Direct-seller Avon has reported a 14 percent increase in first quarter revenue aided by double digit sales growth in the company’s strongest markets; Europe and Latin America.
With the growth of cosmetics sales continuing in most of the major developing markets new opportunities continue to proliferate for niche cosmetic players, but now is the time to get in on the act.
The Chinese market for natural cosmetics is predicted to experience a period of impressive growth, according to the National Products Association (NPA), which has announced plans to continue its market development program between the US Department of...
Good performance from Nivea helped keep Beiersdorf’s results up although costs relating to its Chinese operations may affect profits before the year is out.
Tainted toothpaste has turned up among the supplies of a luxury
provider of toiletries for international hotels, taking the Chinese
toothpaste scare beyond the gray market.
FDA officials have conceded that the distribution of tainted
toothpaste throughout the US is much more wide-spread, extending to
larger numbers of discount stores than first thought as well as
prisons and hospitals.
The recent scare over tainted toothpaste imported from China is
forcing US authorities to mount pressure on the China government to
impose restrictions and increase vigilance over imports of gray
market goods that continue to flood...
In line with huge growth in the market for cosmetics and toiletries
and the recent scare of the P&G SK-II skin care line, China
authorities have more than doubled the number of banned substances
for formulations.
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
Proctor & Gamble is back on the road to redemption in China
after its SK-II range re-appeared on store shelves this week
following a ban brought about by a scare relating to traces of
heavy metals that were found in formulations.
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.
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...
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...
Multinational suppliers for the cosmetics and toiletries industries
are facing increasing competition from China, while Japan continues
to offer innovation, says a new report from Kline and Company.
The counterfeiting of high-end cosmetics and fragrances in China is
big business and it is hitting luxury goods makers hard. But they
are now fighting back harder too, and if a recent lawsuit involving
Louis Vuitton Moet Hennessy...
The race between home-made, joint-venture and imported skin care
products is becoming increasingly fierce as the market matures and
segmentation becomes more defined.
L'Oreal thinks its Asian customers are well worth it. The global
beauty giant is opening a new R&D center in China to carry out
research into the structure and behavior of Asian skin and hair,
which it plans to use to develop...
As the rapidly evolving market for consumer products continues to
grow in the face of huge economic expansion huge progress in the
retail sector is helping to shape a cosmetics industry that has
changed almost beyond recognition in...
Alcan is to purchase a packaging manufacturing site in the
ChineseSuzhou region, which will be equipped to fabricate beauty
and personal care products. The company says the move will better
serve it to and meet fast growing regional...
US personal care company Nu Skin's net income suffered from a
conference payment in Q4, but the company was happy with the large
revenue it brought in during the period.
Takasago International, one of the leading global flavours and
fragrance groups, has established a new division in Shanghai aimed
at expanding its manufacturing and retail presence in China as well
cutting costs.
The urban Chinese Fast Moving Consumer Goods (FMCG) industry has
out-stripped all the fast-growing Asian economies, including India,
over the past year. And a Closer look at the ACNielsen figures
reveals that growth in cosmetics and...
China's metrosexuals, the "ai-mei nanren" (love-beauty men), are
spending their rising disposable incomes in beauty salons, and
contributing to the 8 per cent value growth experienced in the
country's cosmetics...
L'Oréal, the world's largest cosmetics group, is to set up a
research & development (R&D) centre in Shanghai following
the group's success in China. L'Oréal's chinese business recorded
the highest...
L'Oréal has signed an agreement to purchase Chinese cosmetics and
skincare brand, Yue-Sai, from US giant Coty. The deal underlines
the French company's growing presence in the Asian market.
Chindex International, US distributor of western healthcare
products and services, today announced it has established a joint
venture with Nesh Cosmetics of Israel to distribute its Natural
Formula brand in China, the world's...
US firm The New Silk Road has formed a manufacturing and marketing
partnership with ServiGlobe International Manufacturing, a contract
manufacturer based in Montreal, for skin and hair care products.