Takasago International, one of the leading global flavours and
fragrance groups, has established a new division in Shanghai aimed
at expanding its manufacturing and retail presence in China as well
cutting costs.
Japanese cosmetic manufacturer Shiseido has announced that its
research has discovered that adenosine contains hair re-growth
properties, and that it is expecting to market as a hair growth
product in Japan from next Spring.
P&G has reaffirmed that its health and beauty lines,
particularly in developing markets, will continue to sustain future
growth for the company. Simon Pitman reports.
Health Canada has confirmed that the labelling of all ingredients
on cosmetics products will become compulsory in the course of the
next two years, bringing the country in line with the United States
and Europe. Simon Pitman reports.
Industry bodies have hit back at claims by a US study team that a
chemical commonly used as a preservative in a variety of cosmetic
products may damage unborn foetuses, saying that doses are far too
small to have such an effect.
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.
Soft Gel has been awarded a US patent (6,806,259) for its Injuv
soft gelatin capsule, a skincare supplement aimed at improving skin
texture and appearance.
Firmenich, the privately-owned Swiss flavours and fragrance group,
has reported a 4.1 per cent growth in its annual sales, driven by
the particularly strong performance of its fragrance division in
the Latin American and Asia Pacific...
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.
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...
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.
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.
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.
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...
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.
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...
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.
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...
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.
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...
British based cosmetics retailer The Body Shop has said its UK
business continues to provide cause for concern after first-quarter
sales dipped 4 per cent.
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Alberto-Culver has announced that it has completed the sale of its
Indola professional hair care business to Henkel. The transaction,
effective 1 June 2004, is the latest in a series of mergers and
acquisitions in the salon hair care...
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.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...
Anti-ageing, cellulite and skin whitening are the words on
everyone's lips this year at InCosmetics 2004 in Italy. As Estee
Lauder reports double digit sales for its third quarter, the
company's R&D vice president Dr...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...
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.