Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Now that the doors have been shut on last week's show in Berlin,
the hard work begins with new orders and contacts being rolled out
at a pace. Equally for the organisors the work is already well
under way for next year's...
In the battle to prevent the signs of skin aging a digital
high-resolution imaging technology is becoming the preferred choice
for many beauty salons. Visia Complexion Analysis can be used to
predict how the skin will age in the future,...
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.
Women between the age of 15 and 24 in India are currently providing
the backbone to significant growth in the cosmetics industry,
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,
including Europe.
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.
Alberto-Culver says its Beauty Systems Group has completed the
acquisition of CosmoProf, a professional beauty products
distributor based in California, US.
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.
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.
In the US The Skin Cancer Foundation has awarded Obagi Medical
Products' Nu-Derm System Healthy Skin Protection SPF 35 sunscreen
with its Seal of Recommendation. The product won the award due to
its effective combination of active...
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...
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...
A new report has hailed the emerging winners in the global
cosmetics market as those who continue to use product innovation as
their main feature in driving sales growth - proving particularly
important in an ever crowded retail environment....
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.
French cosmetic group Inter Parfums is aggressively going at the
male personal care market following its joyful experiences in
pampering men with beauty products.
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...
German maker of Schwarzkopf hair care products Henkel recently cut
its sales growth target by nearly half to 2 per cent, blaming a
sluggish market, both at home and in other European countries.
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...
Cosmetics ingredients developer and manufacturer Gattefossé has
encountered a culture clash with its latest -- sexually explicit --
product newsletter.
Representatives from members of the Association of Southeast Asian
Nations (ASEAN) have gathered for a three-day cosmetics conference
in Bangkok to discuss the regulatory environment of the cosmetics
industry.
Moritex Europe has launched an electronic device that measures skin
moisture, elasticity, oiliness and sebum content for professional
use in salons and at point-of-sale that can demonstrate the
efficacy of beauty products.
European beauty chain Sephora launched the Californian-based
Smashbox cosmetics line to its rue de Rivoli store in Paris
today, writes Louise Sheridan.
The Food and Drug Administration (FDA) and the Chinese government
have announced a trading agreement to reverse action taken in China
earlier this year that suspended, on public health grounds, the
importation of US cosmetics.
As a global shift emerges towards increased hypermarket sales of
toiletries and cosmetics, there seems to be little standing in the
way of Tesco's health and beauty sector cashing in on the growing
trend.
Vorwerk & Co - a German direct selling business - has announced
it is to acquire beauty care company Jafra Cosmetics. The
acquisition represents the expansion of Vorwerk into the cosmetic,
fragrance and skin care market, the largest...
Japanese cosmetics company Shiseido is gearing up to roll out Aroma
Works - a cosmetics and beverage brand - to be launched in
collaboration with US soft-drink manufacturer Coca Cola.
Disposable wipes have evolved into a global business concept
generating more than $5 billion in sales a year, reports
Euromonitor. Achieving strong double-digit growth year after year,
the category now assumes a major role in the...
The anti-aging product market grew by 13 per cent last year - more
than doubling its previous two-year growth rate - reports the NPD
Group. It comes as no suprise therefore that increasing numbers of
pharmaceutical and cosmetic companies...
L'Oréal, the world's largest cosmetics group, is to set up a
research & development (R&D) centre in Shanghai following
the group's success in China. L'Oréal's chinese business recorded
the highest...
A rise in global demand for titanium dioxide - a natural sourced
pigment used in cosmetics and suncream - has led Millennium
Chemicals to introduce a price increase for its Tiona titanium
dioxide (TiO2) products sold in Asia, Africa,...
Avon Products is to closely follow developments in China this year
for a change in direct-selling legislation. Avon - the world's
largest direct seller of cosmetics to consumers - says it is ready
to resume direct-sales in the...
L'Oréal has opened a new manufacturing plant in India with a
production capacity of up to 100 million units per year. The new
factory is to supply India - where L'Oréal sales grew by 33.4 per
cent in 2003 - and other neighbouring...
France's perfume and cosmetics industry has reported a domestic and
global sales increase of 1.6 per cent for 2003. Findings show that
the French remain the world's top users of cosmetics and fragrances
with half a milion...
L'Oréal has signed an agreement to purchase Chinese cosmetics and
skincare brand, Yue-Sai, from US giant Coty. The deal underlines
the French company's growing presence in the Asian market.
Cosmed is set to double the number of its store outllets in the
next three years in Taiwan in order to catch up with the country's
leading cosmetics leader Watsons.
The L'Oréal group has signed an agreement to try and acquire the
Chinese skincare brand Mininurse. With five per cent market share,
the skincare brand is claimed to be one of the top three in China.
The popularity of cosmetic coolers will almost triple by the end of
2004, according to a Korean manufacturer. The mini-fridge concept,
which was launched in Asia in 1997 is set to hit the western market
as the latest in bedroom decor.
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