The forthcoming Personal Care Ingredients Europe show, due to take
place in Paris next March, has been cancelled because of a lack of
support, its organisers have confirmed this week.
Body Shop International said that its latest results for the six
months up to 27 August showed new lines featuring exotic community
trade ingredients such as Brazilian babbusu nut oil and Zambian
honey have been a major driving force...
The fact that big names like the Body Shop is now trying to muscle
in on the India market is testimony that the sub-continent will be
an increasing draw for international players. And the latest report
on the countyr's fragrance...
The effects of hurricane Katrina are continuing to affect the
speciality chemicals industry worldwide as major players announce a
succession of price hikes that will affect costs of both packaging
materials and personal care ingredients.
American direct marketer Nu Skin is setting up operations in Russia
at the beginning of next year, and has tapped one of its most
successful European executives to lead the new venture.
L'Oreal thinks its Asian customers are well worth it. The global
beauty giant is opening a new R&D center in China to carry out
research into the structure and behavior of Asian skin and hair,
which it plans to use to develop...
In line with the approaching completion of its CIS Supply Centre,
Oriflame has announced that it is hooking up with machinery
supplier Weckerle to establish a lipstick manufacturing facility.
European cosmetic makers have been quick to catch on to the
promises made by 'wonder ingredient' CoQ10 with a throng of
products hitting the market in the last five years, according to
Mintel. Nonetheless, supply issues...
Recently the country on everybody's lips has been China, but with
the economy in Brazil also booming, South America's largest market
for cosmetics and toiletries has grown at 15 per cent annually over
the past three years.
With spending power growing all the more on the back of huge
economic growth, everyone is now talking about the huge potential
in the China consumer market. And it is the cosmetics sector that
many industry experts are getting particularly...
As the rapidly evolving market for consumer products continues to
grow in the face of huge economic expansion huge progress in the
retail sector is helping to shape a cosmetics industry that has
changed almost beyond recognition in...
Claims that collagen extracted from the bodies of executed
Chineseprisoners could find its way into European beauty products
have sparkedcalls for immediate controls on substances used
ascosmetic 'fillers'.
The rise of hyaluronic acid and cheaper supplies from China means
that the anti-aging protein is now starting to be incorporated into
a wider range of skin care products.
Swedish direct sales company Oriflame has said that it expects
sales to grow at faster rates, but that significant investments,
particularly in the China and Russia markets, will impact operating
margins.
Hyaluronic acid has made the jump into the global cosmetics market
with the launch of the Estee Lauder's Perfectionist skin care
range. With the ingredient already proving a hit in the US market
for cosmetic, nutritional and...
The doors have been opened to direct sales cosmetics players such
as Avon and Oriflame, as China lifts a seven year-old ban. Freeing
up the market from December 1st, the news means roll-outs will have
to be fast in order to carve...
Rexam is expanding its plastics packaging business in a tough
market, announcing that today it has agreed to purchase a US maker
of injection-moulded jars and closures for £83m (€123m) - a move
that will expand its capabilities in...
Elizabeth Arden is making clear moves on the China market for
cosmetic and fragrances, with a 50 per cent jump in sales in the
past two and a half years spurring the company on to buy up its own
distributor in the region.
International cosmetics companies will be eyeing further
opportunities in the China cosmetics market as growth in the skin
care sector continues at unprecedented levels. And with the
continued increase in spending power being backed...
Frontier Scientific claims to have become the first supplier of
CoQ10 outside of Japan with multi-ton capacity, through a deal
signed last week with Taiwan's PharmaEssentia. The agreement could
solve the problems of supplement...
Avon shareholders have filed a class action lawsuit in New York,
claiming that the direct sales cosmetics giant failed to tell the
marketplace about the true state of its business, reports Simon
Pitman.
Croda has announced a strong increase in both its sales turnover
and profits for the first six months of the year, driven primarily
by demand for skin care ingredients, reports Simon Pitman.
Oriflame has reported operating profits well down on the same
period last year, as the company's attempts to expand into new
markets hit the bottom line, reports Simon Pitman.
