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Tag: beauty

  • Amouage Opens First Standalone Boutique in Indonesia

    Amouage Opens First Standalone Boutique in Indonesia

    Omani perfume house Amouage opened its first standalone boutique in Indonesia at Plaza Indonesia in Jakarta in September 2026.

    Founded in Muscat in 1983, the brand operates in more than 80 countries under parent company Sabco Group.

    Architecture and Store Layout

    Inside the Jakarta boutique, the design draws on Omani geography and traditional building methods. Travertine stone walls, walnut timber, and brushed copper fixtures frame the interior alongside structured, layered arches.

    Display tables shaped like inverted pyramids mirror Oman’s mountain topography. At the center of the sales floor, a dedicated installation titled the Gift of Kings arranges bottles in a radial format beneath an illuminated orb.

    “Indonesia has a deep relationship with scent, craft, and hospitality, and an increasingly sophisticated luxury clientele looking for depth and originality,” said Amouage chief executive Marco Parsiegla.

    Southeast Asian Luxury Demand

    Standalone retail units give niche fragrance makers direct control over pricing, presentation, and customer data. Wholesale department store counters cannot match that access. High-end perfumery maintains strong operating margins in Southeast Asia, where affluent shoppers bypass heritage fashion-house scents for specialized, high-concentration formulations.

    For Indonesian luxury landlords, beauty flagships fill high-yield ground floor units with compact footprints that generate strong sales per square meter. The main operational challenge is sustaining foot traffic and repeat buyers in central Jakarta once opening buzz cools.

    Muscat Heritage and Regional Expansion

    Founded in Muscat in 1983, Amouage built its global business on heavy, resinous perfumes centered on regional ingredients like frankincense, rock rose, and ambergris.

    The Jakarta opening follows an entry into India five months earlier, when the brand launched at Mall of Asia in Bengaluru in April 2026. Amouage is pacing its retail rollout across major Asian metropolitan centers to build a wider network of company-operated doors through 2027.

  • Beauty Sector Vegetable Oils Market to Reach $7.72 Billion by 2031

    Beauty Sector Vegetable Oils Market to Reach $7.72 Billion by 2031

    Personal care formulators will push global spending on cosmetic vegetable oils from US$5.84 billion this year to $7.72 billion by 2031, research from MarketsandMarkets shows.

    Asia-Pacific demand for plant-based ingredients is driving the bulk of that expansion as regional beauty brands overhaul skincare and haircare recipes.

    Coconut oil leads ingredient demand

    Coconut oil will retain the largest individual volume share throughout the forecast period, supported by heavy use in commercial haircare and barrier creams across Asian markets. Conventional oils remain dominant despite the push for specialized extracts, capturing 76.4 percent of total market value this year.

    Clean-label reformulations are forcing raw material buyers to secure traceable supply chains. Consumer goods manufacturers across Japan, South Korea, and Southeast Asia are replacing synthetic emollients with plant derivatives to meet export standards in Western markets and satisfy domestic consumer scrutiny.

    Supply pressures shift procurement

    For regional manufacturers, the shift changes cost profiles in core product lines. Palm, coconut, and seed oil derivatives carry agricultural price volatility that chemical feedstocks avoid, squeezing operating margins when harvest yields drop in major producing hubs like Indonesia and the Philippines.

    Retail buyers in Asia are tightening shelf requirements, penalizing brands that cannot substantiate sustainable sourcing claims on product packaging. Mass-market brands that rely on low-cost conventional oils must balance ingredient certification costs against price-sensitive consumer baskets in developing markets.

    Category targets through 2031

    Formulation trends over the past five years laid the groundwork for this transition, as major beauty conglomerates divested petroleum-heavy bases in favor of botanical alternatives. That initial switch in prestige skincare has now moved down into mass personal care and supermarket private labels.

    Procurement teams now look toward the 2031 horizon, when cosmetic vegetable oil purchases will absorb nearly $1.9 billion in additional annual spending.

