The company’s flagship Nivea brand is once again a market leader and set to launch into new markets, while sales of luxury brand La Prairie continue to decline.
As more luxury goods companies experience sales declines, one contributing factor is that wealthy Chinese consumers are no longer buying these products. We spoke to China ecommerce accelerator Azoya to find out more...
Chinese cosmetics major Yatsen Holding’s latest research and development investments target the growing market demand for makeup with skin care benefits.
Luxury botanical beauty brand Chantecaille is scheduled to launch in China in the third quarter of this year as it seeks to return to growth after a tough 2023.
Beiersdorf’s chief executive is “optimistic” about getting China’s regulatory approval for its hero ingredient W630, which will allow it to launch a wider range of products in the lucrative market.
Nivea saw record-breaking sales in 2023, which offset the disappointing performances for La Prairie and Chantecaille. The CEO shared his action plan to boost these luxury brands.
We round up the most recent developments in the exciting Chinese beauty market, including SK-II and Amorepacific’s slump in China, Estée Lauder’s plans to capture the luxury beauty market, C-beauty brand Documents’ prospects, and Sa Sa’s sales performance....
Consumer goods giant Procter & Gamble’s (P&G) latest consumer research suggests Japanese beauty brand SK-II woes in China are temporary, leading the firm to believe it will recover in the second half.
Amorepacific’s latest full-year results show that growth across multiple markets including the US were not enough to offset the slump in China, leaving its overseas business unit in the red
French beauty company L’Occitane Group has recorded sales of €843.4m in its third quarter, up by 19.5%, which was mainly attributed to a 199% increase in sales from the Sol de Janeiro brand.
We round up the most recent developments in the exciting Chinese beauty market, including MINISO fragrances, La Prairie’s Douyin debut, China’s new toothpaste regulations, Perfect Diary’s fine line-reducing lipstick, and more.
Amazon and Walmart’s digital storefronts comprise almost half US e-Commerce sales for beauty and personal care products, making it increasingly important that B2B manufacturers and suppliers to these industries understand how to navigate ingredient formulation...
The rivalries between China’s stalwart and emerging e-commerce players are set to make the upcoming Singles’ Day intensely competitive in the world’s second-biggest beauty market.
Its trio of mass-market skin care brands saw impressive growth for the German company by the end of Q3, while sales of luxury brand La Prairie continued to decline.
We round up the most recent developments in the exciting Chinese beauty market, including SENSAI’s new Shanghai flagship, Perfect Diary’s latest lip innovation, and more.
Home fragrance was a hot topic at LuxePack this year in the Monaco Grimaldi Forum. One talk discussed vital considerations for brands who wish to create products in this category.
We round up the most recent developments in the exciting Chinese beauty market, including the impact of Japan’s nuclear wastewater release, Burberry’s potential in China and more.
The US beauty market could potentially be fertile ground for Asian cosmetic brands which are valued for their efficacy, innovation, and unique approaches to beauty.
The stress-relieving action of dark tea polysaccharide and its ability to reduce stress-induced lipid secretion suggest strong cosmetics application potential, say Chinese researchers.
In recent years, more consumers have become intrigued by the ancient beauty rituals used in Africa, Asia, Native America and beyond. Here are five companies that created brands around this concept.
German personal care conglomerate Beiersdorf has blamed the diagou situation in China and South Korea for La Prairie’s 9.9% sales decline in the first half (H1).
Despite a slowdown in growth for LVMH Group, the Perfumes & Cosmetics division was still up 13% thanks to a "highly selective and high-quality distribution policy"
French beauty company L’Occitane has outlined marketing plans for brands L’Occitane en Provence and Elemis, particularly in the rebounding Chinese market.
China’s personalised cosmetics industry has hit a new milestone, with Shanghai leading the way in allowing approved retailers to produce customised products in stores, although challenges in quality and safety management remain to be overcome.
Launching into the Chinese beauty market is notoriously hard for European brands due to the cultural and language barriers, yet it can be a highly lucrative move when successful, says a Chinese partner company that has worked with the likes of Johnson...
Symrise is on the search to identify a homegrown brand that could redefine China’s fine fragrance landscape and challenge Western fragrance powerhouses for the hearts and noses of perfume aficionados.
Italian cosmetics company Pupa Milano is gearing up to take on the ‘huge potential’ of Asia’s beauty market with a new skin care line and new makeup innovations.
Spanish luxury beauty company Puig says it is focusing on livestreaming, pop-ups, and exclusive launches to engage with younger consumers in the travel retail channel.
Health and beauty retailer Watsons is focusing digital marketing efforts on WeChat to stay connected and build communities with its consumer base, as part of its offline plus online (O+O) model.
Chinese researchers have found that the essence liquid from Chinese mugwort produces a hydration effect and reduces oxidative stress on the skin, demonstrating its potential as a cosmetic ingredient.
American beauty major Coty is optimistic about Lancaster’s future in China as the launch of its new flagship and its ultra-premium Ligne Princiere line takes off with aplomb.
Estée Lauder’s chief has emphasised the importance of travel retail to its global beauty business despite the rebound lag in Asia that has forced it to lower its full-year sales forecast.
Beiersdorf’s luxury brand La Prairie saw sales hampered in the first quarter (Q1) due to challenging market conditions in China caused by ongoing COVID-19 pain points.
L’Oréal’s CEO has expressed excitement over the prospect of acquiring Australian luxury brand Aesop, which he believes holds tremendous potential in Asia, and in particular, China.
Beauty retailer Sa Sa International says the return of Chinese travellers to Hong Kong and Macau heralds a “promising start” to the new financial year.
The quantity of common preservatives used in cosmetics should not be determined solely based on toxicity levels, but also the inhibitory effect they may have on microorganisms that are beneficial to skin health, say researchers.
Markets like India, China, Africa and the Middle East offer a wealth of opportunities for growth in health and beauty, says the commercial director of GlobalData.