International skin care major Beiersdorf has reported a rise in group sales and net profit for the full year of 2021, with significant growth in Latin and North America.
Special Edition: ETHICAL BEAUTY – VEGANISM, CRUELTY-FREE AND PLANETARY GOOD
Cosmetics companies are aware and invested in sustainable action, but more can be done to drive better beauty consumption and take a more holistic approach, according to findings in Brazil that offer wider valuable learnings, say researchers.
Dandy is a cosmetics and personal care brand out of Buenos Aires, Argentina, that is focusing in on two of the biggest trends in the Latin America market – men’s grooming and sustainability.
The men’s grooming market in the Latin American market appears to be waking from a deep slumber, as younger Latinos start to take more interest in their appearance and personal care.
The trend for men’s grooming in Latin America is one of the biggest to hit the region in recent years, but that doesn’t mean to say that tapping into this growth potential is easy.
In Latin America the naturals trends has swept the region, impacting product launches across the board. That impact has also been seen in the fast-growing men’s grooming category.
Natural and organic cosmetic and personal care products continue to be a growing niche in the Latin America region, but latest research from Mintel suggests price and availability is holding it back.
Estée Lauder has reported a very strong third quarter, with gains in the Asia Pacific region being led by China, Japan, Hong Kong, Taiwan and Australia.
The demand for protection is driving the sun care market and a strong performance for the category in Brazil could lead to Latin America taking the number two spot in the global industry.
Japanese cosmetics company Shiseido is focusing on building its presence in the Latin America market, announcing that it will commence sales in the Argentine Republic.
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
L'Oreal and Nestle, plan to enter the Chinese market in 2011 with their beauty pill brand Inneov, as more young people turn to dietary supplements to improve skin and hair conditions, according to press reports.
Flavours and fragrance giant Symrise has reported very strong sales growth in the first nine months of the year, driven by outstanding gains in emerging markets.
Shortly after announcing its acquisition of hair color specialist Issue Group, India-based Godrej Consumer Products (GCPL) has said it is to purchase another Argentine hair care player.
The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.
Oral care provider Colgate-Palmolive has benefited from strong fourth quarter sales growth and positive foreign currency effects, leading it to report a substantial profit increase.
Givaudan has entered into ethical sustainability partnerships with
Australian and Venezuelan producers as part of a move towards
sustainable ingredients sourcing.
Swiss flavours and fragrance manufacturers Givaudan has reported
strong Q1 results - as a direct impact of the acquisition of Quest
International last year.
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