China’s large and rapidly growing cosmetics market continues to attract South Korean cosmetics companies. The popularity of Korean cosmetics as a duty free purchase among Chinese tourists visiting Korea, the popularity of Korean popular culture and the presence of Korean brands already in China all help in creating new opportunities for Korean beauty players.
Coreana to move into China
The South Korean cosmetics company is looking to manufacture and distribute brands in China
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Terrible teens: Why beauty brands founded in the 2010s are struggling
Read moreA cohort of beauty brands that dominated in the 2010s are entering their tricky teen years. With growing competition and a much changed beauty landscape, can they become relevant again?
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Manufacturing
L’Oréal invests €60 million in Gauchy plant due to ‘strong growth’ in its perfume business
The beauty giant said it is reaffirming ‘the importance of its socio-economic footprint in France’ with this new investment in the plant, which manufactures fragrances for brands in its Luxe Division
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Skin Care
How Shiseido plans to bring Drunk Elephant back from the brink
Amid lagging sales and dealing with the aftermath of the ‘Sephora kids’ drama in 2024, Shiseido is not giving up on Drunk Elephant. With a new turnaround strategy already in play, is this enough to save the once mighty skin care business?