The Indian division of global certification body Ecocert says that an increasing number of Indian companies are looking to get involved in the organic cosmetic market.
Global General Technologies, owner of Collagenna Skin Care Products, says it has struck a distribution and licensing agreement that will see it expand further into the South American market.
Pharmaceutical and cosmetics contract manufacturing organisations (CMOs) in India can now claim tax credit on their advertising spend following a recent appeal court victory for US beverage giant Coca-Cola.
L’Oreal has announced a 14 per cent drop in its first half profits as a gradual rise in sales helps get the global cosmetics player back on track, beating market forecasts.
The big downturn in the luxury market has led to major structural changes in the global personal care industry that go beyond cyclical factors, claims Fitch Rating.
Education campaigns are needed to warn about the dangers of using traditional kohl eye liners found in much of North Africa and the Middle East, according to a doctor in Belgium.
Fragrance and flavour supplier Givaudan blames a drop in sales on destocking and lower consumer demand, although it said second quarter results show a slight recovery.
Lower costs boost second quarter profits for soap and toothpaste maker Colgate-Palmolive, despite the fact that global sales fell on the strength of the dollar.
The US market for beauty foods has grown significantly over the past five years, but the higher price demanded by products in this category could be putting the brakes on future growth, says market researcher Datamonitor.
Mumbai-based Galaxy Surfactants has purchased a majority stake in US-based ingredients supplier Tri-K in order to expand on its personal care portfolio and consolidate its global presence.
Rhodia has just completed the acquisition of its minority partner’s shares in its joint venture Rhodia Thai Industries, as part of the firm’s wider strategy to reinforce its global presence in specialty surfactants.
A nationwide coupon-book initiative that aims to engage natural product consumers with childhood nutrition is in its final stages of set-up, with interested manufacturers able to apply for participation until July 15.
The global skin lightening market is predicted to reach $10 billion by 2015, driven by new markets in the West and sustained growth in Asia-Pacific, a report by Global Industry Analysts (GIA) has revealed.
Indian specialty ingredients company, Lachemi, has launched a range of natural preservatives which have combined modern research techniques with the ancient tradition of Ayurveda.
Amid celebrations for L’Oreal’s 100th birthday, chief executive Jean-Paul Agon told reporters in Paris that the sales environment would improve over the coming quarters.
Jordana Cosmetics has struck up a distribution agreement that will see its range of color cosmetic products available in the growing Indian market for the first time.
As more and more cosmetics companies gain kudos thanks to increasingly rigorous ethical sourcing and trading claims, companies that ignore the phenomenon stand to lose out.
According to Mintel, ‘extreme ethical’ is set to be a major cosmetics trend for 2009, with many cosmetics companies seeking to become advocates for social change.
New figures released by the World Wildlife Fund (WFF) today reveal that only one per cent of sustainable palm oil has been bought, in spite of the Roundtable on Sustainable Palm Oil (RSPO) pledge to use sustainable product.
Skin care has been the big flag bearer in the trend for natural cosmetics but a rash of natural ingredients for toothpaste suggests that oral care is catching up.
The organic oil specialist, Earthoil, has achieved fair trade status for its Indian mint growing facility under an Institute for Marketecology (IMO) scheme in order to meet growing demand for ethical products.
The Anglo-Dutch consumer goods maker has announced strong results on the back of the sale of food operations and increased selling prices during its fourth quarter.
Reflecting the massive potential for development in the Indian market, attendance at the recent In-Cosmetics event in Mumbai increased by 54 percent, its organizers claim.
Although the Indian market remains weighted towards basic personal care and cosmetics products, a growing and increasingly affluent middle class is behind the switch to more sophisticated products.
Fighting off a stagnant domestic retail market, more and more US personal companies are turning to the Asian markets to further boost their business operations.
The secret to successfully entering the Chinese cosmetics market will be one of the focus points at this year’s Cosmoprof Asia, held in Hong Kong in November.