International Flavors and Fragrances (IFF) has reported sluggish
fragrance performance in the fourth quarter depressed by a fall in
sales of fine fragrances.
Personal care and oral care player Colgate-Palmolive has announced
a further increase in quarterly profits on the back of cost cuts
and sales increases in key categories, including toothpaste and
shower gel.
California-based BellaPierre Cosmetics says it is aiming to turn
its mineral-based make-up line into a global brand through the
development of a worldwide family of franchises.
Canada-based Faces Cosmetics has posted a net loss of $CAD2.3m
($2.3) in the first set of annual results the company has released
since going public in 2006.
Although the Asia Pacific region continues to be the main launch
pad for new nutricosmetics products, latest market movements show
that the UK and US are catching up.
Demand for vitamins in personal care products is booming as
awareness of their anti-ageing properties rises, according to
market researchers Frost & Sullivan.
Double-digit sales growth in personal care was cited by
Kimberly-Clark as the principle driver behind its strong top-line
figures for the fourth quarter.
Ceapro has signed two US distribution agreements in an attempt to
increase supply of its range of organic ingredients to cosmetics
and personal care manufacturers.
Procter and Gamble (P&G) claimed today to have made a hair
coloring breakthrough that will transform the future of the
category and persuade more women to color their hair at home.
US consumers are becoming increasingly concerned over social and
environmental implications when choosing packaged food and beverage
brands, according to a new report by Information Resources, Inc
(IRI).
US-based company Nutraceuticals International has formed a joint
venture with India's Amruta Herbals to develop and market Indian
plant extracts for use in the cosmetics and nutraceuticals market.
Functional water is leading the US market for beauty foods whilst
the dairy industry is failing to recognize the opportunities of
this growing sector, according to a report by journal New Nutrition
Business.
Manufacturers of colour cosmetics are tapping into trends from
other segments of the beauty industry and seeking to provide
convenience for the busy consumer to prevent sales from stagnating,
according to Euromonitor.
Avon takes a new direction with healthcare foods in China, Swiss
Arabian Perfumes Group announces expansion plans in the Gulf and
Ineke perfume expands European distribution.
As women go for increasingly sophisticated anti-aging and skin
care treatments, beauty supplements look poised to be one of the
top growth trends for 2008.
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
The highlights of 2007's anti-ageing market include an increase in
natural active ingredients, tapping into the ever growing trend for
natural and organic products.
The merger and acquisition highlights for 2007 include
consolidation in the natural and organics market, further
acquisitions by the biggest players and rumors concerning the
future ownership of Clarins and Estee Lauder.
Despite pressure for increased legislation on the use of
nanotechnology in cosmetic products throughout 2007, the number of
nanoparticle-containing products continues to grow.
Natural and organic Peter Rabbit baby care products are coming to
Europe as concern over the impact of certain synthetic chemicals on
children's health grows.
Mary Kay has opened a new distribution centre and
headquarters in Mexico after twenty years of trading in the country
- a move that celebrates the success of direct selling in the
emerging market.
Companies outsourcing to China need to go well beyond price and
delivery terms to ensure that their products are not toxic, warned
the Investor Environmental Health Network (IEHN) as trade talks
between the US and China kicked off...
Launched in 'Chloe's apartment' the luxury brand's new fragrance
seeks to push boundaries of expectation in order to reach out to
customers with a clear product concept.
In answer to growing consumer pressure over sustainable and
ethically sourced personal care products, Lush has teamed up with a
small soap specialist in the UK to develop what is
claimed to be the world's first palm oil-free...
The Union for Ethical BioTrade could help cosmetics companies
negotiate the regulatory 'minefield' of trading with local
producers in Africa, South America and Asia, whilst ensuring
ethical trade that benefits small scale...
With the season for buying fragrances well upon us, market experts
say that cultural differences will continue to define the type of
fragrance launched around the world during the course of next year.
Evonik Goldschmidt, previously known as Degussa Personal Care, has
released a range of plant extracts in an attempt to cash in on the
growing trend for natural cosmetics.
Eco-friendly, ethical personal care products are likely to prove
one of the biggest worldwide trends in 2008, alongside toiletries
that smell good enough to eat, masstige personal care products,
mineral make-up, and more interactive...
The second Professional Beauty India trade show, opening its doors
this weekend, will see the launch of a number of international
cosmetics brands as India's personal care market booms.
Davi Skincare has announced the launch of its luxury skin care
range at Selfridge's in London, as part of the US-based company's
plans for international expansion.
Industry expert Didier Rase has launched a new men's anti-ageing
skin care range, claimed to be the first to feature a plant derived
ingredient that inhibits testosterone deficiency.
On the eve of crucial EU-China business talks trade commissioner
Peter Mandelson warned that European patience on counterfeit goods
could break if the Chinese authorities fail to crackdown on the
problem.
A subsidiary of a leading Indian consumer goods manufacturer has
commissioned a toothpaste factory in Nigeria, adding to a growing
number of companies attracted by Africa's low manufacturing and
labour costs.
The Chinese government has acted on promises to improve product
standards 'blacklisting' 10 domestically manufactured cosmetics,
according to press reports.
Wal-Mart's sustainability programme, which is forcing manufacturers
worldwide to reduce their environmental impact, has come under
heavy criticism from a coalition of international labour and
civic organisations for being "unsustainable".