In this round-up of the business and financial updates in the APAC cosmetics industry, we highlight business developments from Coty, Kosé, Perfect Diary and more.
Now available to US beauty consumers, the A’pieu brand looks to expand its targeted audience of Gen Z shoppers through products like the unique Juicy Pang Water Blusher.
As demand for clean beauty care products continues to grow, oral health care brands like Boka are continuing to see success and rapid growth among U.S. consumers.
Finalists in NIQ’s program will have the opportunity to access exclusive data as well as mentorship and leadership support to expand brand awareness and refine business plans for greater success in the CPG beauty space.
Through the acquisition of CENTAURI Technologies, Aurorium seeks to continue global expansion within the personal beauty care product and other end-user focused sectors by leveraging the company’s experience as a technology-driven specialty materials...
Personal care major Johnson & Johnson is working with biotech specialist Sequential Skin to investigate whether there are any new markers for skin health, particularly those linked to acne and ageing.
The deal brokered between Givaudan and Amyris, Inc. outlines the addition of three key active ingredients for commercialization to extend both companies product offerings and consumer reach.
International personal care major Colgate-Palmolive is heavily invested in the digitisation of its business, building out augmented factories, clean data rooms and digital shelf innovation to drive growth globally.
Japanese beauty major Shiseido will start to prioritise strategic investments in three key areas – brands, innovation and people – to drive revenue growth, according to its CEO.
Boston-based private equity firm Yellow Wood Partners has acquired the North American operations of Unilever-owned personal care brand Suave as the European consumer goods major continues to divest parts of its beauty portfolio.
Consumer goods major Unilever has reported a net profit surge for the full year of 2022, led by strong growth in its recently carved out beauty and wellbeing division and good business in the Americas.
The Fragrance Creators Association has unveiled a Data Insight Program designed to track and predict US trends, ultimately empowering its members to make market-relevant decisions, says its president and CEO Farah K. Ahmed.
Suppliers and manufacturers to the U.S. cosmetics and personal beauty care products industry at risk of higher import costs, reduction in operations, and more.
JCPenney continues to pivot to meet post-pandemic shopping trends, with the retailer already halfway through the rollout of its beauty store-within-a-store concept.
As more beauty consumers shop in brick-and-mortar stores, what are retailers doing to convince people to step away from their smartphones and go IRL again?
Sephora pulled influencer lines from its shelves, Forma Brands filed for bankruptcy, and a slew of celeb beauty brands have faced increased consumer criticism. Is the ‘star power’-based business model failing? And if so, why?
TikTok changed the entire trends cycle for beauty brands in 2022, but how can it be used to drive sales in 2023? And what will happen if it’s banned in the US and EU?
In an ever-shifting landscape of mergers, acquisitions, and recapitalizations, the Yebo Group is starting Q1 2023 with confidence and a partnership with Exeter Street Capital Partners.
Four beauty giants and one fragrance major have been awarded a triple ‘A’ status for sustainable efforts across climate change, forests and water security this year, securing five of just 12 leadership spots in the annual CDP Rating.
Australian beauty brand Mary Grace has given its packaging a facelift and is embarking on an NPD drive, as it readies itself to set foot into overseas markets.
After seeing great success campaigning for amendments to the Federal Food, Drug & Cosmetics Act, the Personal Care Products Council shares its vision for 2023 and beyond.
The beauty industry can connect better with consumers by rethinking how it communicates and markets sustainable product offerings, bringing additional aspects into the narrative, say industry executives.
Provisions for increased financial support for developing countries and sharing the benefits of genetic resources more fairly will help ensure delivery of the 'historic' deal agreed at the UN Biodiversity Conference (COP15) in Montreal, according...
Executive leaders from Rituals, L’Oréal, Colgate-Palmolive, LMVH and Weleda discuss how industry can truly advance sustainably and how critical consumer education will be for driving true change in this space, as well as wider health and wellbeing shifts.
Canadian beauty services brand Fancy Face saw success with its signature product line and flagship store and is now focusing on expanding reach and finding specific retail partners.
