Soleil range. The Estee Lauder Companies-owned brand will make its debut on the Alibaba Group e-commerce platform next week, according to a report published by WWD. “Soleil is important...
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L’Oréal India eyeing more acquisitions in local market, says MD Amit Jain
L’Oréal is looking to play on India’s growing appetite for beauty products and is eyeing new acquisitions in the market, according to MD Amit Jain. Speaking to Live Mint, Jain stated that the Indian arm of the French beauty company is looking to acquire companies in...
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Shiseido joins forces with A.S. Watson to launch pollution fighting skincare range
Shiseido has joined forces with A.S. Watson Group to co-launch a line of pollution fighting skincare, named Urban Damage Care, under derma skincare brand d program. The range, aimed at women and created in Japan, is said to protect against urban pollution. Launched in...
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Beiersdorf names first cohort of K-beauty start-ups for incubator program
Beiersdorf has announced the five K-beauty start-ups it has selected for its Seoul-based accelerator program, according to a report published by The Investor. The German manufacturer of Nivea will welcome Internet of Things specialist Reziena, Glowhill brand owner...
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Goop announces Tokyo pop-up
Gwyneth Paltrow’s clean-living brand, Goop is set to make its debut in Asia via a pop-up store in Tokyo open from April 19 through May 26, according to a report published by WWD. The ‘liveable, shoppable experience’ as the company describes the 2,000 sq ft space will...
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Guess who’s back? Sephora to open Hong Kong store after nine-year absence
Sephora is hoping for second-time lucky on the Hong Kong market, returning to the Chinese island some nine years after it withdrew, according to a report published by the South China Morning Post. The LVMH-owned beauty retailer is opening a store-within-a-store at the...
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China approves two new methods in further shift away from animal testing
China has approved two new cruelty-free animal testing methods for imported products in what is seen as a further indication that the country is opening up to cosmetics testing alternatives. The two new tests, the direct peptide reaction assay for skin sensitization...
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Carlyle Group invests in Japanese cosmetics firm Tokiwa Corporation
US company Carlyle Group has invested in Japanese cosmetics firm Tokiwa Corporation. According to the group the investment will be funded by its third buyout fund based in Japan, Carlyle Japan Partners III. Financial details have not been disclosed. Issuing a...
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Celine Dion announced as new global spokesperson of L’Oréal Paris
Celine Dion has been announced as the new spokesperson of L’Oréal Paris. Dion will star in her first campaign for Excellence Hair Color, with a television advertisement debuting April 22nd. Despite having a namesake fragrance range, it is the first time Dion will...
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Samara Capital acquires majority stake in Nature’s Essence
Samara Capital has purchased a majority stake in New Delhi-based cosmetics brand Nature’s Essence, according to a report published by the Economic Times. Samara’s 65 percent stake is worth at Rs200 crore, placing a value of Rs300 crore on the company. Nature’s Essence...
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Shiseido cosies up with Alibaba to grow Chinese business
Shiseido’s China subsidiary has signed a Joint Business Plan with Alibaba Group aimed at strengthening their cooperation. The J-beauty brand has also set up a Shiseido X Alibaba Strategic Development Office in Hangzhou, China – making it the first cosmetics company in...
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We’ve got this: Tmall Global launches support services for international brands
Alibaba-owned Tmall Global is hoping to attract more global brands to its platform with the launch of a series of services designed to support those preparing to launch onto the Chinese market for the first time. The e-commerce platform will offer overseas fulfilment...
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Folium Biosciences to diversify into CBD beauty with new cosmeceutical line created in South Korea
Hemp leader Folium Biosciences is looking to capitalize on the growing CBD beauty market through the launch of a new line of CBD-based cosmeceutical products set to launch this spring. Specialising in CBD-infused products for the past five years, the company has...
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L’Oréal reports 33 percent growth in China, achieving 14-year record high
L’Oréal has posted a 33 per cent rise in China in 2018, achieving a 14-year record high, according to CEO Jean-Paul Agon. Speaking in an interview with Xinhua, Agon stated that L’Oréal is predicting that China will be the company’s biggest market by 2030, with plans...
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Sephora showcases global beauty trends via Shanghai-based runway show
Sephora has showcased its global beauty trends via a runway fashion show held in Shanghai, named Beauty Voice: Global Beauty Trends Preview & Sephora Day 2019 Spring/Summer. The show put the spotlight on its new collection as well as those from its brand partners,...
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