BEIJING - "For L'Oreal, sustainability is our road map to grow the company," said Francis Quinn, director of sustainable development at the world's largest cosmetic group by sales. "It's also the ultimate goal we set L'Oreal.
Paris-based cosmetics giant L'Oreal plans to expand a factory in central China's Hubei province into its largest cosmetics production base in Asia with an investment of 200 million yuan ($31.5 million), the company announced.
It's the first thing people see, and the last thing that most men think about: the health of their skin. Up until now, women have typically been more obsessed with the look, feel and color of their skin, apparent by the abundance of products that line the healthcare aisles of supermarkets.
The Shanghai-based leading cosmetics company Shanghai Jahwa United Co Ltd (SJU) resumed trading on Wednesday, ending a suspension that began on Dec 6 for a group restructuring.
Jala Group Inc, the "invisible champion" of the cosmetics industry that for 10 years has quietly been gaining ground in smaller cities, has decided the time is right to go all out in China's major metropolises.
Sales of men's health and beauty merchandise in China will overtake North America's numbers this year and probably grow five times faster each year until 2014.
China is Asia's second-largest cosmetics market, and the eighth in the world, but perfume makers get only a tiny slice of that market because fragrances are not considered a basic necessity in Chinese beauty care.
US-based cosmetics maker Estee Lauder Cos Inc raised the price of its brands by an average of 8 to 10 percent on July 1, a move that follows price increases by its competitors, analysts say, and that will not significantly affect its market share.
From July 1, Estee Lauder Group has raised the prices of its cosmetic brands,which include Estee Lauder, Clinique, MAC and Origins, by eight percent to ten percent on average, The Beijing News reported Monday.
Known as "Brother Nic" in many Chinese cosmetology websites, Peng is a respected skincare expert on the Chinese mainland. His main job is to attend various launches and business meetings as a beauty adviser.
Shiseido, Japan's top cosmetics firm, is aiming to grow its Chinese cosmetics business faster than the market and is considering boosting the use of local raw materials to lower production costs.
Avon Products Inc (AVP), the world's largest door-to-door cosmetics merchant, is probing possible corruption after firing four executives over bribes to officials in China, Bloomberg reported Thursday, citing Avon's regulatory filing.
The 31st Jinan Hairdressing and Cosmetic Products Exposition was held at the Shungeng International Exhibition Center from April 28 to 30 in Jinan.
Shanghai Jahwa United Co Ltd, one of China's top State-owned cosmetics manufacturers, has ruled out investment by wholly owned foreign companies in its planned share sale to become a public company.
Millions of new Chinese customers helped to drive up sales for the French cosmetics giant L'Oreal SA. Sales in China in 2010 rose to 9.085 billion yuan ($1.38 billion), an 11.1 percent increase over the previous year, and a double-digit gain for the 10th consecutive year.
Attractive price and range of goods lure shoppers seeking a better deal, Gao Qihui reports in Beijing.
China's food and drug watchdog Tuesday vowed a "ruthless" crackdown on the production and sales of substandard health foods and cosmetics this year.
China's food and drug watchdog Tuesday vowed a "ruthless" crackdown on the production and sales of substandard health foods and cosmetics this year.