A lack of synergy between the different categories in Procter & Gamble’s portfolio may mean divesting from color cosmetics and fragrances to improve business performance, a leading analyst claims.
Specialty chemicals company Ashland has responded to consumer demand for better color cosmetics by launching its new Color Essentials technology and formulation-development program.
The Chinese color cosmetics market is forecast to continue to grow all the way in to 2015, increasing in value year-on-year, but slowly as it is likely to be hampered by low product penetration in comparison to other cosmetics sectors.
Clothing designer Tom Ford is to launch a full collection of color cosmetics with products ranging from ultra-pigmented glosses to illuminators and foundations.
Beiersdorf has announced new measures designed to focus the business on skin care, which it says will weigh on next year’s operating margin, including pulling out of the color cosmetics market in Germany.
Global beauty company, Coty, has announced it has signed a licensing agreement with Calvin Klein to develop and market a new color cosmetics line, due to be launched in 2012.
As the recession begins to recede and typical growth drivers are set to return, the global color cosmetics market is predicted to reach $41.4bn by 2014, according to a Global Industry Analysts (GIA) report.
Jordana Cosmetics has struck up a distribution agreement that will see its range of color cosmetic products available in the growing Indian market for the first time.
Color-changing color cosmetics look set to become the next big
thing, as Engelhard launches a new special-effect pigment that
brings a new dimension to a variety of color cosmetic and personal
care products.
Independent US cosmetics player Aromaleigh has launched a new range
of color cosmetics featuring a combination of synthetic and mineral
ingredients that taps into current demands for particularly vibrant
colors.
Although the company's sales for the quarter only grew by 1 per
cent, the performance was boosted by favorable exchange rates, as
the company announces a future focus on color cosmetics and seniors
to maintain the momentum.