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...
US personal care company Nu Skin's net income suffered from a
conference payment in Q4, but the company was happy with the large
revenue it brought in during the period.
Swedish cosmetics company Oriflame today announced an increase in
sales in Q4 boosted by the efficiency of the catalogue as a selling
tool, but operating profit was down.
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.
Takasago International, one of the leading global flavours and
fragrance groups, has established a new division in Shanghai aimed
at expanding its manufacturing and retail presence in China as well
cutting costs.
P&G has reaffirmed that its health and beauty lines,
particularly in developing markets, will continue to sustain future
growth for the company. Simon Pitman reports.
Toothpaste maker Colgate-Palmolive says it is axing more than 4,000
of its global work force and closing a third of its 78 factories in
a restructuring plan that aims to save the company up to $300
million a year. Simon Pitman reports.
Firmenich, the privately-owned Swiss flavours and fragrance group,
has reported a 4.1 per cent growth in its annual sales, driven by
the particularly strong performance of its fragrance division in
the Latin American and Asia Pacific...
International Flavors & Fragrances says it is planning the
construction of a new specialty ingredients manufacturing plant in
China, in a move that aims to boost global production capacity.
France-based research laboratory, Spincontrol is launching a new
technology to test skin whitening technologies. The development is
claimed to provide proven efficacy of whitening products for ageing
Caucasian skins as well as Asian...
Rapidly increasing consumption of cosmetics products helped fuel a
14.2 per cent growth in China's retail sales during the month of
October. The figures confirm the continued rise of cosmetics sales
in the country and the mounting...
Natural cosmetics maker Oriflame has reported a steady increase in
sales for the first nine months of the financial years, although
the most recent quarter bucked that trend, reflecting increased
costs and currency movements in international...
China's government is set to free up the market for direct sales in
the country, a move that is likely to allow the direct sale of
cosmetics by international companies such as Avon, Nu Skin and
Oriflame. Simon Pitman reports.
A declining US personal care sector, twinned with the sluggish
growth of personal care products across Europe have failed to halt
an overall increase in the global personal care market, despite
Latin America and a number of emerging...
Avon has reported strong sales growth and profits for its third
quarter financial results, but despite this weakened sales for the
US market is making some investors nervous. Simon Pitman
reports.
Sun Chemical has increased the price of all packaging inks and
coatings by three to seven per cent this month, blaming rising
petrochemical costs that could affect the entire packaging industry
for the next couple of years.
DSM Nutritional Products has launched its purified green tea
extract Teavigo in Italy, its first European market. The move is
likely to help the roll-out of the product in other member states.
According to a new report, the major forces in the cosmetics
industry - that include L'Oreal, Proctor and Gamble (P&G) and
Unilever - are turning away from sluggish US domestic markets, and
focusing their attention on the...
The urban Chinese Fast Moving Consumer Goods (FMCG) industry has
out-stripped all the fast-growing Asian economies, including India,
over the past year. And a Closer look at the ACNielsen figures
reveals that growth in cosmetics and...
DSM Nutritional Products has just opened up the world's largets
vitamin E production facility in response to growing demand from a
number of different business areas, including the cosmetics
industry, reports Dominique Patton.
Cosmetics giant Avon says that it is expecting strong profit and
sales growth to continue in to its third and fourth quarters. The
company said that despite flat sales in the US market, strong sales
in Central and Eastern Europe together...
The Malaysian palm oil industry looks set to play a more active
role in cosmetics formulation after the country's Palm Oil
Promotion Council declared that it was looking to expand exports of
oleochemical products.
World leading cosmetics companies have rediscovered "the rest of
the world" - everywhere outside Western Europe, North America
and Japan - as one of the strongest forces driving sales growth.
With increasing incomes, the...
Sometimes not following market trends and competitors, but sticking
to your own business and marketing strategy may be the best way to
succeed. One of the best examples of this is Avon, the sixth
largest global beauty company, which...
Aggressive expansion of its direct sales network into various
emerging markets has put Swedish cosmetic group Oriflame on route
for its sixth consecutive year of sales growth, writes Sibonelo
Radebe.
Procter & Gamble announced robust sales and profit growth for
the second quarter, exceeding its long-term targets. The strong
results were primarily driven by P&G's good performance in
beauty care and growth in developing...
Avon Products, the sixth largest global beauty company, reported
excellent sales growth in the second quarter, boosted by the
surprisingly fast-growing emerging markets. Focusing on China and
Russia, the company says it will reinvest...
Marketers of health and beauty products are watching the ageing
population of major markets in North America and western Europe
with great interest, knowing that the trend towards living longer
is bringing with it increased demand...
Mainland Chinese consumers are increasingly joining the health and
beauty craze which is gripping the west and as such have helped US
personal care group Nu Skin Enterprises to a 400 per cent increase
in revenues there during the...
Japan's second largest manufacturer of household goods Lion is to
terminate a hair care product joint-venture agreement with a
Japanese unit of German company Henkel.
China's metrosexuals, the "ai-mei nanren" (love-beauty men), are
spending their rising disposable incomes in beauty salons, and
contributing to the 8 per cent value growth experienced in the
country's cosmetics...
British based cosmetics retailer The Body Shop has said its UK
business continues to provide cause for concern after first-quarter
sales dipped 4 per cent.
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...