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.
Swallowfield - a UK cosmetics and toiletries manufacturer - is to
overhaul business in a bid to reposition itself as an international
supplier of contract outsourcing services to the toiletry,
household and cosmetics markets. Operations...
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.
Having announced strong half-yearly results, Malaysian Palm Oil
producer Golden Hope says that it will be looking to markets such
as China to exploit its growing oleochemicals division in an effort
to increase its presence in the...
The Lubrizol Corporation has announced the acquisition of Noveon
International, a speciality chemical producer, to create a combined
company. The move complements Lubrizol's existing businesses in
fluid technologies and will...
L'Oréal has announced a good start to 2004 following the release of
its first quarter results. The company saw growth in all of its
cosmetic divisions despite a high base of comparrison against last
year's results. The dermatology...
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
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.
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...
Laboratoires Sérobiologiques, a division of the Cognis group, has
biotransformed peptides from hibiscus seeds to develop a natural
alternative to botulinum toxin injections. Myoxinol LS 9763,
launched today at Personal Care Ingredients...
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...
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...
Kanebo, the second-largest cosmetics maker in Japan after
industry-leader Shiseido, has decided to abandon plans to sell its
core cosmetic unit to Kao. Instead the company is to ask the
Japenese government to help slash its debt in...
California-based Renaissance Herbs has entered into an exclusive
joint venture with the Chinese firm Xi'an Haotian Bioegineering to
produce and sell high quality, synthetic-grade CoQ10.
Unison Capital has put forward a management offer - believed to
match Kao's withstanding bid of €3 billion - for Kanebo's cosmetic
operations. However the revelation has not unnerved toiletries
manufacturer, Kao, who started...
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.
L'Oreal has managed to reach its financial year sales target, helped by the concentration of products launched in its first and last quarter. However, the cost of achieving this growth may translate into low earnings for its 2003 second half results...
DHC Corporation, one of Japan's leading skincare companies, has
unveiled the launch of its new Acerola Body Gel. The new
cosmeceutical moisturiser is enriched with acerola berry to hydrate
the skin with placental protein and...
Following the recent BSE scare in America, the Bureau of Health in
Taiwan has banned a list of cosmetics thought to contain prohibited
US cattle and sheep-sourced ingredients. It is believed the embargo
of American imports will encourage...
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.
Kao, Japan's biggest maker of toiletries, plans to add cosmetics to
its product lineup in China by the middle of next year in a bid to
find faster markets for growth. Kao's plans for China is aided by
its intention to purchase...
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.
US beauty group Coty is targeting the teen market with the roll-out
of its first fragrance range under the Chupa Chups label. Created
by independent designer Emmanuel Fenasse, glass bottles are encased
in brightly-coloured plastic...
NaturNorth Technologies and wood producer Potlatch and Synertec,
have developed a patented process to cost-effectively isolate large
quantities of pure betulin and other compounds from birch bark.
Many cosmetic companies use the extract...
Chindex International, US distributor of western healthcare
products and services, today announced it has established a joint
venture with Nesh Cosmetics of Israel to distribute its Natural
Formula brand in China, the world's...
China appears to be the latest Asian country to attract the
attention of the western cosmetics industry. Faced with a maturing
market in Japan, the nation's largest cosmetics company, Shiseido
has turned its attention to China.
Tokyo is set to become L'Oréal's third largest operational centre
today, following the company's shareholding extension in Japenese
Shu Uemura Cosmetics. The agreement confirms the company's
commitment to globalising...
Cashing in on the trend towards natural ingredients, and benefiting
from the synergy with its sister company SilPRO that markets silk
essence powder, New Silk Road is keen to push silk as the natural
moisturiser.
Procter and Gamble, owner of the Olay, Pantene and Head &
Shoulders lines and recent acquirer of Wella, today announced
healthy Q1 results including double-digit earnings growth for its
beauty and health care segments.
Kao, Japan's leading manufacturer of specialty chemicals and
personal care and household products, and Kanebo, the country's
second largest cosmetics maker, have announced a provisional
agreement to consolidate the two companies'...
Swedish ingredients company Karlshamns has increased its ressources
dedicated to the cosmetic industry with its investment in a new
cosmetic laboratory for its Lipids for Care business.
The wind might have changed direction for UK-based The Body Shop
with the natural beauty company reporting first half figures for
2003 that showed profit before tax rose to £9.1 million, compared
to a loss of £0.7 million for the...
Swiss flavours and fragrance company Givaudan saw operating profit
for the first half of 2003 knocked by lower gross margins and a
rise in pension charges.
Cosmeceuticals can no longer be considered a niche market,
representing up to 50 per cent of supplement sales in some
countries, maintains a new report.
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