Yating Wu named as CEO of Richemont-Alibaba JV, Fengmao
Yating Wu has been named CEO of Alibaba Group and Richemont’s joint venture, Fengmao, according to a report published by WWD. Wu is said to have updated her LinkedIn profile with the new position back in July. Prior to Fengmao, Wu enjoyed a 15-year career at Unilever,...
Gillette shifts campaign focus following US$8 billion write down
Just a month after P&G announced a US$8 billion write down for its ailing Gillette brand, the shaving line has announced a change of tack in terms of marketing, according to a report published by Daily Wire. The men's grooming marque, whose last spot on toxic...
Mary Kay names new GM for China
Mary Kay has announced the appointment of Katherine Weng as General Manager for China. Based in Shanghai, Weng will report to Mary Kay’s Asia Pacific Region President, KK Chua. “Katherine’s tireless work ethic, strategic mindset, and ability to forge long-term...
Alibaba puts listing on hold amid Hong Kong unrest
Alibaba has postponed its planned US$15 billion listing on the Hong Kong stock exchange as political tensions continue to cause uncertainty across the Chinese-controlled territory, according to a report published by Reuters. The deal, originally scheduled for late...
Gucci to bring relaunched make-up line to Singapore
Gucci Beauty is set to launch its revamped make-up line onto the Singaporean market, according to a report published by Singapore Tatler. The 58-SKU strong lipstick collection will hit shelves in the Asian country in September, following its European roll-out in May....
A.S. Watson eyes expansion with potential UAE entry
Hong Kong-based beauty retailer A.S. Watson is reportedly in talks to bring its chain of Watsons stores to the UAE, according to the Gulf News. Expanding its foothold in the global market, the retailer is said to be liaising with potential partners in the region....
Weleda looks to protect orangutans with new Borneo Orangutan Survival partnership
Weleda has partnered with Borneo Orangutan Survival (BOS) to help support a project that aims to protect orangutans while cementing its commitment to sourcing sustainable palm oil. The 20-month Weleda and BOS project aims to create harmony between nature conservation...
Mediheal brings cult ‘Love Me’ sheet mask to the U.S. after product sells out in three hours following Korean launch
Korean sheet mask brand Mediheal has announced the launch of its cult Love Me product into the U.S. market following the successful entry into the Korean market back in May, which saw the item sell out in just three hours. The mask is being sold in the States via...
Cosmax expands presence in Russia with sale of private brand products in L’etoile stores
Cosmax is set to sell its private brand products in Russia via L’etoile stores, according to a report by The Investor. The South Korean cosmetics equipment manufacturer is thought to be looking to expand its presence in Russia and will put 42 products to market within...
Alibaba acquires NetEase’s Kaola e-commerce platform
Alibaba is rumoured to have acquired NetEase’s Chinese cross border e-commerce platform Kaola in a $2 billion deal, according to a report by local news site Caixin. While both companies declined to comment, it is reported that Alibaba is looking to better cater to...
Henkel Singapore enters into deal with Synagie to distribute products in South East Asia
Henkel Singapore has signed a memorandum of understanding (MOU) with end-to-end commerce enablement solutions provider Synagie to distribute and sell its products across South East Asia, according to a report by Straits Times. Both parties will enter into a...
MatsumotoKiyoshi Holdings in talks with rival Cocokara Fine to form Japan’s largest chain of discount pharmacies
MatsumotoKiyoshi Holdings has announced it is in merger talks with competitor Cocokara Fine in a move that would form Japan’s largest chain of discount pharmacies, according to a report by Reuters. Shares in Cocokara Fine jumped 9 percent following the news of the...
Japanese brewer Kirin looks to expand past beer industry with purchase of stake in cosmetics firm Fancl
Japanese brewer Kirin has acquired a 30.3 percent stake in cosmetics company Fancl for $1.2 billion, a move which is said to help the company expand past the beer market as it shrinks worldwide. Fancl, which sells preservative-free cosmetics and supplements, is set to...
Kolmar Korea Chairman resigns as Japan row escalates
Kolmar Korea’s Chairman Yoon Dong-han has stepped down from his role after he showed employees a video praising Japan’s prime minister and criticizing the South Korean government, according to various reports. The Kolmar executive issued a formal apology on Friday but...
South Korea to align cosmetics regulation with EU standard
South Korea is revisiting its cosmetics safety regulation, according to a report published by Chemical Watch. The country’s Ministry of Food and Drug Safety intends to align many of its rules on cosmetics ingredients with the European Union’s legislation. Allowable...
Shiseido 1H: Net profit up 10 percent; sales grow 6 percent
Shiseido has reported its results for the first half of the financial year (ended June 30, 2019). The Japanese cosmetics manufacturer saw sales grow 6 percent over the first six months to ¥546.6 billion, compared to the same period in 2018, while net profit was also...
