innovation
Stories tagged innovation.
Hong Kong heritage brands diversify and franchise to survive tough market
Second- and third-generation owners of Yung Kee, Kader Holdings and Asia Allied Infrastructure are pivoting with new concepts, franchising and diversification to navigate rising costs and shifting consumer habits.
Consumer Goods Companies Turn to AI for Faster Innovation
L'Oréal and other consumer goods giants are integrating artificial intelligence into product development to accelerate innovation and reduce costs amid changing consumer preferences.
Raeso Launches Circadian Skincare Line Based on Nobel-Winning Science
Beauty veteran Katey Mandy has founded Raeso, a skincare brand that aligns products with the skin's natural 24-hour cycle, drawing on circadian biology research and New Zealand botanicals.
Perseve Hair Brings Korean Innovation to Mass Haircare Aisle
Perseve Hair launches a new line blending Korean beauty philosophy with professional salon expertise, targeting the mass haircare market with projected 2026 revenue of $2M-$5M.
Beauty CEOs Urge EU to Simplify Regulations
The Value of Beauty Alliance, a CEO-led industry group, is calling on EU policymakers to reduce regulatory complexity, warning that compliance burdens are hindering innovation and growth in Europe's beauty and personal care sector.
Unilever Invests $270 Million in AI-Powered Global Innovation Center in Connecticut
Unilever is building a $270 million Global Innovation Center in New Haven, Connecticut, set to open in spring 2029. The facility will use AI, bioscience, and neuroscience to accelerate product development.