Products that instantly impress and brand communication that helps shape beauty and personal care usage will be key to driving superiority growth for Procter & Gamble, says its chief financial officer (CFO).
New climate targets will see multinational beauty manufacturer Coty getting more ambitious in its efforts to reduce greenhouse gas emissions and energy usage.
Forestwise, a supplier of wild harvest ingredient from the rainforest, is aiming to secure multinational customers from the cosmetics and food industry in order to better support the community.
Estée Lauder Companies’ acquisition of Tom Ford is a shrewd move that will allow the world’s second largest beauty company to better compete with its rival L’Oréal, says a GlobalData analyst.
If the beauty industry wants to create real change it needs to shift how it defines its moving parts, and thinking of beauty consumers as beauty citizens could be the first step, says the chair of the B Corp Beauty Coalition supervisory board.
There are opportunities for beauty brands to help counter fatigue through self-care, provide experimentation and empowerment and support consumers as they seek to reinvent themselves and express their individuality, according to Mintel.
Evereden has signed a deal with Sephora that will see its multi-generational skin care products on-shelf in five Asian markets – with the firm planning to ‘disrupt’ the APAC market by reaching millennial and Gen Z audiences.
Beauty titan Estée Lauder Companies is expecting a slow recovery in China’s crucial travel retail hotspot of Hainan and does not anticipate things to be “fully back to normal” by the next fiscal year, said its CFO.
Hiring activists is a sure-fire way to accelerate environmental and sustainable change in a beauty business, and it’s a strategy that has worked well in driving impact at Lush so far, says its earth care strategy lead.
Whilst many countries worldwide are working to tackle the climate crisis, actions are not keeping pace with real-world risks and impacts on planet and people, largely due to huge funding gaps, according to the United Nations Environment Programme (UNEP).
Contract manufacturer Voyant has launched a new division intended to identify the most promising indie brands and partner with them up until acquisition.
Proctor and Gamble recently released its quarter-one financial results, indicating a turbulent market and the company’s philosophy on surviving the economy.
Unilever-owned Dove has unveiled a global campaign designed to drive diversity in virtual beauty, collaborating with game developers and a gaming charity to catalyse change and improve female representation in the gaming world.
The northern hemisphere is well into autumn now, but CosmeticsDesign's most popular articles over the summer are still here with information about where the world of cosmetics is going.
![Business developments from Coty, Kosé, Perfect Diary and more. [Lancaster]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/financial-focus-coty-kose-perfect-diary-and-more-in-our-beauty-business-update/16257778-1-eng-GB/Financial-focus-Coty-Kose-Perfect-Diary-and-more-in-our-beauty-business-update.jpg)
![J&J will combine its genomic database with data collected via Sequential Skin's skin patch tests to build out panels of skin health markers related to acne and ageing [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/03/15/johnson-johnson-sequential-skin-partnership-tracking-skin-health-markers-for-acne-and-ageing/16251070-1-eng-GB/Johnson-Johnson-Sequential-Skin-partnership-tracking-skin-health-markers-for-acne-and-ageing.jpg){kind=tracking}
![Shopper journeys now blur across online and offline worlds, carving out plentiful opportunities for consumer brands to better engage, learn and innovate accordingly [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/02/28/colgate-palmolive-digital-transformation-focused-on-smart-factories-clean-data-rooms-and-digital-shelf-innovation/16208842-1-eng-GB/Colgate-Palmolive-digital-transformation-focused-on-smart-factories-clean-data-rooms-and-digital-shelf-innovation.jpg)
![Shiseido will start to prioritise strategic investments in three key areas. [Shiseido]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/02/21/shiseido-will-make-proactive-investments-for-revenue-growth-from-2023-ceo/16170182-1-eng-GB/Shiseido-will-make-proactive-investments-for-revenue-growth-from-2023-CEO.jpg)
