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An obsession with beauty and image continues to propel makeup sales in Brazil; direct selling or relationships with local shops and salons among the keys to success.
With the exception of Hong Kong, Organic Monitor reports that the Chinese market for naturals has declined, with markets such as India, Thailand and Singapore picking up momentum.
L'Oréal was granted a Chinese business license for Shanghai Episkin Biotechnology Ltd., the company it created to market the Asian version of its reconstructed skin model Episkin.
With a net revenue of 405 million Brazilian reals in 2013 and brands well accepted by Brazil's growing middle class, the Niely Cosmeticos Group expected to positively complement the L'Oréal products already offered in Brazil.
Rhône Capital also has advised Elizabeth Arden that, subject to market conditions and applicable legal or regulatory approvals, it intends to increase its ownership of the company’s common stock over time.
As image consciousness builds in men in India, they are seeking out more quality fragrance products—but they still are sensitive to price, as well.
Packaging suppliers TricorBraun and Vitro have expanded into India and Brazil, respectively, and Fusion Packaging, Aptar and Albée have collaborated on innovative new beauty pack launches.
See the Q4 and fiscal year end results for both The Estée Lauder Companies and Elizabeth Arden Inc., as well as results for Oriflame.
At the upcoming Sustainable Cosmetics Summit Asia-Pacific, beauty brands, suppliers and industry stakeholders will discuss the difficulties in going green with a beauty brand and the innovative ways they’ve come up with to solve these problems.
As India continues to gain prominence on the global beauty stage, markets such as hair care, skin care, natural/organic and men’s care are all seeing shifts there.