Mainland Chinese consumers are increasingly joining the health and
beauty craze which is gripping the west and as such have helped US
personal care group Nu Skin Enterprises to a 400 per cent increase
in revenues there during the...
The rapid growth in the use of the natural antioxidant CoQ10 in the
cosmetics and supplement industry has prompted the Japanese
corporation Kaneka to build a new plant in the US and to establish
an American subsidiary to service the...
The organisers of Propak Asia expo, held in Bangkok last month,
claim that strong growth and an upward trend in investment in the
region's processing and packaging markets were reflected by record
attendance, with particular...
German maker of Schwarzkopf hair care products Henkel recently cut
its sales growth target by nearly half to 2 per cent, blaming a
sluggish market, both at home and in other European countries.
Although Europe is a world leader in chemical production, holding
28 per cent of the world market, its proportion of global trade has
dropped by 4 per cent over the past decade. The time has come to
take action, according to two industry...
Shiseido's premium skincare line 'Beauty Voltage' is not only an
experience for the skin but for the eye as well, courtesy of BASF's
Variocrom variable colour pigment.
Japan's second largest manufacturer of household goods Lion is to
terminate a hair care product joint-venture agreement with a
Japanese unit of German company Henkel.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
China's metrosexuals, the "ai-mei nanren" (love-beauty men), are
spending their rising disposable incomes in beauty salons, and
contributing to the 8 per cent value growth experienced in the
country's cosmetics...
BASF has introduced Luviset Clear, a new resin to its range of
cosmetics and personal care ingredients that is a copolymer of the
classic vinylpyrrolidone with methacrylamide and N-vinylimidazole,
suitable for hair mousses, styling...
Cosmetics ingredients developer and manufacturer Gattefossé has
encountered a culture clash with its latest -- sexually explicit --
product newsletter.
British based cosmetics retailer The Body Shop has said its UK
business continues to provide cause for concern after first-quarter
sales dipped 4 per cent.
Inter Parfums has announced a worldwide license agreement with
Lanvin to create, develop and distribute fragrance lines under the
Lanvin brand name over the next 15 years.
Skincare technology company Radiancy aims to raise £30 million (€45
m) through its flotation on the London Stock Exchange next month.
One look at Radiancy's corporate profile tells you that it is a
small company with big ideas...
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Representatives from members of the Association of Southeast Asian
Nations (ASEAN) have gathered for a three-day cosmetics conference
in Bangkok to discuss the regulatory environment of the cosmetics
industry.
Alberto-Culver has announced that it has completed the sale of its
Indola professional hair care business to Henkel. The transaction,
effective 1 June 2004, is the latest in a series of mergers and
acquisitions in the salon hair care...
The days when it was enough for a shampoo to cleanse and a
conditioner to soften are gone, said Croda's Nick Challoner,
announcing the company's new active ingredients for hair care
products.
Moritex Europe has launched an electronic device that measures skin
moisture, elasticity, oiliness and sebum content for professional
use in salons and at point-of-sale that can demonstrate the
efficacy of beauty products.
European beauty chain Sephora launched the Californian-based
Smashbox cosmetics line to its rue de Rivoli store in Paris
today, writes Louise Sheridan.
German hair and beauty product producer Wella has this week
announced both the most profitable first quarter in the company's
history and the signing of a purchasing agreement with Procter
& Gamble, writes Louise Sheridan.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...
Anti-ageing, cellulite and skin whitening are the words on
everyone's lips this year at InCosmetics 2004 in Italy. As Estee
Lauder reports double digit sales for its third quarter, the
company's R&D vice president Dr...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...
The Food and Drug Administration (FDA) and the Chinese government
have announced a trading agreement to reverse action taken in China
earlier this year that suspended, on public health grounds, the
importation of US cosmetics.
Swallowfield - a UK cosmetics and toiletries manufacturer - is to
overhaul business in a bid to reposition itself as an international
supplier of contract outsourcing services to the toiletry,
household and cosmetics markets. Operations...
As a global shift emerges towards increased hypermarket sales of
toiletries and cosmetics, there seems to be little standing in the
way of Tesco's health and beauty sector cashing in on the growing
trend.
