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...
Essentially New Zealand says it has been 'overwhelmed' by the
response to the active ingredient Totarol, which it showcased at
last week's In-Cosmetics show. Its natural antibacterial properties
have already proved...
The European Union has cleared the acquisition of France-based
Marionnaud Parfumerieries by AS Watson, part of Hong Kong
conglomorate Hutchinson Whampoa. The deal wins the group a
controlling stake in Marionnaud, reports Simon Pitman.
Italian company Unifill, a manufacturer of vertical thermoform,
fill andseal machines for monodose plastic packs for the food,
pharmaceutical,cosmetics and personal care industries, will be
displaying upgraded and new models at the...
Alcan is to sell its European aluminum tubes business operationsto
its current management team and 21 Centrale Partners, an investment
fund specialised in high-potential mid-size industrial companies,
reports Simon Pitman.
Amway has broken into the Russian market in a bid to tap into huge
consumer growth. The direct sales company is aiming to establish a
sales force for its range of cosmetics and household products from
centres based in Moscow and Nizhni...
Alcan is to purchase a packaging manufacturing site in the
ChineseSuzhou region, which will be equipped to fabricate beauty
and personal care products. The company says the move will better
serve it to and meet fast growing regional...
Rohm and Haas has selected the site for its new China research and
development center in Shanghai, as part of its move to increase the
development of specialty material products for a number of Asia
Pacific industries, including personal...
Global packaging provider Rexam has announced flat results for the
full year 2004, with its plastics packaging division boosted by a
particularly good performance from its beauty operation, reports
Simon Pitman.
Givaudan has reported that sales fell in 2004, with a poor
performance from its fragrance division hampered by its fragrance
ingredients business combined with unfavourable currency exchange
rates, reports Simon Pitman.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
Shiseido, Japan's leading cosmetics group, has commenced a joint
research project in an effort to discover new herbal ingredients
for its cosmetic products, writes Simon Pitman.
Campaigns for cosmetic and toiletry products are leading a major
surge in advertising expenditure in China, latest research
information shows. The findings reflect the continued growth and
investment in an industry hotly tipped for...