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Business & Financial

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China economy slows but cosmetic sales remain strong

23-Oct-2014 - Latest data from the China Bureau of Statistics shows that the country’s economy grew at the slowest pace in five years, but that consumer sales, and specifically those for cosmetics,...

L'Oreal to launch multi-cultural division starting with Carol's Daughter acquisition

21-Oct-2014 - L'Oreal signed this week to acquire the multicultural beauty brand and plans for it to continue under current leadership while making full use of its expertise in the multicultural beauty...

AmorePacific aims to be the biggest cosmetics company in Asia by 2020

21-Oct-2014 - AmorePacific has got big goals in mind, including a significant expansion programme that aims to make it the biggest cosmetics player in Asia and one of the biggest globally, according to...

Symrise further invests in African market to strengthen presence

21-Oct-2014 - Symrise is strengthening its presence in the fast-growing West African with a new location in Lagos, Nigeria which will cover the Scent & Care and Flavour & Nutrition segments.

Croda E-seminar to focus on simplifying Chinese regulations

21-Oct-2014 - Croda’s personal care e-seminar series will focus on the Chinese marketplace to provide a better understanding of the evolving regulatory landscape.  

News in brief

DSM announces new Personal Care appointment

17-Oct-2014 - DSM’s Personal Care Business Unit announces a new management appointment as Gaëlle Bathany-Di Mascio joins as Head Global Key Account Management. 

News in brief

Investment world gives thumbs up to Nu Skin credit facility

16-Oct-2014 - Shares in US-based Nu Skin spiked yesterday on the back of renewed investor confidence after the company announced the confirmation of a $375m credit note with the Deutsche Bank.

News in brief

Chinese FDA gives DSM the go ahead on organic bioactives line

16-Oct-2014 - DSM’s Alpaflor personal care portfolio is now fully listed by the Chinese Food & Drug Administration.

Procter & Gamble sets new sustainability objectives across the supply chain

15-Oct-2014 - The company announced this week its intentions to further limit water use and packaging as well as to take advantage of more renewable materials by 2020.


Experts give mixed response on Coty’s Bourjois acquisition

08-Oct-2014 - Shares have risen in Coty since it announced its intention to acquire luxury fragrance and color cosmetics brand Bourjois from Chanel, but a Euromonitor analysts says the deal does not...

Coty puts $239m bid in for Chanel’s Bourjois cosmetics brand

08-Oct-2014 - Fragrance, colour cosmetics and skin care brand owner Coty has confirmed a binding offer to acquire Bourjois cosmetics from Paris-based fashion house Chanel.

Cosmetic shipments on the up in China and Hong Kong

08-Oct-2014 - According to Customs Service statistics; from January to August of this year, Korea exported the most cosmetics to China - 19,358 tons (US$323 million), knocking Japan off of the top spot....

Malaysian trade body points suppliers towards Brazil market

08-Oct-2014 - The Malaysia External Trade Development Corporation (Matrade), says that Malaysian exporters should be targeting huge growth potential in the still booming Brazil beauty market.

People On The Move

DSM makes four major appointments within its personal care division

07-Oct-2014 - Switzerland-based DSM has made four management appointments within its personal care business, targeting the direction of its North American, EMEA and global operations.

Australian company develops natural-based line targeting Asian skin

07-Oct-2014 - Melbourne-based Baxter Laboratories has upped its presence in the skin care arena with its first ever product line specifically developed for Asian skin types.

Cosme Tech 2014 unveils full conference programme

02-Oct-2014 - The Cosme Tech 2014 event has lifted the lid on its full conference programme for next month’s show, which will include 20 full presentations that will mostly be available in English....

News in brief

L’Oreal suspends business travel to Hong Kong amid protests

01-Oct-2014 - L’Oreal has put in place a ban restricting all staff from travelling to Hong Kong for business until October 6, due to the mounting unrest there.

Avon cleared of bribery charges in China

30-Sep-2014 - Cosmetics maker Avon has been cleared of the bribery charges it faced in China by a New York Judge, in a case that had been ongoing for a number of...

L’Oréal’s Pune facility hits environmental targets

30-Sep-2014 - L’Oréal says that its only production facility in India has hit tough environmental targets the company has self-imposed, reflecting its global ambitions to reduce its environmental footprint.

L’Oréal inaugurates carbon neutral hair care facility

26-Sep-2014 - L’Oréal has opened its brand new hair care production facility in Burgos, Northern Spain, which has been designed as a biomass plant, enabling the cosmetics giant to term it carbon...

Shiseido steps up marketing push with Academy and brand manager system

24-Sep-2014 - Japanese cosmetics player Shiseido will introduce a brand manager system as it looks to transform itself into a ‘global marketing company’ and build on the in-house marketing academy it has...

Mannatech expands into Asia with Singapore operations

24-Sep-2014 - Skin care and nutritional supplements provider Mannatech has opened a new associate business centre in Singapore as part of plants to expands its Australasian business division into the city state.

Slowdown in Japan sees brands looking for new opps in Vietnam

23-Sep-2014 - Following a slowdown in its’ domestic market, Japanese manufacturer Naris Cosmetics has expanded its' business into Vietnam’s market. 

Russia’s sanctions slowing down cosmetics business

16-Sep-2014 - Global personal care players are reporting the Russian cosmetics market to have slowed down due to sanctions imposed on Russia by western countries as well as the ongoing military conflict...

Pond's skin whitening ad in Pakistan raising eyebrows

16-Sep-2014 - Western observers of the ever-popular skin-whitening trend in Asia continue to voice their disapproval, with a recent Pond’s advert in Thailand, which features the tagline ‘Dark Out, White In’, sparking...

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