Cosmetics: When East meets West
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Cosmetics: When East meets West
Our objective is to identify the potential influence and interactions between Asia and the West in the cosmetic industry.
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Could taurine be the key to energised personal care?

Could taurine be the key to energised personal care? | Cosmetics: When East meets West | Scoop.it
Energised toothpaste, shampoo and skin care could be the next big thing for personal care consumers in the UK, as a new market report pinpoints consumers’ search for something new as a morning booster.
C. Baillion & G. Bauer's insight:

According to a market research carried out by Canadean, "When asked if consumers are interested in a toothpaste or mouthwash with taurine designed to give them an energy boost, 29% of consumers indicated their interest with over two thirds claiming they would be willing to use such products once a day or more".

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Vive la France: Korean consumers show enthusiasm for French cosmetics

Vive la France: Korean consumers show enthusiasm for French cosmetics | Cosmetics: When East meets West | Scoop.it
It’s not baguettes but beauty wands: the recent launch of Eisenberg Paris in South Korea confirms that beauty is being fuelled by consumer enthusiasm for France within the Asian country.
C. Baillion & G. Bauer's insight:

The continued success of Korean Amore Pacific's popular brands Laneige and Etude has shown Korean consumers have passion for all things French when it comes beauty, with the company says it has seen skincare sales surging by 75% so far this year.

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Colour cosmetics adoption rates soaring in India

Colour cosmetics adoption rates soaring in India | Cosmetics: When East meets West | Scoop.it
A report from cosmetics giant L’Oreal observes that the consumer enthusiasm for colour cosmetics in India is rising sharply, with the growth of mascara’s penetration from 17% in 2004 to 60%  in 2013 one of the key increases highlighted. 
C. Baillion & G. Bauer's insight:

"Influence of the Western world, the increasing working population and growing consciousness about looks and appearance are driving the growth in these segments."

In light of the soaring popularity of colour cosmetics, the segment is becoming increasingly competitive.

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Could new law make celebrities cautious with brand endorsement in China?

Could new law make celebrities cautious with brand endorsement in China? | Cosmetics: When East meets West | Scoop.it
Though globally the rise of celebrity brand ambassadors is proving a key trend for beauty brands, China’s recently implemented ‘Revised Consumer Rights Protection Law’ means that in the key emerging region, celebrities are now liable for the claims made by any product they endorse.
C. Baillion & G. Bauer's insight:

This situation leaves the celebrities which endorse the products open to claims made by any dissatisfied consumers.

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Canadean recommends tailoring packaging to Indonesian young consumers - Packaging Buzz

Canadean recommends tailoring packaging to Indonesian young consumers - Packaging Buzz | Cosmetics: When East meets West | Scoop.it
Packaging Buzz Canadean recommends tailoring packaging to Indonesian young consumers Packaging Buzz As spending increases in the food, cosmetics, and personal hygiene sectors; the quality and presentation of the packaging should be faultless with...
C. Baillion & G. Bauer's insight:

Young consumers are more easily influenced by look and design. As spending increases in the food, cosmetics, and personal hygiene sectors; the quality and presentation of the packaging should be faultless with clean-cut graphics and fonts.

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China considers end to mandatory animal testing on cosmetics

China considers end to mandatory animal testing on cosmetics | Cosmetics: When East meets West | Scoop.it
Cosmetic companies and animal rights groups have welcomed a proposal by China to allow sales of some cosmetics without requiring them to be tested on animals.
C. Baillion & G. Bauer's insight:

China would gradually ease regulations on animal testing, which would allow more international firms opposed to animal testing to enter China's 134 billion yuan ($22 billion) cosmetics market.

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Sustainable Cosmetics Summit: How to Change Consumer Behaviour for ... - WorldPressOnline (press release)

Sustainable Cosmetics Summit: How to Change Consumer Behaviour for ... - WorldPressOnline (press release) | Cosmetics: When East meets West | Scoop.it

"Consumer behaviour needs to change for sustainability: this was one of the key messages from the European and Asia-Pacific editions of the Sustainable Cosmetics Summit (www.sustainablecosmeticssummit.com). Over 150 senior executives convened at each edition in Paris and Hong Kong to discuss key sustainability issues affecting the cosmetics industry..."


