K-beauty brands take further hit as Shanghai lockdown extended
K-beauty brands such as AmorePacific are likely to feel the effects of China’s renewed lockdowns keenly, according to a report published by The Korea Times.
Shopee pulls out of India
Singaporean e-commerce platform, Shopee has backpeddled on its Indian launch mere months after its arrival, announcing that it is quitting the market, according to a report published by Entracker.
Japanese beauty e-tailer Acro hit by third-party data breach; exposes more than 100,000 payment cards
Japanese beauty e-tailer Acro has been hit by a third-party data breach, which exposed more than 100,000 payment cards across two of its four beauty product websites.
Nykaa stocks rise as it settles litigation with L’Oréal
Nykaa has settled a long-running copyright infringement litigation with L’Oréal, with shares up 5 percent following the news.
South Korea to ban POPs and eight perfluorinated compounds in cosmetics
The South Korean Ministry of Food and Drug Safety (MFDS) is poised to ban the use of persistent organic pollutants (POPs) and eight perfluorinated compounds in cosmetics, according to a report published by Chemical Watch.
China freezes Tin’Secret’s assets over pyramid selling allegations
Chinese regulators have frozen assets belonging to Shanghai Dowell, owner of cosmetics brand Tin’Secret, valued at approximately CNY600 million, according to a report published by Nikkei Asia.
Mecca prevails against Hourglass in exclusivity battle
Australia’s Supreme Court has found in favor of Mecca in a case it bought against Hourglass Cosmetics over a breached exclusivity agreement, according to a report published by News.com.
LG Household & Health Care wins trademark battle with Two Faced
LG Household & Healthcare has won a trademark battle with Estée Lauder Companies-owned Two Faced over the ‘Born This Way’ slogan.
China publishes regulations on cosmetics for kids
The Chinese National Medical Products Administration has published a new regulatory framework for cosmetics, oral and personal care products targeted at children, according to a report published by Market Screener. The new legislation will enter into force on January 1, 2022.
China to crackdown on cosmetics counterfeits and misleading claims
The Chinese National Medical Products Administration has announced that it is cracking down on sales of counterfeit cosmetics, according to a report published by Reuters.
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