The Chinese market is fast expanding, and skincare has accounted for 80% of travel retail sales in this market since the beginning of the year. Parfums Christian Dior World of Pure Beauty pop-up reinvents travel retail in Hainan, China. To surmount the unprecedented crisis that hit travel retail with the Covid-19 pandemic, Parfums Christian … Read more
L’Oréal premiered world’s first sustainable packaging from carbon. L’Oréal, LanzaTech, and Total Announce a Worldwide Premiere: the Production of the First Cosmetic Plastic Bottle Made From Industrial Carbon Emissions. This world first paves the way for new opportunities for the capture and re- use of industrial carbon emissions. LanzaTech, Total and L’Oréal have … Read more
Social media smarts and a sense of humour are highly profitable for a new breed of ‘skinfluencer’
No longer a luxury sector of spas, yoga and detox diets, the global wellness economy is worth US$4.5 trillion and is growing twice as fast as the rest of the economy. Consumers expect every brand to contribute to their wellness. And 59% agree it’s worth paying more for wellness options. Ogilvy surveyed 7,000 consumers … Read more
Globally, the aging population plays a pivotal role in the growth of the anti-aging beauty market. Report. The global anti-aging market generated revenue of $191.5 billion in 2019, and it is expected to progress with a CAGR of 8.1% during the forecast period (2020–2030). As per the 2019 World Population Ageing report by the … Read more
