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.
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...
French cosmetics ingredients producer Coletica has confirmed that
it has received an offer from Engelhard Corporation to buy a
majority stake in its share capital, in a move that will give the
company a much-needed cash injection,...
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...
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.
The investment world has given its seal of approval to P&G's
proposed $57 billion acquisition of Gillette, with analysts
recommending Gillette shares as a good buy, but experts are
expecting that the deal will bring headaches...
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...
Sabinsa Corporation, a manufacturer and supplier of herbal
extracts, cosmeceuticals, minerals and specialty fine chemicals,
has appointed new agents in France and Germany for its
cosmeceutical line as part of a drive to extend its...
Inamed a global health care company, and its partner Ipsen, a
European pharmaceutical group, are to distribute rights of Ipsen's
botulinum toxin Type A product in selected international markets,
Cosmeceuticals, or supplements that target skin health and beauty,
are seeing fast growth in Europe since emerging as a new concept
but much of the growth so far has come from a handful of brands,
reports Dominique Patton.
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.
Encynova, a provider of precision pumps, announces the new 2-1
Development Unit, which is said to provide increased process
development versatility for a variety of chemical-based liquid
metering applications. Simon Pitman reports.