Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
A continued and growing recognition of the LVMH Moët Hennessy Louis
Vuitton brands has helped the group to put in another strong
quarter, with sales of its major French cosmetic and fragrance
brands also making a mark.
New ingredients, new applications and new science are the focus of
the up-coming 3rd International Conference on Polyphenols in
Nutrition and Health, which promises to provide more information
for industrialists on how to better use...
The Soap and Detergent Association (SDA) has opened up online
registration for its 81st annual meeting and industry convention,
to be held in Boca Raton, Florida, 30 January - 3 February, 2007.
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.
Quest International, one of the worlds leading creative flavours
and fragrances businesses, has published a new study detailing the
secret of the human relationship with scent - research that could
lead to more targeted fragrances.
French cosmetic giant L'Oreal has announced that it intends to
extend the Body Shop brand into international markets. The move
follows the £652m take-over of the UK based Body Shop by L'Oreal
back in March 2006.
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...
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
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...
A wristband UV monitor has gone on sale in the US, marketed as a
device to help indicate when the wearer should apply sunscreen as a
means of combating increasing rates of skin cancer.
BASF and Dow Chemical have launched a long-term venture to produce
propylene oxide (PO) at the world's first commercial-scale hydrogen
peroxide propylene oxide (HPPO) plant at BASF's production site in
Antwerp, Belgium,...
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.
Procter & Gamble is on the defensive after authorities in the
Guandong and Hong Kong region of China discovered high levels of
dangerous chemicals in its SK-II skin care line following routine
testing.
First there was cosmeceuticals, now there is nutricosmetics. The
big difference is that these products are taken orally to improve
health and beauty, and according to the latest market study, it is
a rapidly-growing category that...
Oriflame has become the third foreign cosmetics company to be
granted a direct sales license in China, putting it on track to
carve out a slice of the country's fast-growing consumer market.
Fuji Photo Film says it has entered the health and beauty business
through the expansion of its existing life science business, marked
by the launch of a functional skin care range and an 'internal
care' product range.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
French luxury consumer group LVMH has reported double growth in its
overall sales for the first six months of the year, backed up by an
impressive 80 per cent leap in profits for its perfumes and
cosmetics division.
Once dismissed as a fad, edible cosmetics are starting to make
their mark on the global market as an increasing number of launches
hone in on consumer desires for natural ingredients that often
happen to cross into the realms of the...
Following a flurry of activity that saw its shares rocket this
week, Colorado-based personal care provider OraLabs has confirmed
that it is selling up to a Chinese investment company, turning the
company private again.
ASEAN says it is set to implement a single regulatory system for
its ten member states by the start of 2008, in a move that aims to
help bring it in line with regulations worldwide and attract major
international investment.
With exports of cosmetic products from China expected to rise 20
per cent during the course of 2006, China is rapidly emerging as a
world-wide hub for the cosmetics industry. But challenges for this
burgeoning industry are on the...
India-based Essel Propack, part of the Essel Group, is to enter its
15th market having unveiled plans to open up a beauty packaging
production facility in Poland that will serve growing demand for
plastic tubes in the region.
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Swedish direct sales player Orilfame has announced a significant
increase in its quarterly sales and profits to June 30 on the back
of a 41 per cent rise in local currency sales in the CIS and Baltic
region.
Having confirmed its merger with Alliance Unichem at the end of
July, newly named Boots Alliance says it is eyeing further
expansion of its cosmetic lines in retail outlets throughout the
US.
The investment world showed its disappointment in Avon's recently
announced quarterly results with a flurry of market activity that
saw the company's share price fall by more than five dollars.
Sales of premium fragrances continue to be the main driving force
behind a healthy performance for fragrance and flavours player
Givaudan, as the Swiss company confirms it will be keeping its eye
on opportunities to further consolidate...
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
Johnson & Johnson is said to be in advanced talks to buy up
Beijing-based Dabao Cosmetics - a move that could give the company
a valuable footing in what is currently a huge growth market.
Avon Products has announced a significant drop in its profits as
restructuring charges hit the bottom line and the company's
performance in most markets, including the US, came in below
expectations.
The EU's exporters and importers face paying tens of millions of
euros to comply with a new regulation aimed at reducing terrorism,
fraud and counterfeit products.
Just one week after financial analysts reinforced a top credit
rating for leading Japanese cosmetic company Shiseido, the company
has posted a drop in profits as the domestic market wanes.
Tupperware Brands, the US-based retailer of kitchenware, cosmetic
and beauty products, has announced a disappointing second quarter
in Europe and the US, further exacerbated by falling cosmetic and
beauty sales.
Germany remains a world giant in the packaging material and machine
sector, with a high demand, especially for plastics, about to reach
record levels according to a new report.
Colgate-Palmolive has announced broad top-line growth for its
second quarter on the back of strong sales, adding that hefty
restructuring charges hit profits.
Functional foods are generally defined as products imbued with
additional nutrients with health-promoting properties. But the
industry needs to be wary of foods that present no actual health
benefit from piggy-backing on the popularity...
Marinova's new fucoidan facility in Hobart, Tasmania, is on
schedule to commence operations from next month, offering fucoidans
from a broader range of microalgae species for cosmetic and
nutraceutical use.
As part of on-going restructuring to its supply chain and general
operations Beiersdorf is putting its Hirtler soap manufacturing
facility up for sale.
Avon Products China says it has now employed 114,000 sales staff in
China and is in the process of hiring a further 31,000 recruits
just four months after it was awarded its first direct sales
license in the country.
Although the market for male-specific cosmetics products in
Australia and New Zealand has grown enormously in recent years,
experts say that the characteristics of the market mean that 'the
bloke's bloke still reigns supreme'.
Having soft launched a new range of men's grooming products on the
Australian retail market, Eyre BioBotanics says it is readying to
unleash the naturals-based line on the North American retail
market.
Two US specialty chemical players, Reilly Industries and Rutherford
Chemicals, have combined to form a new business focused on three
specific areas, including the personal care market.
Tapping into significant market growth, US cosmetic and fragrance
giant Estee Lauder says it is to establish an affiliate company in
Istanbul, Turkey, with more than 300 employees and talk of further
growth to come.
A popular Japanese moisturizer has been endorsed by a US
dermatologist for the treatment of dry skin related conditions such
as eczema and other forms of dermatitis-related conditions.
French manufacturer Serac has launched Cronos, a filling and
capping line specifically designed to focus on the issues of
flexibility, precision and cleanliness in cosmetic and
pharmaceutical production.