The third annual Skincare Ingredients virtual event was wrapped up on June 12th, giving cosmetic ingredients professional an opportunity to network and catch up on the latest industry trends.
Estée Lauder reported good sales growth in all regions except for Europe, where economic problems mean consumers are having to cut back on their spending.
Solid trading in personal care and health care has left Croda in a strong position after third quarter trading was announced on September 30, 2011, and commented on this week by company chairman Martin Flower.
Givaudan announced a big dip in its sales for the third quarter, although strong local currency sales growth stresses the underlying strength of the business.
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.
Latest data from the Chinese government show that the market for cosmetics has continued to grow in excess of 17 per cent for the first nine months of 2009.
The growth rate for cosmetics, toiletries and fragrance in Brazil has exceeded predictions made at the beginning of the year, which means the value of the market in 2009 is likely to be 11 per cent higher than 2008.
An international survey of buying habits suggests the economic downturn will not take a large bite out of the global cosmetics market but revealed very different attitudes across countries.
Unilever's strategy of offsetting high commodity costs by
increasing prices transformed its food profits in the first quarter
but failed to lift its profits in personal care.
Emerging markets overtook North America in terms of profitability
for L'Oreal as the company's international outlook helped it secure
high operating profit once again.
Better distribution of fragrances in new markets has helped
contribute to strong overall growth for Symrise's Q3, in turn
increasing its presence in the personal care segment.
Anglo-Dutch consumer goods giant Unilever today reported a steep
increase in its third quarter profits on lower charges and improved
sales, though the company's personal care division showed a less
dynamic performance.
L'Oreal overcame the stagnant US market and met high sales
expectations for the third quarter with the help of several product
releases including the launch of Diesel's first fragrance.
L'Oreal met high sales expectations for the third quarter with the
help of strong Eastern European sales and several product releases
including the launch of Diesel's first fragrance.
Having announced strong growth in sales and profits L'Oreal
CEO Jean-Paul Agon says that the company has never before been so
engaged in the process of considering new acquisitions.
Fragrance maker Parlux appears to be benefiting from a
renewed focus, restructuring and a compensation charge
- factors that have all led to a significant
reduction in losses for the third quarter.
Strong growth in the male cosmetics market in the UK is being
driven by premium fragrance sales and product innovation, despite a
slump in shampoo sales, according to the latest market
research.
Personal care sales outstripped Unilever's other product categories
as the global giant posted a 16 per cent increase in net profit for
the second quarter.
Luxury French brand LVMH Moët Hennessy Louis Vuitton, has recorded
6 per cent sales growth in its first half, boosted significantly by
fragrance sales within its fragrance and cosmetics division, but
despit this profit figures fail...
As savings from restructuring kick in, oral and personal care giant
Colgate-Palmolive has reported a robust quarter, with sales
significantly boosted by a raft of international product launches.
Sales of cosmetic and toiletry products over the internet have
continued to grow significantly, now representing a total of 4 per
cent of total sales, making it one of the fastest growing retail
channels.
Colipa's AGM, held last week in Stockholm, Sweden, highlighted the
fact that, with the European Union continuing to expand, and the
market for cosmetics and toiletries also growing fast, finding new
paths to growth remains a...
Further evidence has emerged that the antioxidant carotenoid,
Lutein is more beneficial for skin health when topical and oral
applications are combined, according to results published in the
Journal of Skin Pharmacology and Physiology.
Strong sales in its leading Nivea brand has boosted German personal
care player Beiersdorf's Q1 sales - following increases in sun
products, deodorants and male grooming across all regions.
New York-based Estee Lauder reported a 7 per cent increase in sales
on the back of a strong performance in Europe and Asia, but the
performance could have been even stronger if US sales had been
better.
Awareness of lutein in Europe is growing year on year, according to
a new consumer survey that shows the potential of marketing to
expand the food supplements market in Europe.
The Cologate-Palmolive Company has reported particularly strong
results as it continues to dominate in the oral care sector, backed
up by favorable global pricing and currency exchange rates, all
driven by a 20 per cent increase in...
L'Oreal has reported strong sales across all geographical areas in
Q1, with emerging markets posting the fastest like-for-like growth
rate for the period, despite falling sales in the US.
Life sciences product developer Senetek says it has initiated
trials that will determine the efficacy of its Pyratine 6 compound
on acne Rosacea, having evaluated positive results through separate
trials comparing it to Kinetin, the...
Ales Groupe, a France-based beauty provider, has announced a strong
increase in its net profits, backed up by a solid growth in sales,
driven mainly by a strong increase in the company's performance
overseas and its skin care...
Global premium cosmetics maker Estee Lauder is forecasting that
profits will rise in double digit figures over the course of the
next three years and sales growth will be ahead of average industry
growth, as it focuses on expanding...
Sales of cosmetics, toiletries and fragrances in France grew at 5.7
per cent in 2006, the fastest rate of increase in five years and a
figure that puts it well ahead of average industry growth, both
within France and the European...
Avon's turn around is starting to happen, after the company
reported a 9 per cent boost in sales for the fourth quarter on the
back of strong fragrance and color sales.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
Dental care and toiletries giant Colgate-Palmolive has announced a
big rise in net profits for its fourth quarter off the back of
strong sales driven by a particularly big rise in both the European
and Latin American markets.
L'Oreal has met its targets for 2006 after reporting a strong
fourth quarter results, driven by renewed vigour in the Western
European markets and a continued strong performance in new markets
such as Russia and China.
After several years in the doldrums, it appears the market for
cosmetics and toiletries is back on track, after sales grew by a
respectable 2.7 per cent in the country this year, the Italian
union of perfumery, cosmetics, toiletries...