Environmental, social, and governance (ESG) considerations have emerged as a central focus for China's beauty brands, reflecting a notable shift among consumers towards sustainability priorities, says Cargill.
Estée Lauder will introduce new products developed by a local team especially for its Chinese consumers in the fourth quarter (Q4) this year as part of efforts to accelerate innovation.
Well-known skin care ingredients such as collagen, niacinamide and probiotics are increasingly found among Asian oral care brands as the category undergoes skinification.
China’s beauty market is experiencing significant industry shift with the mass beauty market accelerating ahead of the luxury segment in the first quarter (Q1), says L’Oréal’s chief executive.
As it prepares to launch onto the Spanish stock exchange, the Barcelona-based company with a 110-year legacy has also rebranded its visual identity. Its CEO explained why.