All news articles for May 2013

P&G stakeholder points to a bright future

P&G stakeholder points to a bright future

By Simon Pitman

Activist investor William Ackman says he believes Procter & Gamble’s fortunes will rebound significantly in the space of the next, but criticized the company’s CEO, Robert McDonald.

'Food-based' cosmetics gaining momentum as a trend

'Food-based' cosmetics gaining momentum as a trend

By Michelle Yeomans

Food-based ingredients are continuing to emerge as a key trend in the cosmetics industry as many beauty companies target the growing segment by creating product lines that incorporate natural ingredients.

IFF reports profits up, revenues steady

IFF reports profits up, revenues steady

By Simon Pitman

International Fragrances and Flavors has reported steady sales and a strong hike in its net profits, mainly led by strength in its fragrances division.

Nu Skin first quarter results show huge gains worldwide

Nu Skin first quarter results show huge gains worldwide

By Simon Pitman

Direct sales skin care specialist Nu Skin has posted big first quarter revenue gains as the company’s anti-aging range, ageLOC, continues to take off worldwide and sales in Greater China boom.

Symrise develops active to treat hair loss from microalgae

Symrise develops active to treat hair loss from microalgae

By Michelle Yeomans

According to Symrise, as consumer’s interest in natural and sustainable products continuously increases, more emphasis has been put on green chemistry and biotechnology to which the global cosmetic player has catered to with an active that treats hair...

Estée Lauder profits up as cost savings kick in

Estée Lauder profits up as cost savings kick in

By Simon Pitman

The Estée Lauder Companies posted solid third quarter results, as sales climbed steadily and profits rose significantly as it realized benefits from its cost restructuring program.

Argex expands titanium dioxide production in Canada

Argex expands titanium dioxide production in Canada

By Andrew MCDOUGALL

Titanium dioxide producer Argex will up its production of the sunscreen ingredient having signed a memorandum of understanding (MOU) with Valleyfield Enterprises for a long-term lease of at least 235,000 square feet of existing building space located...

As demand rises, it’s time for marine ingredient standards

As demand rises, it’s time for marine ingredient standards

By Andrew McDougall and Michelle Yeomans

The demand for marine ingredients in cosmetics has risen over the last few years and Organic Monitor’s Amarjit Sahota tells CosmeticsDesign-Europe.com that it is time to put standards in place to ensure sustainable sourcing. 

ICMAD issues industry response to Safe Cosmetics Act proposal

ICMAD issues industry response to Safe Cosmetics Act proposal

By Andrew MCDOUGALL

The Independent Cosmetic Manufacturers And Distributors (ICMAD) association has issued its response to the Safe Cosmetics and Personal Care Products Act of 2013 recently introduced by Reps. With Edward Markey and Jan Schakowsky reiterating its goals.