Functional foods are generally defined as products imbued with
additional nutrients with health-promoting properties. But the
industry needs to be wary of foods that present no actual health
benefit from piggy-backing on the popularity...
Marinova's new fucoidan facility in Hobart, Tasmania, is on
schedule to commence operations from next month, offering fucoidans
from a broader range of microalgae species for cosmetic and
nutraceutical use.
As part of on-going restructuring to its supply chain and general
operations Beiersdorf is putting its Hirtler soap manufacturing
facility up for sale.
Avon Products China says it has now employed 114,000 sales staff in
China and is in the process of hiring a further 31,000 recruits
just four months after it was awarded its first direct sales
license in the country.
Although the market for male-specific cosmetics products in
Australia and New Zealand has grown enormously in recent years,
experts say that the characteristics of the market mean that 'the
bloke's bloke still reigns supreme'.
Having soft launched a new range of men's grooming products on the
Australian retail market, Eyre BioBotanics says it is readying to
unleash the naturals-based line on the North American retail
market.
Two US specialty chemical players, Reilly Industries and Rutherford
Chemicals, have combined to form a new business focused on three
specific areas, including the personal care market.
Tapping into significant market growth, US cosmetic and fragrance
giant Estee Lauder says it is to establish an affiliate company in
Istanbul, Turkey, with more than 300 employees and talk of further
growth to come.
A popular Japanese moisturizer has been endorsed by a US
dermatologist for the treatment of dry skin related conditions such
as eczema and other forms of dermatitis-related conditions.
French manufacturer Serac has launched Cronos, a filling and
capping line specifically designed to focus on the issues of
flexibility, precision and cleanliness in cosmetic and
pharmaceutical production.
The Jamaican government's plan to rapidly expand into the
nutraceutical and cosmeceutical industry has culminated in a three
year program carried out by the Jamaican Scientific Research
Council (SRC) to develop a host of natural-based...
Japanese film and packaging manufacturer Aicello is about to launch
a new form of soap on the US market that has proved to be a big hit
in Japan and elsewhere in Asia.
EU and US officials will take joint action worldwide against
counterfeiting and intellectual property theft, an illegal trade
that includes millions of items of fake foodstuffs and drinks.
Advitech has secured two-part interim financing totalling C$350,000
to assist in ongoing commercialisation of its psoriasis product
from sweet whey, Dermylex. The boon for the Canadian company
coincides with the finalisation of its...
Ciba Speciality Chemicals has formed a joint venture with
India-based Virchow Drugs in an effort to expand its share of the
growing cosmetics market in Asia and further improve its position
in the region.
Shiseido is about to launch two new mega brand cosmetic lines on
the Japanese market that should be rolled, one of which should be
rolled out on the global market by 2007.
Germany-based global chemicals giant BASF has finally completed the
acquisition of US specialty chemicals and personal care ingredients
player Engelhard following months spent battling against hostile
bidding.
As all the big cosmetic and toiletry brands continue their battle
to stamp out the damaging effects of counterfeit products, a Swiss
company bas developed a new camera phone technology that can help
distinguish fakes from the real...
As part of moves to cut costs and increase its competitiveness
global personal care player Unilever has announced an agreement
which will see its human resource operations outsourced.
Cosmetics industry bodies in Europe, the USA, Japan and South
Africa have signed an agreement to unify sunscreen product testing
- a move that takes the industry one step closer to having
internationally recognized sunscreen labelling...
The gap between demand and global supply of potent antioxidant
coenzyme Q10 (CoQ10) is narrowing, as major manufacturers expand
their capacity and new sources enter the marketplace.
UK-based Cactus Botanics has launched it low molecular weight
hyaluronic acid (HA), an ingredient finding more an more
applications in both the cosmetics and food industries.
Multinational suppliers for the cosmetics and toiletries industries
are facing increasing competition from China, while Japan continues
to offer innovation, says a new report from Kline and Company.
Noni has been long known as a health and juice ingredient but
increasingly it is being included in cosmetic and toiletry
products, as evinced by the latest hair care line from Tahitian
Noni International.
Estoril, Portugal is the venue for this year's Colipa AGM - one of
the European industry's primary forum. The CosmeticsDesign team
will be covering the event, which this year centres on the
all-important theme of consumer...
Latest market research suggests that the Middle Eastern market for
cosmetics and personal care products is set to experience major
growth this year as the region's economy and retailers continue to
experience significant growth.
Having increased its offer to buy out leading personal care
supplier Engelhard, Germany-based BASF is looking more and more
likely to be successful in its hostile takeover bid.
Having confirmed strong sales growth for the first three months of
the year, German cosmetics giant Beiersdorf says it is expecting to
build on growth during the course of 2006.
Strong growth in sales of beauty products continues to see the
Brazilian market powering away. In 2005 the market grew at 34.2 per
cent to become the world's fourth largest market - well above the
world's 8.2 per cent average...
Swiss biotech company Lonza has announced the latest move to expand
its ingredients portfolio, with the acquisition of the larch
arabinogalactan assets of US firm Larex.
The resumption of direct sales in the fast-growing China market is
providing big names such as Avon, Amway and Oriflame with plenty of
opportunity, but it seems that, with its return, an old problem is
back - the pyramid scheme.
The Grape Seed Extract Company is the latest New Zealand company to
tap the nutraceutical potential of a waste product of a traditional
industry, with an antioxidant extracted from grape seeds left over
by wine-makers using a non-chemical...
Procter & Gamble has reported a 37 per cent jump in its
profits, but share prices fell after the company revealed that its
sales had failed to meet with expectations on the back of inventory
cut-backs by Wal-Mart and slower than...
Two of the leading cosmetic players in the US have simultaneously
posted a big drop in their profits as they are hit by costs
associated with restructuring plans that aim to shape up the
businesses.
The Body Shop says that widespread criticism of its merger with
French cosmetics giant L'Oreal has failed to have an impact on the
stronger performance the company has experienced throughout the
financial year.
UK capsule brand, Taxi Cosmetics, has launched its 'passengers'
colour cosmetics range in the Japanese market, marking the start of
a campaign to increase the company's presence in Asia.
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Colgate-Palmolive has successfully implemented increased pricing
and a greater emphasis on higher margin goods to help boost its
first quarter results despite the challenge of facing stiff
restructuring costs.
The European Commission has adopted a directive to combat
intellectual property offences against consumer goods, including
luxury cosmetics and fragrances. The new law means that
counterfeiters could face a four year jail term if...
Gerresheimer chose the recent Cosmoprof event in Bologna, Italy, to
unveil the latest in glass flacon packaging, including a new
textured black glass that taps into innovative technology.
Sweden-based direct sales player Oriflame says it will continue to
focus its plans for sustained growth on Eastern Europe and
Mediterranean regions, following the publication of its 2005
financial report.
A partnership between an Israeli and a South Korean company has
come up with what is claimed to be a first - anti-ageing patches
that target specific areas of the face.
Estee Lauder Companies has sold the stila color cosmetics brand to
Stila Corp, an affiliate of Florida-based equity firm Sun Capital
Partners, in a move that aims to concentrate on the more profitable
brands in its portfolio.
South-African-based cosmetics provider has thrown some light on
what to expect from the cosmetics world next year by predicting the
colours and textures that should prove popular.
Two leading suppliers of Spirulina, a protein rich in vitamins and
used in a variety of natural-based personal care products, have
voiced their concerns over what they believe are over-zealous
regulations that forced them to cease...
As Avon continues to make major cut backs, analysts and market
experts are being won over as the company's position starts to look
stronger following a difficult two year period.