Global Cosmetics News – Weekly Review | Week 2, January 2026

This week, the global cosmetics and personal care industry highlighted the growing convergence of technology, health and retail, as brands, manufacturers and investors responded to shifting competitive dynamics while navigating rising expectations around innovation, performance and trust.

Scientific and sustainability-led developments remained active across global R&D ecosystems. Beiersdorf partnered with HIPS on long-term skin microbiome research, while Saga University announced plans to launch Japan’s first public cosmetics science faculty. L’Oréal also named the first 13 startups selected for its sustainable innovation accelerator.

Technology and digital commerce developments extended beyond the cosmetics sector itself. At CES 2026, iPolish unveiled colour-changing smart press-on nails. Amazon began UK drone flights ahead of the launch of Prime Air, and Google introduced retail AI agents designed to support agentic shopping.

Retail expansion and market access remained a central focus for brands. Patrick Ta Beauty launched at Sephora Middle East, while Reliance Retail introduced K-beauty brand Hince to India through Tira. At the same time, Valentino Beauty exited South Korea amid intensifying competition.

Structural pressure within global retail continued to affect the wider luxury ecosystem. Saks Global progressed through bankruptcy proceedings, with Chanel and Kering listed among the group’s top unsecured creditors. A former Neiman Marcus CEO was set to lead Saks Global through the bankruptcy process.

Brand positioning and market presence developments also featured across Asia. Chinese beauty chain ONLY YOUNG was accused of copying the branding of South Korean retailer Olive Young, while Serge Lutens, part of Shiseido, opened its first standalone store in Chi

Investment, performance and cost management remained in focus across the sector. Secret Alchemist raised US$3 million in funding led by Unilever Ventures, while THG shares rose as its Beauty unit outperformed in Q4 and returned to full-year growth. cosnova Beauty pledged to hold pricing steady despite tariff and cost pressures.

Strategic partnerships and executive changes continued to shape brand and market activity. Mao Geping Cosmetics signed a strategic cooperation agreement with L Catterton Asia, while Makeup by Mario Global President Alicia Valencia stepped down.

Product innovation and format experimentation remained active across key markets. Shiseido developed next-generation washable mascara technology, while Anya Hindmarch opened a collaboration concept store with Boots in London.

Taken together, this week reflected an industry operating across increasingly blurred boundaries, as cosmetics and personal care groups balanced scientific progress, technology-led change and evolving retail structures alongside ongoing cost and competitive pressures. With innovation accelerating across both products and commerce, priorities continued to centre on disciplined execution, trusted performance and long-term capability building.