NuSkin Enterprises, the Utah-based cosmetics and supplements maker,
has announced record quarterly revenue. Results were given a big
boost by the performance of its supplements division, which
detracted from the performance in the...
The gap is growing between Avon's leading market, the US, and the
rest of the world, as growth in both second quarter revenue and net
income continues to prop up a sagging domestic performance. But a
dip in China sales and slower...
Flavors and Fragrance maker Sensient Technologies has reported a 13
per cent drop in its quarterly profits following sluggish sales and
a one off arbitration payment following a dispute with a customer,
reports Simon Pitman.
The global market for cosmetics and toiletries reached nearly $150
billion (€125m) in 2004, up by more than 4 per cent from 2003,
according to a new study that also highlights major growth in key
developing markets.
France-based ingredients company Soliance says that the integration
of the Acorane and Somaig companies is proving to be a logical step
towards increasing innovation in its active ingredients, reports
Simon Pitman.
Botaniex says it has received financing of $1.5 million that will
be used to fund the construction of a new production plant in
Guandong Province, China, for the extraction of botanical and
herbal ingredients to supply the global...
The China government has revealed details of new licensing laws for
direct selling - legislation that is expected to herald a huge
surge business for players such as Avon and Orilfame, reports
Simon Pitman.
Hong-Kong based AS Watson, part of the Hutchinson Whampoa group, is
continuing its march into the European health and beauty retail
sector with the acquisition of Portegies Drugstore in the
Netherlands, reports Simon Pitman.
Germany-based Symrise is reorganizing its global, regional and
local fragrance management teams in an effort to hone its fine
fragrance, personal care and oral care categories, writes Simon
Pitman.
UK-based international cosmetics and toiletry player Body Shop has
released projected sales figures at its AGM indicating that the
company's recovery is getting into full swing, reports Simon
Pitman.
Brazilian cosmetics and personal care company Beraca Ingredients
has launched a new line of active ingredients sourced primarily
from the Brazilian rainforests and said to be completely natural,
reports Simon Pitman.
The phenomenal boom in the number of Chinese nationals traveling
the world could be key to increasing future revenues for the global
cosmetic travel retail sector, reports Simon Pitman.
Mirroring the extraordinary growth of the organic food market, the
cosmetics market now looks set to undergo a similar revolution,
with the latest report suggesting that the UK and the US markets
are now the most advanced.
Hong Kong-based conglomerate Hutchinson Whampoa has made a £221.9
million offer for the Merchant Retail Group, a UK specialist
perfume retailer. The deal will see AS Watson, Hutchinson Whampoa's
retail division, take on one of...
With the latest market survey revealing that more than 70 per cent
of Britons do not know what the UV index represents for weather
forecasts, aims to harmonise and simplify the present SPF standard
for sunscreen products are now all...
Schroeder & Tremayne has updated its Crayola children's foaming
hand and soap packaging, two years after it was first introduced.
The new packaging aims to give the product more appeal by making it
interactive, reports Simon...
Swedish direct sales cosmetics company Oriflame has increased its
expenditure on software for its supply chain. The investment
centres on its new business in China, which is due to be
inaugurated at the end of the year, reports Simon...
The Tokyo Stock Exchange has ordered that Japanese household goods
maker Kanebo be delisted following company executives' attempts to
inflate last year's sales figures, reports Simon Pitman.
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Avon has announced a significant increase in its first quarterly
sales, leading to an even bigger jump in net profits. Although the
UK market registered a slump in sales, it was the central and
eastern Europe markets where extraordinary...
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
US-owned AXM Pharma has signed two distribution agreements for its
Whispers feminine hygiene products, marking the company's continued
expansion onto the fast-growing China market. Following on from its
domestic ambitions, the...
Herbalife has launched NouriFusion MultiVitamin Skin Care - a
vitamin-enriched skin care range fortified with vitamins A, C and
E. Simultaneously unveiled on the European, North American and
Asian markets, the product is characteristic...
L'Oreal chief executive says that the company's strong performance
in the US market is being overshadowed by sluggish sales in Europe.
Meanwhile the company's continued focus on the China market is
market by a major...