As expected troubled cosmetics player Revlon has amended it bank
credit agreement as a means of securing its short-term stability
after the company chose to withdraw its much maligned Vital
Radiance cosmetic line for old women.
Global manufacturing and services provider General Electric has
sold its GE Advanced Materials business, which includes its
activities in the silicones area, to Apollo management company for
$3.8bn.
US-based International Specialty Products has acquired the
encapsulation business of German company geniaLab BioTechnologie -
Produkte und Dienstleistungen - as well as signing a strategic
alliance that should boost the position of...
Following in line with the relaxation of rules for hand carry items
of passenger air flights from the US, the European Union has also
approved yesterday a new set of airline security rules that allow a
small amount of liquids to be...
Following a pan-Asian scare regarding heavy metal content in
Procter & Gamble's SK-II skin care line, South Korean
authorities have said that it has found only traces of the
suspected substances and says 'it is too little...
Airport authorities on both sides of the Atlantic have relaxed
safety rules for hand carry items on planes, bringing relief for
many cosmetics companies that rely on duty free as a significant
part of their annual sales.
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,...
Luxe Pack will be opening its doors again in Monaco from October 24
- 27, highlighting some of the latest innovations, trends and
designs from the world of luxury cosmetics and fragrances, with an
emphasis on throwing a little light...
In answer to concerns over its financial position Revlon has taken
the decision to cut its workforce and drop the badly received Vital
Radiance cosmetics line for older women.
Jarchem Industries, a New Jersey-based specialty chemical
manufacturer focusing on cosmetic ingredients, has launched a new
line of natural-based butter and oil ingredients for a wide range
of cosmetic applications, including emulsifiers,...
DSM Venturing, the corporate venturing unit of Netherlands-based
ingredients specialist DSM, says it has invested $2m in Sol-Gel
Technologies, a privately-owned company specialising in beauty and
health care applications.
Procter & Gamble has ceased all sales of the SK-II skin care
line in China following allegations made by a regional watchdog
that it contained potentially dangerous chemicals.
Procter & Gamble is on the defensive after authorities in the
Guandong and Hong Kong region of China discovered high levels of
dangerous chemicals in its SK-II skin care line following routine
testing.
The Cosmetic, Toiletry, and Fragrance Association (CTFA) has filed
a comprehensive dossier with the FDA outlining the science and
regulation of nanoparticles in personal care products.
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...
With consumers continuing to opt for cosmetic products that are
deemed to be natural and therefore safer, sales of natural &
organic cosmetics are projected to surpass the €1 billion mark for
the first time this year.
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.
With a number of companies said to be interested in buying up the
company, an executive of Finland-based Lumene Cosmetics says that a
stock market listing could be a strong possibility, as the company
continues to see strong growth...
Mass cosmetics maker Revlon has said that president and chief
executive Jack Stahl will be leaving the company to be replaced by
CFO David Kennedy, as the company struggles with lackluster sales
and mounting debts.
Kyowa Hakko has re-launched sales of its patented coenzyme Q10
following a six-year break, and is one of many companies entering
this fold as supply increases following bottlenecks.
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...
California has put cosmetics legislation back on the top of its
legislative agenda by launching a 30-day public comment period
regarding the removal of three chemicals from the Proposition 65
list of known carcinogenic chemicals,...
A packaging innovation that helps consumers time how long their
cosmetic treatment should last and even alerts them as to the time
and date of their next treatment has turned heads at this week's
Health & Beauty America show...
The world's largest cosmetic company has reaffirmed its commitment
to REACH by stressing its continued effort to meet all the
additional criteria that the legislation will require with respect
to chemicals in cosmetics formulation.
As expected, troubled fragrance player Parlux says that it will use
the intermediary services of GLMAC to off-load a number of its
non-core product lines, after the company confirmed that sales for
the latest quarter were below expectations.
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.
