TonyMoly shifts focus to China; sets sales target of KRW260 billion for 2016
Korean cosmetics brand TonyMoly is hoping to capitalize on the growing popularity of all things K-beauty in China this year, after the brand closed the chapter on a long-running dispute with its local distributor, Shanghai Unique Information Technology Co, according...
Unilever Indonesia faces Halal warranty challenges
Unilever Indonesia is said to be facing challenges implementing its Halal warranty system due to the difficulties in monitoring third party collaborating with the company. The personal care giant has a Halal warranty system for all its products and its factory,...
Is K-beauty missing a trick? Prohibitive costs of halal certification could close key Muslim markets to AmorePacific et al
Korea’s major cosmetics players could be missing out on a lucrative opportunity should they continue to ignore the growing popularity of halal-certified cosmetics, according to a report published by The Korea Herald. The costs related to certification are thought to...
MGC Pharmaceuticals plans entry to Australian cannabis-based cosmetics market
MGC Pharmaceuticals is planning to enter the burgeoning Australian medicinal cannabis market, according to a report published by AAP. “The medicinal cannabis market in Australia is emerging as one of the most exciting opportunities for Australian patients, material...
Sales of cosmetics imports to soar as China adjusts taxes for cross-border e-commerce
Sales of imported cosmetics sold online are set to soar as the Chinese government announced its intention to broaden a pilot program that levied lower taxes on e-commerce transactions, according to a report published by BloombergBusiness. The Chinese government first...
We’re the gateway to Africa: Mauritius looks to enhance trade relations with Pakistan
Mauritius is hoping to boost trade with Pakistan, according to a report published by The Nation. The country’s High Commissioner, Yusef Elahee, has revealed that it will cooperate with RCCI to hold a Made in Pakistan exhibition in Mauritius to strengthen commercial...
Made in Italy, sold in Korea? ITA hosts business seminar to open doors
The Italian Trade Agency (ITA) hosted a two-day business seminar for more than 100 Italian businessmen and government officials last week, according to a report published by The Korea Times. Some 41 small and medium-sized Italian companies participated in the event,...
Will Australia’s pharmacy regulations review open doors for Walgreens Boots Alliance?
Walgreens Boots Alliance’s plans to establish a chain of Boots-brand pharmacies in Australia have been thwarted by pharmacy ownership regulations thus far, according to a report published by The Sydney Morning Herald, but a review due to report in March 2017 could...
Japan: Set to ease visa rules for cosmetic workers?
The Japanese government is set to decide on a current bill that suggests economic zone regulations be eased up for regulations on foreign cosmetics professionals looking to work at Japanese companies. Also extending to designers and animators, the bill was drawn up...
‘Nothing more than added cost and delays’: Industry raises concerns over Australia’s NICNAS reform
Reactions to the first consultation paper on reforms to Australia’s National Industrial Chemicals and Assessment Scheme (NICNAS) have highlighted a number of concerns over international risk assessment, matrix banding and existing chemicals. A wide range of responses...
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