French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight developments from L’Occitane, Hourglass, HUL and more.
French competitiveness cluster Cosmetic Valley has signed a partnership with Parisian region Île-de-France that aims to promote perfumery and cosmetics on a global stage.
We speak to leading beauty and personal care brands to glean insights on three emerging markets – Vietnam, the Middle East and Central Asia – to see what 2023 has in store for the industry.
Skin care brand Meeth is furthering its global ambitions by making entry into Spain, where it believes it can excite beauty consumers with its novel Japanese products.
L’Oréal announced the acquisition of physician-dispensed brand Skinbetter Science, which will become part of the multinational’s Active Cosmetics Division.
Japanese beauty major Shiseido is planning to invest JPY10bn (USD75.5m) in both brand equity and its employees as part of plans to go on the offensive and buck the declining trend of the market.
The British beauty sector will parade its status as an economic powerhouse and potent transformer of lives at next month’s British Beauty Week, as the industry and world slowly moves past the COVID-19 pandemic once and for all.
India-based cosmetics conglomerate The Good Glamm Group is set to make its first foray internationally into the Middle East in August, and has plans to tackle the South East Asian market next year.
In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight Dear Dahlia’s Middle East expansion, trends within the recovering travel retail market and more.
Indian direct-to-consumer (DTC) beauty and personal care brand SUGAR Cosmetics has secured U$50m in funding, which will bring it closer to its goal of going public.
International trade of French beauty and personal care products was up 2.5% in 2021 versus 2019, largely due to rising trade of makeup, face care and perfumes and record growth rates in exports to China and the US, says the French Federation for Beauty...
Beauty major Estée Lauder Companies says it will be increasing its coverage across all channels in China this year to capitalise on the growth potential of its beauty market.
Personal care major Unilever has split out its operations into five distinct business units to create a more category-focused company, breaking up its largest division beauty and personal care.
Personal care titan Johnson & Johnson (J&J) will split out its consumer health business to create a new publicly traded company, part of its wider plan to pursue more targeted growth strategies.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the half-year results of LG Household & Healthcare, Amorepacific, Pola Orbis and more.
Singapore-headquartered luxury fragrance house Maison 21G is rapidly expanding its international footprint in markets in Asia and the Middle East, and has its sights set on entering China in 2022.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the first-quarter results from Shiseido, Kao Corp, L’Occitane and more.
Companies need to rethink how they implement sustainability initiatives and should integrate them it into the ‘heart’ of their business models, a panel of experts at the Global Fragrance Summit organised by the International Fragrance Association (IFRA)...
South East Asian fashion retailer FJ Benjamin Holdings (FJB) has recently expanded into beauty with the addition of cult skin care Dr. Barbara Sturm Molecular Cosmetics to tap into the growing demand for skin care amid COVID-19.
Consumer goods major Unilever has completed the unification of its Anglo-Dutch legal structure in a move it says will future-proof business by enabling greater flexibility on strategic portfolio updates.
International beauty major L’Oréal has announced a series of changes at its helm for next year, including the succession of its current CEO and creation of a new business division merging research, innovation and technologies.
Hong Kong-headquartered beauty retailer A.S. Watson is eyeing what it sees as a gap in the market for skin care and masstige segments for success in its first venture into the Middle East.
Natura & Co and L’Oréal are two of the top 10 most inclusive and diverse publicly traded companies worldwide in 2020, according to financial market insights firm Refinitiv.
British hair removal specialist Aqua Natural wants to build out its Sugar Coated brand, following a rebranding initiative last year, and says there’s plenty of space to do so in a growing category.
Sustainable packaging innovation, analysis on animal testing bans across the world, and news of the multibillion Nestlé Skin Health sale and rebrand were just some of our most read stories last year.
There was a steady flow of mergers, acquisitions and business partnerships throughout 2019, particularly in fragrances. This round-up spotlights some of the most significant moves of the year.
Starting in January 2020, Veronique Drecq will lead a new program at the school—supported by Estée Lauder, IFF, and Douglas subsidiary Nocibé—called Leading a Beauty Brand.
IFF has reported strong growth for its second quarter results, with the fragrance side of the business benefiting from recent acquisitions and organic sales growth.
Nivea's parent company has released its second quarter results, which show that although growth was slightly held back by a cyber attack, it still reported a 3.3% rise in underlying first-half sales.