![Unilever's freshly carved-out beauty and wellbeing division, with Dove, Vaseline and Sunsilk key brands, reported strongest full-year growth [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/02/10/unilever-full-year-2022-net-profit-soars-24.9-with-beauty-and-wellbeing-growing-strongest/16159340-1-eng-GB/Unilever-full-year-2022-net-profit-soars-24.9-with-beauty-and-wellbeing-growing-strongest.jpg)
![The five companies have been recognised for their environmental leadership across climate change, forests and water scarcity - a status only 12 global companies achieved in 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2023/01/11/cdp-a-list-2022-features-beiersdorf-firmenich-kao-l-oreal-and-lvmh-as-triple-a-scores-for-environmental-leadership/16074266-1-eng-GB/CDP-A-List-2022-features-Beiersdorf-Firmenich-Kao-L-Oreal-and-LVMH-as-Triple-A-scores-for-environmental-leadership.jpg)
![As beauty transitions into 2023, its sharp focus on diversity and sustainability will continue to change the 'business as usual' approach [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2023/01/06/personal-care-products-council-president-talks-2023-beauty-trends-in-diversity-environment-and-regulation/16060781-1-eng-GB/Personal-Care-Products-Council-president-talks-2023-beauty-trends-in-diversity-environment-and-regulation.jpg)
![As the sustainable beauty space booms, building and maintaining trust with consumers will be key for brands [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/headlines/business-financial/sustainable-beauty-executives-say-brands-must-rethink-marketing-to-include-certification-value-for-money-and-education-efforts/16053911-1-eng-GB/Sustainable-beauty-executives-say-brands-must-rethink-marketing-to-include-certification-value-for-money-and-education-efforts.jpg)
![Our top 10 stories from the past year that highlight how the beauty sector is bouncing back from the pandemic. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/beauty-revival-top-10-stories-on-post-covid-beauty-and-consumer-trends/16042544-1-eng-GB/Beauty-revival-Top-10-stories-on-post-COVID-beauty-and-consumer-trends.jpg)
![The adoption of the Kunming-Montreal Global Biodiversity Framework (GBF) at last month's COP15 should provide a stronger means for implementation of finance and strategies to protect biodiversity [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2023/01/03/un-biodiversity-conference-cop15-in-montreal-results-in-historic-deal-to-protect-people-and-planet/16052336-1-eng-GB/UN-Biodiversity-Conference-COP15-in-Montreal-results-in-historic-deal-to-protect-people-and-planet.jpg)
![Executive leaders at Rituals, L'Oréal, Colgate-Palmolive, LVMH and Weleda weigh in on the climate crisis and wider health crisis [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/12/23/rituals-l-oreal-colgate-palmolive-lvmh-and-weleda-talk-climate-crisis-oral-health-crisis/16045271-1-eng-GB/Rituals-L-Oreal-Colgate-Palmolive-LVMH-and-Weleda-talk-climate-crisis-oral-health-crisis.jpg)
![Fancy Face offers a range of premium makeup and skin care items online and via its own-brand boutique store [Image: Fancy Face]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/headlines/business-financial/fancy-face-canada-beauty-services-firm-eyes-retail-expansion-and-own-store-push/16044656-1-eng-GB/Fancy-Face-Canada-beauty-services-firm-eyes-retail-expansion-and-own-store-push.jpg)
![Procter & Gamble is focused on creating instant impact with its beauty, personal care and home care products, aiming to create the 'first-use wow' impression [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/procter-gamble-cfo-talks-superior-innovation-at-morgan-stanley-global-consumer-and-retail-conference/16026779-1-eng-GB/Procter-Gamble-CFO-talks-superior-innovation-at-Morgan-Stanley-Global-Consumer-and-Retail-Conference.jpg)
![Coty has focused its future sustainability actions around key 'hotspots' in its business model [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2022/12/12/coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging/16016546-1-eng-GB/Coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging.jpg)
