While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
US-based private equity investment firm TPG Capital has completed the previously announced acquisition of Chinese cosmetics packaging company HCP from members of the founding Chen family for about $500m. HCP has manufacturing facilities ...