As the US dollar continues to gain in strength against many international currencies, macroeconomic forces could jeopardise the performance of US-based Estee Lauder.
EU Customs officials seized almost five million suspected counterfeit body care products (including cosmetics and perfumes) during 2009, with the majority coming from China, according to a new report from the European Commission.
Dow Corning is looking to expand its business in the skin care segment by investigating applications of silicones in combination with naturally-derived ingredients.
Japanese cosmetics giant Shiseido has signed a distribution deal with Everet Group to sell products in three countries of the Balkan Peninsula in Southeastern Europe.
As nanotechnology for personal care applications continues to grow, a recent study shows that big companies not often associated with the segment are getting involved.
The latest results from L’Oreal underline a strong recovery but could also point to difficult comparables and further hardships in Western Europe, analysts believe.
L’Oreal has proved it is well and truly on the road to recovery after posting double digit second quarter growth on the back of a particularly strong performance in developing markets.
China has recently overtaken the US as the second largest market for luxury goods and growth is not expected to slow, making it a crucial target for high-end cosmetic players.
The Innocosmetics event will open its doors in Berlin this October, aiming to highlight some of the key areas in industry innovation and product development, as well as focusing in on key high growth categories and market trends.
Procter & Gamble will be increasing the number of brands and products it offers in emerging markets in order to make the most of the growth potential they hold.
Growth in all its geographical markets excluding the US helped France-based natural cosmetics company L’Occitane deliver a profit above original estimates.
‘Fantastic demand’ for natural products in the US and Japan has led UK brand Bulldog to choose these two markets as the next step in its global growth strategy.
Continuing a tradition of family leadership across its portfolio of brands, Estée Lauder has promoted Jane Lauder to the position of global president, general manager of Origins and Ojon.
High-end mass market cosmetics brands such as Olay from P&G and prestige brands such as Estée Lauder are likely to outperform lower-end brands such as Avon in China, according to a new report from Bernstein Research.
A ‘buoyant’ performance in Hong Kong and Macau and strong online sales helped Hong Kong-based cosmetics retailer Sa Sa deliver a 2009 annual turnover of HK$4.1bn (€430m), up 13.9 per cent on the previous year.
Covering diverse topics including sustainability, trends and e-commerce is the conference programme for this year’s Beyond Beauty show taking place in Paris in September.
The market for professional skin care in Europe and the United States showed distinct signs of fatigue, but BRIC markets continue to power ahead and growth will return, a Kline report states.
Being seen as ‘green’ is becoming a fundamental attribute for all brands, according to the findings of the 2010 Imagepower Green Brands Survey that polled over 9,000 people in eight countries including France, Germany, China and Brazil.
Prestige brands need to increase their ‘digital competency’ in China in order to ensure future success in not just China, but in the global prestige market, according to a study from NYU Stern School of business.
International chemicals company Rhodia has announced plans to acquire China-based Feixiang Chemicals (ZJG), strengthening its position in both the surfactants market and Asia-Pacific region.
As many foreign cosmetics companies face up to the challenge of rising wages in China, the fact is that while costs rise, increased spending power is likely to translate into higher domestic sales.
Whales could be mined for use in the cosmetics and personal care industry if the current ban on commercial whaling is lifted, according to a report from UK-based charity, the Whale and Dolphin Conservation Society (WDCS).
Specialty silica demand will grow significantly in the next four years, driven mainly be demand in developing countries such as China, a Freedonia report says.
Increasing its footprint in the cosmetics and personal care market, Switzerland’s second largest retailer, the Coop Group, has acquired The Body Shop Switzerland.
US-based skin care company Murad has filed a lawsuit against the owner and operator of a website it alleges is selling its products without a formal agreement in place.
The European Union and China yesterday reached an agreement to boost research into consumer safety and explore the potential risks from nanotechnology.
The 2010 edition of in-cosmetics Asia has an educational thread that aims to open up the fast growing facial skin care market in Asia for international players as well as help Asian companies target Europe.
Ingredients supplier Jan Dekker has launched an extract of the East Asian silver vine fruit which it claims can improve skin transparency and lead to younger looking skin.
Flavour and fragrance ingredients manufacturer and supplier, Treatt, said its Group results for the six months period ending 31 March 2010 were ‘satisfactory’ in light of current economic conditions.
A range of cosmetics with mix-it-yourself formulas and ‘transformer’ ingredients have become available in Europe after proving popular in China and India.
Leading glass bottle beauty packaging supplier, Arrowpak, is increasing its focus on plastics packaging solutions for the skin care market as a means of expanding its business.
While consumer demand for green packaging is growing, it is still of secondary concern compared to the main priorities of simplicity, functionality and personality, according to Benjamin Punchard, head of packaging research at Euromonitor.
The trend for ingestible beauty products with beauty enhancing claims has slowed in Europe despite last year’s brighter predictions, according to Mintel.
Lonza has confirmed that its planned vitamin B3 production expansion will occur in China, where the firm expects a double digit surge in demand for the ingredient in coming years.
US-based Topline Products Company, a supplier of cosmetics products and packaging, has announced the establishment of a manufacturing facility in Reynosa, Mexico.
French cosmetics player L'Occitane says its recent IPO has helped it to raise HK$5.5bn (€553m) as part of efforts to target expansion in the fast growing China market.
Colgate-Palmolive has announced strong sales growth for its first quarter, driven by robust overseas sales, but tax charges relating to the Venezuelan currency devaluation hit profits.