Asia / Pacific
APAC demand for prestige beauty products rises, finds GlobalData
The premiumization trend is reshaping the preferences of consumers in the Asia-Pacific (APAC) region, according to GlobalData. Premium...
in-cosmetics Asia Innovation Zone Best Ingredient Awards shortlist announced
The shortlist for the 2024 in-cosmetics Asia Awards has been revealed following a record number of entries this year. Winners will be...
Value of India’s luxury beauty market to double over the next four years
The size of the Indian luxury beauty market is expected to almost double over the next four years and to quadruple by 2035 to reach USD...
China’s stimulus plan boosts the luxury industry’s confidence
The series of stimulus measures announced this week by Beijing is blowing a wind of optimism for global growth, of which China is a...
Berlin Packaging expands to Japan with the acquisition of Nissho Jitsugyo
Berlin Packaging has announced the acquisition of Nissho Jitsugyo (“Nissho”), a leading supplier of packaging products and services to...
Australia: Sephora reopens its Melbourne flagship store
The prestige beauty retailer is celebrating 10th years in Australia with the reopening of its Melbourne Central flagship store, the...
Amorepacific’s Hera accelerates global expansion with Thailand launch
Hera opened its first store in Thailand on August 8th at Central Chidlom, a prominent department store in one of Bangkok’s key shopping...
Indian beauty retailer Nykaa doubles down on fragrance to accelerate growth
Nykaa, which has just crossed the 200 physical stores mark in India, is continuing its rapid expansion. The multi-channel retailer...
Lubrizol opens new research hub for beauty products in Shanghai, China
The global specialty chemistry supplier has officially opened its Beauty Research Institute in Shanghai, China. The site will serve as a...
Sephora to cut jobs in China, as market slowdown deepens
In a challenging Chinese market where demand has fallen, the beauty retailer is downsizing its workforce. According to the subsidiary of...
