Taking a minority stake in Forest Essentials will provide Estee Lauder with improved access to a small but fast-growing market brimming with opportunity, says a Kline analyst.
Low costs, a large consumer base and a thriving economy look set to
ensure that the Brazil cosmetics market will continue its strong
growth, analysts believe.
Estée Lauder will be extending the reach of its Jo Malone luxury
skin care and fragrance brand in Asia in partnership with the Lane
Crawford Joyce Group.
Swelling domestic stocks for Malaysian palm oil, widely used by
bakers, left crude palm oil futures closing lower on Monday,
offering a slight relief for prices.
International cosmetics giant Estee Lauder is aiming to increase
its presence in the fast growing market of India by targeting the
country's biggest cities.
Canada-based packaging supplier CCL is looking to significantly
expand its presence in Asia in an attempt to capitalize on the
opportunities presented by emerging markets.
Global cosmetics companies operating in China should be aware of
increasingly strict enforcement of the country's advertising
standards, according to a consumer goods lawyer.
Faces Cosmetics has appointed a new CEO for international
markets who will be charged with growing the business in
some of the world's fastest growing developing markets.
Sabinsa is looking to bringing innovation to its resveratrol manufacturing capabilities after receiving a grant from the Indian government to move ahead with two new pilot trails for both nutrition and cosmetic products.
A key market trends presentation on the global cosmetics industry
given at In-Cosmetics Amsterdam highlights the fact that continued
industry growth is likely to be driven by global marketing
campaigns that take into consideration...
US firm NutraGenesis has combined two of its ayurvedic extracts in
a new 'beauty-from within' dietary supplement ingredient, which the
company says can help rejuvenate the skin and reduce signs of
ageing.
Boosted by strong domestic growth for personal care, Indian company
Anchor Health and Beauty Care says it will be
eyeing global soap and toothpaste brands as a key to further
expansion.
Oriflame's sales force increased twenty per cent during the fourth
quarter leading to strong sales results, although profit was
affected by significant restructuring costs.
Indian chemical company Vivimed Laboratories acquires UK-based
James Robinson in order to increase its global presence in the
speciality chemicals market.
Avon's ongoing restructuring program has led to the loss of 184
jobs in Northamptonshire, UK, as the company continues to trim its
operations worldwide to increase profitability.
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
The highlights of 2007's anti-ageing market include an increase in
natural active ingredients, tapping into the ever growing trend for
natural and organic products.
Evonik Goldschmidt, previously known as Degussa Personal Care, has
released a range of plant extracts in an attempt to cash in on the
growing trend for natural cosmetics.
The Chinese government has acted on promises to improve product
standards 'blacklisting' 10 domestically manufactured cosmetics,
according to press reports.
Emerging markets, particularly Brazil and Russia, are becoming
increasingly open towards natural and organic cosmetics, with both
domestic and international players getting involved in the trend.
Leading UK toothpaste packaging manufacturer Betts Global has been
bought out by private equity specialist Gresham in a move that aims
to better position the company for future global growth.
Global direct sales player Mary Kay is making a $20m investment in
the Indian market for cosmetics and personal care products in an
attempt to tap into fast-growing sales in this rapidly evolving
market.
Nivea has announced the launch of its international umbrella brand
campaign, representing a further step in Beiersdorf's business
strategy to expand its presence in the global personal care market.
Ireland-based Alltracel has revealed that it is preparing to
acquire the oral care specialist Synpart in a bid to lead the
European private label market for oral care products.
An ambitious expansion programme seems to be paying off for the
Swedish direct sales firm, Oriflame, as both sales and operating
profits register significant growth.
As savings from restructuring kick in, oral and personal care giant
Colgate-Palmolive has reported a robust quarter, with sales
significantly boosted by a raft of international product launches.
Naturally occurring saponins from the Indian soap nut tree are
becoming increasingly popular as alternatives to chemical
detergents tying in with the growing trend for natural personal
care products.
Indian scientists have found a natural-based ancient Ayurvedic
remedy for hair loss that outperforms the commercial competition,
cashing in on the growing popularity for natural products and the
extensive market for hair loss treatments.
Japanese cosmetics manufacturer Kanebo has re-launched its skin
care product range in Europe, the US and the Middle East as part of
its strategy to push forward in the premium cosmetics market.
Beiersdorf is making a move to mirror the booming success of the
Western male grooming market in India - increasing its marketing
campaign for the Nivea for Men skin whitening range.
Aiming to tap into India's booming cosmetics and personal products
market, Canadian firm Faces Cosmetics plans to set up a series
of stores across the country.
Sweden based direct sales company, Oriflame has posted strong Q1
sales growth, achieved by a concerted recruitment drive in all
areas, and promotions associated with the company's 40th
anniversary.
It comes as no surprise that a main theme of In-Cosmetics 2007 was 'Natural and Organic' ingredient alternatives. However, it was noticeable that many manufacturers were starting to diversify in this category - highlighting the benefits of Marine...
In a move that highlights a commitement to sustainable
development, the French cosmetics industry is poised to start
using a rare Madagascar Orchid that is sustainably sourced.
Swiss flavours and fragrance manufacturers Givaudan has reported
strong Q1 results - as a direct impact of the acquisition of Quest
International last year.
The global market for biocides used in the production of personal
care products has grown by 40 per cent since 1996 to reach a value
$570m, despite the fact that growth in demand is falling in the US.
Following the recent sale of its Hirtler soap factory to an
independent buyer, Beiersdorf has stated this week that it will
sell its logistics centre in Hamburg in a bid to bring the
realignment of its supply chain organisation programme...
Sales of cosmetics, toiletries and fragrances in France grew at 5.7
per cent in 2006, the fastest rate of increase in five years and a
figure that puts it well ahead of average industry growth, both
within France and the European...
In a bid to underline its position as worldwide skin care leader,
Beiersdorf has expanded its portfolio into the Czech Republic and
the Slovak Republic markets with the launch of its well-known
dermocosmetics range, Eucerin.