L’Oréal has signed a deal to acquire the Australian luxury beauty brand Aesop from Natura & Co, the Brazilian cosmetics group which owns Avon International, Natura, and The Body Shop.…
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How global beauty companies are investing in Asia
According to Euromonitor International, the world beauty and personal care market size will grow to USD 547 billion in 2027. Asia Pacific is the key driver of this growth, accounting for 67 percent of…
L’Oréal North Asia sees double-digit growth in 2022
French cosmetic giant L’Oréal announced a double-digit uptick in total revenues for the year 2022, coinciding with strong fourth-quarter growth, up 13.5 percent for the three months ending Decem…
LVMH, Shiseido, L’Oreal seek stake in Australia’s Aesop
Beauty giants Shiseido and L’Oreal, as well as luxury behemoth LVMH, are reportedly in the running for stake in the high-end cosmetic brand, Aesop, that could value the Australian brand at USD 2…
L’Oréal Group opens 19 boutiques inside cdf Haikou International Duty Free Shopping Complex
L’Oréal Travel Retail Asia Pacific has partnered with China Duty Free Group (CDFG) to open 19 new boutiques at the cdf Haikou International Duty Free Shopping Complex in Hainan. SEE […]…
EXCLUSIVE INTERVIEW with L’Oréal North Asia & China Chief Marketing Officer
L’Oréal has hosted its first-ever North Asia Beauty Industry Innovation Summit focusing on the future of beauty empowered by technology and innovation through co- creation in China, Japan and Korea. …
The Fragrance Edit: Chapter VIII –Revamping Digital Engagement in Fragrances
Fragrances, a highly sensorial category, was one of the winning beauty and personal care categories of the Covid-19 pandemic. The post-2020 resilience of fragrances was achievable thanks to its abilit…
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.…
How are Western brands adapting to product localisation in China
China’s transformation away from its ‘copycat’ reputation to a leader of global innovation has been a popular theme in the media in recent years. …
L’Oréal Group invests in Chinese perfume brand Documents
China’s fragrance market has long been dominated by international brands such as Chanel and Dior. As young consumers become more interested in domestic brands and unique scents, niche Chinese fragranc…