The US market for beauty foods has grown significantly over the past five years, but the higher price demanded by products in this category could be putting the brakes on future growth, says market researcher Datamonitor.
Gerresheimer has cut its forecast for 2009 after a poor second quarter that saw gains made in drug packaging pegged back by falling demand from the cosmetics industry.
The United States continues to be the most dynamic market for lycopene products, demonstrating a steady stream of activity over the past five years, according to product launch statistics.
Mumbai-based Galaxy Surfactants has purchased a majority stake in US-based ingredients supplier Tri-K in order to expand on its personal care portfolio and consolidate its global presence.
Global fragrance company Coty, announced the opening of a new subsidiary in Russia as part of a strategic initiative to establish direct in-house marketing control of the Coty products in Russia.
Cargill is to introduce its Ingeo bioplastics to Brazil, offering the food, cosmetics and other industries a new packaging material derived from sugar instead of petroleum.
Celebrity hairdresser, Louise Galvin, has received carbon neutral accreditation from The Carbon Neutral Company for her hair care line Galvin Sacred Locks.
Beiersdorf has invested €10 million to expand a factory in Bangplee, Thailand in order to double the manufacturing capacity of its Nivea products and capitalize on the fast expanding South East Asian market.
Specialty soaps and skin care provider Crabtree & Evelyn has filed for bankruptcy in the US, becoming the latest personal care player to fall victim to the economic crisis.
An IPO for leading China hair care BaWang has triggered investor interest that saw shares traded at the top end of forecasts, raising €152m for the company.
Rhodia has just completed the acquisition of its minority partner’s shares in its joint venture Rhodia Thai Industries, as part of the firm’s wider strategy to reinforce its global presence in specialty surfactants.
A nationwide coupon-book initiative that aims to engage natural product consumers with childhood nutrition is in its final stages of set-up, with interested manufacturers able to apply for participation until July 15.
The forthcoming In-Cosmetics Asia expo will spotlight one of the biggest trends in the region, and one that is fast spreading worldwide – skin lightening.
Hair colour maker Hoyu is set to buy a controlling stake in former Kanebo spin-off company Kracie Holdings for about 25 billion yen ($261m), according to press reports.
The global skin lightening market is predicted to reach $10 billion by 2015, driven by new markets in the West and sustained growth in Asia-Pacific, a report by Global Industry Analysts (GIA) has revealed.
NTT Communications has developed a ‘fragrance communication’ system that makes it possible to send a variety of different fragrances using the internet.
Advertising agency the Vox Collective and marketing consultancy 85% Niche, have joined forces to help brands understand and increase market share in the growing ‘ethnic’ segment in America.
Luxury perfumeries and cosmetics chain Marionnaud has announced plans to lay-off around 700 employees in France, owing to the “very difficult current economic context”.
Elizabeth Arden plans to slim down the fragrance segment of its Elizabeth Arden brand and build the business by focusing on skin care and color cosmetics.
Indian specialty ingredients company, Lachemi, has launched a range of natural preservatives which have combined modern research techniques with the ancient tradition of Ayurveda.
Robert McDonald is set to take over from A.G. Lafley as the new CEO of Procter & Gamble, according to a report in the Monday edition of The Wall Street Journal.
Amid celebrations for L’Oreal’s 100th birthday, chief executive Jean-Paul Agon told reporters in Paris that the sales environment would improve over the coming quarters.
Unilever’s Chief Executive Officer Paul Polman has re-stated the importance of the Roundtable on Sustainable Palm Oil (RSPO) as a crucial measure in reducing deforestation.
Jordana Cosmetics has struck up a distribution agreement that will see its range of color cosmetic products available in the growing Indian market for the first time.
One of the leading global suppliers of CoQ10 – Japan’s Asahi Kasei Pharma – has said it is exiting the market by the end of the year, citing “continuing unprofitability”.
As more and more cosmetics companies gain kudos thanks to increasingly rigorous ethical sourcing and trading claims, companies that ignore the phenomenon stand to lose out.