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Another Anti-aging Ingredient “Lumifence” is Born!

Previously dominated by foreign capital, the efficacy ingredients have seen the emergence of domestic brands in recent years. Exclusive patent ingredients are no longer limited to international brands, and an increasing number of brands are using their own “Chinese ingredients” developed through independent research and development to create their own “signature features.” One representative of …

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These Chinese Color Cosmetic Brands Have “Resurrected”

In recent years, the cosmetics market has been hit hard, with numerous cosmetics brands withdrawing or closing down. Not long ago, the discontinued cosmetics brand Moonway announced its revival, and the brand has already started pre-sales on Douyin (Chinese version of TikTok). At the same time, it has come to the attention of CHAILEEDO that other …

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Avon Changes Hands

On November 30th, Natura&Co announced that the current Global Chief Marketing Officer and General Manager for Western Europe, Kristof Neirynck, will succeed Angela Cretu as the new Chief Executive Officer of Avon. The appointment will take effect from January 1st, 2024. Natura&Co stated that under Angela’s leadership, Avon has successfully turned around its losses and …

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Hong Kong’s Retail Sales of RMB 33.8Bn, Up 6% in October

On November 30th, the Hong Kong government’s Census and Statistics Department released data showing that the provisional estimate of total sales value in the retail industry for October 2023 was 33.8 billion yuan ($4.74 billion), a year-on-year increase of 5.6%. The revised estimate of total sales value for September 2023 showed a 13.0% increase compared …

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Entering Europe, Chinese Beauty Device Brand Ulike Competes in the Hundreds of Billions Market

The Chinese beauty device brand Ulike is set to enter the European market. Ulike recently opened a new office in Paris and has begun recruiting a management team. Data Bridge Market Research shows that the global beauty device market is expected to exceed $100 billion by 2030, reaching $176.39 billion. As a leading brand in the …

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Wanxiang Technology Restarts IPO After Termination Due to Bribery

Fragrance and flavoring companies continue to surge in the IPO, continuing to sweep the Chinese domestic market. Recently, HAC Bio has made new progress in its IPO, while on the other hand, Wanxiang Technology Group Co., Ltd. (referred to as “Wanxiang Technology”) has restarted its IPO. However, on July 14, 2022, one day before the hearing, Wanxiang Technology’s …

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Johnson & Johnson Subsidiary Kenvue Accelerates Localization in China Investing RMB 110M

On November 29th, Johnson & Johnson subsidiary Kenvue announced an investment of 110 million yuan ($15.45 million) in China to expand its production capacity and upgrade manufacturing facilities in the Chinese market. Thibaut Mongon, the Global CEO of Kenvue, stated, “Currently, more and more people are actively seeking scientifically effective health solutions, which provides opportunities …

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L’Oréal Recalls Mizani Conditioner Over Contamination Concerns

L’Oréal USA has taken the voluntary decision to recall a leave-in conditioner from its Mizani brand due to concerns of contamination. The recall specifically affects 487 units of the Mizani 25 Miracle Cream Leave-in Conditioner, which comes in 250ml plastic tubes. The reason behind the recall is the potential contamination with Burkholderia cepacia complex, a …

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Daxiangfei Offers Solutions for The Most Challenging Cosmetic Safety Assessment

Without a doubt, under the new regulations, the compliance requirements for cosmetics have become more stringent and complex. Faced with these new regulations, the internal compliance pressure and workload within cosmetics companies have increased day by day. Therefore, a good research and development management software not only helps researchers work more efficiently but also serves …

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Shiseido Develops New Technology Predicting Future Skin Problems

On November 28th, Shiseido issued a statement stating that they have discovered a relationship between the nasal bone structure and skin conditions such as wrinkles, sagging, as well as blood vessels and other skin tissues. By applying this discovery and analyzing facial images, they have successfully developed a tool that can predict future skin conditions …

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