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...
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...
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...
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.
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.
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.
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.
Emil Flachsmann, a Swiss supplier of natural compounds and
ingredients for cosmetics, is to come under the wing of flavours
multinational Frutarom, following an agreement between the two
companies announced this week.
Avon Products, a world leader in direct selling of beauty and
related products, today said it expects sales and earnings per
share in the second quarter and full-year 2003 to increase in line
with preliminary estimates.
The L'ORéAL-UNESCO programme 'For Women In Science' today
celebrated its 5th anniversary at a ceremony honouring twenty women
scientists from all corners of the globe.
US firm The New Silk Road has formed a manufacturing and marketing
partnership with ServiGlobe International Manufacturing, a contract
manufacturer based in Montreal, for skin and hair care products.