  • Seppic Names Former Japan Chief Virginie Cavalli as Chief Executive

    Seppic Names Former Japan Chief Virginie Cavalli as Chief Executive

    Specialty chemicals supplier Seppic appointed Virginie Cavalli as chief executive officer on September 1, 2026. The decision hands leadership of the 900-employee ingredients business to an operational veteran.

    Cavalli spent more than three decades at parent company Air Liquide. Most recently, she served as deputy group vice president of human resources after leading Air Liquide Japan as chief executive.

    Decades of Industrial Leadership

    A graduate of EM Lyon Business School in financial strategy, she joined the French industrial gases group in 1992. Her executive career spans operational, financial, and business development roles across France, the United States, Chile, and Singapore.

    Seppic operates as an Air Liquide Healthcare subsidiary, manufacturing ingredients for beauty formulations, nutraceuticals, pharmaceuticals, and industrial uses. Its distribution networks and operating units serve clients across 100 countries.

    Strategic Value for Asian Formulators

    Her background gives the beauty ingredient supplier a leader with direct North Asian and Southeast Asian operating experience. Asian personal care manufacturers want active ingredients and bio-based emulsifiers backed by certified regional supply chains. That demand pushes European suppliers to adapt delivery and technical support models.

    Next on the agenda, Seppic will present formulation technologies at personal care trade exhibitions across Europe and Asia through the fourth quarter of 2026.

  • Nykaa Buys Additional 24.2 Percent Stake in Beauty Brand Earth Rhythm

    Nykaa Buys Additional 24.2 Percent Stake in Beauty Brand Earth Rhythm

    Indian beauty and fashion retailer Nykaa acquired an additional 24.2 per cent stake in direct-to-consumer personal care brand Earth Rhythm. The transaction builds on the retailer’s initial backing of the company two years ago.

    Nykaa first took a position in Earth Rhythm during an 8 million dollar Series A funding round in 2022. The increased holding deepens its direct ownership of domestic skincare and haircare labels as competition intensifies across India’s beauty and personal care market.

    Consolidation in Indian Beauty Brands

    The deal reflects a broader push by established e-commerce platforms to secure higher-margin proprietary and partner labels rather than relying entirely on third-party marketplace distribution. By taking a larger equity position, Nykaa gains tighter control over product development, supply chains, and exclusive digital merchandising rights for Earth Rhythm’s portfolio.

    Direct-to-consumer brands in India face rising customer acquisition costs on digital channels. Partnering closely with platform operators provides these brands with immediate shelf space, physical store exposure through Nykaa Luxe and Nykaa On Trend outlets, and shared logistics infrastructure across tier-one and tier-two cities.

    Building Out the House Brand Strategy

    Rival platforms including Reliance Retail’s Tira and Tata Cliq Palette are expanding their own portfolios of private and partnered beauty brands. Nykaa’s strategy mirrors global retail trends where multi-brand operators buy equity in high-performing independent labels to capture manufacturing margins alongside retail markups.

    The investment follows Nykaa’s entry into Earth Rhythm in 2022, when the startup used its Series A proceeds to expand manufacturing capacity and marketing reach. The brand formulates solid beauty bars, skincare serums, and clean-label cosmetic formulations sold across India.

    Investors will look to Nykaa’s upcoming quarterly filings for the total cash consideration paid for the 24.2 per cent equity tranche and any changes to Earth Rhythm’s board structure.

  • Beauticate Launches Curated Marketplace Beauticate Shop

    Beauticate Launches Curated Marketplace Beauticate Shop

    Australian beauty platform Beauticate has relaunched its digital publication and debuted Beauticate Shop, an online marketplace built on selective product curation rather than high-volume inventory.

    Founder Sigourney Cantelo, former beauty director at Vogue Australia, established the digital editorial site in 2014 before integrating the new direct-to-consumer sales arm.

    Editorial Selection Over Infinite Shelves

    The new marketplace operates against the prevailing trend in beauty e-commerce, where digital platforms compete primarily on catalogue depth, customer reviews and automated recommendation engines. Beauticate Shop is structuring its inventory around professional editorial selection, pitching verified product evaluation to shoppers facing decision fatigue across digital channels.