Hong Kong-based pharma company Sanai signs CBD supply deal with CannAcubed
Asian cannabis company CannAcubed has announced a new supply deal with Hong Kong-based pharma company Sanai, with an undisclosed volume of pure pharmaceutical grade 99.9 percent CBD isolate delivered to the Sanai head office last week. The two parties now plan to work...
Amazon Seller Services appeals against Delhi high court interim order
Amazon Seller Services has appealed against a Delhi high court interim order that has restrained platforms such as Amazon, Flipkart and Snapdeal from selling products from direct sales companies without their consent, according to a report by Live Mint. The court will...
Drunk Elephant to land in China
Indie clean skin care brand Drunk Elephant has revealed that it is set to launch onto the Chinese market in September, according to a report published by WWD. The brand, which is currently on the hunt for a buyer, hired a General Manager for the country in January of...
LG Household & Healthcare Q2: Double digit growth in sharp contrast to rival AmorePacific
LG Household & Healthcare has reported its results for the second quarter of the financial year and its double-digit rise in both sales and profit is in stark contrast to AmorePacific’s subdued performance, as reported on this platform yesterday. Indeed, according...
AmorePacific’s profit plunges as it looks beyond China
AmorePacific saw its profit plunge 53.3 percent in the second quarter of the current financial year (compared to the previous quarter), according to a report published by Pulse News. The K-beauty giant attributed the drop to a sharp rise in marketing costs as it...
Trump’s tariffs: 25 percent duty to be bought in for all Chinese imports
US Trade Representative Robert Lighthizer has initiated the process to usher in a 25 percent duty on all imports from China that are not already subject to a separate tariff, according to a report published by Reuters. The tariffs would apply to a wide range of...
More cosmetics companies rally behind UN 1.5C pledge
Royal DSM and Unilever have joined Natura &Co and 25 other major companies with a total market capitalisation of US$1.3 trillion, in pledging to limit global temperature rise to 1.5C above pre-industrial levels and reaching net-zero emissions by no later than...
ACCC appeals flushable wipes greenlight
The Australian Competition and Consumer Commission (ACCC) is appealing against a court decision after a judge ruled that Kimberly-Clark had not mislead customers with the claims it made for its ‘flushable’ Kleenex Cottonelle wipes, according to a report published by...
Sephora Asia online customers hit with data breach
Sephora Asia has alerted its online consumers that it has been hit by a data breach over the past fortnight. In an email sent out to customers in the Asia-Pacific region, including Australia, Hong Kong, Indonesia, Malaysia, New Zealand, the Philippines, Singapore and...
GEKA to open own production plant in Shanghai
German cosmetic brush, packaging and applicator manufacturer GEKA is set to expand its presence in the Asian market with the opening of its own production plant in Shanghai. The company will be working with its parent company Sulzer and incorporate production...
One future: Natura &Co takes decisive action on climate change
Natura &Co has announced that it is stepping up its commitment on tackling climate change ahead of the UN Climate Action Summit in September. The commitment is the first major pledge to be made by the company since its formation following the union of The Body...
aCommerce secures US$10 million in funding
Thailand’s aCommerce has raised some US$10 million via its latest funding round, led by existing investors including KKR & Co, according to a report published by Yahoo Finance, quoting Bloomberg. The Bangkok-based start-up helps major multinationals,...
Profit leaps 15 percent at Hindustan Unilever
Hindustan Unilever saw profit rise a better-than-expected 15 percent to 17.55 billion rupees over the first quarter of the financial year (ended June 30), according to a report published by the Nikkei Asian Review. However, the Indian branch of the Anglo-Dutch FMCG...
Croda sales hit by China/U.S. trade wars and new Chinese laws
British chemicals chemicals company Croda has announced lower-than-expected first half profits, which were down 2.5 percent to £170.6million at adjusted profit before tax. Failing to meet the expected £174 million, the company is said to have been affected by the...
NewH2 acquires minority stake in CBD company Bod Australia
Australian CBD company Bod Australia and NewH2, the innovation arm of Health & Happiness Group, have announced a global agreement that will see NewH2 acquire a minority stake in the company in order to further commercialize Bod’s CBD products. As part of the new...
Rihanna to launch Fenty Beauty into Asian market
Rihanna is set to launch her cult cosmetics range Fenty Beauty into the Asian market this September. Taking to her Instagram to announce the new rollout, the pop star stated that the range would be available in Hong Kong, Macau, Seoul and Jeju, South Korea. The...
Kao develops new sensory testing method to help create ‘pleasant’ feeling cosmetics
Kao Corporation has developed a new testing method that evaluates the tactile sensations consumers feel moment by moment when applying cosmetics in a bid to create ‘pleasant’ feeling products. The Sensory Science Laboratories and Skin Care Products Laboratories at the...
Male cosmetics brand WOMO launches into India
Male cosmetics brand WOMO is set to enter the Indian market, with a range of products including fragrance, skin care, beard and hair care products. The brand, owned by Percassi and Genesis Luxury, a Reliance Brands Limited company, will open a flagship store in Mumbai...
