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...
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.
Estee Lauder has reported a strong first quarter, with profits
rising 23 per cent to $95 million. And like the rash of other
cosmetics companies posting good results in the last week, it is
the international markets outside of the...
Carton packaging continues to be significant for the cosmetics
industry, with steady global market growth of 9 per cent in the
period 1998-2003 largely represented by a visible shift towards
secondary packaging for mass market brands.
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...
Despite Wella reporting a 7.2 per cent increase in sales for its
core cosmetics and fragrance business in the first six months of
the year, the company has reported a drop in group profits bought
on by restructuring costs - a factor...
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.
Despite announcing rising profits yesterday, both Unilever and
Proctor & Gamble saw their stock prices slip, reflecting
growing concerns over excessive competition in the FMCG sector.
Simon Pitman reports.
Australian-based pharmaceuticals and biotechnology group Novogen
has announced its entry into the cosmetics field, following claims
that its anti-inflammatory drug NV-07a has proved to be a
successful anti wrinkle treatment. Simon...
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.
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....
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.
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
businesses.
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...
Fierce competition in the consumer goods sector has driven Unilver,
maker of some of the world's leading cosmetics and toiletry brands,
to cut back its earnings outlook for 2004 with a view to changing
it five-year sales targets.
US-based Health Sciences has re-formulated Sense, its skin and
personal care product line. The product has been re-launched
containing the company's new preserving technology, which is said
to contain a number of active ingredients...
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.
Despite tough competition in developing countries having anegative
effect on Procter & Gamble's financial result, the company
confirmed its financial expectations for the third quarter.
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...
Outsourcing may have helped Fytokem Products, a Canadian producer
of plant-based ingredients, increase its sales from last quarter,
but they were still well down on the same period last year.
Sephora, the French concept of selling beauty products from
elaborate retail outlets, is to set up shop in Toronto before the
end of the year. This move completes its effort to conquer the
North American market begun in 1998.
French cosmetic group Inter Parfums is aggressively going at the
male personal care market following its joyful experiences in
pampering men with beauty products.
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.
Perhaps the world already smells good enough, writes Jordan
Mateev, as Givaudan, the world's biggest maker of fragrances
and flavours reported another period of declining fragrance sales.
The Swiss company, whose mission is to...
Essel Propack, an important manufacturer of laminated tubes used in
the cosmetics, personal care and toiletries sector, has acquired
the UK-based Arista Tubes, which manufactures plastic seamless
tubes.
Packaging and bottling systems provider Krones has developed a new
high-speed packing tray capable of running at up to 100 cycles per
minute and a new PET-Asept Filling System for cold aseptic filling
of high- and low-acid products...
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...
The rapid growth in the use of the natural antioxidant CoQ10 in the
cosmetics and supplement industry has prompted the Japanese
corporation Kaneka to build a new plant in the US and to establish
an American subsidiary to service the...
The organisers of Propak Asia expo, held in Bangkok last month,
claim that strong growth and an upward trend in investment in the
region's processing and packaging markets were reflected by record
attendance, with particular...
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.
Although Europe is a world leader in chemical production, holding
28 per cent of the world market, its proportion of global trade has
dropped by 4 per cent over the past decade. The time has come to
take action, according to two industry...
Shiseido's premium skincare line 'Beauty Voltage' is not only an
experience for the skin but for the eye as well, courtesy of BASF's
Variocrom variable colour pigment.
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.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
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...
BASF has introduced Luviset Clear, a new resin to its range of
cosmetics and personal care ingredients that is a copolymer of the
classic vinylpyrrolidone with methacrylamide and N-vinylimidazole,
suitable for hair mousses, styling...