![Forestwise is aiming to secure multinational customers from the cosmetics and food industry in order to better support the community. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/illipe-butter-imperative-to-find-big-beauty-brands-to-support-communities-in-borneo-forestwise-ceo/15995846-1-eng-GB/Illipe-Butter-Imperative-to-find-big-beauty-brands-to-support-communities-in-Borneo-Forestwise-CEO.jpg)
![Estée Lauder Companies is due to close its acquisition of fashion major Tom Ford early next year [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/headlines/business-financial/estee-lauder-companies-tom-ford-acquisition-for-2.3bn-to-increase-competition-in-beauty-says-globaldata/16000961-1-eng-GB/Estee-Lauder-Companies-Tom-Ford-acquisition-for-2.3bn-to-increase-competition-in-beauty-says-GlobalData.jpg)
![A beauty citizen could be considered 'an individual who is conscious of their role in society and is keen to protect the beauty of nature as to improve their own sense of beauty' [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/11/29/b-corp-beauty-coalition-wants-to-drive-concept-of-beauty-citizen-for-sustainable-change/15979430-1-eng-GB/B-Corp-Beauty-Coalition-wants-to-drive-concept-of-beauty-citizen-for-sustainable-change.jpg)
![The Balm's own manufacturing capabilities is aiding its international push. [The Balm]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/the-balm-asia-expansion-aided-by-own-manufacturing-capabilities/15957050-1-eng-GB/The-Balm-Asia-expansion-aided-by-own-manufacturing-capabilities.jpg)
![Evereden has signed a deal with Sephora that will see its multi-generational skin care products on-shelf in five Asian markets. [Evereden]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/apac-family-skin-care-market-ripe-for-disruption-on-back-of-bumper-sephora-deal-evereden/15925667-1-eng-GB/APAC-family-skin-care-market-ripe-for-disruption-on-back-of-bumper-Sephora-deal-Evereden.jpg)
![Estée Lauder is expecting a slow recovery in China’s crucial travel retail hotspot of Hainan. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-anticipates-hainan-recovery-in-fiscal-2024-cfo/15925370-1-eng-GB/Estee-Lauder-anticipates-Hainan-recovery-in-fiscal-2024-CFO.jpg)
![Lush has a sense of activism embedded into its culture, from its founders through to everyday employees, which has helped accelerate change [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/lush-tackling-climate-justice-and-driving-sustainable-beauty-with-activists-says-exec/15928058-1-eng-GB/Lush-tackling-climate-justice-and-driving-sustainable-beauty-with-activists-says-exec.jpg)
![The United Nations Environment Programme (UNEP) has released its annual Adaptation Gap Report and Emissions Gap Report highlighting a radical shift of gears is needed to tackle the climate crisis [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/united-nations-environment-programme-unep-2022-adaptation-report-and-emissions-gap-report-released/15909989-1-eng-GB/United-Nations-Environment-Programme-UNEP-2022-Adaptation-Report-and-Emissions-Gap-Report-released.jpg)
![L’Oreal’s luxury division continues to be weighed down by the repeated lockdowns in China. [L'Oréal / Lancôme Absolue]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-luxury-division-weighed-down-by-china-s-covid-affected-skin-care-market/15880358-1-eng-GB/L-Oreal-luxury-division-weighed-down-by-China-s-COVID-affected-skin-care-market.jpg)
![The collaborative campaign is being spearheaded by a new education program designed to help game creators reflect real-life diversity and avoid contributing to stereotypes and biases in design [Image: Unilever/Dove]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/10/24/dove-launches-real-beauty-in-gaming-campaign-to-push-diversity-in-games-and-educate-game-creators/15879281-1-eng-GB/Dove-launches-Real-Beauty-in-Gaming-campaign-to-push-diversity-in-games-and-educate-game-creators.jpg)
![Business developments from Coty, Kosé, Perfect Diary and more. [Lancaster]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/financial-focus-coty-kose-perfect-diary-and-more-in-our-beauty-business-update/16257778-1-eng-GB/Financial-focus-Coty-Kose-Perfect-Diary-and-more-in-our-beauty-business-update.jpg)
