Colgate-Palmolive has announced broad top-line growth for its
second quarter on the back of strong sales, adding that hefty
restructuring charges hit profits.
Marinova's new fucoidan facility in Hobart, Tasmania, is on
schedule to commence operations from next month, offering fucoidans
from a broader range of microalgae species for cosmetic and
nutraceutical use.
As part of on-going restructuring to its supply chain and general
operations Beiersdorf is putting its Hirtler soap manufacturing
facility up for sale.
Avon Products China says it has now employed 114,000 sales staff in
China and is in the process of hiring a further 31,000 recruits
just four months after it was awarded its first direct sales
license in the country.
Two US specialty chemical players, Reilly Industries and Rutherford
Chemicals, have combined to form a new business focused on three
specific areas, including the personal care market.
EU and US officials will take joint action worldwide against
counterfeiting and intellectual property theft, an illegal trade
that includes millions of items of fake foodstuffs and drinks.
Advitech has secured two-part interim financing totalling C$350,000
to assist in ongoing commercialisation of its psoriasis product
from sweet whey, Dermylex. The boon for the Canadian company
coincides with the finalisation of its...
Shiseido is about to launch two new mega brand cosmetic lines on
the Japanese market that should be rolled, one of which should be
rolled out on the global market by 2007.
UK-based Cactus Botanics has launched it low molecular weight
hyaluronic acid (HA), an ingredient finding more an more
applications in both the cosmetics and food industries.
Multinational suppliers for the cosmetics and toiletries industries
are facing increasing competition from China, while Japan continues
to offer innovation, says a new report from Kline and Company.
Swiss biotech company Lonza has announced the latest move to expand
its ingredients portfolio, with the acquisition of the larch
arabinogalactan assets of US firm Larex.
The resumption of direct sales in the fast-growing China market is
providing big names such as Avon, Amway and Oriflame with plenty of
opportunity, but it seems that, with its return, an old problem is
back - the pyramid scheme.
UK capsule brand, Taxi Cosmetics, has launched its 'passengers'
colour cosmetics range in the Japanese market, marking the start of
a campaign to increase the company's presence in Asia.
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Gerresheimer chose the recent Cosmoprof event in Bologna, Italy, to
unveil the latest in glass flacon packaging, including a new
textured black glass that taps into innovative technology.
Sweden-based direct sales player Oriflame says it will continue to
focus its plans for sustained growth on Eastern Europe and
Mediterranean regions, following the publication of its 2005
financial report.
South-African-based cosmetics provider has thrown some light on
what to expect from the cosmetics world next year by predicting the
colours and textures that should prove popular.
As Avon continues to make major cut backs, analysts and market
experts are being won over as the company's position starts to look
stronger following a difficult two year period.
Creative Outsourcing Solutions International (Cosi), one of
Europe's leading contract cosmetics and toiletries producers
recently announced plans to expand its presence globally. We spoke
to CEO Bob Tolan to find out more about...
A record financial year for LVMH Moet Hennessy Louis Vuitton, is
supported by a strong performance from the company's cosmetics and
fragrance operations, boosted by the Dior brand as well as an
increasing market share for its...
The counterfeiting of high-end cosmetics and fragrances in China is
big business and it is hitting luxury goods makers hard. But they
are now fighting back harder too, and if a recent lawsuit involving
Louis Vuitton Moet Hennessy...
German cosmetic and toiletries giant Beiersdorf says it will be
realigning its Dutch and Swedish facilities as part of the second
stage of restructuring plans that aim to save €100m a year in
production costs.
Leading cosmetics and toiletries contract player Creative
Outsourcing Solutions International (Cosi) has secured an
investment restructuring plan that will help the company in its
ambitions to become one of the leading contract players...
Avon received a big boost this week after the China Commerce
Ministry approved its application to resume door-to-door sales in
the country's booming cosmetics and toiletries market.
The development of cosmetic and toiletry brands can take years to
build up, but a copycat brand can destroy all that work in just a
short period of time. And a new report finds that increasingly it
is premium brands that are being...
German cosmetics giant and marketer of the Nivea brand, Beiersdorf,
says it is poised to grow organically, with the Asian and men's
personal care market likely areas for investment.
Oriflame says that euro currency sales growth of 24 per cent in its
fourth quarter, ending in December - a strong end to a year marked
by restructuring and a major push into developing markets.
Unilever sales grew by just 2 per cent in 2005, putting them in the
shadows as arch rival P&G takes the number one consumer goods
spot following last year's purchase of Gillette.
A team of researchers working at the Hiroshima University's
Graduate School of Biomedical Sciences in Japan claims it has
clarified the structure of melanin, a move which could enable
cosmetic companies to develop more effective...
Global direct sales of cosmetic and toiletry products are growing
at a healthy 4 per cent, boosted by the opening up of the China
retail market and an increasing number of opportunities to buy
products over the internet.
Eyeing unprecedented growth in the personal care sector, global
packaging provider Rexam is to acquire China beauty packaging
business FangXin Limited.
German personal care giant Beiersdorf says it wants to achieve a
5.5 per cent of the global market for personal care products by the
year 2010 and will be particularly looking to the markets of China,
India, Brazil and Russia to help...
International sales of Brazilian cosmetic products increased by 20
per cent in 2005 and plans are under way to increase international
distribution centers to meet further growth in the coming years.
The race between home-made, joint-venture and imported skin care
products is becoming increasingly fierce as the market matures and
segmentation becomes more defined.
Axilone is tapping into the resources of its newly established
plastic and metal components packaging facility in China to supply
the needs of the cosmetic and toiletry market in the United States.
In Brazil, the State University of Campinas, Unicamp, has developed
a new test to identify pirate of fake perfumes, a problem that
costs the industry millions in lost revenues every year.
Avon has made changes to its global management structure that
reflect the importance of its key growth areas of Eastern Europe
and China, as markets in Western Europe and the US continue to
suffer from a prolonged period of stagnation.
The Estee Lauder Companies is tackling the world's largest emerging
consumer market head-on with the opening of a new research center
in Shanghai, China, this week.
Global packaging provider Rexam is expanding its US business,
announcing this week that it is set to acquire plastic packaging
firm Precise Technology- a move that will expand its capabilities
in both the beauty and food categories.
Despite the lull in its domestic market, German personal care
player Beiersdorf has revealed steady results for the first nine
months of the year, prompting the company to increase its
expectations for full year sales.
Rexam Beauty used last week's Luxe Pack show in Monaco to showcase
its most recent beauty packaging launches for the Brazil, China,
Indonesia, European and US markets.
The biggest event during 2005 has proved to be the announcement of
P&G's merger with Gillette. But a new report also points out
that with Coty's acquisition of Unilever's fragrance division,
combined with continuing...
Direct sales giant Avon has posted a seven percent drop in its
third quarter net profit. A continued lull in US sales was further
exacerbated by the impact of increasing fuel costs due to Hurrican
Katrina - a problem that the company...
Botanica BioScience Corporation has set up Cortex Scientific
Botanicals, a new division specializing in the development and
processing of high quality botanical ingredients and
clinically-tested formulas for the cosmetics industry.