AmorePacific creates customizable lipstick
South Korean multinational AmorePacific has created a lipstick that is entirely customizable. The first for the company, the Two Tone Lip Bar lipstick can be created at the Laneige outlet in Myeong-dong, Central Seoul. Buyers can create two tone lipsticks to match...
Memebox raises funds for Chinese expansion
South Korean online retailer Memebox has its sights firmly set on developing its brand in the Chinese market thanks to a cool $66 million funding boost from previous investors such as Formation 8, Goodwater Capital and Pejman Mar Ventures. With South Korea and China...
Shiseido cuts full-year forecast by 13 percent amid high M&A costs and strong yen
Shiseido has released a new, lower forecast for both net income and sales for fiscal 2016, according to a report published by Bloomberg. The Japanese cosmetics giant released a statement yesterday estimating net income for the full year at ¥30 billion, below both its...
AmorePacific trumps Unilever in battle over Clear trademark
AmorePacific has won out in a trademark battle with Unilever, fought over the use of the word Clear used in an IP application in the Philippines. The K-beauty giant filed a trademark application for the marque Teen: Clear and Device for use in cosmetics ranges but was...
Nivea test-drives outdoor campaign in Singapore to promote new anti-perspirant range
Beiersdorf Singapore has launched an interactive outdoor campaign at Singapore’s Midpoint Orchard bus station. The campaign, masterminded by Mediapoint OOH Media, was designed to encourage women to try out Nivea’s Protect & Care anti-perspirant range. The bus...
It IS Isobutyl paraben-free: ISCI to update ingredients list for Belo Essentials ‘by end of August’
Intelligent Skin Care Inc (ISCI) has pledged to update the ingredients list carried on the packaging for its Belo Essentials line by the end of the month, according to a report published by Rappler, after the manufacturer was asked to pull products from shelves in...
Amazon rolls out Chinese-language Japanese website
Looking to capitalize for the growing thirst from Chinese consumers for Japanese products, such as personal care, online retail giant Amazon has launch a Chinese language version of its Japanese website. Amazon has created Amazon.co.jp to satisfy and profit the...
TonyMoly Q2 results exceed expectations
Korean beauty brand TonyMoly has posted better-than-expected Q2 results, and has received a vote of confidence from investors following the news. The cosmetics company Q2 operating profit rose 1,208 percent year on year to 4 billion won, beating analyst expectations...
Korean duty free beauty limitations sees cosmetic shares tumble
The decision by Korea Customs Service (KCS) to limit the number of beauty products bought by individuals at Duty Free from 50 to 30 is affecting shares of cosmetic companies such as AmorePacific and LG Household & Care. The recent move by the KCS has seen many...
Watch out K-beauty, we’re going global: East-meets-west approach is secret to Shiseido success, says CEO
Shiseido’s CEO Masahiko Uotani has revealed that the company has ushered in a diversity policy not only for its staff, but also for its brands in order to take the Japanese firm truly global and challenge the growing dominance of K-beauty. In an interview with the...
Challenge accepted: Colgate fights back against Patanjali with launch of herbal toothpaste
Colgate-Palmolive has responded to the growing threat of local FMCG manufacturer Patanjali with the launch of a new herbal toothpaste for the Indian market due this quarter, according to a report published by The India Times. Cibaca Vedshakti, as the new product has...
AmorePacific Malaysia: Mamonde will be a big hit, new RM500m facility planned
AmorePacific Malaysia is predicting big things for its newly launched women’s skin care brand, Mamonde. The K-beauty giant's wholly owned local subsidiary claims that the new-to-market label will contribute up to 20 percent of Malaysian sales in the space of just four...
AmorePacific reports record sales for 1H 2016; on track to smash KRW6 trillion target
AmorePacific has posted its best-ever performance for the first-half of the year, with net profit for the second quarter (April to June) reaching KRW246.7 billion, up 33 percent, according to a report published by Pulse. Operating profit soared 27.1 percent to...
Celebrities dare to bare as no make-up trend takes flight
A growing trend for celebrities posing in images without make up is gaining momentum as more and more famous faces embrace a ‘less is more’ approach to their cosmetics routines. Kylie Jenner graced from the front cover of Allure magazine with a fresh faced look, while...
Premium cosmetics boost LG Household and Healthcare Q2 results
Personal care company LG Household and Healthcare has reported record Q2 earnings, a growth attributed to the success of its premium beauty and skin care products. Net profit rose 36.4 percent in the April to June period year on year, reaching 159.4 billion won, while...
Chinese student brings fun serum face masks to UK
University of Nottingham student Lili Zhu has bought the fun serum face mask brand LianMask to the UK after spotting a gap in the market. The masks, which feature different animal faces, use thin bamboo extract serum sheets that are pressed onto the skin and peeled...
Indian naturals brand looks to expand into global market
The rise and rise of natural and organic beauty products has created many an opportunity for a wealth of beauty brands, an opportunity Indian naturals company Shahnaz Husain Group is looking to capitalize on. Indeed, the company has stated it is looking to break into...
