Business & Financial

The Long Read

Environmental expert: Industry must establish ‘ethical integrity’ across entire supply chain in global crises

12-Oct-2022 By Kacey Culliney

The beauty and personal care industry must today respond to converging global crises and ensure ethical integrity in every part of the value chain to protect the future of the planet, people and business, says British environmentalist Sir Jonathon Porritt.

CEO Interview

Three lessons on moving into the Chinese market, according to SuperOrdinary

05-Oct-2022 By Ravyn Cullor

SuperOrdinary paved its way in beauty helping US brands move into the Chinese market, and as Honest Co begins that journey lessons can be learned by the industry.

Explore the new "Companies looking to the future" hot topic category

04-Oct-2022 By Ravyn Cullor

Readers may have noticed the hot topic categories on CosmeticsDesign have changed, including one dedicated to the companies looking to the future in the industry.

Dive deeper on Kao joining Genomatica venture to scale palm oil alternatives

03-Oct-2022 By Ravyn Cullor

Biotechnology firm Genomatica announced last week that Japanese giant Kao Corporation is joining a venture to scale alternatives to palm oil.

Dive deeper on announced name for J&J's planned consumer health company

28-Sep-2022 By Ravyn Cullor

Johnson and Johnson announced Tuesday that the name of its new planned consumer health company will be Kenvue.

Retail and DTC: New hot topic dedicated to the buying and selling in beauty

27-Sep-2022 By Ravyn Cullor

CosmeticsDesign recently launched a new set of hot topics and readers can now find a section dedicated to beauty retail and DTC.

‘Strong, inclusive and fearless’: Estée Lauder enters tie-up with Balmain for 2024 prestige beauty launch

27-Sep-2022 By Kacey Culliney

International beauty major The Estée Lauder Companies and French luxury fashion house Balmain have entered into a license agreement to collaboratively develop and launch an inclusive prestige beauty line next year.

Dive deeper on L’Oréal acquisition of physician-dispensed brand Skinbetter Science

26-Sep-2022 By Ravyn Cullor

L’Oréal announced the acquisition of physician-dispensed brand Skinbetter Science, which will become part of the multinational’s Active Cosmetics Division.

Euromonitor’s four supply chain risks and what they may look like now, long term

22-Sep-2022 By Ravyn Cullor

The world has seen massive supply chain interruptions over the past few years, and Euromonitor says industries may be facing more challenges.

The business of Instagram: Creativity and community key to growth - execs

19-Sep-2022 By Kacey Culliney

Beauty businesses must focus on pushing creativity and building communities on Instagram to spur engagement and drive growth, according to executives of the platform.

Reaping rewards: Lancaster sees double-digit growth on the back of China expansion

14-Sep-2022 By Amanda Lim

American multinational Coty has reported double-digit growth globally for its skin care brand Lancaster thanks to its successful expansion in China.

‘Outpacing the plan’: Orbis U relaunch surpasses initial sales expectations – Japanese beauty giant

12-Sep-2022 By Amanda Lim

The relaunch of Orbis’ flagship U series has exceeded initial sales expectations and is expected to reach its first-year sales target of JPY2.5bn (USD17.6m), claims the firm.

Beauty industry ‘deeply saddened’ by death of Queen Elizabeth II

09-Sep-2022 By Kacey Culliney

Beauty brands and associations have expressed widespread sympathies following the death of Queen Elizabeth II, paying tributes to her decades of public service.

Dive deeper on The Honest Company announcement on moving into Chinese market with SuperOrdinary

07-Sep-2022 By Ravyn Cullor

The Honest Company announced it will move into the Chinese market with SuperOrdinary and it's a good time to learn more about the companies and the move the new market.

UpCircle seals €480,000 crowdfunding: We’re a ‘disruptor brand’ showing how upcycling in beauty can scale, says co-founder

07-Sep-2022 By Shane Starling

British circular beauty brand UpCircle recently raised close to half a million euros in crowdfunding that it will use for US production expansion, global product development and pushing ahead with its wider mission to make green and natural cosmetics...

‘Road to recovery’: Kosé Corp aims to tap into make-up recovery with high-prestige brands

06-Sep-2022 By Amanda Lim

Japanese cosmetics company Kosé Corporation intends to strengthen its line-up of make-up in the high-prestige beauty segment to capitalise on the post-pandemic make-up recovery.

‘Baby steps’: Nykaa set to take brand portfolio overseas to Mauritius, UAE, US

02-Sep-2022 By Amanda Lim

Indian cosmetics e-commerce company Nykaa is making “baby steps” onto the international stage by pushing its portfolio of beauty brands into markets including Mauritius, United Arab Emirates, US.

Recovery plan: Estée Lauder outlines six-month strategy to recoup market share loss in China

24-Aug-2022 By Amanda Lim

The Estée Lauder Companies has put in place a six-month plan to recover the market share it has lost in China due to the COVID-19 pandemic disruptions that occurred in the first half of 2022.

The Good Face Project raises $5.65 million for platform to streamline demand on R&D

23-Aug-2022 By Ravyn Cullor

With a new multimillion-dollar investment, startup The Good Face Project is hoping to change how cosmetics companies go about R&D.

