Prestige market shows clear signs of recovery
The economic crisis meant that 2009 was a struggle for prestige cosmetic players, but financial results show that in the last quarter of the year things started to improve.
China cosmetic sales growth powers ahead, but rate slows
Retail cosmetic sales grew at 16.9 per cent in China during the course of 2009, a figure that defies the global market trend but indicates slower underlying growth.
Russian cosmetics market continues to grow despite economy
Although the global economic downturn has led to a slowdown in the Russian cosmetics market, growth is still predicted for this year.
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...
P&G acts with ‘urgency’ to return to organic sales growth
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 sales up on gains in US market
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.
MWV boosts folding carton business to fit companies' needs in downturn
Packaging supplier MeadWestvaco (MWV) is strengthening its beauty and cosmetics folding carton business with additional products and a new sales director.
Kimberly-Clark increases the number of proposed job losses to 1,600
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.
P&G resumes acquisition trail, buying men’s grooming company
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.
MWV closes two factories and reduces secondary packaging production
Marking a move away from secondary packaging, MeadWestvaco (MWV) is closing two factories in Virginia and Puerto Rico with the loss of 278 jobs.
Avon’s future looks bright, report claims
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.
Zorbit expands global packaging footprint with new facilities
Beauty packaging company Zorbit has expanded its packaging manufacturing capabilities through a joint venture with New York-based Paul T. Freund Corp.
BASF announces 'significant decline' in business
BASF has announced that business ‘declined significantly’ in December forcing the company to reduce production and cut working hours.
Beauty retailer suffers weak sales in holiday period
After a disappointing holiday period, cosmetics and beauty retailer Ulta has reduced its annual guidance figures.
Aerosol specialist acquires German filler Czewo
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.