The U.S.-based subsidiary of Japan’s Kao Corporation has appointed Karen Frank as president of its mass business for the Americas and Europe, and Jesse Grissom as president of operations in the Americas.
Luxury Brand Partners, an incubator of cult-favorite brands like Becca Cosmetics, Oribe Hair Care and Pulp Riot, said the investment is part of a larger growth plan set to include several new brand launches.
On wasteland once used for earthquake drills in the small town of Otawara north of Tokyo, Japan's Shiseido has built its first domestic factory in 36 years, hoping to capitalise on a boom for "Made in Japan" cosmetics.
Molton Brown is looking to further expand its business operations in Asia, and grow its presence in the travel retail space with new partnerships with hotels and airlines in Japan and other Asian countries.
Molton Brown is the latest brand making a foray into the fragrance business.The premium British beauty brand, known for its luxury bath and bodycare products, is launching a unisex fragrance line this on September 18.
The Japanese cosmetics group announced on Thursday that company sales increased more than 2% in 2017, while net profit gained 16%, on the back of last year's tourist influx in Japan and strong sales across Asia.