With digital taking an ever more central role in the way beauty and personal care brands are retailing their products, we take a look at how consumer demand has shaped retail in the EMEA region in 2016.
Magic mirrors, which harness virtual reality to allow consumers to try on makeup digitally, are becoming something of a craze in beauty, and Charlotte Tilbury is the latest company to give it a go.
SCA, one of the leading global hygiene and forest products companies, has announced it will integrate its Middle East, India and Africa operations into its global consumer goods business unit.
The multinational beauty company announced a CRO role for its Montreal-based L'Oréal Canada subsidiary this month. The new executive will lead retail strategy and customer experience for the company’s branded boutiques and shops.
Estee Lauder’s UK & Ireland operation has appointed Janet Saunders to the newly created position of Commercial Vice President/ General Manager, as it looks to leverage further opportunities across its portfolio.
Luxury goods multinational LVMH has seen its travel retail business, DFS Group, maintained growth in the last year, despite having to absorb ‘significant cost containment’, due to a turbulent market in Asia.
The FMCG industry is approaching a turning point: the new year is set to see innovations reach the market that will shatter current approaches to sustainability and the wider “green issue.”
As consumers continue to spend money on affordable luxuries like nail care; start-ups and big players alike are looking to kiosks rather than retail stores to cash in on these opportunities.
Avon Products continues its restructuring and streamlining with the sale of its jewelry unit back to its original owner Rhinestone Holdings, a deal that means a big loss for the cosmetics giant.
Beiersdorf’s preliminary full year sales show that the consumer division has been steady, boosted by developing markets but let down by European sales, but profits beats expectations on the back of restructuring.
US packaging firm Sonoco has outlined plans to focus on building its blow-molding plastics business in the coming year as part of its strategic and financial update.
![Aēsop is today present in 29 markets, has 395 stores and increased its gross sales between 2012 and 2022 by €465m (US$509m) [Image: Aesop Facebook]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/04/04/l-oreal-to-acquire-natura-co-owned-aesop-for-us-2.5bn-and-grow-brand-globally/16305295-1-eng-GB/L-Oreal-to-acquire-Natura-Co-owned-Aesop-for-US-2.5bn-and-grow-brand-globally.jpg)
![A round-up of the business and financial updates in the APAC cosmetics industry. [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/02/24/l-occitane-hourglass-hul-in-our-beauty-business-update/16185398-1-eng-GB/L-Occitane-Hourglass-HUL-in-our-beauty-business-update.jpg)
![BIOEFFECT is aiming to accelerate its business in Asia after taking a “massive hit” during COVID-19. [Bioeffect]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/bioeffect-aims-to-bring-asia-business-back-to-pre-pandemic-levels/16112330-1-eng-GB/BIOEFFECT-aims-to-bring-Asia-business-back-to-pre-pandemic-levels.jpg)
![Part of the partnership includes the launch of a 'Cosmetics Week' - an international event set to follow closely in the footsteps of the renowned worldwide Paris Fashion Week [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/cosmetic-valley-partners-with-ile-de-france-region-to-boost-international-image-of-french-beauty/16109735-1-eng-GB/Cosmetic-Valley-partners-with-Ile-de-France-region-to-boost-international-image-of-French-beauty.jpg)
![Leading beauty and personal care brands on three emerging markets it is keeping an eye on. [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/all-eyes-on-three-emerging-markets-to-watch-for-beauty-and-personal-care-growth-in-2023/16025315-1-eng-GB/All-eyes-on-Three-emerging-markets-to-watch-for-beauty-and-personal-care-growth-in-2023.jpg)
![Meeth is furthering its global ambitions by making entry into Spain. [Meeth]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/japan-s-meeth-advances-global-expansion-plans-with-spain-debut/15864275-1-eng-GB/Japan-s-Meeth-advances-global-expansion-plans-with-Spain-debut.jpg)
![Shiseido is planning to invest JPY10bn in both brand equity and its employees. [Shiseido]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-to-invest-over-75m-in-brand-equity-and-employee-training/15679818-1-eng-GB/Shiseido-to-invest-over-75m-in-brand-equity-and-employee-training.jpg)
![British Beauty Week will focus on galvanising business and creators and celebrating how far the category has come, particularly post-COVID [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/british-beauty-week-september-5-11-2022-to-galvanise-business-says-british-beauty-council-ceo/15668769-1-eng-GB/British-Beauty-Week-September-5-11-2022-to-galvanise-business-says-British-Beauty-Council-CEO.jpg)
