L’Oréal has inaugurated a new Mumbai research hub at the end of last week, which is part of plans to target significant growth in the India market, the company says.
The consumer goods maker says that it will separate its Kaya cosmetics business to create an individual division as part of restructuring aimed at sharpening the focus of the business.
P&G has announced that its current board director Johnathan Rodgers will not seek re-election, while Terry Lundgren is appointed to the board of directors.
Brazil direct sales cosmetics player Natura has acquired a controlling stake in the Australian personal care AESOP, a deal which also includes the company’s distributor.
Brussels-based chemicals company Solvay has expanded its footprint further in the Indian personal care market, through a deal with local surfactants producer Sunshield Chemicals.
The sale of Rexam Personal Care to Albéa owner Sun Capital Partners has been approved by the Chinese authorities for $459 million (€347m), allowing the French packaging company to expand its market share in cosmetics.
Kanebo Cosmetics has recently unveiled a major new business structure and vision that aims to set the company on course for significant global expansion leading up to 2015 as the domestic market continues to remain subdued.
The Malaysia-based company is expanding its footprint into Japan, the US and Europe with a goal of making RM10 million in sales by the end of 2013, after merely turning its focus to cosmetics and toiletries two years ago.
Avon Products has announced it will pull out of the South Korea and Vietnam markets and cut 1500 jobs worldwide as it continues to look for ways to stabilize the business at a turbulent time.
The UK fragrance brand is the most recent to call on specialty chemicals distributor DKSH for its expertise in selected Asian markets, in a bid to further expand its product line in the region.
The Chinese cosmetic company has announced it plans to concentrate on three of its 'super-brands' whilst phasing out its' weaker lines, in a bid to focus on its growth potential in the domestic and international markets.
Cosmetics giant L'Oreal is feeling the effects of the economic slowdown and tough trading conditions in South Korea and Taiwan, with turnover from luxury goods in South Korea down 2-3 percent this year after achieving 8 per cent growth last year.
Having posted weaker-than-expected sales in China, many analysts believe it could take Japanese cosmetics maker Shiseido a longer time to improve its credit metrics.
Flavor and fragrance supplier Symrise is planning further expansion of its perfume oil production in China, highlighting the company’s dedication to strengthening its presence in the region.
With the latest research from Mintel revealing the that color cosmetics market accounts for nearly a third of sales in many Asian countries, NYX Cosmetics has, like many brands before it, made the move into the region with its 'affordable luxury’...
Cosmetics maker L’Oréal has invested €100 million ($128 million) in its largest factory in the world in Indonesia as it continues to meet its objective of reaching one billion new consumers.
Merck Chemicals has announced the opening of a ‘Pigments & Cosmetics Technology Application Network’ (TANC) in Shanghai in an effort it says, to better meet the growing needs of Chinese consumer.
L’Oréal CEO Jean-Paul Agon has stated that he does not expect any change in the next twelve months for the global cosmetics market after the French firm posted its third-quarter sales in which growth has slowed.
Estée Lauder reports a strong first quarter results on the back of a dynamic performance in the Asia Pacific region, underpinned by particularly strong results in China, Hong Kong and Thailand; but Korea looks weaker.
Avon continues to battle through difficult times, with its most recent results significantly impacted by falling sales in the China market, as the company restructures its business model there.
China-based ingredients supplier Fenchem says it is specifically targeting growth in the fast-growing Southeast Asia market, on the back of its participation at next week's in-cosmetics Asia, to be held in Bangkok this week.
Global direct sales players Nu Skin has reported a significant jump in its third quarter revenues, underlining the fact that strong sales in South Korea and Japan made the Asia Pacific region a hot spot, although sales in the North Asian wobbled on currency...
The global chemical company has opened its new technical center in Shanghai as it looks to expand in the Chinese personal care market, amongst other sectors.
Color cosmetics maker Revlon has commented on the importance of a sustainable business in China particularly with the economic slowdown at present taking its toll on results and a change of leadership due.
Japanese confectionery maker Ezaki Glico has announced it has developed its first skin care line for the cosmetics market featuring glycogen, a carbohydrate said to be beneficial in retaining skin moisture.
South Korean manufacturer AmorePacific has announced it will complete the construction of its second manufacturing plant in China in 2014 as it views the region as a key area of growth.
France-based luxury goods maker LVMH has reported a rise in sales for the first nine months of the year, underlining a strong performance in every business segment, including perfumes and fragrances.
Next month may see a group of new leaders taking up the government hot seats in Beijing, a change that could affect sales of luxury cosmetics and fragrances which are traditionally given as 'gifts' in the business world.
The intellectual property battle between Kao and Henkel over hair dyes has been brought to an end after the Tokyo-based firm announced it had reached a settlement and agreed to drop the case.
US-based skin care and nutraceuticals specialist Nu Skin has revealed significant growth in its sales in Thailand for the year so far, on the back of the popularity of its AgeLoc brand..
Munich-based Wacker has chosen DKSH to distribute its biotech products used for personal care applications in Asia taking advantage of the Zurich-headquartered firm’s presence in the region.
Nu Skin has laid out a five year business development plan for mainland China to strengthen its position in the country’s skin care market by expanding its distribution model.
The India herbal skin and hair care products manufacturer is expanding into Pakistan, with a belief that the demand for skin care will be akin to that of the Indian market due to consumer similarities.
Global firm International Flavors & Fragrances is focusing its attention on the Asian fragrance market by opening a manufacturing plant in Singapore as part of its expansion in the region.
Chemicals company Solvay has announced that it has signed an agreement to acquire a controlling interest in Sunshield Chemicals from Amit Choksey Group, as it looks to accelerate its growth in India.
Korea-based cosmetics manufacturer AmorePacific is aiming to be one of the largest beauty brands in the world in over the next eight years, following domination of its domestic market.
In an effort to focus on Asia, the specialty chemicals distributor has teamed up with Indena, a producer of actives derived from plants to distribute personal care ingredients in China.
Hydrocolloid producer CP Kelco has built on its continuing relationship with chemicals distributor Azelis, this time expanding into the People's Republic of China and Hong Kong as the demand for nature-based products increases.
The emerging markets are all the rage for cosmetics manufacturers at present and this is no different for direct seller Avon as it targets growth in India to try and revive what has been a tough financial period for the company.
Global cosmetics giant L’Oréal has singled out the Asian markets as key to growth for the company, highlighting the number of big players targeting the region.
Global safety science company UL has announced the acquisition of ICQ Global, a consumer product testing provider with presence in the cosmetics industry across Europe, Asia and the US, in a bid to extend its global reach in consumer product testing.
Switzerland-based flavours and fragrance business Givaudan showed strong financial results for the first half of the financial year, mainly on the back of gains in its fragrance division.
Luxury fragrance and cosmetics player Estée Lauder has reported a strong rise in full year and third quarter sales on the back of continued sales growth in the US, China and from its travel retail business.
Swedish cosmetics maker Oriflame saw strong sales growth in Asia, Africa and Latin America once again for the second three months of the year, although admits that figures in Europe and CIS fell just short of expectations.
L’Occitane has continued its strategy of driving future global growth with its first foray into the Asian skin care market with its acquisition of a stake in the premium brand, Erborian, which marks the Group’ first acquisition of a brand after its listing...
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