A US-Malaysian partnership has completed the first phase of
annotating the oil palm genome in a process it hopes will enable
increased oil yields and sustainability.
The FDA has agreed to evaluate an anti-wrinkle injection treatment
from France-based pharmaceutical company Ipsen which if approved
would provide a rival for Allergan's Botox.
Nu Skin claims to have identified a previously unknown cause of
skin aging that could help the company create products that fight
wrinkles before they appear.
Geisha makeup is meeting the modern cosmetics industry and
returning to the Japanese market with the launch of one of the most
expensive lipsticks in the world.
Unilever has pledged to use only palm oil certified as sustainable
by 2015, while also supporting calls for a moratorium on further
deforestation for palm oil in Indonesia.
Symrise has reported a sales increase for the first quarter of 2008
led mainly by emerging markets but bottom line figures suffered due
to higher energy and raw material costs.
Cosmederm Technologies has signed a distribution agreement with
Health Sciences to market its anti-aging and anti-itch products in
the Asia Pacific region.
A key market trends presentation on the global cosmetics industry
given at In-Cosmetics Amsterdam highlights the fact that continued
industry growth is likely to be driven by global marketing
campaigns that take into consideration...
Animal testing alternatives, regulatory issues and innovation
within the industry are amongst the subjects on the agenda at
Colipa's annual general assembly next month.
Unilever has announced its plans to invest a further Ft 2 bn
(€7.7m) into its cosmetics and household chemicals plant in
Northeast Hungary in order to boost production in the area.
Microalgae company Cyanotech will focus on marketing its
antioxidant BioAstin for the human cosmeceutical, nutraceutical and
nutritional supplement markets.
US firm NutraGenesis has combined two of its ayurvedic extracts in
a new 'beauty-from within' dietary supplement ingredient, which the
company says can help rejuvenate the skin and reduce signs of
ageing.
Boots is considering the launch of its No7 Protect & Perfect
range on several international markets in a move that could see the
private label brand rival the big players.
Authorities in New Zealand are considering measures to introduce
stricter ingredient labelling regulations in the country as a means
of drawing attention to potentially hazardous ingredients.
The global market for anti-aging products - topical, dietary and
pharmaceutical - is predicted to increase due to growing interest
from an ever younger consumer base.
Male grooming is motivated by work and social situations and
related to ideas of status advancement; however attitudes vary
across countries, according to a Beiersdorf survey.
The continued growth in male grooming products, combined with the
development of emerging markets is helping to further grow the
world market for shaving products.
The global skin care market is predicted to be worth $44.8bn by
2010, driven by an aging population, growing consumer affluence and
the increasing importance of the emerging markets, according to a
report by Global Industry Analysts.
Boosted by strong domestic growth for personal care, Indian company
Anchor Health and Beauty Care says it will be
eyeing global soap and toothpaste brands as a key to further
expansion.
The world's largest cosmetics company, L'Oreal, has acquired a 50
per cent controlling stake in the beauty business Le Club des
Createurs de Beaute, currently owned by 3 Suisses International.
PPR Group has reported strong results for 2007 despite negative
effects of the weakening of the yen and the dollar that negatively
impacted the luxury goods division.
Henkel has reported a positive sales increase for its cosmetics and
toiletries sector although sales in North America have suffered
across all divisions.
Eyelash enhancers have blurred the line between cosmetics and drugs
landing two companies in a regulatory snare but La Canada Ventures
has been careful to avoid trouble.
First snail slime, then snake venom, now it is frog skin.
Scientists in South Korea are claiming that a new study has shown
the skin of bullfrogs produces antioxidants that can help fight
human skin aging.
The member countries of the Association of South East Asian Nations
(ASEAN) have adopted International Fragrance Association (IFRA)
standards in a move to facilitate trade of fragrance products with
the countries.
As part of its ambitions to grow its brand footprint on a global
basis, Germany-based Beiersdorf says it wants to up its
investment for marketing and advertising in the US market.
Germany-based Drs. Hans Schreuder is teaming up with China-based
RHEI Pharmaceuticals in a deal that will ensure that its natural
skin care line is distributed throughout fast-growing markets in
Asia.
UK-based cosmetics company Lush has signed a deal with an
Australian company for the supply of Indian sandalwood for a new
product range based on the oil.
Oriflame's sales force increased twenty per cent during the fourth
quarter leading to strong sales results, although profit was
affected by significant restructuring costs.
Givaudan achieved savings by integrating Quest International ahead
of plan, increasing its product portfolio and allowing it to
refocus on higher value-adding ingredients.
A new medical report has highlighted potential dangers relating to
certain active ingredients found in skin lightening products not
authorized for sale in Europe.