    Cantelo is positioning the platform to bridge content and transaction directly on the site. Rather than relying purely on affiliate links or third-party retail referrals, the marketplace model allows Beauticate to capture transactions directly from its readership base.

    Content-to-Commerce in Asia-Pacific

    Content-led retail models have gained steady traction across Asia-Pacific as customer acquisition costs climb on standard advertising networks. Digital publishing brands and specialist creators in Australia and Southeast Asia increasingly launch proprietary storefronts to monetize existing organic traffic directly.

    Beauty retailers across the region have traditionally scaled through expansive brand partnerships and aggressive discounting. Beauticate is testing whether smaller, curated product edits can achieve sustainable conversion rates against established category giants.

    The marketplace rollout will test consumer appetite for tight editorial edits as the broader online beauty market continues its consolidation around algorithmic discovery.

  • China Beauty Market Targets 6 Percent Annual Expansion Through 2028

    China Beauty Market Targets 6 Percent Annual Expansion Through 2028

    China’s beauty market will expand at a 6 percent compound annual growth rate between 2024 and 2028, according to projections from consultancy McKinsey. The forecast follows a 3 percent expansion recorded in 2023 across the country’s cosmetics and skincare sectors.

    A 2025 survey showed that 75 percent of beauty executives are pushing to increase sales despite softer volume growth caused by inflation and cautious household spending. Retailers face rising customer acquisition costs across domestic e-commerce channels alongside extended product lifecycles.

    Squeezed Margins and Price Pressures

    Downward pricing pressures intensified over the past year across Chinese retail platforms. Consumers increasingly hunt for value, forcing brands to adjust promotional calendars and discount structures to defend shelf space.

    Foreign and domestic beauty brands are rethinking their operating models in response. Companies such as Changsha-based S’Young International are expanding integrated operations hubs to manage distribution and localization more efficiently.

    Shift Toward Capability Hubs

    International brands previously treated mainland China primarily as a volume driver for global sales. Today, rising domestic competition and fragmented digital channels require dedicated local research, formulation and supply chains within the market itself.

    The critical metric for brand managers in the coming quarters is whether average selling prices stabilize across major retail platforms before margins erode further.

  • Indian Digital Beauty Brands Face Margin Squeeze as Offline Push Costs Mount

    Indian Digital Beauty Brands Face Margin Squeeze as Offline Push Costs Mount

    India’s digital beauty startups face steep margin pressure as marketing costs jump past 50 per cent of revenue once annual sales cross ₹200 crore ($21 million).

    Offline retail accounts for 75 to 80 per cent of the country’s beauty and personal care market, forcing online-native brands into capital-heavy physical store networks to sustain growth.

    Mobile data costs in India dropped from roughly ₹200 ($2) to under ₹9 ($0.09) per gigabyte over recent years, bringing over 800 million consumers online and giving early direct-to-consumer operators cheap customer acquisition. That easy digital runway hits an initial wall at ₹100 crore ($10.4 million), according to an industry analysis by Kearney.

    Past the ₹200 crore mark, acquiring incremental shoppers turns expensive. Heavenly Secrets, the owner of Pilgrim, allocated 57 per cent of its revenue to advertising and promotion, while Bad Habit Mediacorp spent 55 per cent and Foxtale Consumer directed 53 per cent into marketing.

    The Omnichannel Hurdle

    Scaling past ₹600 crore ($63 million) requires building direct distribution across India’s 50 largest cities, an effort that takes 12 to 18 months before turning profitable.

    Larger operators manage to rein in promotion costs once they establish physical store footprints. Brands generating more than ₹400 crore ($42 million) typically trim marketing expenditure to between 30 and 36 per cent of sales.

    Honasa Consumer reached profitability in 2024 by generating 36 per cent of its revenue offline against 59 per cent online, keeping its marketing spend at 36 per cent. Mosaic Wellness also capped ad spending at 36 per cent, while Plum owner Pureplay Skin Sciences ran at 35 per cent and Minimalist parent Uprising Science spent 34 per cent.

