Surpassing €8 billion, LVMH’s Beauty Business Achieved a Record-breaking Revenue in 2023
French luxury goods giant LVMH has released its 2023 annual report, revealing a revenue of 86.2 billion euros for the […]
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Givaudan Achieves Sales of $8 Billion Last Year with Strong Performance in Fine Fragrances
Today (January 25th), Swiss fragrance and flavor giant Givaudan released its full-year financial report for 2023. In 2023, Givaudan’s total
Investment Focus of Chinese Cosmetics Company BTN Has Changed This Year
On January 23rd, Botanee Group Co., Ltd. (BTN), a Chinese cosmetics company, announced that it had reached an agreement with
A Chinese Enterprise Reduces Production Cost of Collagen to Only 10,000 RMB per Kilogram!
One of the most prominent cosmetic ingredients in recent years is recombinant collagen. From Shiseido to L’Oréal and P&G, the
Chinese Beauty Industry Leader Proya Enters the Restructuring Collagen Sector
Following L’Oréal, the leading Chinese cosmetics and beauty brand Proya has also entered the field of recombinant collagen. Recently, several
Fragrance Distributor Inter Parfums Posts Record High Net Sales of $1.32 Billion in 2023
Inter Parfums, the fragrance distributor, has released its sales figures for the fourth quarter and full year of 2023. In
New “Douyin Number One” Dong Yuhui Makes His First Foray into Beauty Product
Recently, in Douyin (Chinese version of Douyin), the hottest e-commerce livestreamer is undoubtedly Dong Yuhui. It is reported that Dong Yuhui
Chanel, Along with 15 Cosmetics Manufacturers, Establishes Traceability Alliance for Sustainable Cosmetics
Chanel has taken the lead in forming a consortium named the Traceability Alliance for Sustainable Cosmetics (TRASCE), consisting of 15
Beauty Retailer Skins Cosmetics, Reaching €40m Last Year, Receives Investment
Private equity firm Vendis Capital has made a strategic investment in Skins Cosmetics, an omnichannel beauty retailer and distributor based
Ultra Violette Secures AUD $15 Million Investment to Fuel North American Expansion
Ultra Violette, an Australian SPF-based skincare brand, has secured a minority investment of AUD $15 million from U.S. consumer growth
