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...
Although the Asia Pacific region continues to be the main launch
pad for new nutricosmetics products, latest market movements show
that the UK and US are catching up.
US consumers are becoming increasingly concerned over social and
environmental implications when choosing packaged food and beverage
brands, according to a new report by Information Resources, Inc
(IRI).
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 merger and acquisition highlights for 2007 include
consolidation in the natural and organics market, further
acquisitions by the biggest players and rumors concerning the
future ownership of Clarins and Estee Lauder.
Mary Kay has opened a new distribution centre and
headquarters in Mexico after twenty years of trading in the country
- a move that celebrates the success of direct selling in the
emerging market.
The Union for Ethical BioTrade could help cosmetics companies
negotiate the regulatory 'minefield' of trading with local
producers in Africa, South America and Asia, whilst ensuring
ethical trade that benefits small scale...
The Chinese government has acted on promises to improve product
standards 'blacklisting' 10 domestically manufactured cosmetics,
according to press reports.
Wal-Mart's sustainability programme, which is forcing manufacturers
worldwide to reduce their environmental impact, has come under
heavy criticism from a coalition of international labour and
civic organisations for being "unsustainable".
Symrise is combining its plant extracts under the new product line
'Actipone', with the intention of expanding the range of natural
active ingredients designed for use in cosmetics.
Demand is growing for natural cosmetics in China, driven by a
traditional preference for natural ingredients and the fear of
toxic chemicals in consumer goods.
First quarter sales made significant progress at Elizabeth Arden,
which the company said was largely attributable to the successful
international launch of its new Mariah Carey fragrance.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
The International Cooperation on Cosmetic Regulation (ICCR) is
calling for increased international cooperation within the
industry, in areas such as nanotechnology and alternatives to
animal testing.
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.
Business development company Allied Capital has pledged $51m
towards the buyout of hotels personal care and amenities supplier
Gilchrist & Soames by private equity group Swander Pace
Capital.
There are 383 cosmetic products on the US market that contain
ingredients banned in other countries, according to a new survey by
the Environmental Working Group (EWG).
Eco-friendly packaging specialist Plantic will soon be entering the
US market as part of a development, marketing and branding
agreement with chemical firm DuPont.
The Roundtable on Sustainable Palm Oil (RSPO) says it is on the
cusp of delivering on its promise to put sustainable oil on the
market, and will be unveiling its certification system at its next
meeting in November.
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.
Vaseline launches its 'Skin is Amazing' campaign, inviting
consumers to express their own skin story, and in turn adding to a
number of marketing campaigns from big industry players that take a
more holistic approach to...
China Bionanometer Industries has launched a new line
of facial mask treatments based on natural active
ingredients derived using biological nanometer technology to
provide enhanced skin moisturizing, smoothening and whitening
Cosmetics giant L'Oreal has reportedly challenged eBay, in five
European countries, for failing to combat the sale of counterfeit
goods through its internet auction website.
Virginia based packaging company, MeadWestvaco, has announced its
acquisition of Keltec Dispensing Systems, which specializes in
airless packaging systems.
An Israeli biotechnology firm is marketing a carotenoid product
that promises to protect against UVA damage; capitalising on the
current concern regarding inadequate levels of UVA protection.
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.
Heat-shrink labels with integrated holograms could help the
personcal care industry in the fight against counterfeiting and
forgery, the manufacturers claim.
Tainted toothpaste has turned up among the supplies of a luxury
provider of toiletries for international hotels, taking the Chinese
toothpaste scare beyond the gray market.
Mozambican authorities have seized counterfeit toothpaste that may
contain a potentially deadly ingredient used in anti-freeze,
further contributing to a fast-growing global scare.
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.
China has recently announced a ban of diethylene glycol, the toxic
ingredient found in the widely banned toothpaste - representing one
of a number of moves attempting to reassure its export market.
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.
Swedish direct sales agent Oriflame has broken new ground with the
launch of its first toothpaste last week - incorporating a
tooth-whitening product to capitalise on the booming whitening
market.
Growing concerns regarding irresponsible palm oil production has
led The Body Shop to announce an initiative to introduce
sustainable palm oil into cosmetic manufacturing.
The Chinese oral care industry is being further impacted following
the news that the UK is now joining the list of countries
announcing that hazardous toothpaste products, believed to
originate from the country, are being found on...
Spanish authorities have instigated an EU-wide response to
hazardous toothpaste products originating from China, with the
announcement that it is to withdraw certain brands from the Spanish
market.
In response to pressure from US and other worldwide regulation
authorities, the China government has reported that it is
developing stricter certification for oral care products.
Global oral and personal care player Colgate-Palmolive has
announced that Ian Cook has taken over from Reuben Mark as CEO of
the company as part of a long-term succession plan that will allow
the out-going Mark to retire.
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.
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