Amorepacific has launched its Laneige brand onto the Japanese market via Atocosme Online and Atocosme’s Harajuku branch in Tokyo, according to Business Korea.
Unilever has partnered with Singapore Tiny Island Productions and Ape Kids Club to design a series of NFTs to accompany the FMCG manufacturer’s Lifebuoy H for Handwashing campaign.
The FDA for Maharashtra state has barred Johnson & Johnson from selling its branded talcum powder in the region, ordering it to recall its stock with immediate effect due to safety concerns, according to a report published by the Times of India.
Sephora has announced the opening of its first Store of the Future concept in Asia, located at Raffle City, Singapore. The 426 square meter space, which is designed around three touchpoints, space, human and digital, will welcome shoppers on September 23.
Patanjali is said to be planning to list its four consumer goods divisions, according to a report published by Reuters, as it strives to compete with multinational rivals, Unilever and Colgate-Palmolive.
AmorePacific-owned Sulwhasoo has named BlackPink member, Rose as Global Ambassador, according to a report published by Marketing Interactive. The K-pop star will appear in the brand’s #SulwhasooRebloom campaign.
Puig has consolidated its presence in both the Indian market and wellness category with the announcement that it has purchased a majority stake in Kama Ayurveda.
Shiseido has launched its open innovation program Fibona in China, which is led by the Shiseido Research Institute.
BeautyHealth has announced the opening of two new Hydrafacial Experience Centers in ‘key beauty markets’ Paris and Singapore.
L’Oréal Paris has named Actress and entrepreneur Anushka Sharma as its latest brand ambassador in India.
Shiseido has been named among the companies with the highest percentage of female directors in fiscal 2021, according to a report published by nippon.com. Women account for 46.2 percent of the J-beauty firm’s directors, placing it in 8th position. C’Bon Cosmetics was ranked 10th with 44.4 percent.
LVMH has named Michael Schriver as Group President, North Asia, effective immediately, according to a report published by Retail in Asia.
Reliance Retail Ventures has acquired a majority stake in Insight Cosmetics in a deal said to be valued at US$10 million to US$15 million, according to a report published by Mint quoting sources ‘familiar with the matter’.
Airport Authority Hong Kong Airport showcases annual sustainability highlights as part of new report
Airport Authority Hong Kong has released its annual sustainability report, which showcases the highlights for the 2021/22 period.
Elle China Editor-in-Chief Nicole Xue is set to leave the Hearst-owned publication after almost three years, according to WWD.com.
Actor Ranveer Singh has invested in Indian beauty brand Sugar Cosmetics, which follows a US$50 million Series D fundraiser for the start-up, according to the Indian Economic Times.
China Tourism Group Q2: revenue plummets as a result of lockdowns but hope on the horizon as cases drop
China Tourism Group saw revenue plummet 38 percent yoy to CNY10.868 million in the second quarter of the financial year as a result of China’s continuing lockdowns, according to an article published by Moodie Davitt Report.
Thailand’s Food and Drugs Authority has revealed that it has restricted the use of kratom in food and cosmetics pending further tests in the interests of public safety, according to a report published by Thai PBS World.
AmorePacific has announced the acquisition of Tata Harper Alchemy for an undisclosed sum. The deal is expected to close in early Q4 2022. The brand’s eponymous Founder will continue to lead the brand.
BASF has announced an innovation partnership with Chinese start-up Ingredi, including a strategic equity investment.
LG Group has announced the launch of an AI ethics group. Ahead of the launch, the Korean company’s AI research hub formed a task force to help employees to understand and evaluate ethical risks related to privacy, bias and fairness, according to a report published by The Korea Herald.
Unilever’s Australia & New Zealand unit has announced that it has become a certified B Corporation community. The certification is independently administered by B Lab and takes in the FMCG giant’s entire operations in the region.
Priyanka Chopra’s hair care brand, Anomaly has launched on Indian e-commerce platform Nykaa, according to a report published by the Economic Times.
AS Watson Group has revealed that its US$400 million investment in supply chain transformation has paid off.
K-pop star, Jackson Wang has been named as the latest face of MAC Cosmetics, according to a report published by The Beau Life.
