Search Results for: Korean

Chinese tourism is changing the locations where cosmetics are sold internationally – and also changing how corporations are marketing to a savvier and better travelled breed of Chinese consumers, according to a detailed research report by a Hong Kong investment bank.…

Considering the ongoing doldrums within the global economy, 2015 was not a bad year for South Korea’s coatings manufacturers. The sector’s cautiously positive sentiment mainly survived because Korean coatings consumption has been boosted by a domestic construction boom that made up for lacklustre demand from the east Asian export powerhouse’s carmakers and shipbuilders.…

MANUFACTURERS of powder coatings in Asia are creating multiple applications products, such as combined fire retardants and anti-bacterial materials, whilst looking to maximise the use of sustainable ingredients. Producers in Japan, Taiwan, and South Korea especially continue to produce innovative solutions.…

If there is one region in the world that could benefit from a rationalisation of corporate governance structure, it is surely Asia, with its shifting sands of complex company ownership structures. Globalisation has only increased the size of subsidiary/parent relationship webs.…

VIETNAM as almost a “sole supplier of textile products” among Trans-Pacific Partnership (TPP) member countries is banking on the TPP deal to expand its textile market share, according to VITAS – the Vietnam Textile and Garment Association. Moreover, a spokesperson from the association said that “many Hong Kong, South Korean, and Australian firms are developing and planning major textiles FDI [foreign direct investment] in Vietnam to produce yarn and fabric, the supporting textiles industry for apparel production.”…

The beauty and personal care (BPC) market in Italy ended 2015 on a positive note, recording marginal growth in market sales, production and exports, according to a December 2015 report ‘Trends and Investments in the Cosmetics Sector’, released by the national cosmetics trade association, Associazione Italiana delle Imprese Cosmetiche (Cosmetica Italia).…

A year after the Russian rouble suffered its worst single-day drop in exchange rate value in 16 years, Russians are more cautious about buying cosmetics and are showing a tendency to downgrade to cheaper products or seek out sales items. Experts are expecting increased competition in these lower cost segments in the coming years, as well as growing consumer interest in local brands and natural cosmetics. …

If the 2013 and 2014 were all about the rise of South Korean personal care product brands in China, then 2015 was the year that regional currency wars and weaker economic sentiment at home dictated how Chinese consumers spent on cosmetics and toiletries.…

IT has been a tough year for China’s growing economy, which has experienced some unexpected faltering in 2015, but facial care product sales have continued to surge ahead.

Retailers of these products have posted strong and sustained growth rates, increasing by 8% in the whole of 2014 to Chinese Yuan Renminbi – CNY142 billion (USD22.1 billion) and are estimated to have grown by another 10.2% in 2015, to CNY (also known as RMB) 156.4 billion, according to market researcher Euromonitor International.…

AUTOMAKERS in Europe are looking at what potential benefits they could draw from a future upgrade of a 15 years’ old free trade agreement (FTA) between the European Union (EU) and Mexico.
The two sides announced on Monday (May 11) that they are planning to start negotiations later this year, making it more comprehensive involving more regulatory harmonization than the existing deal that largely focused on tariff reduction: “We are aiming for an EU-Mexico deal that is comparable to the one with Canada and to the one to be concluded with the US”, the EU trade Commissioner Cecilia Malmström said, speaking in Brussels.…