![The Good Glamm Group is set to make its first foray internationally into the Middle East in August. [The Mom's Co.]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/the-good-glamm-group-s-international-venture-targets-middle-east-sea/15625353-1-eng-GB/The-Good-Glamm-Group-s-international-venture-targets-Middle-East-SEA.jpg)
![The recent developments in the exciting Chinese beauty market, [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/china/china-focus-latest-developments-in-china-s-booming-beauty-market3/15531980-1-eng-GB/China-focus-Latest-developments-in-China-s-booming-beauty-market.jpg)
![Business and financial updates in the APAC cosmetics industry. [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/financial-focus-most-read-news-on-business-and-financial-updates-in-apac-beauty/15531641-1-eng-GB/Financial-focus-Most-read-news-on-business-and-financial-updates-in-APAC-beauty.jpg)
![SUGAR Cosmetics has secured U$50m in funding, which will bring it closer to its goal of going public. [SUGAR Cosmetics]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/06/15/sugar-cosmetics-edges-closer-to-ambition-of-going-public-with-latest-mega-funding/15518219-1-eng-GB/SUGAR-Cosmetics-edges-closer-to-ambition-of-going-public-with-latest-mega-funding.jpg)
![French beauty trade with China hit an all-time high in 2021, representing €1.9bn in business, with the APAC country now the 'leading destination' for exports [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/french-beauty-exports-hit-record-year-in-2021-with-china-us-makeup-and-face-care-strong-says-febea/13246198-1-eng-GB/French-beauty-exports-hit-record-year-in-2021-with-China-US-makeup-and-face-care-strong-says-FEBEA.jpg)
![Estée Lauder Companies says it will be increasing its coverage across all channels in China this year. [Estée Lauder]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-china-preparing-to-increase-presence-across-all-retail-channels/13235929-1-eng-GB/Estee-Lauder-China-preparing-to-increase-presence-across-all-retail-channels.jpg)
![Unilever will now operate under five category-focused business groups: beauty & wellbeing; personal care; home care; nutrition; and ice cream [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/08/unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care/13223699-1-eng-GB/Unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care.jpg)
![Coty, Yatsen, L’Occitane and more feature in this round-up of financial results. [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-yatsen-l-occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update/13183340-1-eng-GB/Coty-Yatsen-L-Occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![Johnson & Johnson plans to complete the carve-out of a standalone Consumer Health business by the end of 2022 [Getty Images]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/johnson-johnson-splits-consumer-health-business-to-drive-growth/13016725-1-eng-GB/Johnson-Johnson-splits-consumer-health-business-to-drive-growth.jpg)
![[Amorepacific]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/amorepacific-lg-h-h-and-more-feature-in-our-latest-beauty-business-and-finance-update/12738465-1-eng-GB/Amorepacific-LG-H-H-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![Maison 21G is rapidly expanding its international footprint. [Maison 21G]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/maison-21g-accelerates-global-expansion-targets-china-in-2022/12606054-1-eng-GB/Maison-21G-accelerates-global-expansion-targets-China-in-2022.jpg)
![Our updates on financial results, M&As and funding drives in the cosmetics industry. [L'Occitane]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-kao-l-occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update/12569556-1-eng-GB/Shiseido-Kao-L-Occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![China now L’Occitane’s largest market in FY2021. [L'Occitane Intl]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q4-results-china-now-firm-s-largest-market-after-sales-surge-by-60/12419211-1-eng-GB/L-Occitane-Q4-results-China-now-firm-s-largest-market-after-sales-surge-by-60.jpg)
![Companies need to rethink how they implement sustainability initiatives and should integrate them it into the ‘heart’ of their business models. [GettyImages]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/regulation-safety/ifra-experts-say-sustainability-must-be-considered-a-cost-of-doing-business/12249781-1-eng-GB/IFRA-experts-say-sustainability-must-be-considered-a-cost-of-doing-business.jpg)
![FJB recently expanded into beauty to tap into the growing demand for skin care amid COVID-19. [Dr. Barbara Sturm]](https://www.cosmeticsdesign-europe.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/01/19/fashion-retailer-fjb-bets-on-skin-care-brand-dr.-barbara-sturm-in-effort-to-diversify-business/12074370-1-eng-GB/Fashion-retailer-FJB-bets-on-skin-care-brand-Dr.-Barbara-Sturm-in-effort-to-diversify-business.jpg)
