News & Analysis on Cosmetics Innovation
Coty has announced plans to expand its manufacturing facility in Lee County, North Carolina, which will include the consolidation and transfer of a nail polish facility in Hollywood, California.
L’Oréal’s color cosmetics brand NYX Professional Makeup just opened a digitally enhanced flagship store in California’s Silicon Valley. It’s the start of a new retail strategy for NYX and part of an industry wide movement.
The Nestlé Skin Health division is building on to its existing North American manufacturing plant, boosting production capacity and increasing employment at the site by more than 20%.
Five leading listed cosmetic companies in Korea are predicted to register a year-on-year growth rate of 16.8%, as the global enthusiasm for k-beauty continues to surge.
Fragrance player Inter Parfums has announced that its fourth quarter results were down on the back of negative currency translations during a period when it usually has its strongest sales.