    Enterprise Restructuring and Buyouts

    Operating at scale forces startups to overhaul management structures in favour of enterprise executives, including chief revenue officers who understand fragmented wholesale networks and senior supply chain directors.

    Software investments also shift away from basic ad trackers. Companies take six to nine months to deploy unified customer data platforms that combine offline point-of-sale receipts with web data, alongside algorithmic demand planning systems.

    Across Asia, online-born brands in South Korea and China faced the same reckoning when digital customer acquisition matured, eventually turning to department stores and pharmacy chains to protect volume. For Indian founders, Kearney said the organic playbook stops working once revenue approaches ₹1,000 crore ($104 million).

    Expansion at that threshold shifts toward mergers and acquisitions to buy physical retail routes and specialised research facilities outright, setting up a consolidation phase among the country’s largest personal care independents.

  • South Korea’s APR Targets W500b in Europe After First-Half Sales Surge

    South Korea’s APR Targets W500b in Europe After First-Half Sales Surge

    South Korean beauty company APR raised its full-year European sales target to 500 billion won ($358 million) after regional revenue jumped 363 per cent in the first half of 2026.

    European sales reached 228.9 billion won ($163.8 million) during the six-month period, accounting for roughly 17 per cent of the Seoul-based firm’s total revenue.

    Amazon Stores and Sephora Shelves

    Online momentum built quickly after APR launched official storefronts on Amazon in the UK, France, Germany, Italy and Spain late last year. Average monthly sales across those five country portals grew more than eightfold between January and June, lifted by demand during Amazon’s Prime Day event.

    Physical retail followed a parallel trajectory. APR secured shelf space at Sephora in March, driving its first-half offline revenue in Europe up more than ninefold compared with the same period a year earlier. To support the retail push, the company increased its available stock-keeping units in the region by more than five times.

    Korean Beauty Footprint Abroad

    The European push shows how quickly Asian beauty brands can convert digital traction into physical shelf space once regional distribution networks open up. While domestic Korean cosmetics demand remains steady, major operators in Seoul increasingly rely on Western department store chains and global e-commerce portals to absorb rising production volumes.

    APR is preparing to open dedicated Amazon storefronts in additional European countries while negotiating terms with regional department stores and specialty beauty chains to widen its physical distribution network before the end of the year.

  • KKR Agrees to Buy Japanese Beauty Platform Ci Flavours

    KKR Agrees to Buy Japanese Beauty Platform Ci Flavours

    KKR has agreed to acquire Japanese personal care platform Ci Flavours from existing shareholders, including consumer buyout specialist L Catterton.

    The buyout firm will take full ownership from all current equity holders, which include founder Yusaku Horiuchi, Ebeauty Group and Yanagi Capital Partners. Financial terms were not disclosed.

    Horiuchi and Ci Flavours chief executive Yoshiaki Okura will reinvest alongside KKR to retain management stakes in the company. Founded in 2011, the Tokyo-based firm built a retail footprint across Japan and expanded overseas distribution into Asia and North America.

    Brand roster and overseas distribution

    Ci Flavours operates a portfolio spanning haircare, skincare, body care and lifestyle goods. Its primary labels include &Honey, 8 The Thalasso, Unlabel, Theratis and Moroccan Beauty.

    The business handles product lines through multiple channels, including original equipment manufacturing, direct-to-consumer digital storefronts, department store counters and international ingredient sourcing. Mass-market and premium haircare lines in domestic drugstores provided the company with steady cash flow to push into regional export markets.

    Private equity shifts in Japanese consumer assets

    L Catterton backed Ci Flavours in 2022, completing an exit four years later as global private equity funds continue trading established Japanese consumer brands. KKR has actively adjusted its regional consumer portfolio, having completed the sale of supermarket chain Seiyu to Trial Holdings for US$2.55 billion.

    Okura and his executive team plan to deploy fresh capital into foreign market distribution, recruitment and targeted add-on acquisitions in personal care.

