News & Analysis on Cosmetics Innovation
Although the market for cosmetics and perfumes in France remains Western Europe's largest, significant growth, particularly in the UK and Spain, means that the market there is rapidly taking on a new and more dynamic appearance.
Body Shop founder Anita Roddick says that the sale of the business to L'Oreal was the right thing to do, stressing that the French cosmetic giant is an 'honourable' company to do business with.
In response to a recent relaxation of security measures by US airport authorities, UK authorities have decided to follow suit, lifting the ban on liquids, including cosmetics, purchased before security and boarding of flights.
Unilever has reported a 45 per cent drop in profits despite universal sales growth and a particularly strong performance in its personal care business.