News & Analysis on Cosmetics Innovation
L’Oreal USA is set to relocate its Chicago-based institute for research into ethnic hair and skin to the company’s ‘innovation hub’ in New Jersey, in a move which confirms the rise of the demand for multicultural beauty in the US.
The latest market research confirms the cosmeceuticals segment is continuing with robust growth, and Sephora is one retailer responding, recently launching a new range of beauty supplements alongside its more traditional cosmetics offering.
Avon continues its company restructuring by announcing that it will axe another 600 jobs as it looks to cut costs.
Asia in Focus
This month we are highlighting the opportunities for brands in the skin care cleansing arena. Here, our expert, Florence Bernardin reveals Japan to be the most lucrative market due to its traditionally long and refined beauty routine.