  • Panpuri Opens First Mainland China Store in Shanghai in 16-Outlet Asian Push

    Panpuri Opens First Mainland China Store in Shanghai in 16-Outlet Asian Push

    Thai niche fragrance brand Panpuri opened its first Mainland China store at Shanghai’s HKRI Taikoo Hui shopping centre, anchoring a 16-store regional expansion across Asia this year.

    The Bangkok-based label is entering high-end retail developments in China and Japan to build scale outside Southeast Asia. At the Shanghai boutique, Panpuri is selling its full range of perfumes, home ambience goods and body care products, supported by custom fragrance blending and bespoke gift-wrapping stations.

    Expanding From Shanghai to Tokyo

    Thai entrepreneur Vorravit Siripark founded the business in 2003, pairing traditional Thai herbal and oil treatments with modern skincare formulations. The Shanghai debut follows an Asian expansion plan outlined in May that aims to establish footprint in prime shopping destinations.

    In China, Panpuri is focusing its initial store pipeline on Shanghai and Beijing. In Japan, the company plans to launch its first boutique in Tokyo before adding locations across other major metropolitan areas.

    Southeast Asian beauty and wellness operators have increasingly looked north to East Asian department stores and malls, where consumer spending on niche perfumery and premium personal care remains resilient. Entering prime properties such as Swire Properties’ HKRI Taikoo Hui places the Thai label in direct competition with established European and domestic Chinese fragrance houses fighting for department-store foot traffic.

    Targeting Top-Tier Asian Capitals

    Siripark stated that shoppers in both Japan and China place heavy value on product craftsmanship, atmospheric retail design and emotional brand resonance, making them natural priorities for international growth.

    Attention now turns to the delivery of the remaining pipeline locations across Beijing and Tokyo as the brand works to complete its 16-store regional target before year-end.

  • Weleda Expands Skin Food Line into Clinical Skincare and Daily Care

    Weleda Expands Skin Food Line into Clinical Skincare and Daily Care

    Swiss natural beauty producer Weleda plans to expand its flagship Skin Food franchise into medical-grade skincare and daily personal care across global markets. The century-old product line generates approximately 20 per cent of Weleda’s global turnover, led by sales in Australia, Japan, the United States, and the United Kingdom.

    First formulated in 1926 using chamomile, calendula, rosemary, and viola tricolor, the original multi-use cream remained unchanged for decades. The company has since adapted the blend into night creams, body oils, lip care, and face serums. A dedicated eye cream recently joined the range, with a hand wash and hand lotion scheduled to roll out in the first quarter of 2026.

    New Categories and Clinical Formulations

    Weleda is collaborating with professional makeup artists to refine formulas for high-definition photography and screen production. Beyond cosmetic skin prep, the group has initiated longer-term research and development targeting chronic dermatological conditions.

    Over the next five to ten years, Weleda plans to test Skin Food formulations for acne, rosacea, eczema, and psoriasis. Jayn Sterland, Country Manager for the UK and Ireland, noted that product development will hinge on regulatory compliance across different jurisdictions. The company is also working on mineral UV protection formulations, though executives confirmed those products remain in testing.

    Packaging Shifts and Digital Demand

    Supply chain adjustments accompany the product rollout. Weleda has transitioned its packaging back to aluminium tubes, replacing temporary post-consumer recycled plastic with 100 per cent recycled aluminium worldwide.

    In Asian retail channels, where multi-step skincare routines dominate department stores and specialty beauty chains, multi-purpose European heritage creams have found a distinct niche. While traditional drugstores stock the core green tubes, growth in Japan and Southeast Asia is shifting toward digital platforms. Social media campaigns on TikTok have drawn younger consumers who bypass brick-and-mortar shelves entirely.

    Regulatory filings for the first wave of therapeutic claims across international beauty registries will determine how quickly Weleda can clear its clinical skincare line for retail distribution.

  • Coty Full-Year Revenue Drops Five per Cent to US$5.8 Billion Ahead of Gucci License Loss

    Coty Full-Year Revenue Drops Five per Cent to US$5.8 Billion Ahead of Gucci License Loss

    Coty posted a five per cent decline in full-year net revenue to US$5.8 billion as the beauty group prepares to surrender its lucrative Gucci license.

