L'Oreal has met its targets for 2006 after reporting a strong
fourth quarter results, driven by renewed vigour in the Western
European markets and a continued strong performance in new markets
such as Russia and China.
Preventative health care trends are driving the US vitamin B
market, but niche areas like nutricosmetics and anti-ageing skin
creams could form part of a successful differentiation strategy for
the future, according to a new report...
US cosmetic producers are seeking new ways to cut operating costs
and increase competitiveness in the face of another tough trading
year, says PricewaterhouseCoopers.
Cosmetics giant L'Oreal has added three new members to its
executive committee, in a move aimed at emphasizing its focus on
the group's active cosmetics division, together with the increasing
importance of the Asian and...
Large multi-national cosmetic companies in developing markets are
at risk of being overhauled by smaller, local businesses due to la
ack of confidence in policies and growing consumer loyalty to the
smaller brands, according to a...
Italian salon hair care manufacturer Alfaparf Milano has taken on a
new distributor in the all-important Florida market, where it is
now looking to expand its operations.
Manufacturers of cellulose ether should be gearing up towards the
demands of European personal care manufacturers as new applications
within the sector broaden the scope for this innovative and
broad-ranging ingredient.
Avon Products has filed a new report with the US Securities and
Exchange Commission (SEC) outlining the latest initiatives for its
ongoing restructuring plan, leading to further charges of up to
$15m for redundancy and organizational...
The rapid evolution of the natural and organics cosmetic market in
Europe and the US is leading to increasing opportunities for
Western companies in the Asian market.
This year L'Oreal, the world's largest cosmetic player, increased
its footprint in the naturals and organic market with the purchase
of The Body Shop and Sanoflore - acquisitions that are likely to
lead to further activity...
By 2010 China is set to surpass South Korea as the second biggest
market for global leader Estee Lauder, according to a company
executive based in China.
The forthcoming Cosmbolleza & Wellness expo, due to take place
in Barcelona next March, is set to be the biggest yet, with a 25
per cent increase in exhibitors and a rise in the number of
professional visitors forecast by the...
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
With world leading market growth China has long been the focus for
international cosmetics producers. But as the market there evolves,
it seems that a new-found confidence amongst rban Chinese males is
causing them to spend more and...
Marketing may be even more important for the cosmetics industry
than new product development, say insiders - and the giants are
egging the latest trends to attract the holiday season consumer.
A recent Euromonitor report has suggested that it is the image
conscious female consumer that is driving the recent sales surge in
beauty supplements, a surge that looks set to continue with
persisting emphasis being placed on personal...
Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
Sephora, the fragrance and cosmetic retail arm of France-based LVMH
Moet Hennessy Louis Vuitton, has announced a new partnership with
Monopoly to launch a beauty based board game, targeting the
profitable holiday period.
A global product coding standard being developed for use with radio
frequency identification (RFID) technology is being tested on the
sea-shipment of cartons between Hong Kong and Japan.
Cosmetic and fragrance giant Elizabeth Arden posted a quarterly
loss on Friday, as it was hit by restructuring costs, but with
marketing spend lower than expected and sales still strong, the
underlying results appear to be solid.
Unilever has reported a 45 per cent drop in profits despite
universal sales growth and a particularly strong performance in its
personal care business.
Proctor & Gamble has reported a 27 per cent increase in its
sales and a 33 per cent increase in net earnings as the company
continues to power away on the strength of last year's merger with
Gillette and a continued improvement...
Tapping into the big trend for natural-based cosmetic and health
products, two contract research organizations - US-based Santerra
Pharmaceuticals and India-based Vedic Lifesciences - have formed an
alliance to expand into the growing...
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
Kimberley-Clark has reported a significant boost in net sales and
income, with particular strength in the personal care sector,
helped by major cost reductions throughout the company.
Nutricosmetics is again making innovative inroads, with Israeli
company IBR targeting an oral use ingredient designed for skin
whitening and brightening process - a market that is huge in Asia
and is now gathering pace in Europe.
Following the growing trend for products that aim to provide beauty
'from within' more companies are establishing product lines to
target the fast-growing nutricosmetics niche market.
A Research and Markets report has emerged highlighting the growing
trend for male grooming, detailing the particular increase in
particular niche products.
Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
The Soap and Detergent Association (SDA) has opened up online
registration for its 81st annual meeting and industry convention,
to be held in Boca Raton, Florida, 30 January - 3 February, 2007.
Rice based cosmetics are again making an impact on the beauty
industry, with the Muda Agricultural Development Authority (MADA)
in Malaysia having agreed a proposal to embark on a joint venture
with a local company in Kedah.
On the back of rising international demand for contract
manufacturing services, Dutch-Indonesian company PT Cosmar says it
is embarking on a second round of expansion to meet customer
demands.
French cosmetic giant L'Oreal has announced that it intends to
extend the Body Shop brand into international markets. The move
follows the £652m take-over of the UK based Body Shop by L'Oreal
back in March 2006.
Japanese beauty manufacturer Shiseido is expanding its research and
development centres, opening up facilities in Europe and Asia in an
effort to better appreciate the needs of its customers there and
expand beyond the US and domestic...
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
BASF and Dow Chemical have launched a long-term venture to produce
propylene oxide (PO) at the world's first commercial-scale hydrogen
peroxide propylene oxide (HPPO) plant at BASF's production site in
Antwerp, Belgium,...
First there was cosmeceuticals, now there is nutricosmetics. The
big difference is that these products are taken orally to improve
health and beauty, and according to the latest market study, it is
a rapidly-growing category that...
Oriflame has become the third foreign cosmetics company to be
granted a direct sales license in China, putting it on track to
carve out a slice of the country's fast-growing consumer market.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
Once dismissed as a fad, edible cosmetics are starting to make
their mark on the global market as an increasing number of launches
hone in on consumer desires for natural ingredients that often
happen to cross into the realms of the...
With exports of cosmetic products from China expected to rise 20
per cent during the course of 2006, China is rapidly emerging as a
world-wide hub for the cosmetics industry. But challenges for this
burgeoning industry are on the...
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
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.
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.
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.
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...