Cosmetics 2019-10-10T12:31:31+00:00

How China is fueling the growth of beauty brands and boosting luxury players

China has quickly gained on the United States in beauty sales, and is set to overtake it by 2023.

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L’Occitane profit soars after restructure

Hong Kong-listed beauty-products retailer L’Occitane is reaping the benefits of a restructure with profit up 21.8 percent last financial year to €117.6 million.

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L’Oréal Paris chooses Thailand for its biggest flagship store worldwide

L’Oréal Paris revamps its store at the Bangkok King Power Downtown II Srivaree, making it its first flagship store in Travel Retail Worldwide.

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L’Oréal Generates 120M Social Media Interactions with Haitang Bay Pop-up Launch

L’Oréal Paris has generated over 120 million interactions on Chinese social media since launching a striking pop-up at China Duty-Free Group’s (CDFG) Haitang Bay Sanya International Duty-Free Shopping Complex.

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Grand Mixc in Hengqin adds luxury beauty element

Global trader Hengqin Grand Mixc signed a 20,000-sq-m Beauty Park contract with Asia Beauty Group Holding Co Ltd on Sept 27 to provide one-stop fashion-leading cosmetic services to female consumers.

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Asia contributed 56% of the world’s premium skin care value

As of 2016, Asia contributed 56% of the world’s premium skin care value sales, reaching US$23 billion. Despite the bleak economy and discouraged consumer confidence in top sales markets Japan and South Korea, the overall region witnessed a healthy growth of 6% year-on-year, thanks to the rising income in developing markets and increasing female spending power derived from women’s extended career life.

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Demand for beauty products, particularly facial cosmetics, is booming in China. What is driving this boom?

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