Despite tough competition in developing countries having anegative
effect on Procter & Gamble's financial result, the company
confirmed its financial expectations for the third quarter.
Cosmetics giant Avon says that it is expecting strong profit and
sales growth to continue in to its third and fourth quarters. The
company said that despite flat sales in the US market, strong sales
in Central and Eastern Europe together...
The Malaysian palm oil industry looks set to play a more active
role in cosmetics formulation after the country's Palm Oil
Promotion Council declared that it was looking to expand exports of
oleochemical products.
World leading cosmetics companies have rediscovered "the rest of
the world" - everywhere outside Western Europe, North America
and Japan - as one of the strongest forces driving sales growth.
With increasing incomes, the...
Sometimes not following market trends and competitors, but sticking
to your own business and marketing strategy may be the best way to
succeed. One of the best examples of this is Avon, the sixth
largest global beauty company, which...
Outsourcing may have helped Fytokem Products, a Canadian producer
of plant-based ingredients, increase its sales from last quarter,
but they were still well down on the same period last year.
Sephora, the French concept of selling beauty products from
elaborate retail outlets, is to set up shop in Toronto before the
end of the year. This move completes its effort to conquer the
North American market begun in 1998.
French cosmetic group Inter Parfums is aggressively going at the
male personal care market following its joyful experiences in
pampering men with beauty products.
Aggressive expansion of its direct sales network into various
emerging markets has put Swedish cosmetic group Oriflame on route
for its sixth consecutive year of sales growth, writes Sibonelo
Radebe.
Perhaps the world already smells good enough, writes Jordan
Mateev, as Givaudan, the world's biggest maker of fragrances
and flavours reported another period of declining fragrance sales.
The Swiss company, whose mission is to...
Essel Propack, an important manufacturer of laminated tubes used in
the cosmetics, personal care and toiletries sector, has acquired
the UK-based Arista Tubes, which manufactures plastic seamless
tubes.
Packaging and bottling systems provider Krones has developed a new
high-speed packing tray capable of running at up to 100 cycles per
minute and a new PET-Asept Filling System for cold aseptic filling
of high- and low-acid products...
Procter & Gamble announced robust sales and profit growth for
the second quarter, exceeding its long-term targets. The strong
results were primarily driven by P&G's good performance in
beauty care and growth in developing...
Avon Products, the sixth largest global beauty company, reported
excellent sales growth in the second quarter, boosted by the
surprisingly fast-growing emerging markets. Focusing on China and
Russia, the company says it will reinvest...
Marketers of health and beauty products are watching the ageing
population of major markets in North America and western Europe
with great interest, knowing that the trend towards living longer
is bringing with it increased demand...
Mainland Chinese consumers are increasingly joining the health and
beauty craze which is gripping the west and as such have helped US
personal care group Nu Skin Enterprises to a 400 per cent increase
in revenues there during the...
The rapid growth in the use of the natural antioxidant CoQ10 in the
cosmetics and supplement industry has prompted the Japanese
corporation Kaneka to build a new plant in the US and to establish
an American subsidiary to service the...
The organisers of Propak Asia expo, held in Bangkok last month,
claim that strong growth and an upward trend in investment in the
region's processing and packaging markets were reflected by record
attendance, with particular...
German maker of Schwarzkopf hair care products Henkel recently cut
its sales growth target by nearly half to 2 per cent, blaming a
sluggish market, both at home and in other European countries.
Although Europe is a world leader in chemical production, holding
28 per cent of the world market, its proportion of global trade has
dropped by 4 per cent over the past decade. The time has come to
take action, according to two industry...
Shiseido's premium skincare line 'Beauty Voltage' is not only an
experience for the skin but for the eye as well, courtesy of BASF's
Variocrom variable colour pigment.
Japan's second largest manufacturer of household goods Lion is to
terminate a hair care product joint-venture agreement with a
Japanese unit of German company Henkel.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
China's metrosexuals, the "ai-mei nanren" (love-beauty men), are
spending their rising disposable incomes in beauty salons, and
contributing to the 8 per cent value growth experienced in the
country's cosmetics...
BASF has introduced Luviset Clear, a new resin to its range of
cosmetics and personal care ingredients that is a copolymer of the
classic vinylpyrrolidone with methacrylamide and N-vinylimidazole,
suitable for hair mousses, styling...
Cosmetics ingredients developer and manufacturer Gattefossé has
encountered a culture clash with its latest -- sexually explicit --
product newsletter.
British based cosmetics retailer The Body Shop has said its UK
business continues to provide cause for concern after first-quarter
sales dipped 4 per cent.
Inter Parfums has announced a worldwide license agreement with
Lanvin to create, develop and distribute fragrance lines under the
Lanvin brand name over the next 15 years.
Skincare technology company Radiancy aims to raise £30 million (€45
m) through its flotation on the London Stock Exchange next month.
One look at Radiancy's corporate profile tells you that it is a
small company with big ideas...
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Representatives from members of the Association of Southeast Asian
Nations (ASEAN) have gathered for a three-day cosmetics conference
in Bangkok to discuss the regulatory environment of the cosmetics
industry.
Alberto-Culver has announced that it has completed the sale of its
Indola professional hair care business to Henkel. The transaction,
effective 1 June 2004, is the latest in a series of mergers and
acquisitions in the salon hair care...
The days when it was enough for a shampoo to cleanse and a
conditioner to soften are gone, said Croda's Nick Challoner,
announcing the company's new active ingredients for hair care
products.
Moritex Europe has launched an electronic device that measures skin
moisture, elasticity, oiliness and sebum content for professional
use in salons and at point-of-sale that can demonstrate the
efficacy of beauty products.
European beauty chain Sephora launched the Californian-based
Smashbox cosmetics line to its rue de Rivoli store in Paris
today, writes Louise Sheridan.
German hair and beauty product producer Wella has this week
announced both the most profitable first quarter in the company's
history and the signing of a purchasing agreement with Procter
& Gamble, writes Louise Sheridan.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
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...
Vorwerk & Co - a German direct selling business - has announced
it is to acquire beauty care company Jafra Cosmetics. The
acquisition represents the expansion of Vorwerk into the cosmetic,
fragrance and skin care market, the largest...
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