Eyeing unprecedented growth in the personal care sector, global
packaging provider Rexam is to acquire China beauty packaging
business FangXin Limited.
The organisers of the Cosmoprof show, to be held Bologna, Italy,
7-10 April, are targeting the international market in an effort to
continue to develop its attendence in the face of stiff
competition.
German personal care giant Beiersdorf says it wants to achieve a
5.5 per cent of the global market for personal care products by the
year 2010 and will be particularly looking to the markets of China,
India, Brazil and Russia to help...
International sales of Brazilian cosmetic products increased by 20
per cent in 2005 and plans are under way to increase international
distribution centers to meet further growth in the coming years.
The race between home-made, joint-venture and imported skin care
products is becoming increasingly fierce as the market matures and
segmentation becomes more defined.
Axilone is tapping into the resources of its newly established
plastic and metal components packaging facility in China to supply
the needs of the cosmetic and toiletry market in the United States.
In Japan the long drawn-out bidding war for the cosmetics arm of
consumer giant Kanebo has come to an end after Kao sealed a deal
totalling ¥410 billion (€2.93bn), taking it a notch or two up in
the global cosmetic stakes.
In Brazil, the State University of Campinas, Unicamp, has developed
a new test to identify pirate of fake perfumes, a problem that
costs the industry millions in lost revenues every year.
Avon has made changes to its global management structure that
reflect the importance of its key growth areas of Eastern Europe
and China, as markets in Western Europe and the US continue to
suffer from a prolonged period of stagnation.
The battle for Japaneseconsumer giant Kanebo and its cosmetics
division has been narrowed down to three players that include
Japanese personal care giant Kao, and investment groups that
include European and US companies.
Latest research from the Asian market suggests that
metrosexualization of younger men is leading to a rising demand for
unisex cosmetic products. CosmeticsDesign.com searched Mintel's
GNPD to find out if this is also happening...
Latest research from the Asian market suggests that
metrosexualization of younger men is leading to a rising demand for
unisex cosmetic products. CosmeticsDesign.com searched Mintel's
GNPD to find out if this is happening in...
The Estee Lauder Companies is tackling the world's largest emerging
consumer market head-on with the opening of a new research center
in Shanghai, China, this week.
Global packaging provider Rexam is expanding its US business,
announcing this week that it is set to acquire plastic packaging
firm Precise Technology- a move that will expand its capabilities
in both the beauty and food categories.
Despite the lull in its domestic market, German personal care
player Beiersdorf has revealed steady results for the first nine
months of the year, prompting the company to increase its
expectations for full year sales.
Rexam Beauty used last week's Luxe Pack show in Monaco to showcase
its most recent beauty packaging launches for the Brazil, China,
Indonesia, European and US markets.
Leading Japanese cosmetic producer has posted stronger than
expected nine month results, putting it in a better position as it
gears up for a final tender in early December.
The biggest event during 2005 has proved to be the announcement of
P&G's merger with Gillette. But a new report also points out
that with Coty's acquisition of Unilever's fragrance division,
combined with continuing...
A new concept in scented packaging has been jointly developed by
European, American and Asian companies to give cosmetic and
personal care a new kind of sensory packaging and another tool to
promote their products.
US chemicals player Lonza has launched Geogard Ultra, a product
that aims to meet the growing demand for alternative cosmetic
preservatives that are free of potentially harmful and toxic
properties. The product is also said to be...
Direct sales giant Avon has posted a seven percent drop in its
third quarter net profit. A continued lull in US sales was further
exacerbated by the impact of increasing fuel costs due to Hurrican
Katrina - a problem that the company...
Botanica BioScience Corporation has set up Cortex Scientific
Botanicals, a new division specializing in the development and
processing of high quality botanical ingredients and
clinically-tested formulas for the cosmetics industry.
The forthcoming Personal Care Ingredients Europe show, due to take
place in Paris next March, has been cancelled because of a lack of
support, its organisers have confirmed this week.
