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...
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.
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.
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.
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.
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.
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).
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...
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.
Heat-shrink labels with integrated holograms could help the
personcal care industry in the fight against counterfeiting and
forgery, the manufacturers claim.
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.
A leading Filipino personal care player has announced its aim to
expand further into international markets for natural-based
products; a move it hopes to fund through its share flotation.
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.
The recent scare over tainted toothpaste imported from China is
forcing US authorities to mount pressure on the China government to
impose restrictions and increase vigilance over imports of gray
market goods that continue to flood...
As more and more skin care and vitamin manufacturers tap into the
growing trend for alternative beauty options, the cosmeceutical
industry is booming - however, the UK is lagging behind other
countries in Europe due to strict regulations...
Male grooming has reached such heights that a new term has been
coined for the section of men that are outside of the traditional
brackets. The 'Ubersexual man' is said to be a potential goldmine
for global manufacturers...
Procter & Gamble said that net quarterly sales were up 8 per
cent to $18.69bn, driven by double-digit growth in the baby &
family care division and high single-digit sales growth in the
beauty and blades and razors division.
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.
The Federation of European Direct Selling Association (FEDSA) has
attended a meeting with the EC to seek a reform of consumer
protection legislation in Europe, to allow for global cosmetic
companies to more freely retail in these...
Although China has long been tipped as the next big market for
international cosmetics companies to target, experts are now
turning their focus on Indonesia and Turkey as the next hotly
tipped place for investment.
The UK's leading health and Beauty store, Alliance Boots, is due to
be sold into the private sector, following the backing of board
members of a £10.6bn take-over bid.
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...
Following recent news that Japanese players are becoming
increasingly prevalent in the global top ten cosmetics ranking,
Kanebo has announced that it will now aggressively step up its
business worldwide.
The market for Halal cosmetics is growing on a global basis, but
nowhere is this trend more pronounced than in the Middle East,
where conscientious consumers are specifically searching out Halal
endorsed products.
Momentive Performance Materials has launched a new ingredient for
the skin care segment - Silsoft E-Pearl emulsion - a non-ionic
emulsion with sensory benefits as well as skin lightening
capabilities.
The European Travel Retail Council (ETRC) has been lobbying the
European Parliament in a bid to sort out 'transfer passenger
problems' that are said to be affecting duty-free sales of cosmetic
and fragrance products.
An unlikely trend amongst hair care manufacturers may be emerging
thanks to an innovative UK hair salon, which has recently
introduced a new treatment that uses semen derived from bulls as a
lead ingredient - marketed towards the...
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.
From 31st March all passengers flying in and out of
Australia will be limited to taking on board cosmetics and any
other liquids that are less than 100ml in size.
L'Oreal has yet again reported booming operating profits, driven by
lucrative acquisitions such as natural cosmetics company, The Body
Shop and product innovations – but despite the continued rise, net
earnings came in below...
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...
Anti-aging skin care, currently the biggest driving force for
industry growth, is now branching out into the hair care segment,
as the latest launch from California-based Jan Marini Skin Research
proves.
Avon's turn around is starting to happen, after the company
reported a 9 per cent boost in sales for the fourth quarter on the
back of strong fragrance and color sales.
US-based GE Energy Financial Services yesterday confirmed it would
take a majority interest in Idex Aquaservices, a France-based
supplier of purified water to the food, beverage and
cosmeticsindustries.
Allergic reactions to hair dyes are reaching new heights as more
and more young people become preoccupied with altering their
outward appearance, according to a recent study by the British
Medical Journal this week.
Profits are up at Estee Lauder, prompting the company to increase
its full-year outlook, driven by strong sales growth in all
categories together with the benefits of cost saving initiatives.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
In line with huge growth in the market for cosmetics and toiletries
and the recent scare of the P&G SK-II skin care line, China
authorities have more than doubled the number of banned substances
for formulations.