
China's make-up market is projected to grow from US$5.9 billion in 2020 to US$8.9 billion by 2025 at a compound annual growth rate (CAGR) of 8.3 percent through 2025.
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China's make-up market is projected to grow from US$5.9 billion in 2020 to US$8.9 billion by 2025 at a compound annual growth rate (CAGR) of 8.3 percent through 2025.
Maybelline owner L'Oreal on Thursday said sales growth had accelerated in the second quarter partly due to resurging make-up sales in the United States as Covid-19 lockdowns ease.
Formerly the CEO of L’Oréal Canada, Frank Kollmar has recently been appointed deputy managing director of the global beauty giant’s Active Cosmetics division, whose sales grew 28.7% in Q1 2021.
Now an essential when it comes to online cosmetics shopping, virtual try-ons are now available for some brands on Instagram.
The Shiseido Company announced on Monday the promotion of Ron Gee to president and CEO of Shiseido Americas, effective July 1, in addition to a new CEO for the Japan region.
L'Oreal's make-up sales are set to bounce back to pre-COVID-19 pandemic levels, the French group's new chief executive said on Friday, with women opting for brighter colours in their post-crisis makeovers.
Shares in French cosmetics group L'Oreal fell on Friday, as some analysts expressed disappointment at figures from the company's consumer products division,, despite overall strong group results.
Lancome maker L'Oreal on Thursday posted a further pickup in sales in the first quarter, helped by strong growth in China and online demand for beauty products.
American teens have been increasing their spending slightly in the past year as the emergence of a female-led spending cycle driven by apparel has made an impact.
Maybelline New York unveiled on Tuesday its newest global spokesmodels, and its K-pop band, Itzy.