International focus pays off for L'Oreal in 2007
Emerging markets overtook North America in terms of profitability
for L'Oreal as the company's international outlook helped it secure
high operating profit once again.
Robertet invests in French plant aroma business
Global flavors and fragrance group Robertet has taken an equity
stake in Plantes Aromatiques du Diois, a move that taps into
ethically sourced and fair trade aroma supplies.
UK chemicals company acquired by Indian counterpart
Indian chemical company Vivimed Laboratories acquires UK-based
James Robinson in order to increase its global presence in the
speciality chemicals market.
Jesus cosmetic line pulled from shelves in Singapore
A line of cosmetics called 'Lookin' Good for Jesus' has been banned
in Singapore after Catholics there complained that it was
Sunscreens harm coral reefs, say scientists
Ingredients in sun care products may be bleaching coral reefs by
promoting viral infections, say scientists at the University of the
Clinique pursues convenience trend with 24 hour mascara
Estee Lauder brand Clinique has launched a twenty four hour mascara
offering convenience to the luxury consumer in an attempt to corner
the color cosmetics market.
Avon's European job cuts start filtering through
Avon's ongoing restructuring program has led to the loss of 184
jobs in Northamptonshire, UK, as the company continues to trim its
operations worldwide to increase profitability.
Maesa opens subsidiary in China
Maesa (previously Parfum d'image) has announced plans to create a
Shanghai subsidiary to expand the company's business in China after
successful first quarter results.
Cognis chases fast market growth in India
Fine chemicals specialist Cognis has opened a liaison office in
Mumbai, India, in an effort to tap in to new business opportunities
in the cosmetics industry.
Fragrance house sources sustainable ingredients
Givaudan has entered into ethical sustainability partnerships with
Australian and Venezuelan producers as part of a move towards
sustainable ingredients sourcing.
Better European sales help boost Unilever results
Increased European growth alongside the continued strength of
Unilever's personal care division helped boost sales for the fourth
quarter, although profits fell.
Nutraceutical firm eFoodSafety targets anti-aging market
US-based eFoodSafety is the latest in a growing number of
nutraceutical companies targeting the cosmetics industry with the
release of its skin care line NumaDerm.
Chinese skin care line to be launched in the US
Global skin care launches have tended to feature the big
international players launching well known brands in new markets,
however, this time it's a small Chinese company launching its skin
care line in the US.
LVMH quashes rumours over Clarins bid
Despite Clarins announcing solid quarterly results last week
there is still speculation over who might try and bid for one
of the last remaining major independent companies in the business.
Profits down but rosy outlook boosts Avon
Despite reporting net profits down 30 percent for the fourth
quarter the result was still better than expected - further boosted
by stronger sales predictions for 2008.