Hindustan Unilever to challenge J&J with launch of Dove baby care line
Hindustan Unilever’s Dove marque is set to launch a line of baby care products onto the Indian market ‘in the next few months’, according to a report published by The India Times. The FMCG giant is planning to go head-to-head with current market leader Johnson &...
Californian LA Splash launches on Indian market
California-based make-up brand LA Splash has officially launched in India. The brand is imported by Wizaman Impex Private and has also teamed up with online premium discovery service Smytten for the launch. “LA Splash has been a very successful global brand having...
K-beauty coming to Brunei? Nation of Peace hosts Korean investors to boost trade
Korean investors travelled to Brunei on an Investment and Market Research Mission last week, according to a report published by The Korea Times. Several Korean entrepreneurs attended a Product Development Workshop hosted by The ASEAN-Korea Centre, with the Energy and...
Greenpeace names and shames Estée Lauder, LG, Chanel, Kosé and Amway for microbead content
A study conducted by Greenpeace has concluded that brands are not doing enough to eliminate microbeads from beauty and personal care products, according to a report published by Hong Kong Free Press. Greenpeace studied policies on the use of microbeads in cosmetics at...
AmorePacific continues investment in Hong Kong with new store openings
AmorePacific is set to continue its onslaught in the Hong Kong beauty market with the opening of 10 more stores across the country. The South Korean cosmetics manufacturer is hoping to capitalize on the buzz for K-beauty brands with its store openings, as Hong Kong...
It’sDemo launches Pokémon make-up range
Japanese fashion brand Its’Demo is set to release a range of Pokémon cosmetics to coincide with the launch of Pokémon GO. The range will be emblazoned with the Pikachu character and will include eye shadow palettes, face powder, nail polish and a mirror. Launching in...
Bain and Goldman Sachs acquire K-beauty brand Carver Korea
Carver Korea has announced that Bain Capital Private Equity and Goldman Sachs have agreed to acquire a majority stake in the company for an undisclosed sum. Reuters estimates that the stake is valued at more than KRW350 billion. The investment garnered from the sale...
759 Store withdraws body wash after Hong Kong Consumer Council discovers ‘dangerous levels ‘ of bacteria
After testing 60 body care products, Hong Kong’s Consumer Council has discovered dangerous levels of bacteria, mold and yeast in a body wash that carries the 759 Store label, according to a report published by The Hong Kong Standard. The 759 Store Sunflower Refreshing...
What’s Korean for ‘Boots’? British pharmacy chain to launch in K-beauty heartland
Walgreens Boots Alliance has signed a franchise deal for its Boots pharmacy chain with South Korean hypermarket group Emart Company, a member of Shinsegae Group. The British high-street stalwart will be launched across Korean shopping malls, on high streets and within...
K-beauty knows no borders: South Korea-Colombia Free Trade Agreement comes into force
A free trade agreement between South Korea and Colombia came into force at the close of last week, according to a report published by Pulse News. Under the agreement, Colombia will lift tariffs on 4,390 South Korean export products immediately, and lower charges on...
Kao on track to smash profit forecast for 1H 2016
Kao is set to smash its operating profit forecast for the six months to June, 2016, according to a report published by Nikkei. The Japanese cosmetics manufacturer is expected to announce group operating profit of ¥80 billion, well about the predicted ¥65 billion. The...
P&G supplier Tinci’s Chairman joins China’s billionaire club
The Chairman of one of P&G’s Chinese suppliers, Guangzhou Tinci Materials Technology, has become a billionaire, according to a report published by Forbes. Xu Jinfu, who co-founded Tinci in 2000, saw his 41.5 percent stake rise to a value of US$1.4 billion on...
Jahwa to list on JD.com: Chinese brands challenge multinationals online
Shanghai-based cosmetics and personal care company Jahwa has signed a deal with online retailer JD.com, according to a report published by Shanghai Daily, to sell and market its products via the e-commerce site. Jahwa is said to be aiming to more than double online...
MyGlamm to launch own label as beauty service provider expands to 10 new cities
Beauty service provider MyGlamm is planning to extend its reach to 10 new cities and launch a dedicated product line, according to a report published by Livemint. The Indian on-demand grooming business is anticipating a three-fold jump in revenue in the next six...
Nivea Men finds favor as Aussie men embrace all-things metrosexual
A study conducted by Roy Morgan Research has revealed that skin care use has become more commonplace among Australian males, with 3.7 million Aussie males (37.9 percent) purchasing at least one skin care product in any given six-month period in the year to March 2016....
LVMH-owned investment company to invest in Korean cosmetics brand CLIO
An investment company linked to LVMH, L Capital, is planning to invest US$50 million in South Korean cosmetics company CLIO, according to a report published by Pulse News. L Capital is set to buy redeemable convertible preference shares to the value of KRW57.3...
