Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Swedish direct sales player Orilfame has announced a significant
increase in its quarterly sales and profits to June 30 on the back
of a 41 per cent rise in local currency sales in the CIS and Baltic
region.
Having confirmed its merger with Alliance Unichem at the end of
July, newly named Boots Alliance says it is eyeing further
expansion of its cosmetic lines in retail outlets throughout the
US.
Sales of premium fragrances continue to be the main driving force
behind a healthy performance for fragrance and flavours player
Givaudan, as the Swiss company confirms it will be keeping its eye
on opportunities to further consolidate...
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
Johnson & Johnson is said to be in advanced talks to buy up
Beijing-based Dabao Cosmetics - a move that could give the company
a valuable footing in what is currently a huge growth market.
Avon Products has announced a significant drop in its profits as
restructuring charges hit the bottom line and the company's
performance in most markets, including the US, came in below
expectations.
Just one week after financial analysts reinforced a top credit
rating for leading Japanese cosmetic company Shiseido, the company
has posted a drop in profits as the domestic market wanes.
Germany remains a world giant in the packaging material and machine
sector, with a high demand, especially for plastics, about to reach
record levels according to a new report.
Colgate-Palmolive has announced broad top-line growth for its
second quarter on the back of strong sales, adding that hefty
restructuring charges hit profits.
Functional foods are generally defined as products imbued with
additional nutrients with health-promoting properties. But the
industry needs to be wary of foods that present no actual health
benefit from piggy-backing on the popularity...
Marinova's new fucoidan facility in Hobart, Tasmania, is on
schedule to commence operations from next month, offering fucoidans
from a broader range of microalgae species for cosmetic and
nutraceutical use.
As part of on-going restructuring to its supply chain and general
operations Beiersdorf is putting its Hirtler soap manufacturing
facility up for sale.
Avon Products China says it has now employed 114,000 sales staff in
China and is in the process of hiring a further 31,000 recruits
just four months after it was awarded its first direct sales
license in the country.
Two US specialty chemical players, Reilly Industries and Rutherford
Chemicals, have combined to form a new business focused on three
specific areas, including the personal care market.
A popular Japanese moisturizer has been endorsed by a US
dermatologist for the treatment of dry skin related conditions such
as eczema and other forms of dermatitis-related conditions.
Japanese film and packaging manufacturer Aicello is about to launch
a new form of soap on the US market that has proved to be a big hit
in Japan and elsewhere in Asia.
EU and US officials will take joint action worldwide against
counterfeiting and intellectual property theft, an illegal trade
that includes millions of items of fake foodstuffs and drinks.
Advitech has secured two-part interim financing totalling C$350,000
to assist in ongoing commercialisation of its psoriasis product
from sweet whey, Dermylex. The boon for the Canadian company
coincides with the finalisation of its...
Shiseido is about to launch two new mega brand cosmetic lines on
the Japanese market that should be rolled, one of which should be
rolled out on the global market by 2007.
Cosmetics industry bodies in Europe, the USA, Japan and South
Africa have signed an agreement to unify sunscreen product testing
- a move that takes the industry one step closer to having
internationally recognized sunscreen labelling...
The gap between demand and global supply of potent antioxidant
coenzyme Q10 (CoQ10) is narrowing, as major manufacturers expand
their capacity and new sources enter the marketplace.
UK-based Cactus Botanics has launched it low molecular weight
hyaluronic acid (HA), an ingredient finding more an more
applications in both the cosmetics and food industries.
Multinational suppliers for the cosmetics and toiletries industries
are facing increasing competition from China, while Japan continues
to offer innovation, says a new report from Kline and Company.
Noni has been long known as a health and juice ingredient but
increasingly it is being included in cosmetic and toiletry
products, as evinced by the latest hair care line from Tahitian
Noni International.
Estoril, Portugal is the venue for this year's Colipa AGM - one of
the European industry's primary forum. The CosmeticsDesign team
will be covering the event, which this year centres on the
all-important theme of consumer...
Latest market research suggests that the Middle Eastern market for
cosmetics and personal care products is set to experience major
growth this year as the region's economy and retailers continue to
experience significant growth.
Strong growth in sales of beauty products continues to see the
Brazilian market powering away. In 2005 the market grew at 34.2 per
cent to become the world's fourth largest market - well above the
world's 8.2 per cent average...
Swiss biotech company Lonza has announced the latest move to expand
its ingredients portfolio, with the acquisition of the larch
arabinogalactan assets of US firm Larex.
The resumption of direct sales in the fast-growing China market is
providing big names such as Avon, Amway and Oriflame with plenty of
opportunity, but it seems that, with its return, an old problem is
back - the pyramid scheme.
UK capsule brand, Taxi Cosmetics, has launched its 'passengers'
colour cosmetics range in the Japanese market, marking the start of
a campaign to increase the company's presence in Asia.
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Gerresheimer chose the recent Cosmoprof event in Bologna, Italy, to
unveil the latest in glass flacon packaging, including a new
textured black glass that taps into innovative technology.
Sweden-based direct sales player Oriflame says it will continue to
focus its plans for sustained growth on Eastern Europe and
Mediterranean regions, following the publication of its 2005
financial report.
A partnership between an Israeli and a South Korean company has
come up with what is claimed to be a first - anti-ageing patches
that target specific areas of the face.
South-African-based cosmetics provider has thrown some light on
what to expect from the cosmetics world next year by predicting the
colours and textures that should prove popular.
As Avon continues to make major cut backs, analysts and market
experts are being won over as the company's position starts to look
stronger following a difficult two year period.
A Japanese company is launching a palette of 31 different flavoured
toothpastes on the European market, following its successful launch
in both the US and Asia.
Creative Outsourcing Solutions International (Cosi), one of
Europe's leading contract cosmetics and toiletries producers
recently announced plans to expand its presence globally. We spoke
to CEO Bob Tolan to find out more about...
US-based Coty has concluded a licensing agreement with Japanese
cosmetics giant Kose that will ensure the manufacture and
distribution in Japan of Coty's UK-based Rimmel cosmetics brand.
With 2005 proving to be a record year for consumer launches of all
sorts, industry experts say that products claiming to counteract
signs of ageing in a gentle and believable manner will continue to
lead the way in 2006 as the drive...
A record financial year for LVMH Moet Hennessy Louis Vuitton, is
supported by a strong performance from the company's cosmetics and
fragrance operations, boosted by the Dior brand as well as an
increasing market share for its...
The counterfeiting of high-end cosmetics and fragrances in China is
big business and it is hitting luxury goods makers hard. But they
are now fighting back harder too, and if a recent lawsuit involving
Louis Vuitton Moet Hennessy...
German cosmetic and toiletries giant Beiersdorf says it will be
realigning its Dutch and Swedish facilities as part of the second
stage of restructuring plans that aim to save €100m a year in
production costs.
Leading cosmetics and toiletries contract player Creative
Outsourcing Solutions International (Cosi) has secured an
investment restructuring plan that will help the company in its
ambitions to become one of the leading contract players...
Avon received a big boost this week after the China Commerce
Ministry approved its application to resume door-to-door sales in
the country's booming cosmetics and toiletries market.