Breaking News on Cosmetics Formulation & Packaging - North America EU edition

News in brief

Godrej Consumer Products increases African footprint with acquisition

15-Mar-2010 - India-based Godrej Consumer Products has acquired Nigerian beauty brand Tura from the Tura Group.

Key cosmetics players point to sustainability as way out of recession

12-Mar-2010 - Following a succession of weak financial results some, of the biggest players in the personal care industries are pointing to sustainability measures as a means of exiting the recession.

Launches for Inter Parfums will help drive 2010 sales

11-Mar-2010 - New scents for Lanvin and Paul Smith, and the Burberry cosmetics line are expected to drive 2010 sales for perfume manufacturer Inter Parfums.

Hypermarcas expands in Brazil with three acquisitions

11-Mar-2010 - Beauty and over-the-counter medical provider Hypermarcas is increasing its footprint with the announcement that it is acquiring three new businesses this week.

Helen of Troy to acquire Pert Plus and Sure

10-Mar-2010 - Personal care player Helen of Troy is to acquire the Pert Plus hair care and Sure anti-perspirant and deodorant businesses from consumer products company Innovative Brands.

Beiersdorf results show upturn, but outlook is unsure

09-Mar-2010 - Beiersdorf’s fourth quarter and full year results show clear signs of improvement, but analysts believe a strong rebound is far from close.

Shiseido tender offer for Bare Escentuals goes ahead

09-Mar-2010 - Shiseido has confirmed that its tender offer for the outstanding shares in Bare Escentuals has passed the withdrawal date.

Brazil plans sanctions on US-made cosmetics

09-Mar-2010 - The Brazil government has threatened to introduce trade sanctions against US produced cosmetics in retaliation over subsidies the US government is paying to its cotton farmers.

Croda restructures Canadian operations to improve efficiency

04-Mar-2010 - Specialty chemicals manufacturer Croda will be restructuring its Canadian operations in an attempt to make cost savings and improve its efficiency.

News in brief

International Flavors & Fragrances gets favorable financial rating

04-Mar-2010 - International Flavors & Fragrances has been added to the financial market coverage of investment broker Stifel Nicolaus, which has started the ingredients company off with a 'buy' rating.

Personal care helps to buoy Beiersdorf results

04-Mar-2010 - Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.

News in brief

Revlon appoints leader of treasury and investor relations

03-Mar-2010 - Cosmetics company Revlon has appointed Elise Garofalo to the position of senior vice president of treasurer and investor relations.

News in brief

Estée Lauder creates Corporate Marketing Center of Excellence

02-Mar-2010 - The Estée Lauder Companies has established a new Corporate Marketing Center of Excellence designed to better understand its global consumers.

News in brief

New global business director for Noveon Consumer Specialties

01-Mar-2010 - Specialty chemical company Lubrizol has appointed Rick Tolin to the position of global business director of personal care and home care for Noveaon Consumer Specialties.

News in brief

Colgate-Palmolive appoints two new members to board of directors

26-Feb-2010 - Global oral care giant Colgate Palmolive has appointed two new members to its board of directors as current director Jill Conway's term in office draws to an end.

BASF Q4 provides up-tick to an otherwise weak 2009

26-Feb-2010 - BASF said that an improved fourth quarter performance led to a profit, rounding off an otherwise disappointing year for the chemicals giant.

News in brief

Bare Escentuals announces double-digit sales growth for Q4

25-Feb-2010 - Bare Escentuals said that its fourth quarter net sales grew by 12 percent to $147.1m, while net income was $35.1m, representing an increase of 59 percent.

Revlon sales drop on poor color cosmetics performance

25-Feb-2010 - The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.

Natura shows big leap in both sales and profits during 2009

25-Feb-2010 - Leading Brazilian direct sales cosmetics company Natura has shown industry leading growth in the course of 2009, despite harsh economic conditions.

News in brief

New CFO for Physicians Formula

23-Feb-2010 - Cosmetics company Physician Formula Holdings has appointed Jeff Berry to the position of chief financial officer.

L’Oreal to concentrate on new markets in 2010

18-Feb-2010 - Having been hard hit by the economic downturn in 2009 L’Oreal says new markets will help to counteract limited growth opportunities in developed markets.

Unilever fined for propellant levels in deodorants

18-Feb-2010 - Consumer goods giant Unilever has been fined $1.3m for violations of California’s air quality regulations.

News in brief

New Chairman and CEO for IFF

17-Feb-2010 - International Flavors and Fragrances (IFF) has appointed Douglas D Tough to the role of company Chairman and CEO from March 1.

Sara Lee confident about selling off remaining HBC brands

17-Feb-2010 - Sara Lee says that following the sale of the majority of its Household and Body Care (HBC) division, it is ‘confident’ it will sell the remaining third of the business.