Vietnamese market a priority for K-beauty, led by AmorePacific
Euromonitor data has revealed that Vietnam is one of the most attractive markets in the world for South Korean FMCG manufacturers, according to a report published by Vietnamnet. When producers were questioned on which markets they were eyeing for potential expansion,...
Amway applauds new Indian guidelines to protects direct sales agents from pyramid schemes
Amway has applauded The Indian Consumer Affairs Ministry decision to implement guidelines in a bid to regulate the growing direct sales industry. The new regulations will bar companies from charging agents an entry fee on their products and deny them from forcing the...
L’Oréal Australia launches recycling service with TerraCycle
L’Oreal Australia has stepped up its sustainability drive with the launch of a recycling system in collaboration with US company TerraCycle. The service allows consumers to send their empty personal care bottles back via post to a recycling system, with users simply...
K beauty brand Hera takes on China with first store opening
South Korean beauty brand Hera is capitalizing on the rise and rise of K Beauty with the launch of its first store in China. As K Beauty gains in popularity worldwide, none more so than in South Korea, AmorePacific-owned Hera launched into the department store Shin...
Clinique champions women with new global social media campaign
Clinique has launched a new global social media campaign named The Difference Makers which puts the spotlight on women who are making a difference. The campaign, which is to promote its three-step system of exfoliator, cleanser and Dramatically Different moisturizor,...
‘Significant challenges remain’: Oxfam reports on Unilever’s working conditions in Vietnam
Oxfam has published a report following an investigation conducted into conditions for workers across Unilever’s Vietnamese operations and supply chain. The charity applauded the Anglo-Dutch FMCG giant’s willingness to cooperate in the project, but claimed that there...
L’Oréal launches new shampoo brand Ultra Doux in Chinese market
French beauty powerhouse L’Oréal has launched a new shampoo brand into the Chinese market in a bid to capitalize on the medium-end market. Priced between CNY20 to CNY80, the 43 product, five series Ultra Doux range – under the Garnier brand – will be launched in...
Unilever to ‘empower 5 million’ women by 2020 to create gender-balanced workplace
Personal care giant Unilever is looking to empower five million women to create a gender balanced workplace by 2020, according to Clive Stiff, CEO of Unilever ANZ. Speaking to womensagenda.au, Stiff has said that women are ‘essential to drive social and economic...
Going down: FY profit plunges 54.3 percent at Sa Sa International
Sa Sa International has announced its results for the year ended March 31, 2016. The retailer saw sales in Hong Kong and Macau dive 14.2 percent year-on-year to HK$6,231.6 million amid a ‘continuous drop in mainland China tourist arrivals’. Group turnover was down...
Sephora set for further expansion in Indian market thanks to Arvind Retail growth plans
Arvind Retail is set to open six more Sephora stores across India as it eyes further growth in the market following better-than-expected sales growth over the last two years. The company added Sephora, along with three other fashion brands such as GAP, to its...
Pola Orbis Holdings set to beat analyst expectations for six months ending June 30
Japanese company Pola Orbis Holdings is set to beat analyst expectations and post 12 million yen in operating profit for the six months ended 30 June 2016. The figure, up around 30 percent year on year, helped the company beat its own projection of 9.5 billion yen,...
KOSE to launch Sekkisei brand into US travel retail
apanese brand KOSE has announced it will launch its Sekkisei range into US travel retail in partnership with DFS group partner. The range will be sold exclusively in T Galleria in Hawaii as of August 1st and will create a custom designed ground floor installation...
Shiseido creates virtual kiss app as a marketing ploy to coincide with lipstick launch
Japanese beauty brand Shiseido has launched the Rouge Rouge Kiss Me digital app, which allows two people to kiss their smartphone and share a virtural kiss, which coincides with the global launch of its 16-color Rouge Rouge lipstick collection tomorrow. The app is...
RPG Life Sciences to launch licenced cosmetology line in India
RPG Life Sciences, a division of RPG Group, is set to enter the Indian cosmetology market next month. The company has agreed to in-licence two products from Italian firm Labo Cosprophar, according to a report published by the Business Standard. RPG Life Sciences has...
Henkel appoints new Schwarzkopf Professional GM for Australia and New Zealand
Henkel has appointed a new General Manager for its Schwarzkopf Professional brand, effective immediately. David Hahn will take the helm of the Australia and New Zealand territory, replacing Edward Grimson who is moving to Croatia, according to a report published by...
Million dollar smile? Let Shiseido’s new app be the judge of that
Japanese multinational Shiseido has launched a new app that rates the level of your smile on a level starting from zero percent up to 120 percent, which indicates a big smile. The app, captured with a tablet, is to be used in the hospitality industry and cements...
Media agency Maxus retains L’Oréal Indonesia account
GroupM media agency Maxus has retained its media responsibilities for beauty giant L’Oréal Indonesia after a multi-agency pitch. The company has worked with L’Oréal for over 10 years and saw off competitors Carat, IPG and Havas to undertake its media duties, with...
LATEST NEWS