L’Oréal has announced Lau Sook Ping as the Chief Digital and Marketing Officer for Malaysia and Singapore, according to Marketing Interactive.
L’Oréal-owned Lancôme launches its first beauty tech flagship store in Southeast Asia, and marks the 13th year since the launch of the Lancôme Advanced Génifique.
Thai retailer Central Group has revealed ambitious expansion plans for both its home market and neighbouring Vietnam, according to a report published by Nikkei Asia.
L’Oréal Korea has announced the appointment of Samuel du Retail as its CEO, according to a report published by The Korea Times.
After four years of joint research with MIT, AmorePacific has announced the launch of what it is claiming to be the world’s first chip-less, wireless, wearable electronic skin (e-skin) that is sweatproof and is capable of continuously monitoring skin changes over long periods of time.
Nykaa owner, FSN E-commerce Ventures has announced the appointment of Vishal Gupta as Executive Vice President, Consumer Beauty, according to a report published by the Economic Times.
Fresh from the news that Aesop and The Body Shop are gearing up to open their first bricks and mortar locations in China later this year, Natura &Co has announced that the openings are part of a wider growth strategy, according to a report published by Nasdaq.
Shanghai Jinjia has raised Series A funding from Meridian Capital China, a leading venture capital company in China, specialising in the Consumer & TMT sectors.
Amazon is set to invest in istyle, with the Japanese beauty company set to issue 2.5 billion yen (U.S.$18.7 million) in convertible bonds as well as 11.5 billion yen in warrants to Amazon in September, according to Nikkei Asia.
Kao Corporation has announced plans to expand its Olesa plant in Spain. The J-beauty giant’s chemicals arm has been producing synthetic fragrance, methyl dihydrojasmonate (MDJ), at the facility since 2001.
Hong Kong has announced a proposed ban on products containing CBD, putting several brands and businesses at risk, according to a report published by Bloomberg.
The Shiseido Beauty Innovations Fund has announced that it will act as lead investor in Jiangsu Trautec Medical Technology Co. The J-beauty giant has pledged close to RMB100 million and will form a strategic partnership with Trautec, working together to explore new areas in functional skin care.
AS Watson has announced that it will create 200,000 job openings globally for young people by 2030. The pledge is designed to help tackle youth unemployment in the wake of the pandemic.
Nykaa has predicted that the festival season will boost demand for beauty products after ‘subdued’ sales at the start of the year, according to a report published by Reuters.
China’s Hainan island province has been put further areas on lockdown this week following a further outbreak of COVID-19, according to a report by Reuters.
Estee Lauder India has named Bollywood actor Manushi Chhillar as the face of its iconic Advanced Night Repair product. The campaign featuring the former Miss World will debut this month across digital and social platforms.
Natura &Co’s Aesop brand is preparing to cut the ribbon on its inaugural Chinese store, according to a report published by Inside Retail Asia.
Raw material costs have hit their peak and prices are set to soften, according to the latest forecasts, bringing welcome relief to ailing consumer goods manufacturers, according to a report published by the Hellenic Shipping News.
Kao has signed The Climate Pledge, a commitment co-founded by online retailer Amazon and environmental advocacy group Global Optimism.
Shiseido has given notice that it is transferring its manufacturing business of personal care products at its Kuki Factory and the Vietnam Factory.
LG Household & Healthcare has reported a Q2 net profit drop of 44.3 percent, reporting 126 billion won (US$96.9 million) in the April-June period, compared with 226.4 billion won during the same period last year.
L’Occitane’s Travel Retail Asia-Pacific division has launched its first sustainability concept store at Sanya International Duty-Free Shopping Complex in Haitang Bay.
AmorePacific Group has reported its results for the second quarter of fiscal 2022. The K-beauty behemoth saw its Q2 2021 net profit of KRW59.2 billion wiped out for a net loss of KRW37.2 billion in Q2 2022 (-37.2 percent).
Indian private equity firm Lighthouse is hoping to raise some US$400 million for its fourth fund, according to a report published by Reuters and quoted by Business Today.
LG Household and Healthcare recalls Babience Only 7 Essential 55 wet tissues over prohibited ingredients
LG Household and Healthcare is recalling its Babience Only 7 Essential 55 wet tissues for children due to recent detection of substances of humidifier disinfectants.