Coty to challenge Henkel as it enters fast-growing Indian salon market with P&G professional hair care brands
Coty’s acquisition of P&G’s beauty portfolio will see the beauty giant enter the fast-growing professional hair care market in India for the first time. According to a Livemint report, the Indian professional hair care market is valued at an estimated Rs 700 to...
Shiseido claims to have found a cure for baldness, available from 2018
Japan-based hair and cosmetics company Shiseido claims to have found a cure for baldness which it plans to make commercially available by 2018. The company has patented its new RepliCel Hair-01 (RCH-01) hair regeneration technology in the entire Asian region,...
Jewelry brand Tomei expands nascent skin care business; plans to launch new brands and 20 retail outlets in next three years
The success of Malaysian jewelry brand Tomei’s recently launched skin care operation, Flawless Skin Care, has prompted the company to push for rapid expansion. According to a report in The Star, the company is planning to launch 20 new outlets in the next three years...
Estee Lauder reduces product prices in China by as much as 23%
From today, Estee Lauder has cut the recommended retail price of products sold in China by as much as 23 percent as a result of the government’s decision to cut importation tariffs. China’s Ministry of Finance announced in May that it was slashing importation tariffs...
South Korean cosmetics brand Tonymoly to expand in China; expects to raise KRW88.8 billion from debut on Seoul bourse
South Korean cosmetics brand Tonymoly will make its debut on the Seoul bourse on July 10, according to a report published by Yonhap News Agency. The company will offer its stocks at between KRW26,400 and KRW30,200 per share and is expecting to raise up to KRW88.8...
Chinese regulator moves to close cross-border loophole: AQSIQ to inspect cross-border e-commerce imports
China’s General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) is planning to usher in new checks on imported food and cosmetics in order to standardize cross-border e-commerce trade. The proposed regulation will impose four conditions on...
Thailand’s Food and Drugs Administration warns against counterfeit Korean cosmetics
More than 1,000 counterfeit cosmetics brands have flooded the Thai market using false licence numbers, according to a report in The Nation. The products are mostly touted as skin lighteners from South Korea, but, Thailand’s Food and Drug Administration warns, have...
Unilever Hindustan eyes Keralan hair and skin care brand Indulekha; rumored to buy for Rs500cr
Unilever Hindustan is reportedly in the running for the acquisition of Keralan ayurvedic hair and skin care brand Indulekha. According to The Times of India, the FMCG giant has indicated interest in a buy-out of the brand’s manufacturer, Mosons Extractions, for Rs500...
Amore Pacific looks to US as MERS outbreak hits domestic sales
South Korea’s largest cosmetics manufacturer Amore Pacific saw its shares fall nearly 10 percent as an outbreak of Middle East respiratory syndrome (MERS) kept consumers at home and prompted tourists to cancel their trips, according to a report in the Associated...
Nivea launches Nivea Men Body Deodorizer for Indian market
Nivea India has launched new product Nivea Men Body Deodorizer for the Indian market. The product aims to replace the use of talc and perfumes, which are commonly used among Indian consumers to combat body odour. The Nivea Men Body Deodorizer claims to improve upon...
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