The rise of hyaluronic acid and cheaper supplies from China means
that the anti-aging protein is now starting to be incorporated into
a wider range of skin care products.
Swedish direct sales company Oriflame has said that it expects
sales to grow at faster rates, but that significant investments,
particularly in the China and Russia markets, will impact operating
margins.
Hyaluronic acid has made the jump into the global cosmetics market
with the launch of the Estee Lauder's Perfectionist skin care
range. With the ingredient already proving a hit in the US market
for cosmetic, nutritional and...
The doors have been opened to direct sales cosmetics players such
as Avon and Oriflame, as China lifts a seven year-old ban. Freeing
up the market from December 1st, the news means roll-outs will have
to be fast in order to carve...
Rexam is expanding its plastics packaging business in a tough
market, announcing that today it has agreed to purchase a US maker
of injection-moulded jars and closures for £83m (€123m) - a move
that will expand its capabilities in...
Elizabeth Arden is making clear moves on the China market for
cosmetic and fragrances, with a 50 per cent jump in sales in the
past two and a half years spurring the company on to buy up its own
distributor in the region.
Researchers in Japan say that methylparaben, a commonly used
antiseptic agent for a range of cosmetics products, may cause skin
to age when it is exposed to ultraviolet rays.
International cosmetics companies will be eyeing further
opportunities in the China cosmetics market as growth in the skin
care sector continues at unprecedented levels. And with the
continued increase in spending power being backed...
Looking good is no longer just about what you put on your skin;
these days, it's about what you put in it too, as supplement
makers broaden out their mission from promoting health to
appearance benefits.
The Japanese government bailout agency is to finalise the list of
bidders for household and cosmetics company Kanebo as final bids
are submitted today. Although all the bidders have maintained
silence throughout the run-up, global...
Frontier Scientific claims to have become the first supplier of
CoQ10 outside of Japan with multi-ton capacity, through a deal
signed last week with Taiwan's PharmaEssentia. The agreement could
solve the problems of supplement...
L'Oreal says that shop shelves will soon see the world's first
cosmetics products to incorporate stunning new colour effects that
rely on light refraction and not pigments, reports Simon
Pitman.
Avon shareholders have filed a class action lawsuit in New York,
claiming that the direct sales cosmetics giant failed to tell the
marketplace about the true state of its business, reports Simon
Pitman.
Croda has announced a strong increase in both its sales turnover
and profits for the first six months of the year, driven primarily
by demand for skin care ingredients, reports Simon Pitman.
Oriflame has reported operating profits well down on the same
period last year, as the company's attempts to expand into new
markets hit the bottom line, reports Simon Pitman.
NuSkin Enterprises, the Utah-based cosmetics and supplements maker,
has announced record quarterly revenue. Results were given a big
boost by the performance of its supplements division, which
detracted from the performance in the...
The gap is growing between Avon's leading market, the US, and the
rest of the world, as growth in both second quarter revenue and net
income continues to prop up a sagging domestic performance. But a
dip in China sales and slower...
Flavors and Fragrance maker Sensient Technologies has reported a 13
per cent drop in its quarterly profits following sluggish sales and
a one off arbitration payment following a dispute with a customer,
reports Simon Pitman.
Kanebo, the Japanese consumer and household goods company, looks
set to be rescued with rivals L'Oreal, P&G, Kao, Shiseido and
Kosé all trying to get in on the rescue bid to rehabilitate the
company, reports reports Simon...
Ensuring a constant supply of seasonal natural ingredients is one
of the most challenging aspects for businesses within this
category. Simon Pitman reports on how Brazilian rain forest
ingredients specialist Beraca Ingredients has...
Kanebo, the Japanese consumer and household goods company, looks
set to be rescued with rivals L'Oreal, P&G, Kao, Shiseido and
Kosé all trying to get in on the rescue bid to rehabilitate the
company, reports reports Simon...
Japan's largest household and personal care producer, Kao, says it
is in talks to buy the UK's Molton Brown, a producer of luxury
cosmetics and accessories, reports Simon Pitman.
A Connecticut-based chemicals company says it has developed a new
sun care ingredient derived from yeast and aimed at providing
increased protection from UV radiation and ageing, reports Simon
Pitman.
The global market for cosmetics and toiletries reached nearly $150
billion (€125m) in 2004, up by more than 4 per cent from 2003,
according to a new study that also highlights major growth in key
developing markets.
