Estee Lauder Archives - Page 4 of 4 - Inside Retail Asia

Estee Lauder settles Have & Be Korea deal

Estee Lauder has completed the acquisition of Have & Be Korea, the parent of skin care brands Dr Jart+ and Do The Right Thing.

Estee Lauder buys into Korean skin care brands

The Estee Lauder Companies group has bought an interest in South Korea’s Have & Be Co Ltd, which owns the skin care brands Dr Jart+ and Do The Right Thing.

T Galleria unveils new beauty concept store

T Galleria by DFS has a new luxury beauty store concept – T Galleria Beauty by DFS.

China a standout for Estee Lauder

China proved a standout market in the last quarter for listed luxury cosmetics business Estee Lauder, whose brands include MAC, Bobbi Brown and Clinique.

Estee Lauder’s China flagship

Cosmetics brand Estée Lauder has revealed its largest flagship store in travel retail at China’s Haitang Bay.

Indian giant posts solid growth

Indian retail group Shoppers Stop has reported solid growth as it continues to gradually expand its retail store network. The company reported a gross retail turnover of Rs.844.77 crore for the quarter to December 31, compared with Rs.787.49 crore in the corresponding period last year. Net Profit for the quarter stood at Rs.13.77 crore. (A conversion to USD was not available at the time of going to press). Shoppers Stop operates 321 stores in all – large format department stores, hyperstor…

Downtown duty free debut for Cambodia

Cambodians have been promised “an unforgettable shopping experience” when China Duty Free Group opens the nation’s first downtown duty free store on December 30. The 4500 sqm Angkor Duty Free store will sell a range of travel retail goods, including perfumes, cosmetics, fashion, jewellery, sunglasses, watches, liquor, tobacco, travel accessories, and confectionery. Over 200 premium and luxury brands from all over the world, including Dior, SK-II, Shiseido, Lancôme, Estée Lauder, Cl…

Jo Malone enters China

Estée Lauder has launched the Jo Malone London brand in mainland China, at the Mitsukoshi store in Beijing. The brand expects to open two further stores in Shanghai and Beijing in 2014. Jo Malone London was launched in 1994 and acquired by Estée Lauder in 1999. It is regarded as a luxury fragrance and is one of Estée Lauder’s’ ultra-prestige brands. Today the brand is available in 34 countries worldwide following the launch in China. Jo Malone London first launched in Asia Pacific …

Jo Malone plans China foray

British beauty brand Jo Malone is set to enter China. The company will open a retail space at Shin Kong Mitsukoshi department store in Beijing, offering not only its range of products, but also providing consultations, including gifting advice and custom scent creation. Jo Malone has been owned by Estee Lauder since 1999 and is available in 33 countries worldwide. “We believe that the understated luxury of Jo Malone London, along with the brand’s use of high-quality and rare ingredi…

Revlon exits China

Cosmetics maker Revlon is to withdraw from the Chinese market, citing continuing falling sales. The withdrawal from the market will see it cut more than 1000 jobs and save $11 million a year. The restructuring would result in around $22 million pre-tax charges, it said in a filing with the US Securities and Exchange Commission. Revlon’s sales in China has been falling since 2012. “We made a holistic assessment of the opportunity in China versus the cost of doing business there and we…

Bobbi Brown eyes India growth

Bobbi Brown is targeting to earn $5 million from India over the next three years. The Estee Lauder-owned cosmetics brand opened its first store in the country in New Delhi in July and now plans stores in Mumbai and Bangalore. The company will appeal to the local consumers by introducing specially made shades and colors for Indian skin. Bobbi Brown VP and GM for EMEA Marta Prieto says the company envisions India to be its fourth largest market in the next three years. At present, the …

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