Shiseido President chosen as inaugural head of 30% Club Japan
Masahiko Uotani, President of Shisedo, has been chosen as the inaugural president of the 30% Club Japan, an organisation that aims to increase the amount of females on company boards, according to a report by nippon.com The 30% Club Japan was launched this year and is...
Shiseido signs on as WTA Finals sponsor
It’s been an exciting summer of sport with the cricket, women’s soccer and the usual round of nail-biting tennis tours, so it’s no wonder that The Women’s Tennis Association has had no difficulty finding another sponsor after its deal with BNP Paribas came to an end....
Malaysia to protest EU palm oil phase out
Malaysia intends to lodge a complaint with the World Trade Organization over the European Union’s planned reduction of palm oil consumption, according to a report published by The Jakarta Post. The EU aims to cut its use of palm oil as a biofuel by 2030, which would...
The Estee Lauder Companies hands OMDHong Kong media account
The Estee Lauder Companies has appointed OMDHong Kong as its media agency for the region, according to a report published by The Drum. The US prestige beauty giant previously worked with the Hong Kong-based media buyer via its signature brand, and now will extend that...
China’s Vipshop acquires Shan Shan Outlets
Chinese online discount retailer Vipshop Holdings has announced that it has entered into a share purchase agreement to acquire 100 percent of the capital and equity interests in Shan Shan Commercial Group. Vipshop will pay over a total of RMB2.9 billion to Shan Shan...
North Korea’s Pomhyanggi launches website
One of North Korea’s most established beauty brands has launched a website, according to a report published by NK News, quoting Meari. The new site for Pomhyanggi, which was launched by brand owner the Sinuiji Cosmetics Factory, is said to include an online store,...
L’Oréal Paris launches campaign starring actresses Aishwarya Rai Bachchan and Sobhita Dhulipala
L’Oréal Paris has launched the campaign for its Total Repair 5 #WinOverDamage, which will star Actresses Aishwarya Rai Bachchan, the brand Global Ambassador, and Sobhita Dhulipala, a new face for the campaign. Launched this week across all online and offline...
Chanel loses China ‘double C’ infringement case
Chanel has unexpectedly lost a trademark infringement case it brought against a Chinese jewellery shop that was selling goods brandishing a similar logo to the iconic Chanel double C, according to a report by Campaign Asia. Following the ongoing counterfeit case, the...
#BoycottJapan trends in South Korea as dispute over exports escalates
A hashtag designed to encourage shoppers to avoid Made in Japan products has gained considerable traction on social media channels in South Korea, according to a report published by Bloomberg. #BoycottJapan has appeared in some 2,400 public posts since Japan imposed...
Australian supermodel named as face for new Valentino scent
Adut Akech has been named as the face of Valentino’s latest fragrance launch, according to a report published by Adelaide Now. The Australian-South Sudanese supermodel will front a campaign for Born in Roma – the Italian designer’s new scent and the first to emerge...
L’Oréal teams up with Tencent’s WeChat to boost ModiFace presence in China
L’Oréal has teamed up with Tencent-owned WeChat to launch the first 3D augmented reality make-up try-on facility for WeChat Mini Program. The application is supported by L’Oréal’s tech arm ModiFace and will debut on Giorgio Armani Beauty’s official WeChat Mini Program...
Bessamer Venture Partners to invest in MyGlamm
Bessamer Venture Partners is leading a Rs130 crore investment round in Mumbai-based start-up MyGlamm, according to a report published by the Times of India. Other participants in the round include L’Occitane. The deal values the direct-to-consumer cosmetics brand -...
Perth entrepreneur launches Australia’s first Beauty Fridge
A Perth-based entrepreneur has launched a dedicated mini fridge for beauty products, according to a report published by Perth Now. Iris Smit, the brains behind The Quick Flick brand, made her foray into the space after noticing a gap in the market for an attractive...
H&H Group snaps up Aurelia Probiotic Skincare
Hong Kong-based Health & Happiness (H&H) has acquired Aurelia Probiotic Skincare, an ultra premium skin care brand that combines sustainably sourced bio-organic botanical ingredients and probiotics, according to a report published by WWD. The deal will further...
China’s ‘daigou’ restrictions affect J-beauty sales
A law ushered in by the Chinese government to regulate tourists selling on their haul once home has affected sales of beauty and personal care products in Japan, according to a report published by Nikkei. The crackdown on surrogate shoppers – or daigou as they are...
Reckitt Benckiser and PZ Cussons partner with Airbus to verify No Deforestation claim
Reckitt Benckiser and PZ Cussons have partnered with Earthworm Foundation and Airbus in order to monitor their palm oil supply chain and ensure that their No Deforestation claim is verified, according to a report published by Geospatial World. Using Starling satellite...
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