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.
The travel retail channel is probably the ‘world’s best platform’ for brands to engage consumers and showcase their sustainability efforts, according to the head of travel retail for Rituals Cosmetics.
This month, the Dufry subsidiary announced plans for a new sort of travel retail shop that brings specialty brands and travel basics together in US airports, commuter hubs, and destinations.
At the end of August, the multinational beauty maker opened the Beauty Hub at the new LaGuardia Airport Terminal B Arrivals and Departures Hall in New York City.
Procter & Gamble (P&G) has reported a sales rise for its fiscal 2020 third quarter, buoyed by home and healthcare divisions, but net sales in beauty shrank due to a poor SK-II performance linked to travel retail closures.
L’Oréal’s EMEAI travel retail unit established numerous successful experiential campaigns in Dubai Duty Free this year, targeting and engaging Chinese passengers.
Fragrance makers big and small from Latin America, Asia, and the States were in the headlines on Cosmetics Design this month. Here are the highlights, including an Indie Beauty Profile of Georgia-based Othús Perfumery, 3 new fragrances from Shiseido,...
![The lack of Chinese shoppers in travel retail has hit the growth of luxury skin care brand SK-II. [SK-II]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2023/05/03/sk-ii-performance-hampered-by-sluggishness-in-travel-retail-p-g/16366262-4-eng-GB/SK-II-performance-hampered-by-sluggishness-in-travel-retail-P-G.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)
![Coty has reported double-digit growth globally for its skin care brand Lancaster thanks to its successful expansion in China. [Coty / Lancaster]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/lancaster-sees-double-digit-growth-on-the-back-of-china-expansion/15726270-1-eng-GB/Lancaster-sees-double-digit-growth-on-the-back-of-China-expansion.jpg)
![The travel retail channel is probably the ‘world’s best platform’ for brands to engage consumers and showcase their sustainability efforts, according to the head of travel retail for Rituals Cosmetics. [Rituals]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2022/06/07/travel-retail-is-amazing-platform-to-showcase-sustainability-journey-rituals/15413473-1-eng-GB/Travel-retail-is-amazing-platform-to-showcase-sustainability-journey-Rituals.jpg)
