Ultra Violette Secures US$15M Investment
Ultra Violette, an Australian sunscreen brand, has received a US$15 million investment from Aria Growth Partners.
SK-II sales hit as anti-Japanese sentiment builds in China
Procter & Gamble has revealed that its SK-II brand saw sales dive 34 percent in the three months to December 31, 2023. However, the US FMCG giant was quick to point out that its premium skin care brand has bounced back from a similar slump before and is expected to do so again.
Molton Brown opens Malaysia flagship
Kao has launched its Molton Brown brand onto the Malaysian market with the opening of a flagship store in the Exchange TRX Mall, Kuala Lumpur.
HUL Reports Quarterly Results Below Expectations
Hindustan Unilever (HUL), the Indian arm of Unilever, reported its quarterly results, which fell short of market expectations.
Coupang and LG Household & Health Care bury the hatchet
Coupang and LG Household & Health Care have reconciled after a five-year dispute over cancelled orders. LG H&H will sell its Elastin, Perioe, CNP, O’Hui and Sum 37˚ on the platform once more.
SaSa Q3: Sales soar 36.7 percent as recovery continues apace
SaSa International has announced its unaudited results for the third quarter of the current financial year. Sales hit a total of HK$1,182.2 million in the three months to December 31, 2023, up 36.7 percent yoy.
Huda Beauty hopes to conquer India with Myntra launch
Huda Beauty is hoping to capture the hearts of Indian shoppers, having made its debut on e-commerce platform Myntra. The platform will also offer Huda Beauty’s recently launched Wishful skin care line as well as Kayali fragrances.
USHOPAL Invests in DOCUMENTS Brand
USHOPAL GROUP, a Chinese luxury beauty and retail group, announced its lead investment in the high-end fragrance brand DOCUMENTS.
ColourPop Cosmetics makes India debut via exclusive deal with Nykaa
Californian make-up brand, ColourPop Cosmetics has launched onto the Indian market via Nykaa’s platforms. The Seed-beauty owned brand will be available on Nykaa’s platforms and in bricks and mortar stores.
Benefit backs away from Chinese e-commerce
Benefit is withdrawing from three of China’s biggest e-commerce platforms. The LVMH-owned brand will no longer be sold via Tmall, JD.com or Douyin but will continue to be stocked in Sephora stores nationwide.
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