Beauty industry

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.

Last year, Bain Capital announced deals worth more than US$10 billion in Japan.

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 has also had to wean itself from Chinese demand, which has significantly slowed down post-pandemic, along with overall economic growth.

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

On the back of government support, South Korea's medical tourism industry – especially for dermatological treatments and plastic surgery – is thriving.

Kim Kardashian is hot on Korean beauty concierges, so are Singaporeans

Such services are booming in South Korea’s lucrative medical aesthetics tourism industry

A survey of aesthetic plastic surgeons across 32 locations in the world found that almost 38 million aesthetic procedures were performed last year.
HEALTH & WELLNESS

A global shift towards facial surgery

Most face and head procedures show year-on-year growth globally, with a 4.3 per cent increase to over 7.4 million

The investment in Lan comes after L’Oreal paid US$62 million for a 6.67 per cent stake in Chando.

L'Oréal buys second Chinese skincare stake as C-Beauty brands snare market share

The move highlights how central China is to the company’s global strategy

The beauty company is offering a two-year floating-rate note, a five-year fixed-rate note and a long 10-year fixed-rate bond.

L’Oréal starts three-part euro bond sale for Kering Beauté deal

The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant

The Emerging Enterprise Award recognises startups and young businesses across Singapore and Asia by providing resources to boost their growth.
EMERGING ENTERPRISE AWARD 2025

Transforming everyday life through creativity and innovation

These Emerging Enterprise Awards finalists are using technology, design and creativity to reshape how people eat, live and connect

For Kering’s new chief executive officer Luca de Meo, the sale shores up the company's finances and provides some breathing room until he can get Gucci, his biggest brand, firing on all cylinders.

Kering buys time for Gucci’s revival with beauty unit sale

L’Oreal’s product innovation and marketing skills could help Gucci win over shoppers for cosmetics and fragrances