France-based Rhodia has acquired the US McIntyre Group to build on its presence in the personal care and oil surfactant categories as a means of maintaining growth.
Companies already struggling in the current economic climate will soon have to contend with a new phenomenon, ecoflation, according to a study by ATKearney.
L’Oreal plans to cut 200 jobs at a Welsh factory, blaming unsustainable logistical costs associated with higher overseas sales and a decline in the UK supplier base.
Shiseido has upped its profit forecast for the first half of the year but the company warned that business conditions will be tougher in future quarters.
Takasago International Corporation has announced the acquisition of New Jersey-based Wessel Fragrances, in an attempt to increase its global footprint.