Body Shop International said that its latest results for the six
months up to 27 August showed new lines featuring exotic community
trade ingredients such as Brazilian babbusu nut oil and Zambian
honey have been a major driving force...
The fact that big names like the Body Shop is now trying to muscle
in on the India market is testimony that the sub-continent will be
an increasing draw for international players. And the latest report
on the countyr's fragrance...
The effects of hurricane Katrina are continuing to affect the
speciality chemicals industry worldwide as major players announce a
succession of price hikes that will affect costs of both packaging
materials and personal care ingredients.
L'Oreal has pulled out of the bidding for beleaguered Japanese
household and cosmetics group Kanebo, citing a lack of Synergy with
its existing brands.
American direct marketer Nu Skin is setting up operations in Russia
at the beginning of next year, and has tapped one of its most
successful European executives to lead the new venture.
The second round of bids for Japanese household and cosmetics group
Kanebo were submitted yesterday by ten Japanese and foreign groups
of companies, many of which have made joint offers for the JPY400
billion (€2.95bn) company.
L'Oreal thinks its Asian customers are well worth it. The global
beauty giant is opening a new R&D center in China to carry out
research into the structure and behavior of Asian skin and hair,
which it plans to use to develop...
In line with the approaching completion of its CIS Supply Centre,
Oriflame has announced that it is hooking up with machinery
supplier Weckerle to establish a lipstick manufacturing facility.
European cosmetic makers have been quick to catch on to the
promises made by 'wonder ingredient' CoQ10 with a throng of
products hitting the market in the last five years, according to
Mintel. Nonetheless, supply issues...
Recently the country on everybody's lips has been China, but with
the economy in Brazil also booming, South America's largest market
for cosmetics and toiletries has grown at 15 per cent annually over
the past three years.
With spending power growing all the more on the back of huge
economic growth, everyone is now talking about the huge potential
in the China consumer market. And it is the cosmetics sector that
many industry experts are getting particularly...
As the rapidly evolving market for consumer products continues to
grow in the face of huge economic expansion huge progress in the
retail sector is helping to shape a cosmetics industry that has
changed almost beyond recognition in...
Claims that collagen extracted from the bodies of executed
Chineseprisoners could find its way into European beauty products
have sparkedcalls for immediate controls on substances used
ascosmetic 'fillers'.
The rise of hyaluronic acid and cheaper supplies from China means
that the anti-aging protein is now starting to be incorporated into
a wider range of skin care products.
Swedish direct sales company Oriflame has said that it expects
sales to grow at faster rates, but that significant investments,
particularly in the China and Russia markets, will impact operating
margins.
Hyaluronic acid has made the jump into the global cosmetics market
with the launch of the Estee Lauder's Perfectionist skin care
range. With the ingredient already proving a hit in the US market
for cosmetic, nutritional and...
The doors have been opened to direct sales cosmetics players such
as Avon and Oriflame, as China lifts a seven year-old ban. Freeing
up the market from December 1st, the news means roll-outs will have
to be fast in order to carve...
Rexam is expanding its plastics packaging business in a tough
market, announcing that today it has agreed to purchase a US maker
of injection-moulded jars and closures for £83m (€123m) - a move
that will expand its capabilities in...
Elizabeth Arden is making clear moves on the China market for
cosmetic and fragrances, with a 50 per cent jump in sales in the
past two and a half years spurring the company on to buy up its own
distributor in the region.
Researchers in Japan say that methylparaben, a commonly used
antiseptic agent for a range of cosmetics products, may cause skin
to age when it is exposed to ultraviolet rays.
International cosmetics companies will be eyeing further
opportunities in the China cosmetics market as growth in the skin
care sector continues at unprecedented levels. And with the
continued increase in spending power being backed...
Looking good is no longer just about what you put on your skin;
these days, it's about what you put in it too, as supplement
makers broaden out their mission from promoting health to
appearance benefits.
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