News & Analysis on Cosmetics Innovation
Cosmetics is one of the few areas in which millennials buck the trend of being “nowners” (no-owners) and are keen to spend, according to a recent overview by Euromonitor International.
Privately owned cosmetics and personal care brands garner a lot of attention when it comes to M&A activity, but local financial institutions are backing local brands and helping independent beauty grow too.
The recent Canada-Korea free trade agreement (CKFTA) has seen imports of Korean beauty brands soar in the North American country, according to a new report.