China’s Florasis (Hua Xizi), an emerging makeup brand, has opened its first offline flagship store by the West Lake in Hangzhou. The 1,000-square-metre store embodies the philosophy of traditional eas…
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Silverwood acquires minority stake in Lush for GBP 216.8 million
Through a GBP 216.8 million deal, Silverwood has acquired a 19.8 percent stake in Lush Cosmetics, further expanding its consumer business. SEE ALSO: Asics acquires France’s Njuko Silverwood has entere…
Australia make-up market to grow by 4.6 percent CAGR through 2026
The Australian make-up market is set to register a compound annual growth rate (CAGR) of 4.6 percent during 2021-26, as the country lifts its Covid-19 pandemic control measures and consumers […]…
Nykaa Q2 sales up during India’s festive season
Indian beauty retailer Nykaa reported stellar sales during the festive season, due in large part to the country’s festive climate. Compared to the second quarter of 2021, the omnichannel retailer incr…
Estee Lauder APAC sales down 15 percent
U.S. cosmetics giant Estee Lauder Companies announced on November 2 revenues for the first quarter totalled USD 3.93 billion, a decline of 11 percent from USD 4.39 billion in the prior-year period, co…
L’Oréal North Asia revenues up 11 percent in Q3
Global beauty giant L’Oréal announced on October 20 that total revenues for its recently ended third quarter came in at 9.58 billion euros (USD 9.36), up 19.7 percent.…
Kate Moss launches cosmetics brand Cosmoss
Beauty & wellness brand Cosmoss will officially be launched on September 1, marking Kate Moss’ move into the increasingly crowded celebrity health & beauty industry, alongside Gwyneth Paltro…
LANCÔME launches its first beauty tech flagship in Southeast Asia
Lancôme announces the launch of its first Beauty Tech Flagship in Southeast Asia. In celebration of the 13th year since the launch of the Lancôme Advanced Génifique, the brand spotlights the anti-agin…
Rituals Cosmetics receives B Corp Certification
Earlier this year, luxury beauty brand Rituals Cosmetics announced that it has become a certified B Corporation. The certification marks a new chapter in the brand’s transformation towards a more purp…
Celebrating Earth Day with an EXCLUSIVE INTERVIEW with Melvita Global GM
To celebrate Earth Day, Retail in Asia had the pleasure to interview Nathaëlle Davoust, Melvita’s Global GM. Together we discussed the organic beauty brand development in Asia Pacific, greenwashing, t…