French luxury consumer group LVMH has reported double growth in its
overall sales for the first six months of the year, backed up by an
impressive 80 per cent leap in profits for its perfumes and
cosmetics division.
The world's largest consumer goods company has been back on the
lawsuit trail, as it continues to apply pressure on competition it
deems to be a step too close to the mark.
The on-going debate on the safety of nanotechnology in cosmetic
products has been given new fuel as scientists in France reveal
that nanotechnology has been in use for thousands of years in hair
dye.
With the Beyond Beauty expo opening its doors in Paris this Monday,
September 11, one of the key focuses will be innovation. And with
nanotechnology proving to be one of the driving forces behind this
trend, it is fitting that a series...
Having revealed mixed first half results, Swiss specialty chemicals
player Ciba has announced an investment programme that promises
increased expenditure on technologies to develop chemicals that
will focus on nanotechnology, alongside...
A new anti-aging treatment could be set to turn the market on its
head. If facial brightening manage to tap into the incredible
growth in the same way as other anti-aging products, a new category
looks set to be born.
The world's first anti-aging magazine is about to be launched,
tapping into the phenomenal growth of a market that has been
largely defined by cosmetic products such as anti-wrinkle
treatments.
The world's largest cosmetic company just goes from strength to
strength, having announced an 8.7 per cent hike in sales and a 21.8
per cent jump in net profits thanks to strong premium cosmetic
sales and continued growth in...
Growing interest in both premium end products and anti-aging
products has helped give the cosmetics and toiletries market in the
US its first significant boost after five years of falling sales.
Three major nail varnish manufacturers say they will begin removing
chemicals linked to cancer and birth defects from their
formulations, lobbyists at The Campaign For Safe Cosmetics claim.
Canadian branded cosmetics franchise business, Faces Cosmetics, is
to list on the London Stock Exchange with a capitalization of
£5.98m ($11.37m) in a move that aims to raise funds for further
expansion.
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...
Tough restrictions on the carrying on board of cosmetics products
will remain firmly in place as long as the UK government maintains
the current security status for the country.
If current economic conditions prevail, the cosmetics market in
Poland should experience steady growth, market analysts predict.
But the issue of tax on personal care products remains a
significant hurdle to overcome.
Following a flurry of activity that saw its shares rocket this
week, Colorado-based personal care provider OraLabs has confirmed
that it is selling up to a Chinese investment company, turning the
company private again.
UK-based cosmetics contract manufacturer COSi is planning to make a
big impact at next month's Beyond Beauty expo in Paris, where it
will be highlighting a themed stand that will draw on cinema as its
inspiration, as well as...
Specialty chemicals and ingredients provider Cognis has revealed
its latest six monthly results, which shows that its care chemicals
division is still by far the biggest division and continuing to
drive further growth.
Product Partners, a Los Angeles company concerned with the
marketing and distribution of health and wellness products, is
launching a global campaign, 'Breakthrough in Beauty', to find the
world's top new innovation...
As part of Beiersdorf's effort to grow the worldwide presence of
its Nivea brand, the company says it will be focusing on the
rapidly expanding Eastern European markets of Romania and Bulgaria
in an effort to raise awareness...
With consumers becoming increasingly concerned about the overall
feel, spread and pour for cosmetics and toiletry formulations, New
Jersey-based Arch Personal Care Products has developed a new
rheology modifier that is said to add...
Security threats have already made the headlines this week, but now
it seems that general global political instability is affecting
consumer confidence relating to luxury cosmetic and fragrance
purchases.
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...
The recent terror threats that caused disruption to flights
world-wide are also expected to have an impact on the cosmetics
industry, caused by the combination of airport closures and
restrictions on cosmetics that can be taken on...
Sharomix™ EG10, a versatile broad-spectrum antimicrobial liquid blend for preserving personal care products, ensures safety at usage levels ranging from...
Acme-Hardesty’s latest expansion into Canada includes Resplanta®, Botaneco®, and BYK from our partners Sharon Personal Care and Eckart Effect Pigments...
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