Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.
In light of worrying economic times, a new survey released by the Credit Suisse Research Institute (CSRI) has noted that the cosmetic industry has picked up, driven by three of the four BRIC markets.
The Indian government has approved 100 per cent foreign direct investment (FDI) for single brand retailing, making investment into the consumer goods market easier for global investors including cosmetics companies.
Korean cosmetics firm AmorePacific has invested in a beauty production and research and development facility in Shanghai as it looks to expand its operations in China.
Scientists in India have tested the skin recuperation properties of turmeric, commonly used as a source of flavor in food dishes, on ultraviolet radiation-damaged skin and noted that it displays skin hydration properties when topically applied.
Virginia-based packaging firm MeadWestvaco (MWV) will focus on customer partnerships, new innovation, and targeting emerging markets as part of its profitable growth strategies to boost its personal care business.
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) says that rapidly changing socio-economic conditions there could see the market for cosmetics double by 2014.
Cosmetics giant L’Oréal has been recognized as the number one company addressing climate change from the household products sector, according to a new report.
According to Dr. Benjamin Punchard, the head of global packaging research at Euromonitor International; “Over the 2005-2020 period the fastest growing countries for skin care packaging were Indonesia, China and India.”
P&G is to begin manufacturing personal care products locally for the Indian market as part of its sustainability efforts and an increased focus on growing its presence in the emerging market.
Specialty chemicals company IMCD has continued its strategy of strengthening in the Asia-Pacific region by opening its regional headquarters in Singapore and strengthening the team there.
France-based organic cosmetics company Florame sources many of its ingredients from developing countries and argues that the practice can help support local development, although it is subject to many challenges.
Switzerland-based Clariant will open a new laboratory near Mumbai focused on developing formulations specifically for the personal care industry in India, a market that is showing continued growth.
Reckitt Benckiser’s sustainability report for 2010 has shown the company has reduced its carbon footprint with decreased energy consumption in manufacturing playing a part.
Flavours and fragrance firm Firmenich saw sales increases right across the board of its perfumery business division with emerging markets posting the strongest growth, however they were hit hard by the Swiss Franc as figures dipped.
As the personal care industry continues to pull out of the recession, it is the biggest category, hair care, which is expected to drive future growth for packaging manufacturers.
With the threat of a second global recession hovering in the wings, a Citi Investment analyst says there are concerns over the Q4 performance of US personal care players.
The price of palm oil, which is used as a binding ingredient in cosmetic formulation, is predicted to fall in the months ahead as increased crop yields and falling demand take effect.
Beauty firm Coty has picked up an award for being the ‘Most Innovative Company in 2011, with products under its Rimmel and Sally Hansen brands recognised as stand out products.
The UK-based packager has announced that it expects hair care, which has the largest share in Asia Pacific, to experience the fastest growth in the region.
Despite the scepter of the global economic downturn, the number of men’s grooming product launches worldwide has risen sharply since 2008, according to the latest data from Mintel.
Super premium cosmetic brands will continue to gain ground in the emerging markets and will benefit from baby boomers in the more mature markets, according to market research company Euromonitor.
Australian-owned skin care firm Intraceuticals is furth developing its expansion and growth in India by tapping into the region’s fast growing wellness services market.
A key difference to this year’s returning in-cosmetics Asia event for the cosmetics industry is the collaboration with the International Federation of the Societies of Cosmetics Chemists (IFSCC), which is taking place in the Thai capital Bangkok, from...
International Fragrance and Flavors has reported a significant gain in second quarter sales, with a strong performance in emerging markets offsetting higher costs and slower beauty sales.
Procter and Gamble posted double-digit growth in the fourth quarter; however it expects a slowdown in the US, Europe and other developed markets following the current financial struggle.
Ahead of Procter & Gamble’s fourth quarter results, out tomorrow, analysts believe that the overall performance will be strong, driven by emerging markets, but developed markets will be weak.
Specialty chemical company IMCD has opened a new personal care applications laboratory in Selangor, Malaysia to target significant growth potential in that market.
Growth in the market for cosmetics and personal care products in India is forecast to continue booming on the back of increased income and consumer knowledge, according to market researcher RNCOS.
Lonza and Arch Chemicals have announced an agreement in which the Swiss supplier has agreed to commence a tender offer for 100 per cent of Arch’s outstanding shares of common stock, with the personal care sector expected to benefit.
Following initial investigations by US Federal prosecutors into Avon Products’ operations in China, law firm Finkelstein Thompson says it is now launching an official investigation of the company worldwide.
The market for aesthetic lasers is expected to see a huge surge in popularity in India, while manufacturers are stepping in to provide the technologically advanced equipment, according to new research from iData Research.
The Indian arm of Colgate Palmolive has revealed tooth sensitivity is becoming an increasingly common oral health problem in India although awareness about the condition is fairly low.
The market for cosmetic surgery is expected to be led by a huge surge in popularity for fillers in both India and China, according to new research from iData Research.
Tomorrow’s HBA Leadership conference will focus on how high-tech developments are advancing the anti-aging category at a rapid rate and stem cell technology is expected to play a significant part in the discussion.
Malaysia's active representation and contribution in the Roundtable on Sustainable Palm Oil (RSPO) has seen it set the record as the world's largest producer of Certified Sustainable Palm Oil (CSPO) accounting for over 50 per cent of total CSPO...
With skin care still showing strong growth in the BRIC markets, Euromonitor senior researcher Virginia Lee will highlight how Brazil is expected to steal all the thunder in her forthcoming presentation at the first ever industry VTS, Skincare Ingredients...
Beiersdorf’s head of product development, Dr. Martin Rudolph, spoke to Cosmetics Design about the company’s plans for its brands in emerging markets, just ahead of his presentation for the Skincare Ingredients 2011 VTS conference.
BASF and INEOS have formed a global joint venture company, named Styrolution, for the production of styrene, used in a number of applications for cosmetic packaging.
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
With the imminent departure of Reckitt Benckiser CEO Bart Becht, speculation is growing over a merger or acquisition bid. But a leading financial analyst believes anti-trust laws may throw a spanner in the works.
