News & Analysis on Cosmetics Innovation
Fierce competition in the consumer goods sector has driven Unilver, maker of some of the world's leading cosmetics and toiletry brands, to cut back its earnings outlook for 2004 with a view to changing it five-year sales targets.
With the Russian cosmetics sector continuing to experience double digit growth, it is not surprising that the market is currently brimming with new product launches, from both Western European and domestic companies.
Following on from the extension of its Finest food range into personal care, European retailer Tesco has added to the range with six new products for its bath and body care collection that target the luxury end of the market.