
China Beauty Market Targets 6 Percent Annual Expansion Through 2028
McKinsey data shows three quarters of cosmetics executives are pushing for revenue expansion even as consumer acquisition costs climb.
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McKinsey data shows three quarters of cosmetics executives are pushing for revenue expansion even as consumer acquisition costs climb.

Indonesian direct-to-consumer beauty brand Rose All Day Cosmetics will deploy the capital to expand distribution channels and product categories.

Physical store sales jump ninefold following a March rollout at Sephora, lifting Europe’s share of total company revenue to 17 per cent.

The century-old franchise accounts for 20 per cent of Weleda’s revenue and is adding targeted treatments across Asia-Pacific and Western markets.

Students from Asia took four of the six final spots in L’Oréal’s global innovation contest after pitching concepts to 400,000 entrants.

Local partner Yaichi operates the Mong Kok location under a Japan price-matching strategy for a planned 12-month run.

Fourth-quarter adjusted EBITDA fell 26 per cent to US$93.6 million as the beauty group withheld its 2027 financial guidance.

The Melbourne-based retailer added 13 brick-and-mortar locations across Australia in fiscal 2026 while building its loyalty base to 538,000 active members.

Underlying EBITDA dropped to $3.8 million after the retailer opened 13 stores and commissioned a new national distribution centre.

Proya Cosmetics, China’s largest beauty company, is partnering with Ulta Beauty to launch two product lines across 400 US stores and online. This move follows a strategic expansion into Malaysia, as Proya seeks growth beyond its competitive domestic market.

Chinese beauty brands are rapidly expanding their global footprint, driven by robust domestic growth and government backing. Leading companies like Proya, Florasis, Judydoll, and Yatsen Holding are targeting key markets in the US, Japan, and Southeast Asia,…

The K-beauty retail landscape in South Korea is experiencing significant changes, moving beyond traditional discounts to incorporate new sales channels like pharmacies. This evolution reflects a dynamic shift in how beauty products are sold and consumed in…

As the conflict in Iran intensifies, both consumers and businesses across Asia are bracing for a potential crisis. The war is causing a squeeze in oil and plastics supplies, leading to an increase in prices on a broad range of products, from ramen noodles to…

Hyundai Duty Free recently announced the launch of an artificial intelligence (AI) powered beauty analysis zone at its Trade Centre location in Seoul, South Korea. The innovative space, known as ‘AI Beauty Trip’, offers customers unique, personalized skincare…

Kao Corporation, a Tokyo-based company specializing in chemicals and cosmetics, has recently revealed plans to revamp its cosmetics business. The strategy will focus on the growth and expansion of its six core brands. The New Strategy Kao’s primary goal is to…

In a bold move that underscores its commitment to innovation, Kolmar Korea is cementing its foothold in the global skincare arena by harnessing the power of traditional Korean ingredients. The rising tide of consumer interest in natural, ingredient-centric…
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