Beauty industry
BTS is South Korea’s biggest cultural catfish
When the band went on hiatus in 2022, K-pop lost an anchor and a catfish – a player that puts pressure on its peers, spurring them to compete and improve. Now they’re back
Estee Lauder in talks to buy Spain’s Puig to create beauty giant
Puig has also been undergoing big changes, recently announcing a new CEO
How a Vietnamese beauty startup landed a US$38 million exit
The Skinetiq deal with Marico marks a rare startup exit in Vietnam
At Perky Lash, new home-visit service set to power next phase of growth
The home-grown beauty salon chain will bring its eyelash extension treatment to clients’ homes or even their offices
Muji is turning simple skincare into its next growth engine
The push coincides with a shift in consumer behaviour
Aiming for the right blend: C-beauty’s challenge to K-beauty can’t be brushed off
Lower prices, rapid launches and a strong social media game support growth of Chinese cosmetic and skincare brands in S-E Asia
CVC to sell personal care business FineToday to Bain Capital in 200 billion yen deal: source
The sale comes a few months after FineToday’s second attempt to list on the Tokyo Stock Exchange failed in October
L'oreal to invest US$383 million in Indian beauty tech hub
[PARIS] French cosmetics giant L’oreal said on Wednesday (Jan 21) it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of US$383.4 million.
Bain makes binding FineToday bid, eyes Asia beauty market: sources
FineToday operates in 11 Asia markets, including South Korea and Singapore, with China its second-largest after Japan
Shiseido faces tough turnaround after costly cosmetics stumbles
The company has embraced a turnaround plan that involves drastic cost-cutting and a refocus on its luxury brands
