Several major beauty brands and retailers have suspended operations in Russia amidst the ongoing Ukraine conflict – action that aligns with widespread consumer sentiment and the increasing difficulties of doing business in the country, according to one...
Consumer goods giant Unilever could end the year on a high after the Russian Federal Antimonopoly Service granted it permission to acquire Russia’s biggest cosmetics manufacturer, boosting the company’s presence in emerging markets.
The Anglo-Dutch giant has acquired 82 per cent of Concern Kalina for around €500m due to its successful brands enhancing presence in an attractive emerging market for Unilever, as well as strengthening its Personal Care portfolio creating a leading position...
Cosmetics Design spoke to Euromonitor senior research analyst Virginia Lee to find out about some of the most interesting trends in the global cosmetics market, particularly the growing contrasts in the European market.
Capitalising on the dramatic rise in cosmetic sales in emerging
markets, Japanese cosmetic company Shiseido has announced the
development of a retail unit in Russia - a move that also aims to
further its position in the global cosmetic...
L'Oreal has laid heavy emphasis on the growing significance of
emerging markets in its future plans to continue strong sales
growth and to further consolidate its place as the worlds leading
Danish packaging company Superfos says it is expanding its
packaging production in Poland as part of a focused growth strategy
that targets all consumer packaging including cosmetics and
toiletries, reports Simon Pitman.
Amway has broken into the Russian market in a bid to tap into huge
consumer growth. The direct sales company is aiming to establish a
sales force for its range of cosmetics and household products from
centres based in Moscow and Nizhni...
Kruzas Nordic Cosmetics Distribution, a new cosmetics distribution
company serving the Baltic states and Russia, went into operation
from 1 January, 2005. An amalgamation of two existing distribution
companies, it is aiming to be...
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...
In the last five years, the Russian perfume and cosmetics market
has been the fastest growing in the world. Sales have increased by
20-25 per cent a year in Russia in comparison with the sales growth
in western countries, which has...
Door-to-door cosmetics giant Avon digs deeper into Russian beauty
market with a hefty $40 million (€35m) investment in production
facilities, helping to hit the company's $500 million Russian sales
target for 2007.
As the domestic manufacturing of cosmetics and household goods in
Russia continues to offer significant growth potential, a new
exhibition in Moscow this coming September will focus on
formulation. The organisers of this first time...