Despite recent news that larger Japanese players are gaining
momentum on Western cosmetic manufacturers, industry insiders have
stated that there is no real, imminent threat.
The market for Halal cosmetics is growing on a global basis, but
nowhere is this trend more pronounced than in the Middle East,
where conscientious consumers are specifically searching out Halal
endorsed products.
Profits are up at Estee Lauder, prompting the company to increase
its full-year outlook, driven by strong sales growth in all
categories together with the benefits of cost saving initiatives.
Dental care and toiletries giant Colgate-Palmolive has announced a
big rise in net profits for its fourth quarter off the back of
strong sales driven by a particularly big rise in both the European
and Latin American markets.
Stressing the importance of sanitary work practices, US company
Skinvisible is launching a targeted marketing campaign for its
antimicrobial hand sanitizer lotion as part of the battle to help
prevent the spread of bird flu in Asia.
The rapid evolution of the natural and organics cosmetic market in
Europe and the US is leading to increasing opportunities for
Western companies in the Asian market.
The forthcoming Cosmbolleza & Wellness expo, due to take place
in Barcelona next March, is set to be the biggest yet, with a 25
per cent increase in exhibitors and a rise in the number of
professional visitors forecast by the...
Proctor & Gamble is back on the road to redemption in China
after its SK-II range re-appeared on store shelves this week
following a ban brought about by a scare relating to traces of
heavy metals that were found in formulations.
Food based ingredients are emerging as a key trend in the cosmetics
industry, with many beauty companies targeting the growing market
and creating product lines that incorporate natural ingredients.
Proctor & Gamble is to resume sales of its SK-II cosmetics line
after China authorities confirmed that levels of toxic heavy metals
found in the formulation were harmless, a state press report says.
Rice based cosmetics are again making an impact on the beauty
industry, with the Muda Agricultural Development Authority (MADA)
in Malaysia having agreed a proposal to embark on a joint venture
with a local company in Kedah.
On the back of rising international demand for contract
manufacturing services, Dutch-Indonesian company PT Cosmar says it
is embarking on a second round of expansion to meet customer
demands.
Japanese beauty manufacturer Shiseido is expanding its research and
development centres, opening up facilities in Europe and Asia in an
effort to better appreciate the needs of its customers there and
expand beyond the US and domestic...
Following a pan-Asian scare regarding heavy metal content in
Procter & Gamble's SK-II skin care line, South Korean
authorities have said that it has found only traces of the
suspected substances and says 'it is too little...
Procter & Gamble has ceased all sales of the SK-II skin care
line in China following allegations made by a regional watchdog
that it contained potentially dangerous chemicals.