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2 months ago | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
Unilever’s Indian subsidiary confirmed it has entered into a definitive agreement to acquire local skin care brand Minimalist during its latest financial conference on January 22. “This marks another step in the transformation journey of our portfolio towards higher growth demand spaces,” said Ritesh Tiwari, Chief Financial Officer, HUL.
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Jan 22, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
Moving forward, the group said it would prioritise its digital presence by investing in social media promotions and influencer collaborations to boost brand awareness and credibility. The goal is to integrate online and offline channels to deliver a seamless online-merge-offline (OMO) shopping experience. As part of its objectives, the retailer launched an upgraded membership mobile application in September 2024 for China, Hong Kong, and Macau.
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Jan 21, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Cassandra Stern |Lucas Meyer Cosmetics
In the skin, glycation occurs when sugar molecules bind to proteins like collagen and form AGEs.Overtime, AGEs accumulate in the tissues and are a major contributor to skin ageing. Signs of glycation include skin wrinkles, loss of elasticity, and skin sallowness. Sugar may not be as widely recognised as a trigger for ageing compared to sun exposure or pollution.
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Jan 21, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
The Japanese beauty major announced that it had acquired a 10% stake in Indian skin care company Foxtale on January 15. “We are very pleased to have concluded a capital and strategic alliance with Foxtail, a company experiencing remarkable growth in the premium mass skincare market, in the memorable 10th anniversary year of our entry into India,” said Kazutoshi Kobayashi, president and CEO of Kosé.
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Jan 17, 2025 | 
cosmeticsdesign-asia.com | Kirsty Doolan |Lucas Meyer Cosmetics
In a joint press statement, the duo said this move will “facilitate its use of sustainable raw materials for energy and material waste reductions.”Via the partnership, L’Oréal plans to develop a custom AI foundation model that will help its R&D teams reach new levels of innovation in every cosmetic category. Foundation models are a type of AI model trained on a broad set of unlabelled data that can perform tasks and apply information from one situation to another.
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Jan 17, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
The pursuit of a youthful, plump complexion is timeless, ensuring a constant demand for hydrating products. This demand has been amplified by extreme weather patterns—be it harsh cold or sweltering heat—can leave skin dehydrated and in need of replenishment. Beauty consumers are increasingly seeking products that not only provide moisture but also enhance skin’s texture, elasticity, and more for overall radiance.
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Jan 15, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
The South Korean consumer goods company has been prioritising its business in North America and has been working to expand its influence in the market with three brands – The Face Shop, Belif, and CNP Laboratories. In her New Year’s address dated January 2, chief executive Lee Jung-ae reinforced the firm’s commitment to North America, highlighting the success it had in 2024. Lee said this year would focus on “restructuring” and “rebalancing” the business.
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Jan 15, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
Last December, LG Household & Health Care (LG H&H) brand O’HUI announced price increases ranging from 1,000KRW (USD0.69) to 5,000KRW (USD3.45) in the new year. The company also announced price increases for Beyond, ranging from KRW500 (USD0.34) to KRW2,000 (USD1.37). K-beauty brands Missha and A’pieu from Able C&C and Etude from Amorepacific similarly announced that it would be increasing prices for its brands in 2025 as well.
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Jan 15, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
Nail Deck says that personalisation is seldom profitable, but brands will still need to keep up with the trend as it increasingly gains traction. For nearly a decade, Daryl Chew, founder of Nail Deck, has been trying to push the personalisation concept through a diverse range of customisable colours and finishes, but it was not until the last two years that he started to observe greater uptake.
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Jan 14, 2025 | 
cosmeticsdesign-asia.com | Amanda Lim |Lucas Meyer Cosmetics
The Ministry of Food and Drug Safety (MFDS) confirmed that K-beauty exports surpassed the USD10bn milestone for the first time in 2024. “I deeply appreciate the industry’s efforts in achieving a record-high export value of USD10 billion, despite the increasingly stringent global regulations on cosmetics,” said Oh Yu-kyoung, MFDS Commissioner. According to the report, 2024 cosmetic exports increased by 20.6% year on year to USD10.2bn from USD8.46bn in 2023.
