News & Analysis on Cosmetics Innovation
The latest report on the UK hair care market shows that it was virtually stagnant during the course of the past six years, but that added value still exists by a continued segmentation of product categories.
German cosmetics giant and marketer of the Nivea brand, Beiersdorf, says it is poised to grow organically, with the Asian and men's personal care market likely areas for investment.
L'Oreal has declared that it is not adverse to making further acquisitions in the future in an effort to maintain sales growth at 6 - 8 per cent, while confirming a 50 per cent drop in its annual profits following merger gains in 2004.