Hair colour maker Hoyu is set to buy a controlling stake in former Kanebo spin-off company Kracie Holdings for about 25 billion yen ($261m), according to press reports.
Although the Indian market remains weighted towards basic personal care and cosmetics products, a growing and increasingly affluent middle class is behind the switch to more sophisticated products.
Symrise has partnered with a Californian producer of botanical extracts as part of plans to become the number one global supplier of green cosmetic ingredients.
Having acquired Kanebo Cosmetics in 2005, the logistics operations
for the two businesses are now in the throes of a massive
integration operation as part of aims to fully synthesize the
business.
Lavender oil is a frequently used fragrance for personal care
products but as it has been linked to contact dermatitis
formulators have been known to steer clear of the ingredient.
Although the Asia Pacific region continues to be the main launch
pad for new nutricosmetics products, latest market movements show
that the UK and US are catching up.
Procter and Gamble (P&G) claimed today to have made a hair
coloring breakthrough that will transform the future of the
category and persuade more women to color their hair at home.
US consumers are becoming increasingly concerned over social and
environmental implications when choosing packaged food and beverage
brands, according to a new report by Information Resources, Inc
(IRI).
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
The merger and acquisition highlights for 2007 include
consolidation in the natural and organics market, further
acquisitions by the biggest players and rumors concerning the
future ownership of Clarins and Estee Lauder.
Natural and organic Peter Rabbit baby care products are coming to
Europe as concern over the impact of certain synthetic chemicals on
children's health grows.
Mary Kay has opened a new distribution centre and
headquarters in Mexico after twenty years of trading in the country
- a move that celebrates the success of direct selling in the
emerging market.
The Union for Ethical BioTrade could help cosmetics companies
negotiate the regulatory 'minefield' of trading with local
producers in Africa, South America and Asia, whilst ensuring
ethical trade that benefits small scale...
Evonik Goldschmidt, previously known as Degussa Personal Care, has
released a range of plant extracts in an attempt to cash in on the
growing trend for natural cosmetics.
Wal-Mart's sustainability programme, which is forcing manufacturers
worldwide to reduce their environmental impact, has come under
heavy criticism from a coalition of international labour and
civic organisations for being "unsustainable".
Symrise is combining its plant extracts under the new product line
'Actipone', with the intention of expanding the range of natural
active ingredients designed for use in cosmetics.
Demand is growing for natural cosmetics in China, driven by a
traditional preference for natural ingredients and the fear of
toxic chemicals in consumer goods.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
Emerging markets, particularly Brazil and Russia, are becoming
increasingly open towards natural and organic cosmetics, with both
domestic and international players getting involved in the trend.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
The International Cooperation on Cosmetic Regulation (ICCR) is
calling for increased international cooperation within the
industry, in areas such as nanotechnology and alternatives to
animal testing.
Business development company Allied Capital has pledged $51m
towards the buyout of hotels personal care and amenities supplier
Gilchrist & Soames by private equity group Swander Pace
Capital.
There are 383 cosmetic products on the US market that contain
ingredients banned in other countries, according to a new survey by
the Environmental Working Group (EWG).
Global direct sales player Mary Kay is making a $20m investment in
the Indian market for cosmetics and personal care products in an
attempt to tap into fast-growing sales in this rapidly evolving
market.
Vaseline launches its 'Skin is Amazing' campaign, inviting
consumers to express their own skin story, and in turn adding to a
number of marketing campaigns from big industry players that take a
more holistic approach to...
Cosmetics giant L'Oreal has reportedly challenged eBay, in five
European countries, for failing to combat the sale of counterfeit
goods through its internet auction website.
Virginia based packaging company, MeadWestvaco, has announced its
acquisition of Keltec Dispensing Systems, which specializes in
airless packaging systems.
Heat-shrink labels with integrated holograms could help the
personcal care industry in the fight against counterfeiting and
forgery, the manufacturers claim.
An ambitious expansion programme seems to be paying off for the
Swedish direct sales firm, Oriflame, as both sales and operating
profits register significant growth.
A leading Filipino personal care player has announced its aim to
expand further into international markets for natural-based
products; a move it hopes to fund through its share flotation.
Indian scientists have found a natural-based ancient Ayurvedic
remedy for hair loss that outperforms the commercial competition,
cashing in on the growing popularity for natural products and the
extensive market for hair loss treatments.
The recent scare over tainted toothpaste imported from China is
forcing US authorities to mount pressure on the China government to
impose restrictions and increase vigilance over imports of gray
market goods that continue to flood...
As more and more skin care and vitamin manufacturers tap into the
growing trend for alternative beauty options, the cosmeceutical
industry is booming - however, the UK is lagging behind other
countries in Europe due to strict regulations...
Male grooming has reached such heights that a new term has been
coined for the section of men that are outside of the traditional
brackets. The 'Ubersexual man' is said to be a potential goldmine
for global manufacturers...
Procter & Gamble said that net quarterly sales were up 8 per
cent to $18.69bn, driven by double-digit growth in the baby &
family care division and high single-digit sales growth in the
beauty and blades and razors division.
Sweden based direct sales company, Oriflame has posted strong Q1
sales growth, achieved by a concerted recruitment drive in all
areas, and promotions associated with the company's 40th
anniversary.
The Federation of European Direct Selling Association (FEDSA) has
attended a meeting with the EC to seek a reform of consumer
protection legislation in Europe, to allow for global cosmetic
companies to more freely retail in these...
Although China has long been tipped as the next big market for
international cosmetics companies to target, experts are now
turning their focus on Indonesia and Turkey as the next hotly
tipped place for investment.