Beauty industry
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
DFI Retail’s Mannings joins retail exodus after two decades in mainland China
Mannings is also known as Guardian in South-east Asia
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 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
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
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