The Nivea skin cream maker is cutting back on unprofitable lines and investing more in its skin care brands in an attempt to gain market share after seeing its third quarter profits take a tumble.
The French cosmetics giant has released its third quarter figures with revenue rising thanks to strong luxury sales, masking over a drop in demand from the mass market.
US color cosmetics and fragrance player Elizabeth Arden has posted a strong first quarter, boosted by international sales and positive currency translations.
Revlon has reported a healthy growth in sales for its third quarter on the back of a particularly strong performance in the US market, but net profits are hit by a substantial tax bill.
Avon third quarter US dollar sales were virtually flat, while a renewed SEC probe into bribes in China meant the company’s stock value has plummeted to a year low.
Thanks to strong growth in personal care, driven by acquisitions and the emerging markets, Unilever has continued its strong growth in the third quarter of the year.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Shiseido has forged a joint venture allowing it to start commercial operations in Turkey, a move that is line with the Japanese cosmetic giant’s expansion in smaller but important emerging markets.
Japanese beauty firm Kao Brands has announced it will change its name to Kao USA in North America as it attempts to operate subsidiaries in this region and Europe as unified organizations in the major countries in which they operate.
Nu Skin today announced record third-quarter results attributing strong growth in the emerging markets, currency fluctuations, and the development of its anti-aging ageLOC range for the positive figures.
A joint investment between Germany-headquartered Wacker and US-based Dow Corning for a manufacturing site in the Jiangsu province, China has been expanded further with another plant to meet growing demand for silicones.
Inter Parfums extension of the Burberry fragrance line has paid off after the company registers a huge increase in third quarter sales, mainly driven by the launch of Burberry Body.
Reed Exhibitions, organizers of in-cosmetics Asia, have taken the decision to postpone the event, as the continued threat of floods looms over Bangkok, Thailand.
US-based colors and fragrances supplier Sensient reported slightly above average third quarter figures for 2011 boosted by favorable currency translations and a strong colors group.
France-based organic cosmetics company Florame sources many of its ingredients from developing countries and argues that the practice can help support local development, although it is subject to many challenges.
Switzerland-based Clariant will open a new laboratory near Mumbai focused on developing formulations specifically for the personal care industry in India, a market that is showing continued growth.
Specialty chemicals firm Evonik has strengthened its research and development efforts in Greater China as it looks to boost local innovation, by investing €18m in expanding its centre in Shanghai Xinzhuang.
Reckitt Benckiser’s sustainability report for 2010 has shown the company has reduced its carbon footprint with decreased energy consumption in manufacturing playing a part.
Specialty chemicals firm Ashland has responded to strong demand for its Natrosol hydroxyethylcellulose (HEC) in Asia-Pacific by expanding production facilities in Nanjing, China.
Flavours and fragrance firm Firmenich saw sales increases right across the board of its perfumery business division with emerging markets posting the strongest growth, however they were hit hard by the Swiss Franc as figures dipped.
Two of the larger players in the cosmetics industry have both announced that sales are still displaying solid growth despite the significant business and economic challenges at present.
The beauty packaging industry has witnessed a series mergers and acquisitions, consolidations as well as expansions in recent months, as continued economic uncertainty unleashes business opportunities.
Anglo-Dutch consumer giant Unilever has made a multi-million euro investment to expand its production facility in Indonesia as it believes it will help to drive sustainable growth for the company in the fast-growing developing and emerging markets.
With the threat of a second global recession hovering in the wings, a Citi Investment analyst says there are concerns over the Q4 performance of US personal care players.
A round up of the latest packaging industry appointments shows new key executive positions being taken up at packaging player Topline and ingredients technology provider International Stem Cell.
The price of palm oil, which is used as a binding ingredient in cosmetic formulation, is predicted to fall in the months ahead as increased crop yields and falling demand take effect.
Beauty firm Coty has picked up an award for being the ‘Most Innovative Company in 2011, with products under its Rimmel and Sally Hansen brands recognised as stand out products.