How Because Intelligence wants to use automation to tame the wilds of eCommerce

19-Aug-2022 By Ravyn Cullor

Because Intelligence is a pandemic-born tech company using automation to optimize product pages so brands don’t have to do it by hand.

Learn about Black-owned beauty during Black-Owned Business Month

16-Aug-2022 By Ravyn Cullor

August is Black-owned business month, which means it's a great time to read up on Black-owned beauty businesses and how the broader beauty industry is supporting them.

‘As fast as possible’: Carbonwave targets Asia’s clean beauty market with upcycled seaweed emulsifier

16-Aug-2022 By Amanda Lim

Upcycled seaweed could soon be available as an emulsifier in the Asian beauty and personal care market, with one firm keen to tap into clean beauty interest ‘as fast as possible’.

Going on the offensive: Shiseido to invest over $75m in brand equity and employee training

15-Aug-2022 By Amanda Lim

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.

Staying put: L’Oréal confirms that Maybelline will continue to have offline presence in China - CEO

10-Aug-2022 By Amanda Lim

French beauty giant L’Oréal will not be stamping out Maybelline’s physical presence in China and migrating online completely, despite the strength of e-commerce and plans to close 14 standalone stores, its CEO has confirmed.

Weekend catch-up: Check out this week's most read articles on CosmeticsDesign

05-Aug-2022 By Ravyn Cullor

This week's most popular articles include insight on financing, the latest in formulation research and this season's trends.

Colgate-Palmolive H1 2022 net sales up despite profit dip: 'We will watch the consumer really closely,' says CEO

04-Aug-2022 By Kacey Culliney

Personal care giant Colgate-Palmolive has reported a net sales rise for the first half (H1) of 2022, with business especially strong in Latin America despite ongoing headwinds worldwide.

P&G FY2022 net profit up: ‘Still, we’re very clear-eyed about the trials ahead,’ says CEO

03-Aug-2022 By Kacey Culliney

Personal care giant Procter & Gamble (P&G) has reported a net profit rise for the full fiscal year 2022, though beauty and grooming dipped in the fourth quarter and challenges remain ahead, according to its CEO.

IN-DEPTH ON KANTAR'S 2022 BRAND FOOTPRINT

Top beauty and personal care brands 2022? Colgate, Lifebuoy, Dove and Sunsilk ‘most chosen’

03-Aug-2022 By Lynda Searby

Colgate, Lifebuoy, Dove and Sunsilk are the most chosen beauty and personal care brands in the world, but L’Oréal Paris is the ‘biggest online adopter’, according to Kantar Worldpanel’s 2022 Brand Footprint.

L’Oréal H1 2022 net profit surges 25%: We have performed ‘remarkably well’, says CEO

02-Aug-2022 By Kacey Culliney

International beauty major L’Oréal has reported strong sales growth for the first half (H1) of 2022, with much of business returning to or exceeding pre-pandemic levels and net profit surging.

CEO Q&A

“It's going to be a really difficult five years”: An expert take on the future of beauty financing

27-Jul-2022 By Ravyn Cullor

As economies around the world are struggling, a finance expert believes cosmetics companies will have a harder time securing funds.

Founder

Three ways the Beautyfluent app wants to change beauty advisor training

21-Jul-2022 By Ravyn Cullor

A new app brings brands and beauty advisors together in a digital space, hoping to solve retail problems for both.

Brick and mortar, DTC, metaverse, oh my! Learn about retail spaces with CosmeticsDesign

13-Jul-2022 By Ravyn Cullor

A consumer brand is worth nothing without somewhere to sell it. Learn more about today's retail spaces with CosmeticsDesign.

‘No signs of slowing down’: HIZ Body sees revenue double monthly for men’s skin care

06-Jul-2022 By Amanda Lim

Newly launched Australia-based men’s skin care brand HIZ Body says revenue has doubled month on month since March and plans to expand into new markets to capitalise on the growing demand for men’s skin care.

How brands can use creative commerce to generate DTC engagement

30-Jun-2022 By Ravyn Cullor

As tracking consumer movements online is becoming more challenging, creative commerce could be the secret to customer engagement.

Founder

Hawaii-based Project Reef founder on taking stand for marine health in SPF

29-Jun-2022 By Ravyn Cullor

As a ban on chemical UV filters goes into effect later this year in Maui a Hawaii-based sunscreen brand partnered with Four Seasons to start protecting reefs now.

Founder Q&A

Biotech start up Capra wants to use $1.8 million in funding to expand modular technology

28-Jun-2022 By Ravyn Cullor

Biotechnology company Capra is bringing a fermented retinol to the market, but the production process may mean more cost-effective biotech cosmetic ingredients.

Living Proof welcomes new chief sales officer Katie Glowski

23-Jun-2022 By Natasha Spencer-Jolliffe

Unilever's prestige hair care brand, Living Proof, makes a C-suite change by appointing Katie Glowski as Chief Sales Officer.

‘Moving fast’: Coty touts e-commerce as ‘strategic growth pillar’ for SEA fragrance ambitions

15-Jun-2022 By Amanda Lim

American multinational Coty Inc says e-commerce will be crucial in the South East Asian market as it aims to deliver “high double-digit growth” for its portfolio of fragrance brands.