LG H&H Partners With SBA to Back K-Beauty Startups
The partnership extends corporate support for early-stage beauty and wellness companies in Seoul, with commercialisation, overseas expansion and possible investment built into the programme.
The partnership extends corporate support for early-stage beauty and wellness companies in Seoul, with commercialisation, overseas expansion and possible investment built into the programme.
The refiling puts one of China’s largest domestic skincare groups back into the Hong Kong listing pipeline with a business still heavily concentrated around its flagship brand.
Brightening skincare is the most commercially significant category in Southeast Asia – and it is fracturing. What was once a single segment defined by the aspiration for lighter, more even skin tone is dividing into two distinct product logics with different consumers, different price points, and different evidence requirements. Vietnamese beauty brands are naturally positioned…
The February increase points to stronger momentum in Hong Kong beauty retail as visitor arrivals and broader consumer spending continue to recover.
The shift marks a major change in K-beauty’s export map as growth in the U.S. offsets a prolonged decline in shipments to China.
The closure adds to the retreat of legacy K-beauty brands in China as weaker channel performance and tougher local competition continue to pressure older market-entry models.
A potential combination would deepen Estée Lauder’s fragrance exposure as the group looks to rebalance under pressure in prestige beauty and China.
Japan beauty exports peaked at 683.9 billion yen in 2021 and fell to 422.9 billion yen by 2024 – a 38% decline in three years, while South Korea hit a record $11.4 billion and France grew 6.3% over the same period. The collapse is real and documented. What it means, however, depends on which Japanese…
The move gives the Vietnamese vegan cosmetics brand a formal distribution foothold in France, with a Paris activation scheduled for April as part of the market entry.
Vietnamese beauty brands represent less than 10% of their own domestic market – a $2.66 billion industry where over 90% of value is imported product. Vietnam imports cosmetics at $27,313 per ton and exports them at $13,201. The country is buying premium and selling commodity – and that single data point describes V-beauty’s structural challenge…