In its efforts to further penetrate the US cosmetics and personal care product markets, internationalization project Beautycare Brazil enjoyed a successful first year at NYSCC Suppliers’ Day that topped over $1 million in international sales.
To find out how business on the ground is fairing since this country’s new President had his ‘worst call by far’ with a foreign leader, Cosmetics Design caught up with Jacqui Rathner of Naturally Australian Products.
Last month Cosmetics Design ran a reader survey to gauge your sense of how the next four years will reshape the industry. The results are in—likely new policy on trade agreements, international sourcing, and regulations will impact the beauty business.
At the sixth round of EU-US trade talks on a new trade and investment deal between the two continents, experts suggested that the two sides may struggle on an agreement, particularly in the area of prohibited cosmetic ingredients.
The European Commission will host a sixth round of EU-US trade talks next month on a new trade and investment deal, known as the Transatlantic Trade and Investment Partnership, or TTIP; and the outlook is positive as Europe is in a strong position.
President Obama's announcement during his State of the Union address that the US and the European Union (EU) will begin free trade negotiations will have a big impact on the cosmetics industry and has been welcomed by trade associations.
Market research firm Global Industry Analysts (GIA) has predicted the global personal care products market to reach $333bn by 2015, driven by increasing product innovations, growing disposable incomes and better market penetration.
The Personal Care Product Council has announced its support of President Obama's decision to send the Colombia, Korea and Panama free trade agreements to Congress, stating the importance of international trade in the cosmetics industry.
In light of the recent scare over poisonous chemicals found in
toothpaste exports from China, the US Food and Drug Administration
has advised consumers to avoid buying any toothpaste labeled as
made in China.
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...
Japanese beauty manufacturer Shiseido is expanding its research and
development centres, opening up facilities in Europe and Asia in an
effort to better appreciate the needs of its customers there and
expand beyond the US and domestic...
The Food and Drug Administration (FDA) and the Chinese government
have announced a trading agreement to reverse action taken in China
earlier this year that suspended, on public health grounds, the
importation of US cosmetics.