Industry News
Ingredients, technology, hero products and brand moves in beauty — daily AI-curated briefs with sources cited.
Zhongshan Cosmetics Industry Output Value Exceeds 14.3 Billion Yuan in 2024
Zhongshan's cosmetics industry output value exceeded 14.3 billion yuan in 2024. Several local contract manufacturers are attempting to launch their own brands, reflecting a shift from manufacturing to branding.
Source:中山Plus2026 Functional Skincare Contract Manufacturer Directory: 12 Guangdong-Based Players Analyzed
A 2026 compilation of functional skincare contract manufacturers in China has been released, covering 12 makers based in Guangzhou, Guangdong and other regions. The overview organizes and analyzes each company's profile, offering brands a reference for screening manufacturing partners.
Source:t.cj.sina.cnLVMH CEO Bernard Arnault Falls Out of World’s Top 10 Richest List
According to Bloomberg Billionaires Index, LVMH Chairman and CEO Bernard Arnault dropped out of the global top ten last week, the first time since 2017. His wealth fell by about US$65bn year-to-date to roughly $143bn, as tech tycoons took the top spots.
Source:Cosmetics BusinessTHG Beauty revenue rises on skincare and TikTok Shop momentum
THG Beauty revenue grew 5.9% in H1, fueled by skincare demand and TikTok Shop expansion. Despite a dip in gross margins due to order timing, the group remains cautiously optimistic about H2 growth.
Source:Cosmetics BusinessCosmax and the Mid-Game Battle of Beauty OEMs
CBNData published a feature on Cosmax, examining the competitive landscape facing beauty contract manufacturers during an industry transition. The OEM sector is entering a mid-game phase where comprehensive capabilities determine winners.
Source:CBNData-第一财经商业数据中心Cosmoprof CBE ASEAN 2026 Launches Cosmopack Packaging Exhibition
Cosmoprof CBE ASEAN 2026 will feature a new Cosmopack CBE ASEAN section. This move integrates beauty packaging supply chain resources to provide a more comprehensive exhibition solution for the regional market.
Source:Beauty PackagingInside the Creation and Curation of Liberty and Lookfantastic’s Beauty Advent Calendars
Circana data shows UK premium beauty advent calendar value growing faster than volume. Liberty and Lookfantastic leaders share curation insights, revealing the category's importance and earlier stocking trends.
Source:Cosmetics BusinessSephora Expands Inclusive Quiet Hours Across European Stores
LVMH-owned Sephora is expanding its 'Quiet Hours' initiative to stores across Europe. By dimming lights, lowering music, and minimizing strong scents, the retailer aims to create a calmer environment. 90% of surveyed customers felt the initiative enhanced inclusivity.
Source:Cosmetics BusinessMedia Reviews Comprehensive Strength of Cosmetic OEMs for 2026
Phoenix.com published a review on the comprehensive strength of cosmetic OEM/ODM suppliers for 2026, focusing on the "worry-free" dimension of factory selection. For brands, choosing the right contract manufacturer directly affects product execution efficiency and compliance risk.
Source:凤凰网TRI-K Opens Mexico Subsidiary
TRI-K held a ribbon-cutting ceremony for its new Mexico City subsidiary on September 24th, marking its establishment of a direct branch in the region. This move aims to provide localized technical support and respond more closely to the supply chain and collaboration needs of customers in Mexico and Latin America.
Source:Cosmetics BusinessGuide to 10 Major Global Beauty Expos in 2026
Global Sources published a guide to 10 world-famous beauty expos for 2026. The resource aims to help brands and buyers plan annual supply chain tours by consolidating key global exhibition opportunities, thereby enhancing cross-market procurement efficiency and industry networking precision.
Source:Global SourcesL’Oréal Launches Second Cohort of L’AcceleratOR Sustainability Programme
L'Oréal announced the 13 firms for the second cohort of its L'AcceleratOR programme. Backed by a €100m endowment over five years, the initiative expands its geographic reach and includes its first water-technology selection.
Source:Cosmetics BusinessL'Oréal Canada Appoints Fortier-Cyr as Chief Digital & Marketing Officer
L'Oréal Canada has appointed Amélie Fortier-Cyr as its new Chief Digital & Marketing Officer. She succeeds Marc Dicko, who moved to the SAPMENA region, and will report directly to the Canadian president. The appointment highlights the group's focus on the Canadian market and its digital transformation needs.
Source:Cosmetics BusinessCosmoprof launches 'The Invisible Beauty' project for industry behind-the-scenes
Cosmoprof launches the 'Invisible Beauty' communication project, focusing on behind-the-scenes people and processes. This serves as a precursor to the 60th anniversary in 2027, redefining supply chain value.
Source:Cosmetics BusinessHeritage Houses Maintain Dominance in Premium Retail
Despite the surge in DTC and niche brands, heritage houses still capture the majority of premium revenue. Their core advantage lies in resolving pre-purchase uncertainty, converting heavy R&D and marketing costs into a trust barrier that raises the entry threshold.
Source:Cosmetics Business