A new testing centre for cosmetic products and ingredients has been
opened in Bangkok by Dermscan Asia, in order to meet the demands of
this growing market.
Symrise is combining its plant extracts under the new product line
'Actipone', with the intention of expanding the range of natural
active ingredients designed for use in cosmetics.
Cosmetics are proving popular among shoplifters, topping a list of
the most frequently stolen goods in North America and prompting
calls for greater use of tagging and tracking devices.
Expanding cosmetics packaging player Polimoon has changed its name
to Promens, following its buy-out by the Icelandic global
plastic manufacturer of the same name.
Procter & Gamble and Unilever are among the personal care
companies implicated in the environmental time
bomb planted by the farming of the natural
ingredient palm oil, according to a new report.
Better distribution of fragrances in new markets has helped
contribute to strong overall growth for Symrise's Q3, in turn
increasing its presence in the personal care segment.
The first meeting of the Transatlantic Economic Council (TEC) takes
place in Washington this week, with the freeing up of cosmetics
trade on the cards.
Demand is growing for natural cosmetics in China, driven by a
traditional preference for natural ingredients and the fear of
toxic chemicals in consumer goods.
Kiwi fruit extract combines high essential fatty acids with
impressive antioxidant properties, representing a perfect
anti-aging ingredient both through topical application and oral
use, according to a New Zealand company.
First quarter sales made significant progress at Elizabeth Arden,
which the company said was largely attributable to the successful
international launch of its new Mariah Carey fragrance.
Antioxidants found in bran could help protect against DNA damage
from sun exposure and radiation therapy, when ingested or applied
topically, according to latest research.
The Indian market for natural cosmetics is thriving; however
products are seen as cheap alternatives popular with low-income
consumers, causing concern for the future growth of the sector.
Avon's third quarter results show a significant increase in
profits supported by successful third quarter sales,
illustrating how the company is reaping the
benefits of its restructuring initiatives.
Proctor and Gamble reported on target sales growth for the first
quarter but beauty lagged behind other divisions after a health
scare hit the sales of a key skin care product in Asia.
Colgate-Palmolive posted a significant rise in its third quarter
profits, lifted by strong sales in emerging markets and
cost-cutting measures that contributed to increased operating
income.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
The increasing participation of multinationals in the natural and
organic cosmetics sector, and the current lack of legislation, may
be marginalising the smaller companies who have been operating in
the sector for many years, according...
Emerging markets, particularly Brazil and Russia, are becoming
increasingly open towards natural and organic cosmetics, with both
domestic and international players getting involved in the trend.
Hawaii's Cyanotech Corporation has obtained four new
structure/function claims for its Bioastin following FDA review, as
it looks to make consumers more familiar with the benefits of
astaxanthin.
UK-based mining group Rio Tinto has taken over Alcan in a $38.1bn
(€26.5bn) deal that will result in Alcan's packaging arm being
separated from its aluminum mining business.
L'Oreal met high sales expectations for the third quarter with the
help of strong Eastern European sales and several product releases
including the launch of Diesel's first fragrance.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
Strong third quarter sales figures at Tupperware Brands indicate
that direct selling cosmetics firms should concentrate on emerging
markets as the retail channel has lost popularity in some
established markets.
Global personal care giant Kao has announced that its year-on-year
six monthly profits fell by nearly 1 percent as costs mounted, a
result that takes into consideration trading under its newly
acquired Kanebo Cosmetics business for...
Shiseido has fitted solar panels to the roof of its New Jersey
facility to help save the company $100,000 a year, indicating that
financial and environmental goals are not necessarily incompatible.
A year ago the future of duty-free sales of cosmetic products in
Europe was looking glum amid suggestions of a total sales ban, but
things are looking brighter now, according to the European Travel
Retail Council (ETRC).
Operating profits at Kimberly-Clark increased by almost a third as
the personal care giant posted record sales figures for the third
quarter driven in particular by a strong performance in emerging
markets.
Leading UK toothpaste packaging manufacturer Betts Global has been
bought out by private equity specialist Gresham in a move that aims
to better position the company for future global growth.
The International Cooperation on Cosmetic Regulation (ICCR) is
calling for increased international cooperation within the
industry, in areas such as nanotechnology and alternatives to
animal testing.
Business development company Allied Capital has pledged $51m
towards the buyout of hotels personal care and amenities supplier
Gilchrist & Soames by private equity group Swander Pace
Capital.
Beiersdorf will pay €269.45m for an 85 per cent stake in
China-based C-Bons Hair Care as the cosmetics giant looks to
penetrate deeper into the fast growing market.
Eco-friendly packaging specialist Plantic will soon be entering the
US market as part of a development, marketing and branding
agreement with chemical firm DuPont.
There are 383 cosmetic products on the US market that contain
ingredients banned in other countries, according to a new survey by
the Environmental Working Group (EWG).
The former CEO of perfume retailer Marionnaud was ordered to
pay damages to several top manufacturers after
a French court ruled yesterday he had illegally
resold samples.
A Russian producer of healthy food products has announced the
release of its first beauty drink aimed at improving skin using a
blend of antioxidants and minerals.
Artdeco has released its new skin care range Skin Yoga Face. Based
on ancient yogic principles the range taps into the trend for
holistic cosmetics influenced by ancient practices and spiritual
ideas.
Sales in PCAS's perfume-aroma-cosmetics division leapt up by 43 per
cent in six months, a rise the company attributed to the work of
distributors in the US and Japan.
Breaking public cynicism and maintaining an association with health
benefits are the keys to continued growth in the UK beauty
supplement market, says Mintel.
The Roundtable on Sustainable Palm Oil (RSPO) says it is on the
cusp of delivering on its promise to put sustainable oil on the
market, and will be unveiling its certification system at its next
meeting in November.
Global sales of natural and organic cosmetics are escalating thanks
to increased investment from top players, and the mainstreaming of
once-niche products.
The International Cooperation on Cosmetics Regulation is to meet
for the first time in Belgium at the end of September, in order to
identify ways to help synchronize the international regulation of
cosmetics products.
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