Proctor and Gamble recently released its quarter-one financial results, indicating a turbulent market and the company’s philosophy on surviving the economy.
Mexico, Brazil, Colombia and Chile are the most dynamic and robust beauty markets in the Latin America, which is why Cosmetics Design is taking a closer look at the key trends and market data.
The Latin American beauty industry is set for further growth, with the outlook for the region’s beauty remaining strong, although the rate of growth will slow compared to the last five years.
Over the weekend, it was announced that the soap and personal care company (along with three other local companies) will be receiving loan and grant monies to help grow business in the region from the Quebec Economic Development Program.
A French funding and development organisation recently launched a new ‘Performance Accelerator’ programme, and picked out ingredients manufacturer Alban Muller as one of its first companies to back.
Japanese beauty giant Shiseido has been building its presence in Bangladesh, through setting up a grassroots marketing network in rural farming villages.
Share prices in Coty have been volatile ever since the company announced major expansion plans last year, and the trend has been downward so far this year, reflecting a number of uncertainties.
In the first in a series of articles focusing on the cosmetics industry in Colombia, we look at how, after years of improved political stability and economic growth, the country is now emerging as an increasingly important player in the industry.
Nivea skin care maker Beiersdorf has, like many, experienced a tough time in a tough financial climate, but it has still continued its profitable growth plan having seen growth in 2014.
The increasing demand from industries such as personal care for bio-based products is driving the global oleochemicals market which is expected to reach $30.03 billion by 2020.
As Cosmetics Europe announced that President of L’Oréal France, Loïc Armand, will take the reins as its President for the 2014 -2016 term, CosmeticsDesign-Europe.com was given an exclusive interview with the new boss - and his outlook is very positive.
UK-based consumer researcher, Aspen Clinical Research is moving into the East Coast after seeing an increase in opportunities based on cosmetics sales in that region, last year.
Cosmetics Design caught up with Daniel Oliveira, of ABIHPEC's business intelligence unit, who explained that there are still big opportunities in the market for cosmetics and personal care, despite signs of the economy slowing down.
Industry veterans like Alain Khaiat, President of Seers Consulting, was amongst engaging presenters at last week's first ever Cosmetics Vision event, where he outlined his strategy for cracking the Asian markets.
Unilever, Colgate-Palmolive and Procter & Gamble are amongst the biggest personal care players that have been significantly affected by continued currency volatility in Venezuela.
New product innovations, rising demand for natural and organic, and expanding consumption in emerging markets are tipped to help boost the global market for shaving lotions and creams.
Ahead of the results for its second quarter, the embattled cosmetics giant is being tipped to continue to gain ground as cost saving measures and a trimmer business structure pay dividends.
Patriach Partners, which holds controlling stakes in Stila Cosmetics and Jane Cosmetics, has appointed the investment company's founder Lynn Tilton to head up the two businesses.
It seems that the restructuring plan implemented by Procter & Gamble CEO Bob McDonald last year is now giving financial analysts reason to believe the company's longer term future is looking bright.
Procter & Gamble may have turned a corner in the past few months, and with margins showing improvement for the first time in many quarters, financial analysts are starting to give the business a more positive outlook.
The personal care packaging manufacturer is to close two of its European sites and restructure twelve of its facilities in a bid it says, to boost future growth in the region.
Prestige fragrance sales in US department stores increased 7 percent to $1.6bn between January and September 2012, with particularly strong growth among niche and jewelry brands according to The NPD Group.
Coty has delayed plans to go on a spending spree on the back of a $700m initial public offering, with uncertainties in the global economy cited as the reason, reports say.
A new report from Vietnam’s Chemical Cosmetic Association highlights the fact that 90 percent of the cosmetic brands on sale in the country are imported.
The economic downturn has left its mark on the US beauty and personal care packaging market as sales dropped in 2011, according to analyst Companies & Markets.
L’Oreal has confirmed that it is proposing to make a $42m investment to increase the production capacity at its production facility in Kenton County, Kentucky.
Brazil has continued to significantly outstrip global market growth for cosmetics, despite the economic downtown, and the increases are expected to be sustained offering significant opportunities, according to Euromonitor.
Cosmetics retailer Ulta Beauty has announced the Grand Opening of a new 373,000 square foot distribution center at 95 Kriner Road in Chambersburg, Pennsylvania.
Packaging supplier Rexam has announced it is now ‘actively marketing’ its Personal Care business for sale following the release of the company’s 2011 results.
The unstable economic environment, particularly in Europe, has taken its toll on the consumer packaging business, with beauty packaging being one of the worst hit, according to global packaging supplier MWV.
Amidst poor financial results and allegations of bribery, cosmetics company Avon is deferring strategic decisions, focusing on the short term and planning job cuts as it enters a transition period, according to outgoing CEO Andrea Jung.
Many personal care companies are currently facing the dilemma of making further investment in sustainability and becoming greener against a backdrop of rising costs and inflation.
Two of the larger players in the cosmetics industry have both announced that sales are still displaying solid growth despite the significant business and economic challenges at present.
Lonza and Arch Chemicals have announced an agreement in which the Swiss supplier has agreed to commence a tender offer for 100 per cent of Arch’s outstanding shares of common stock, with the personal care sector expected to benefit.
The Indian color cosmetics market is predicted to return annual growth of 12 per cent over the coming three years, according to a report from market researcher RNCOS.
Shiseido says it will start selling its cosmetic brands in Colombia as part of plans first implemented at the beginning of this year to increase its global footprint.
After a difficult couple of years bought about by economic downturn, the US skin care market is poised for a return to healthy growth, market researcher Mintel forecasts.
Procter & Gamble, the world’s biggest consumer goods company, posted results below market expectations yesterday and put nerves further on edge by predicting that growth would slow in the next two quarters.
The latest results from L’Oreal underline a strong recovery but could also point to difficult comparables and further hardships in Western Europe, analysts believe.
California-based oral care provider Dr. Fresh has made the leap into the natural oral care market with the acquisition of Dr. Ken’s Floss and Go product line.
Kimberly-Clark has weathered the economic storm relatively well compared to the other big personal care players, prompting the company to paint a rosy long-term forecast.
The economic crisis meant that 2009 was a struggle for prestige cosmetic players, but financial results show that in the last quarter of the year things started to improve.
Retail cosmetic sales grew at 16.9 per cent in China during the course of 2009, a figure that defies the global market trend but indicates slower underlying growth.