As consumers feel the pinch of a global recession they often look to private label goods as a way to save a few pennies. Couple this with the lower overheads and financial outlay offered by contract manufacturers and the sector seems to have a winning...
Consumer goods giant Procter & Gamble expects to return to organic sales growth by the end of the year after reporting two quarters of organic sales declines.
Parlux registered a small increase in sales on big gains in the US market, but international sales continue to fall, and the company remains in the red.
Packaging supplier MeadWestvaco (MWV) is strengthening its beauty and cosmetics folding carton business with additional products and a new sales director.
Dallas-based Kimberly-Clark says it wants to increase the number of job cuts to 1,600 following an earlier announcement that it was aiming to cut 1,000 staff.
Procter & Gamble has bought the Miami-based business Art of Shaving as part of its plans to expand into the international prestige men’s grooming category.
Its commission-only workforce, cost-cutting measures, the global nature of the business and a future weakening of the dollar all put Avon in a strong position.
ColepCCL, which supplies the personal care industry with aerosol based products, has completed the acquisition of Czewo Full Filling Service in order to fulfil the growing demands for outsourcing.
To navigate through the economic gloom, cosmetics companies should turn to Austrian economist Josef Schumpeter who once compared the Great Depression to a ‘good cold shower’.
A.G. Lafley, CEO of the world’s largest personal care player Procter & Gamble has reassured investors that the company is in a strong position to weather the current economic storm.
Salon hair care specialist Regis says it managed to increase market expectations for its fourth quarter results on the back of increased service prices and same store sales.
Premium skin care specialist NuSkin has posted higher than expected profits on a weak dollar, despite the fact that certain key Asian markets saw sales slumps.
Despite significant growth in the Indian cosmetics and toiletries
market in recent years, per capita cosmetics consumption still
remains the lowest in Asia, according to the Associated Chambers of
Commerce and Industry of India (ASSOCHAM).
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.
US-based Coty has concluded a licensing agreement with Japanese
cosmetics giant Kose that will ensure the manufacture and
distribution in Japan of Coty's UK-based Rimmel cosmetics brand.
Fast economic growth is driving rapid expansion in the Spanish hair
care market, as new segments, such as styling products aimed at
men, grow rapidly in popularity from a small base.
New beauty packaging player Cryztal Concept has been set up in the
UK to address the growing demands of cosmetics players for A to Z
solutions that meet the growing demands for increasingly
sophisticated and visually eye-catching...
Gillette has received the thumbs up from market analysts, with its
strong financial performance leading to the company's credit rating
being upgraded by Moody's Investors Services to 'positive'.
Rapidly increasing consumption of cosmetics products helped fuel a
14.2 per cent growth in China's retail sales during the month of
October. The figures confirm the continued rise of cosmetics sales
in the country and the mounting...
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...
As the Russian economy stabilises and improves, Avon says that the
country is its fastest growing market and Euromonitor predicts huge
growth over the next 10-15 years, with a potential cosmetics and
toiletries market of US$15-18...
First quarter sales at the German speciality chemicals company
remained steady and earnings before interest and taxes rose 10 per
cent on the prior year, giving chairman Professor Felcht cause for
an optimistic outlook for 2003.