France-based ingredients company Soliance says that the integration
of the Acorane and Somaig companies is proving to be a logical step
towards increasing innovation in its active ingredients, reports
Simon Pitman.
Botaniex says it has received financing of $1.5 million that will
be used to fund the construction of a new production plant in
Guandong Province, China, for the extraction of botanical and
herbal ingredients to supply the global...
The China government has revealed details of new licensing laws for
direct selling - legislation that is expected to herald a huge
surge business for players such as Avon and Orilfame, reports
Simon Pitman.
Hong-Kong based AS Watson, part of the Hutchinson Whampoa group, is
continuing its march into the European health and beauty retail
sector with the acquisition of Portegies Drugstore in the
Netherlands, reports Simon Pitman.
Germany-based Symrise is reorganizing its global, regional and
local fragrance management teams in an effort to hone its fine
fragrance, personal care and oral care categories, writes Simon
Pitman.
Burke International, the company that has held the trademark for
the name 'rooibos' since 1994, has informed the US Patent and
Trademark Office (USPTO) of its voluntary surrender of the mark,
meaning that other companies...
US-based Rohm and Haas says that it now has worldwide approval for
its key preservative Neolone. Simon Pitman reports on an
ingredient that is being billed as a viable option to the often
controversial parabens family.
With increasing evidence that more and more consumers are plucking
for luxury cosmetic brands on both sides of the Atlantic, a recent
report points out that, despite the twinned growth, the each
markets has very distinct characterteristics,...
UK-based international cosmetics and toiletry player Body Shop has
released projected sales figures at its AGM indicating that the
company's recovery is getting into full swing, reports Simon
Pitman.
Brazilian cosmetics and personal care company Beraca Ingredients
has launched a new line of active ingredients sourced primarily
from the Brazilian rainforests and said to be completely natural,
reports Simon Pitman.
The phenomenal boom in the number of Chinese nationals traveling
the world could be key to increasing future revenues for the global
cosmetic travel retail sector, reports Simon Pitman.
Mirroring the extraordinary growth of the organic food market, the
cosmetics market now looks set to undergo a similar revolution,
with the latest report suggesting that the UK and the US markets
are now the most advanced.
Hong Kong-based conglomerate Hutchinson Whampoa has made a £221.9
million offer for the Merchant Retail Group, a UK specialist
perfume retailer. The deal will see AS Watson, Hutchinson Whampoa's
retail division, take on one of...
French cosmetics giant L'Oréal has signed an agreement to acquire
SkinCeuticals, a cosmeceuticals skin care company based in the US,
a move that will see the business expanded into the international
market, reports Simon Pitman.
The European Cosmetic Toiletry and Perfumery Association (Colipa)
published its annual financial review of retail sales prices for
the industry, showing that in 2004 overall growth rates continued
to fall in Western Europe, whereas...
With the latest market survey revealing that more than 70 per cent
of Britons do not know what the UV index represents for weather
forecasts, aims to harmonise and simplify the present SPF standard
for sunscreen products are now all...
Schroeder & Tremayne has updated its Crayola children's foaming
hand and soap packaging, two years after it was first introduced.
The new packaging aims to give the product more appeal by making it
interactive, reports Simon...
Swedish direct sales cosmetics company Oriflame has increased its
expenditure on software for its supply chain. The investment
centres on its new business in China, which is due to be
inaugurated at the end of the year, reports Simon...
The Tokyo Stock Exchange has ordered that Japanese household goods
maker Kanebo be delisted following company executives' attempts to
inflate last year's sales figures, reports Simon Pitman.
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Avon has announced a significant increase in its first quarterly
sales, leading to an even bigger jump in net profits. Although the
UK market registered a slump in sales, it was the central and
eastern Europe markets where extraordinary...
Nevada-based Bio-Vel Technologies says it has launched the first
anti-aging skin care system designed and marketed exclusively for
men onto the US market. The range includes a number of innovative
ingredients aimed at tapping into...
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
US-owned AXM Pharma has signed two distribution agreements for its
Whispers feminine hygiene products, marking the company's continued
expansion onto the fast-growing China market. Following on from its
domestic ambitions, the...
Herbalife has launched NouriFusion MultiVitamin Skin Care - a
vitamin-enriched skin care range fortified with vitamins A, C and
E. Simultaneously unveiled on the European, North American and
Asian markets, the product is characteristic...
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