Via Leona Ungerer
C. Baillion & G. Bauer's insight:

Key message from the Sustainable Cosmetics Summit for Asia: 

Although operators are implementing a raft of sustainability initiatives, consumer education and recognition of such remains low:


-Airport lounges are the ideal platform to educate consumers on such products because of the growing middle-classes and increase in travel time


-Over 70% of Chinese and Korean consumers state they are aware of such issues, however awareness was not translating into demand. 

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Male grooming emerges as fast growing segment - Livemint

Male grooming emerges as fast growing segment - Livemint | Cosmetics: When East meets West | Scoop.it
Livemint
Male grooming emerges as fast growing segment
Livemint
Even in Asia, women account for 83% of the overall fragrance market and men account for just 17%, according to a 2012 study by L'Oreal.
C. Baillion & G. Bauer's insight:

"Men in India really spend time and money for grooming. They are also brand conscious and spend money on the latest launches as they well versed with the trends due to the Internet and their travel overseas"

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Shu Uemura teams up with Mika Ninagawa

Shu Uemura teams up with Mika Ninagawa | Cosmetics: When East meets West | Scoop.it
Shu Uemura has taken on the vibrant colors of Mika Ninagawa's photographs in a new Summer 2014 makeup collection.
C. Baillion & G. Bauer's insight:

The makeup line includes two spiral eyeshadow duos ($50), two lip and cheek tints ($39), a pressed powder compact in a limited edition case ( $68), multi-colored false eyelashes with rhinestone stars ($33) and nail stickers ($18).

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Luxury beauty on the up in Thailand

Luxury beauty on the up in Thailand | Cosmetics: When East meets West | Scoop.it
New statistics from the country’s finance ministry reveal that the luxury goods market in Thailand is proving increasingly robust, suggesting the country is succeeding in its aim to offer an attractive option for tourist consumers.
C. Baillion & G. Bauer's insight:

Thailand's beauty industry is fueled by a strong economy and increasingly sophisticated consumers, including the men's market which is proving to be particularly lucrative.

The country's imports of Perfume & Cosmetics products are valued at 598.7 Mn (+35.6% y-o-y).

 

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Dr. Wu annonce un partenariat avec LVMH (Vidéo)

LV醫見鍾情DR.WU (TVBS)
C. Baillion & G. Bauer's insight:

Dr. Wu, la première marque de beauté médicale de Taiwan, a récemment annoncé un partenariat stratégique avec L Capital Asia (un fonds sponsorisé par le Groupe Arnault et LVMH) qui va investir 750 millions de dollars taiwanais dans cette entreprise.

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Scientists working on nail polish that detects date-rape drugs

Scientists working on nail polish that detects date-rape drugs | Cosmetics: When East meets West | Scoop.it
North Carolina State University is attempting to produce a nail polish that will reveal the presence of Rohypnol and GHB in a drink by changing colour.
C. Baillion & G. Bauer's insight:

The four undergraduate students personally know someone who was sexually assaulted and describe their start up as the "First Fashion Company Empowering Women To Prevent Sexual Assault"

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Digital a ‘necessary platform’ for beauty brands in India

Digital a ‘necessary platform’ for beauty brands in India | Cosmetics: When East meets West | Scoop.it
Digital has been called up as an essential tool for the marketing of beauty brands in India, with the CEO of one of the region’s key players in marketing, VML Qais, recently stating that a strong online presence is key for the industry.
C. Baillion & G. Bauer's insight:

While China leads the World for mobile purchases, it is closely followed by India, according a new PwC survey, with 69% of respondents saying they shop online.

There's room for beauty brands to better leverage this though; less than a quarter of respondents to a Nielsen market survey said they were intending to buy cosmetics online in the next six months.

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Sephora to focus on male consumers in Australia expansion

Sephora to focus on male consumers in Australia expansion | Cosmetics: When East meets West | Scoop.it
During its upcoming expansion into Australia, international beauty brand Sephora will focus on young and male consumers, the brand has said.
C. Baillion & G. Bauer's insight:

The retailer is expected to launch in Australia at the end of this year.

The brand hopes that sales will reach $225 mn to $250 mn and market share to reach double-digit levels by 2019.

The launch of such a major retail player onto a previously fairly uncompetitive landscape will make responding to such consumer demands a high priority.