    Fourth-quarter adjusted EBITDA dropped 26 per cent to US$93.6 million, dragging operating margins down 270 basis points to 7.4 per cent. Like-for-like sales in the final quarter slipped one per cent to US$1.3 billion, prompting Coty shares to fall 7 per cent in after-hours trading after management withheld financial guidance for fiscal 2027.

    Markus Strobel, Coty executive chairman and interim chief executive, designated fiscal 2027 a transition year focused on lowering fixed overheads. The departure of Gucci Beauty will trigger an additional drop in revenue and profit in fiscal 2028.

    Fixed costs and new fragrance licenses

    Management plans to counter the Gucci exit by cutting fixed corporate costs and expanding newer licensing contracts. The pipeline relies on cosmetics under Marc Jacobs Beauty alongside fragrance agreements with Swarovski, Etro and Marni.

    GlobalData managing director Neil Saunders noted that replacing Gucci volume requires stronger performance from remaining prestige lines, especially across department stores and travel retail networks. Retail OCD chief executive Barney Stacher cautioned that cost reductions cannot compensate for weak brand heat across mass colour cosmetics lines such as CoverGirl, Rimmel and Max Factor.

    Mass beauty shelf pressure

    Fragrance sales continue to generate cash across Asian metropolitan markets, but Coty’s mass cosmetics portfolio faces intense shelf competition from nimble regional and domestic beauty labels. Rebuilding brand visibility in physical retail and digital storefronts requires targeted product development rather than broad promotional discounting, according to Pepperdine Graziadio Business School marketing professor Kimber Maderazzo.

    Coty will deliver the final decisions from its strategic review of the Consumer Beauty unit by the end of 2026 before the Gucci transition takes effect in fiscal 2028.

  • Oz Hair and Beauty Discloses Customer Data Breach Across Order Platform

    Oz Hair and Beauty Discloses Customer Data Breach Across Order Platform

    Oz Hair and Beauty has suffered a cyber incident on its online purchasing platform. The breach exposed the personal details and transaction histories of customers who placed orders before August.

    An unauthorised third party gained brief access to data managed through an external service provider. The Australian e-commerce merchant disclosed the incident to shoppers in a direct notification.

    Exposed records include full names, email addresses, mobile numbers, and purchase details showing total spend, currency, city, state, and postcode. Attackers did not obtain passwords, credit card numbers, payment details, or street addresses, the company stated.

    Third-Party Platform Compromise

    External technical specialists launched an investigation immediately after staff detected the intrusion. Early findings point to data held by a contractor rather than a direct breach of internal systems.

    Oz Hair and Beauty has not disclosed the total number of affected customer accounts. It reported the incident to the Australian Cyber Security Centre and the Office of the Australian Information Commissioner while notifying affected buyers.

    Earlier this month, a separate cyber attack hit furniture retailer Nick Scali and forced core IT infrastructure offline across its regional business. Australian consumer brands face tightening scrutiny over vendor data storage as regulators press merchants to shorten retention schedules.

    Security Audit Underway

    The beauty retailer is now overhauling its data protection controls and third-party storage policies to prevent repeat exposures across its digital channels.

    Technical investigators are still determining the full timeline of the intrusion. The retailer has yet to submit its final incident report to federal privacy regulators.

  • DNA Brands Pledges $1M Refunds for Coerced Purchases: Singapore Beauty Giant on Road to Redemption

    DNA Brands Pledges $1M Refunds for Coerced Purchases: Singapore Beauty Giant on Road to Redemption

    DNA Brands Co, a Singapore-based firm that operates a chain of beauty and wellness centers, has pledged to issue refunds worth up to $1 million in response to accusations of coercing clients into making unwanted purchases. The firm, which oversees brands such as The Mineral Boutique, Beautique, Sae-Ren, Jingran, Harmonix, Allura, and Comfeet, has reportedly employed these controversial sales strategies since 2023.

