SUBSCRIBE

Breaking News on Cosmetics Formulation & Packaging in Asia-PacificEU editionUS edition

Headlines > Business & Financial

Business & Financial

Want to know who's acquiring who and which cosmetic international brands are making rapid expansions into Asia? 

Look no further and bookmark this section here!

Avon turnaround on track as company posts Q3 profit

30-Oct-2014 - Avon Products has made progress in its turnaround bid by posting third quarter net income attributable to the company of $91.4 million, versus a loss of $5.5 million a year earlier.

L’Oreal Travel Retail to launch dermocosmetics and hair brands in Asia and Americas

29-Oct-2014 - L’Oreal’s Travel Retail Division is launching its Vichy, La Roche-Posay and Kérastase brands in selected Travel Retail locations in Asia and the Americas, as it looks to capitalize on its...

L’Oréal renews logistics contract in Indonesia

29-Oct-2014 - As part of its business expansion plans in Indonesia L’Oréal says it is about to renew its logistics management contract with global supply chain management company CEVA....

Beauty and Personal Care hold firm for P&G during tough time

28-Oct-2014 - Procter & Gamble is feeling confident with its Personal Care business after it stood firm in a difficult quarter that fell below expectations.

Australia / US free trade negotiations – nanolabelling on the agenda

28-Oct-2014 - It's been ten years since Australia was involved in Trans-Pacific Partnership talks, and this time around nanoparticles and nanolabelling are high on the agenda.

News in brief

Saha Pathana scopes out cosmetics production in the Philippines

28-Oct-2014 - One of Thailand’s largest consumer goods companies, Saha Pathana has says it is looking into sights with the intention of setting up cosmetics manufacturing facilities in the Philippines.

P&G management reshuffle announced as streamlining continues

23-Oct-2014 - Procter & Gamble announces a number of changes to its management team in line with its plan to streamline the business by putting key personnel in place in core business...

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.

Analysis

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...

Key Industry Events