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APR Corp., the parent of skincare brand Medicube, has seen its stock soar 200% this year, pushing its market value past US$4 billion and making 36-year-old founder Kim Byung Hoon South Korea’s newest beauty billionaire.
UK period care brand Here We Flo has removed several sustainability-related claims from its pad and liner packaging, including “plastic-free” and “no synthetic fibres,” following a complaint filed by rival brand Mooncup.
Henkel has named Rajat Agarwal as President of its North America region, effective July 1, 2025. Agarwal takes over from Pernille Lind Olsen and will continue to serve as Corporate Vice President, Packaging for Henkel Adhesive Technologies
Malaysia has enacted a full ban on plastic waste imports from the United States, effectively halting a key supply route for recycled plastic materials used in global manufacturing — including cosmetics and personal care packaging.
The UK’s beauty and personal care sector contributed £30.4 billion to GDP in 2024, growing significantly faster than the overall economy, but employment and export levels are expected to decline in 2025.
Louis Vuitton has opened a cruise ship-inspired concept store in Shanghai’s Taikoo Hui mall, combining retail, exhibition, and hospitality spaces, including a dedicated section showcasing vintage beauty and grooming products.