For the first time, NX NIVEA Accelerator has launched the accelerator program for the top 5 startups from Shanghai, China. NX is excited to welcome the first batch of NX China and the following five startups into their progam.
Lillycover, a startup from the NX NIVEA Accelerator program this year, announced that it has raised $4 million in a Series A funding round led by POSCO Capital, TBT Partners, IBK, KITE Entrepreneurship Foundation and more.
South Korea-based start-up Picky Inc has recently joined Beiersdorf's NX NIVEA Accelerator program, which it hopes will help it to expand its global presence and make a "great impact" on the skin care industry.
NX NIVEA Accelerator has recently announced its newest members for the third batch of the acceleration program. NX is excited to welcome the third batch and the following five startups into their progam.
NX NIVEA Accelerator announced that it has selected the top five beauty startups for its first batch in China. Serving as the second global market after Seoul, NX has now expanded its program into Shanghai.
What does the future of the beauty industry look like? The answer lies in the consumers, especially in younger consumers. To understand where the beauty industry is heading, we need to take a closer look at the Generation Z.
Compared to other industries, eCommerce grew steadily despite the ongoing pandemic. Most consumers shifted to online shopping now. Developed by AIONCO, one of NX startups, YESBEE provides a solution for K-Beauty brands.
The beauty industry is particularly affected by the global pandemic. However, behind the setbacks from the pandemic, a fresh new start may be waiting. NX described the biggest trends for the future of beauty retail.
Clean beauty has been one of the most searched terms over the past few years and has been staying on top of the search results also for this year. NX collected a handful of remarkable Asian clean beauty startups.
Last year’s events have been unexpected to say at least. As the world changed, people’s beauty routine, habits and consumption has changed too. NX has gathered the biggest beauty trends for 2021 in this list.
One of NX startups, Femmue is aiming to reinforce its position in Korea, Japan, the US and UK to maintain 2020's momentum where it saw sales grow by two and a half times. Let's hear about Femmue story.
Asia has grown independent and leading others in terms of technology and innovation. In line with it, there is a valuable leverage through accelerators in Asia. Here are some of the biggest and renowned accelerators across Asia.
At the interview with Cosmetics Design Asia, NX introduced CHAUL. NX says it is hopeful of Asia-wide success for its new skincare brand, which was developed specifically to address 'high beauty standards' of Korean consumers.
Beiersdorf Korea announced the launch of its new premium face care brand 'CHAUL' based on fermented tea from Hadong, Korea. CHAUL is the first brand exclusively developed and launched in Asia.
At the interview with The Korea Times, NX NIVEA Accelerator introduced the program and shared its plan. Under the goal of becoming No.1 Accelerator in Asia by 2022, NX empowers beauty startups.
Korean beauty startup LYCL Inc. has outlined strategic plans to advance its expansion beyond its home market and into new product categories following a fresh injection of funding from Beiersdorf and other investors.
Beiersdorf participated in a 5 million USD Series B funding round by the LYCL Inc. This is the second investment following last year, and it will further strengthen NX's support for LYCL's business growth.
South Korean startup Woohwaman believes their interactive co-creation platform and direct insight into consumer's needs could prove useful to other cosmetic companies as a source of ideas for NPD.
South Korean startup Ice Creative is banking on its extensive network of Korea's hottest influencers to create hit beauty products that resonate with consumers. Here's the detailed the story of Ice Creative.
At the interview with KOTRA Express, the monthly newsletter published by Korea Trade-Investment Promotion Agency (KOTRA), NX talked about the Korea's skincare industry and its experiences doing business in Korea.
Beiersdorf's NX NIVEA Accelerator is aiming to become the top accelerator in the industry by 2022 in Asia. NX hopes to expand the program into the wider Asian region. Let's hear more about NX.
NX NIVEA Accelerator has recently announced its newest members for the second batch of the acceleration program. NX is excited to welcome the second batch and the following five startups into their progam.
Beiersdorf announced the top five beauty startups for its second batch of the NX NIVEA Accelerator. An international jury selected the startups based on their innovative business models and digital capabilities.
Korean beauty startups have found great success in Korea. They also are looking to bring a lot of innovation into their beauty products. Here are the top 10 Hottest Korean Beauty Startups to watch in 2020.
The beauty industry is always changing as it tries to keep up with the latest consumer trends. As a part of this movement, big corporates are partnering with beauty startups to work with new exciting and innovative companies.
The beauty industry became a vibrant environment for investments. Especially beauty startups are hot targets for investment or M&A activities. Also, the large beauty corporates have been very active in closing deals.
Within the consumer goods sector, beauty is considered the fastest-growing category. With the rise of the beauty space, investors have been paying close attention to identify new trends and investment opportunities.
We’re sure 2020 will bring us new Beauty Technology that we can’t even imagine yet. However, for now, let’s look at some of the hottest Beauty Tech trends that are sure to keep influencing the industry right through the year.
NX NIVEA Accelerator, built with the expertise of Beiersdorf, the German multinational personal-care company, is attractive to rising startups hoping to connect with an international network.
Beiersdorf has acquired a significant stake in Seoul-based LYCL Inc., which runs Unpa. With this investment, Beiersdorf became the second largest shareholder of the rapidly growing skin care and beauty tech start-up.
After carefully reviewing 200 beauty startups, NX NIVEA Acelerator was able to recruit the five startups for the first batch of the NX program.
NX NIVEA Accelerator held the official opening ceremony. The party was joined by the five selected startups and a host of guests.
NX NIVEA Accelerator selected the first five startups through a thorough evaluation of more than 200 K-beauty startups in South Korea.
"We believe NX will produce positive results as it values internal stability as a program that aims for equal partnerships."
"NX is a prime example of how beauty and beauty tech startups can be supported by a big corporate."