News
Kolmar Korea speeds up North America expansion with plans for second US plant
Industry buzz
Kolmar Korea plans to build its second U.S. plant early next year. To this end, the cosmetics manufacturer has appointed a new head for...
Sephora to cut jobs in China, as market slowdown deepens
Industry buzz
In a challenging Chinese market where demand has fallen, the beauty retailer is downsizing its workforce. According to the subsidiary of...
US prestige beauty sales grow by 8% in the first half, driven by fragrances
Markets & trends
The U.S. prestige beauty market achieved USD 15.3 billion in sales, in the first half of 2024, growing by 8% compared to the same period...
Coty’s annual sales surge but profits crumble
Industry buzz
The New York-headquartered cosmetics and perfume group announced on August 20 a 10% increase in sales for its staggered 2023/2024...
’Heat stroke makeup’ is the new trend making TikTok blush
Markets & trends
Many of us have long tried to camouflage or hide the marks left by the sun tracing the outline of your swimsuit or T-shirt after a summer...
IBG’s Brand Incubator partners with Family Dollar for new haircare line
Industry buzz
Available in Family Dollar stores, the new Crown Hair Society haircare series aims to offer luxury haircare products at affordable...
PCHi Technology Summit to open doors from 21-22 August 2024 in Guangzhou
Industry buzz
The PCHi Technology Summit 2024 will be held from 21-22 August at the Guangzhou Yuexiu International Convention Center in China. Keeping...
President & CEO Fabrizio Freda to retire from the Estée Lauder Companies
Industry buzz
Fabrizio Freda, the long-term President and CEO of the Estée Lauder Companies (ELC), has announced his intention to retire at the end of...
Do I need it? ’Underconsumption core’ trends on TikTok
Markets & trends
Exhausted from a rising cost of living in the United States and non-stop ads, some young adults on TikTok are pushing back. Dubbed...
Avon Products, Inc. files for Chapter 11 bankruptcy protection
Industry buzz
Avon Products Inc. (API) has filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court of the District of Delaware, has...