    Manipulative Sales Tactics

    According to an investigation by the Competition and Consumer Commission of Singapore (CCS), these high-pressure tactics were deployed by an area manager and certain staff members and were portrayed as “deliberate and calculated.” The inquiry uncovered that staff had been applying facial masks onto clients even after their treatments had concluded, essentially confining them within treatment rooms for sales pitches. Staff members would then inquire about the number of credit cards clients possessed, purportedly to check for applicable promotions, but actually to gauge their potential spending capacity.

    In the case of elderly clients, staff members would probe about their CPF balances and coerce them into utilizing these savings to purchase beauty packages and products. The investigation by the CCS, however, found no evidence that DNA Brands’ directors either directed or participated in these practices.

    Company Response

    In response to these findings, DNA Brands has promised to set aside up to $1 million with an independent escrow agent to refund affected consumers. Refunds may be available to those who made purchases from specified outlets since January 1, 2023, and experienced undue pressure or distressing circumstances during their transactions.

    The company has further taken disciplinary action against the involved staff, either through dismissal or suspension, and has revoked their ability to earn sales commissions. In addition, DNA Brands has vowed to cease all unfair trade practices and to implement enhanced compliance measures. All outlets will also prominently display a 14-day refund policy for customers’ benefit.

    Questions & Answers

    What actions has DNA Brands taken in response to the investigation?
    DNA Brands has pledged to issue refunds worth up to $1 million to affected customers, dismissed or suspended the staff involved, and committed to ending all unfair trade practices. The company will also implement stricter compliance measures.

    Who is eligible for the promised refunds?
    Customers who made purchases from specified DNA Brands outlets since January 1, 2023, and experienced pressure or uncomfortable situations during their transactions may be eligible for a refund.

    What changes will be made at DNA Brands outlets?
    All DNA Brands outlets will prominently display a 14-day refund policy. The company has also committed to ending all unfair sales practices and implementing stronger compliance measures.

  • Me Today Skincare Brand Boosts Earnings Outlook Amid Global Expansion Opportunities

    Me Today Skincare Brand Boosts Earnings Outlook Amid Global Expansion Opportunities

    New Zealand’s publicly traded skincare company, Me Today, is adjusting its earnings forecast upwards, spurred by promising growth and robust global prospects.

    Boosting Revenue and Slowing EBITDA Decline

    In advance of the company’s forthcoming disclosure of its annual financial results, Me Today has announced that it anticipates a significant increase in gross revenue. Furthermore, the EBITDA decline is projected to be less severe than previously estimated.

    The company’s accomplished performance in its home territory, New Zealand, has paved the way for possible international growth. The co-founders of Me Today have recently come back from trips to Southeast Asia and China, where they participated in events aimed at promoting their brand.

    Expansion into Asia and New Product Rollouts

    During a visit to Malaysia, Me Today was launched at the second anniversary celebration of its distributor. Michael Kerr and Stephen Sinclair, co-founders of the brand, shared the brand’s origin story and introduced the initial product range to an audience of over 600 influencers and reseller partners.

    Ahead of its official launch in Southeast Asia, the company has shipped its products to the region, with nine products now up for sale in that market. Additionally, Me Today had the opportunity to exhibit its brand to an estimated 100,000 purchasers at the Children, Baby, and Maternity Expo in Shanghai.

    Back home in New Zealand, Me Today is preparing to further expand its product portfolio. The company has plans to launch an additional 20 products before the year’s end.

    Questions & Answers

    What are Me Today’s plans for international expansion?
    According to the brand’s co-founders, Me Today is focusing on Southeast Asia and China for its international expansion. The company has already begun promoting its brand in these regions and has introduced its product range to hundreds of potential partners and influencers.

    How many products does Me Today plan to introduce by the end of the year?
    Me Today aims to introduce 20 new products in its home market, New Zealand, by the end of the year.

    What is the company’s revised earnings guidance?
    While the exact figures are yet to be released, Me Today anticipates a rise in gross revenue and a slower decline in EBITDA than previously predicted.