Mail slow? View this month’s issue, right online!
Our digital version is easy to share with colleagues. See this month’s issue and digital versions of previous issues too.
A one-on-one interview conducted by our editorial team with industry leaders in our market.
Discover the newest promotions and collaborations within the industry.
Easy-to-digest data for your business.
Shampoos, conditioners, colorants and styling products created by leading industry suppliers.
Creams, serums, facial cleansers and more created by leading suppliers to the skincare industry.
Detergents, fabric softeners and more created by leading suppliers to the fabric care industry.
Eyeshadows, lipsticks, foundations and more created by leading suppliers to the color cosmetics industry.
Bodywashes, and bar and liquid soaps created by leading suppliers to the personal cleanser industry.
Hard surface cleaners, disinfectants and more created by leading suppliers to the home care industry.
Eau de parfums and eau de toilettes, body sprays, mists and more created by leading suppliers to the fragrance industry.
UV lotions and creams, self-tanners and after-sun products created by leading suppliers to the suncare industry.
A detailed look at the leading US players in the global household and personal products industry.
A detailed look at the leading players outside the US in the global household and personal products industry.
Looking for a new raw material or packaging component supplier? Your search starts here.
When you need a new manufacturing partner or private label company, get started here.
Who owns that? To keep track of leading brands and their owners, click here.
An annual publication, Company Profiles features leading industry suppliers with information about markets served, products, technologies and services for beauty, pesonal care and home care.
New products and technologies from some of the brightest minds in the industry.
A one-on-one video interview between our editorial teams and industry leaders.
Listen to the leading experts in the global household and personal products industry.
Comprehensive coverage of key topics selected by sponsors.
Detailed research on novel ingredients and other solutions for the global household and personal care industry.
Company experts explain what works and why.
Exclusive content created by our affiliates and partners for the household and personal care industry.
Exciting news releases from the household and personal care industry.
Our targeted webinars provide relevant market information in an interactive format to audiences around the globe.
Discover exclusive live streams and updates from the hottest events and shows.
Looking for a job in the household and personal care industry, search no further.
Get your products and services in front of thousands of decision-makers. View our print and online advertising options.
Follow these steps to get your article published in print or online
What are you searching for?
Takes a minority stake in Shinehigh Innovation, a firm specializing in supramolecular chemistry, to overcome common formulating challenges.
September 25, 2023
By: TOM BRANNA
Chief Content Officer
L’Oréal has made a minority investment in Shinehigh Innovation, a biotechnology company in China. The move establishes a long-term partnership for the co-development of novel and sustainable beauty solutions, according to L'Oréal. This is L’Oréal’s first open innovation investment in China through Shanghai Meicifang Investment Co., Ltd (Meicifang), with the support from BOLD (Business Opportunities for L’Oréal Development), L'Oréal Groupe’s strategic innovation venture capital fund company. It is also the first investment from L’Oréal’s well-known Big Bang Beauty Tech Innovation Challenge initiated four years ago in China, proving the successful achievement in China’s open innovation ecosystem. “The fast paced and unique ecosystem of startups in China is an incredibly important enabler of our future strategy of innovation at L’Oréal,” explained Barbara Lavernos, Deputy CEO of L'Oréal Groupe in charge of Research, Innovation and Technology. “This is why we are extremely excited to pursue this new investment and partnership with one of these highly innovative Chinese Biotech Startups: ShineHigh. This partnership which will enable us, thanks to their world-leading application of supramolecular technology in the beauty industry, to bring breakthrough new performances to the beauty market. We are delighted to enter this exclusive beauty partnership with the pioneering team of Shinehigh.” Shinehigh Innovation is a Chinese startup created in 2017 by Prof. Jiaheng Zhang that specializes in cutting-edge supramolecular chemistry. Its breakthrough smart self-assembling technology allows previously impossible ingredient combinations, resulting in end-products with greater efficacy and sustainability. The partnership will enable L'Oréal to unlock the full potential of raw materials, overcoming known limitations such as incompatibility, instability and delivery, to develop innovative skin, hair and scalp formulations with a wider range of benefits, according to L'Oréal executives. “We have long-term confidence in the Chinese market,” said Fabrice Megarbane, president of L'Oréal North Asia Zone and CEO of L'Oréal China. “After 25 years’ development, China has become the Groupe’s inspiration cradle of future innovation. Under our firm belief in co-creation, we initiated Big Bang four years ago, and founded L'Oréal China’s investment company Meicifang last year. I am so thrilled to see all our efforts have harvested fruits today: investing in Shinehigh Innovation, our 2022 Big Bang winner. Now Big Bang has been extended to the North Asia Zone, and we expect to invent the future of beauty with more partners for North Asia and the global beauty market.” Started in 2020, Big Bang aims to work with startups to co-create innovative solutions to more personalized products, services and experiences for consumers. During the four-year journey, Big Bang has attracted more than 1,500 Chinese startups and nearly 20 French startups in China, with 30 winners and more than 50 pilots launched. The five tracks of Big Bang are Phygital Consumer, Operation 4.0, Future Science, Generative AI and Sustainability, with one special “France” track. This program has now become a benchmark for Sino-French cosmetic industry cooperation. L'Oréal has now rolled out Big Bang across the whole North Asia, with MOU signed with Korean Ministry of SMEs and Startups (MSS) on 2023 VivaTech. This is the first regional beauty tech innovation challenge, aiming to leverage the unique strength of each market and the dynamic ecosystem of the Beauty Triangle to co-create the future of beauty for North Asia and the world “I am delighted to cooperate with L’Oréal Groupe, a global leader in the beauty industry,” said Jiaheng Zhang, founder and CEO of Shinehigh Innovation. “We have jointly conducted research on the supramolecular development of multiple active raw materials in the fields of skincare, makeup, hair care, and hair coloration. This is of great significance for the industrialization and landing of cutting-edge supramolecular technology. We look forward to exploring more possibilities in raw material research and development, application, and global market development together!” To learn more about the growing role of biotech in beauty, and to learn more about the latest L'Oréal innovations from L'Oréal President Nathalie Gerschtein, register today for Happi's Wellness Conference, November 3 in New York City.
Enter the destination URL
Or link to existing content
Enter your account email.
A verification code was sent to your email, Enter the 6-digit code sent to your mail.
Didn't get the code? Check your spam folder or resend code
Set a new password for signing in and accessing your data.
Your Password has been Updated !