Having announced strong half-yearly results, Malaysian Palm Oil
producer Golden Hope says that it will be looking to markets such
as China to exploit its growing oleochemicals division in an effort
to increase its presence in the...
The Lubrizol Corporation has announced the acquisition of Noveon
International, a speciality chemical producer, to create a combined
company. The move complements Lubrizol's existing businesses in
fluid technologies and will...
L'Oréal has announced a good start to 2004 following the release of
its first quarter results. The company saw growth in all of its
cosmetic divisions despite a high base of comparrison against last
year's results. The dermatology...
Vorwerk & Co - a German direct selling business - has announced
it is to acquire beauty care company Jafra Cosmetics. The
acquisition represents the expansion of Vorwerk into the cosmetic,
fragrance and skin care market, the largest...
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
Japanese cosmetics company Shiseido is gearing up to roll out Aroma
Works - a cosmetics and beverage brand - to be launched in
collaboration with US soft-drink manufacturer Coca Cola.
Disposable wipes have evolved into a global business concept
generating more than $5 billion in sales a year, reports
Euromonitor. Achieving strong double-digit growth year after year,
the category now assumes a major role in the...
University of Sydney researchers have found that UVA rays - which
age the skin but do not burn - can cause DNA damage. The finding
suggests sunscreens must protect against both UVA and UVB rays to
provide proper protection from disease,...
The anti-aging product market grew by 13 per cent last year - more
than doubling its previous two-year growth rate - reports the NPD
Group. It comes as no suprise therefore that increasing numbers of
pharmaceutical and cosmetic companies...
Owens-Illinois - the largest manufacturer of glass containers in
America, Australia and New Zealand - is to make further inroads
into Europe. The company that packages cosmetics has announced a
definitive agreement to acquire BSN...
L'Oréal, the world's largest cosmetics group, is to set up a
research & development (R&D) centre in Shanghai following
the group's success in China. L'Oréal's chinese business recorded
the highest...
Laboratoires Sérobiologiques, a division of the Cognis group, has
biotransformed peptides from hibiscus seeds to develop a natural
alternative to botulinum toxin injections. Myoxinol LS 9763,
launched today at Personal Care Ingredients...
A rise in global demand for titanium dioxide - a natural sourced
pigment used in cosmetics and suncream - has led Millennium
Chemicals to introduce a price increase for its Tiona titanium
dioxide (TiO2) products sold in Asia, Africa,...
Avon Products is to closely follow developments in China this year
for a change in direct-selling legislation. Avon - the world's
largest direct seller of cosmetics to consumers - says it is ready
to resume direct-sales in the...
L'Oréal has opened a new manufacturing plant in India with a
production capacity of up to 100 million units per year. The new
factory is to supply India - where L'Oréal sales grew by 33.4 per
cent in 2003 - and other neighbouring...
France's perfume and cosmetics industry has reported a domestic and
global sales increase of 1.6 per cent for 2003. Findings show that
the French remain the world's top users of cosmetics and fragrances
with half a milion...
Kanebo, the second-largest cosmetics maker in Japan after
industry-leader Shiseido, has decided to abandon plans to sell its
core cosmetic unit to Kao. Instead the company is to ask the
Japenese government to help slash its debt in...
California-based Renaissance Herbs has entered into an exclusive
joint venture with the Chinese firm Xi'an Haotian Bioegineering to
produce and sell high quality, synthetic-grade CoQ10.
Unison Capital has put forward a management offer - believed to
match Kao's withstanding bid of €3 billion - for Kanebo's cosmetic
operations. However the revelation has not unnerved toiletries
manufacturer, Kao, who started...
L'Oréal has signed an agreement to purchase Chinese cosmetics and
skincare brand, Yue-Sai, from US giant Coty. The deal underlines
the French company's growing presence in the Asian market.
Nimbus Group, a licenser of fine fragrance and skincare, is set to
acquire a majority stake in Fragex a Paris-based developer of
cosmetics and fragrances.
L'Oreal has managed to reach its financial year sales target, helped by the concentration of products launched in its first and last quarter. However, the cost of achieving this growth may translate into low earnings for its 2003 second half results...