Stressing the importance of sanitary work practices, US company
Skinvisible is launching a targeted marketing campaign for its
antimicrobial hand sanitizer lotion as part of the battle to help
prevent the spread of bird flu in Asia.
An influx of cosmetic products containing fruit extracts have been
launched this month by high profile beauty manufacturers keen to
cash in on the growing trend driving the booming organics and
naturals cosmetics sector.
Sweden-based Svenska Cellulosa AB (SCA) has sold its North American
packing operations, that include personal care packaging, so as to
focus on expanding its European and Asian operations.
Swedish direct sales cosmetics company, Oriflame, has continued
with plans to make its mark on the Sri Lankan beauty market with
the recent launch of a new cosmetics range aimed at the booming
anti-ageing market.
US cosmetic producers are seeking new ways to cut operating costs
and increase competitiveness in the face of another tough trading
year, says PricewaterhouseCoopers.
A new clinical trial has unveiled an ingredient combination that
could send anti-ageing skin care manufacturers into a spin, with
the claim it reduces facial wrinkles in Asian consumers by nearly
50 per cent.
Cosmetics giant L'Oreal has added three new members to its
executive committee, in a move aimed at emphasizing its focus on
the group's active cosmetics division, together with the increasing
importance of the Asian and...
Large multi-national cosmetic companies in developing markets are
at risk of being overhauled by smaller, local businesses due to la
ack of confidence in policies and growing consumer loyalty to the
smaller brands, according to a...
A UK based couple has been fined for selling skin whitening
products that contain banned ingredients which are harmful to
consumer health, in a failed bid to capitalise on the ever growing
consumer desire for lightened skin.
Avon Products has filed a new report with the US Securities and
Exchange Commission (SEC) outlining the latest initiatives for its
ongoing restructuring plan, leading to further charges of up to
$15m for redundancy and organizational...
The rapid evolution of the natural and organics cosmetic market in
Europe and the US is leading to increasing opportunities for
Western companies in the Asian market.
A recent report points out that while many European market
industries are 'missing the boat' on nanotechnology, large cosmetic
companies such as L'Oreal are emerging as market leaders in the use
of the technology.
By 2010 China is set to surpass South Korea as the second biggest
market for global leader Estee Lauder, according to a company
executive based in China.
The forthcoming Cosmbolleza & Wellness expo, due to take place
in Barcelona next March, is set to be the biggest yet, with a 25
per cent increase in exhibitors and a rise in the number of
professional visitors forecast by the...
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
The pressure on processors to use radio frequency identification
(RFID) continues inEurope, with Metro Group testing the technology
to track goods along the supply chain from China to Germany.
Proctor & Gamble is back on the road to redemption in China
after its SK-II range re-appeared on store shelves this week
following a ban brought about by a scare relating to traces of
heavy metals that were found in formulations.
With world leading market growth China has long been the focus for
international cosmetics producers. But as the market there evolves,
it seems that a new-found confidence amongst rban Chinese males is
causing them to spend more and...
Demand for both natural and milder cosmetic formulations is driving
demand for specialty surfactants. And a new market report
highlights the fact that it is Chinese producers who are poised to
tap into this growth.
Swiss flavours and fragrance manufacturers, Givaudan, has bought
Quest International, a move that consildates Givaudan stance as
market leaders within the fragrance industry.
International star Jackie Chan has branched out from his typecast
roles of martial arts expert and global film star and is focusing
on enjoying the same success in the organic skin care market with
the launch of his cosmetics range,...
Sephora, the fragrance and cosmetic retail arm of France-based LVMH
Moet Hennessy Louis Vuitton, has announced a new partnership with
Monopoly to launch a beauty based board game, targeting the
profitable holiday period.
A global product coding standard being developed for use with radio
frequency identification (RFID) technology is being tested on the
sea-shipment of cartons between Hong Kong and Japan.
Cosmetic and fragrance giant Elizabeth Arden posted a quarterly
loss on Friday, as it was hit by restructuring costs, but with
marketing spend lower than expected and sales still strong, the
underlying results appear to be solid.
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
Proctor & Gamble is to resume sales of its SK-II cosmetics line
after China authorities confirmed that levels of toxic heavy metals
found in the formulation were harmless, a state press report says.
The world's leading cosmetic player has further expanded its
position in the naturals market with the acquisition of French
Laboratoire Sanoflore, one of the founding companies specialising
in the manufacturing of certified organic...
Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
A continued and growing recognition of the LVMH Moët Hennessy Louis
Vuitton brands has helped the group to put in another strong
quarter, with sales of its major French cosmetic and fragrance
brands also making a mark.
The Soap and Detergent Association (SDA) has opened up online
registration for its 81st annual meeting and industry convention,
to be held in Boca Raton, Florida, 30 January - 3 February, 2007.
On the back of rising international demand for contract
manufacturing services, Dutch-Indonesian company PT Cosmar says it
is embarking on a second round of expansion to meet customer
demands.
French cosmetic giant L'Oreal has announced that it intends to
extend the Body Shop brand into international markets. The move
follows the £652m take-over of the UK based Body Shop by L'Oreal
back in March 2006.
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
Following a pan-Asian scare regarding heavy metal content in
Procter & Gamble's SK-II skin care line, South Korean
authorities have said that it has found only traces of the
suspected substances and says 'it is too little...
Procter & Gamble has ceased all sales of the SK-II skin care
line in China following allegations made by a regional watchdog
that it contained potentially dangerous chemicals.
Procter & Gamble is on the defensive after authorities in the
Guandong and Hong Kong region of China discovered high levels of
dangerous chemicals in its SK-II skin care line following routine
testing.
Oriflame has become the third foreign cosmetics company to be
granted a direct sales license in China, putting it on track to
carve out a slice of the country's fast-growing consumer market.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
Following a flurry of activity that saw its shares rocket this
week, Colorado-based personal care provider OraLabs has confirmed
that it is selling up to a Chinese investment company, turning the
company private again.
With exports of cosmetic products from China expected to rise 20
per cent during the course of 2006, China is rapidly emerging as a
world-wide hub for the cosmetics industry. But challenges for this
burgeoning industry are on the...
Swedish direct sales player Orilfame has announced a significant
increase in its quarterly sales and profits to June 30 on the back
of a 41 per cent rise in local currency sales in the CIS and Baltic
region.
Sales of premium fragrances continue to be the main driving force
behind a healthy performance for fragrance and flavours player
Givaudan, as the Swiss company confirms it will be keeping its eye
on opportunities to further consolidate...
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
Johnson & Johnson is said to be in advanced talks to buy up
Beijing-based Dabao Cosmetics - a move that could give the company
a valuable footing in what is currently a huge growth market.
Avon Products has announced a significant drop in its profits as
restructuring charges hit the bottom line and the company's
performance in most markets, including the US, came in below
expectations.
Just one week after financial analysts reinforced a top credit
rating for leading Japanese cosmetic company Shiseido, the company
has posted a drop in profits as the domestic market wanes.