Cosmetics giant Avon has acted to reduce its environmental footprint and meet its own green guidelines by ensuring its New York headquarters meets the LEED rating system.
L’Oreal CEO Jean-Paul Agon says the company will maintain the strong position of its cash balance in readiness for interesting acquisition possibilities.
Cosmetics giant Avon has constructed its first green Research and Development facility as it looks to build on a long term growth opportunity in Shanghai, China.
China state-run company Shanghai Jahwa is selling assets to the tune of nearly €550m with a view to investing in the international luxury cosmetics market.
In an effort to develop personal care products that benefit from different regional resources and ideas, Kimberly-Clark has opened up two new innovations centers in Colombia and Korea.
Having already tailored its business increasingly around personal care, Unilever CEO Paul Polman says the company is hoping to eventually derive most of its sales from emerging markets.
Estee Lauder reported a double digit rise in revenues and almost doubled its net profits for the fourth quarter, but rising commodity prices and economic instability make the future look uncertain.
The five biggest international finished goods manufacturers continue to post improved results, although rising costs, currency translation and sluggish developed markets continue to throw up challenges.
From September ADA Cosmetics International will distribute Aveda body care products in the hotel business in Europe, Australia, Hong Kong, Singapore and Japan.
German manufacturer Henkel saw a boost in its Q2 profits thanks to an increase in raw material prices to combat rising input costs, with growth in the emerging markets in the double-digits for the cosmetics business.
International Fragrance and Flavors has reported a significant gain in second quarter sales, with a strong performance in emerging markets offsetting higher costs and slower beauty sales.
Procter and Gamble posted double-digit growth in the fourth quarter; however it expects a slowdown in the US, Europe and other developed markets following the current financial struggle.
Ahead of Procter & Gamble’s fourth quarter results, out tomorrow, analysts believe that the overall performance will be strong, driven by emerging markets, but developed markets will be weak.
Swiss flavours and fragrance giant Givaudan announced a healthy increase in local currency sales but currency translation and raw material costs hit the bottom line.
Thanks to a ramped up marketing drive to celebrate skin care brand Nivea’s 100th anniversary, Beiersdorf’s Consumer business has shown a return to growth following a release of its figures.
Anti-aging product manufacturer NuSkin Enterprises is expecting a strong end to the year particularly in emerging markets, following steady growth for the first half of the year.
Shiseido’s big push into international markets is rewarded by increased revenues in the first quarter, while debt is cut back as the company recovers from the impact of natural disasters.
![Estée Lauder will launch new products developed by a local team especially for its Chinese consumers in Q4. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/brand-innovation/estee-lauder-set-to-debut-first-products-developed-by-china-r-d-facility-in-q4/17401473-1-eng-GB/Estee-Lauder-set-to-debut-first-products-developed-by-China-R-D-facility-in-Q4.jpg)
![ESG considerations have emerged as a central focus for China's beauty brands. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/china-s-beauty-brands-embrace-esg-focus-as-consumer-priorities-shift/17304986-1-eng-GB/China-s-beauty-brands-embrace-ESG-focus-as-consumer-priorities-shift.jpg)
![China’s beauty market is experiencing significant industry shift with the mass beauty market accelerating ahead of the luxury segment. [L'Oréal]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/china-s-mass-beauty-market-now-more-dynamic-than-luxury-l-oreal-ceo/17375859-1-eng-GB/China-s-mass-beauty-market-now-more-dynamic-than-luxury-L-Oreal-CEO.jpg)
![Well-known skin care ingredients such as collagen, niacinamide and probiotics are increasingly found among Asian oral care brands. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/oral-care-skinification-category-evolving-in-asia-with-the-new-ingredients-such-as-collagen-niacinamide/17375751-1-eng-GB/Oral-care-skinification-Category-evolving-in-Asia-with-the-new-ingredients-such-as-collagen-niacinamide.jpg)