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Coty eyes further expansion in China market with distribution agreement

Coty eyes further expansion in China market with distribution agreement | Cosmetics: When East meets West | Scoop.it
Fragrance and cosmetics player Coty has announced a distribution agreement in China with Li & Fung that aims to expand the reach for its popular branded products in the country.
C. Baillion & G. Bauer's insight:

Through this partnership, Coty expects Li & Fung to accelerate the expansion of some of its international brands in the mass channel.

Li & Fung provides its expertise to Coty in various areas of the supply chain and is uniquely placed to give Coty's power brands access to the Chinese consumer.

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Asia-Pacific Cosmeceuticals Industry Forecast to 2017 - Medicated Cosmetics Present Bright Prospects

Asia-Pacific Cosmeceuticals Industry Forecast to 2017 - Medicated Cosmetics Present Bright Prospects | Cosmetics: When East meets West | Scoop.it
NEW YORK, March 31, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Asia-Pacific Cosmeceuticals Industry Forecast to 2017 - Medicated Cosmetics ...
C. Baillion & G. Bauer's insight:

The term cosmeceutical is still new in the market and spreading its reach very rapidly.

 

The cosmeceuticals market proposes huge potential among major Asia Pacific countries including Japan, China and India. In the cosmeceuticals market in Asia-Pacific region, Japan contributed the major share of 40.0% in 2012, followed by China.

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Shiseido Awarded World's Most Ethical Companies Designation Three Years in ... - Wall Street Journal

Shiseido Awarded World's Most Ethical Companies Designation Three Years in ... - Wall Street Journal | Cosmetics: When East meets West | Scoop.it
Shiseido Awarded World's Most Ethical Companies Designation Three Years in ...
C. Baillion & G. Bauer's insight:

Shiseido has been awarded "World's Most Ethical Company" by Ethisphere Institute after a research conducted on approximately 1,000 companies from over 100 countries worldwide.

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Expert reveals the power of TV in Korean beauty buying

Expert reveals the power of TV in Korean beauty buying | Cosmetics: When East meets West | Scoop.it
In this month's Asia in Focus, a series that hones in on the segments offering the most opportunities for the industry right now, we look at the power of Korean TV when it comes to influencing makeup trends and purchasing behaviour.
C. Baillion & G. Bauer's insight:

In Korea, the influence of TV is a force to be reckoned with. International brands have already benefited from it:

the TV Drama "My Love From Another Star" created such a high demand for YSL Lipstick Rouge Pur Couture that there was a shortage in countless markets settings and is now going for double the retail price.

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Tarte Cosmetics criticised after acquisition by animal testing Kosé

Tarte Cosmetics criticised after acquisition by animal testing Kosé | Cosmetics: When East meets West | Scoop.it
Tarte Cosmetics has traditionally marketed itself as an environmentally conscious cosmetics company that does not test on animals, a reputation that has come under scrutiny following its recent acquisition.
C. Baillion & G. Bauer's insight:

Upon hearing about the acquisition, a significant number of Tarte customers took the company's Facebook page to express their unhapiness with the new business arrangement, with many stating they would no longer buy the products.

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Asian make-up trends 2014 with Hisano KOMINE

Asian make-up trends 2014 with Hisano KOMINE | Cosmetics: When East meets West | Scoop.it
Overall we will see that the make-up style is going to be simpler and healthier all over the world. Foundation is going to become lighter, reflecting a more individual beauty. For the spring and summer season this lightness is very important for make-up
C. Baillion & G. Bauer's insight:

According to Hisano Komine, the make-up trend for Spring Summer 2014 in 2 main themes:

"Natural Modern Organic Style" which gives a fresh impression, a feeling of bare skin"Powerful color arty make-up" witch emphasizes vivid lip color and eyeliner.

 

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Premium Beauty News - Kosé se développe à l’international avec l’acquisition de Tarte

Premium Beauty News - Kosé se développe à l’international avec l’acquisition de Tarte | Cosmetics: When East meets West | Scoop.it
Tout comme les autres leaders japonais des cosmétiques, Kosé recherche des relais de croissance hors d'un l'archipel nippon à la population (...)
C. Baillion & G. Bauer's insight:

Avec cette acquisition, Kosé prévoit de renforcer sa situation en Amérique du nord tout en poursuivant son développement international et sa conquête de nouveaux circuits et de nouveaux consommateurs.

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