News & Analysis on Cosmetics Innovation
Business Restructure
Coty has restructured its organization to provide better focus on the market segments it serve, optimize its global markets presence, and to build on the brands in its portfolio.
A visit by the Chinese President Xi Jinping to South Korea last week is expected to make further progress towards a free trade pact between the two countries that is likely to benefit the cosmetics and personal care sectors.
The Body Shop enjoyed a pre-tax profits rise to £57 million in 2013, up nearly £6 million on the year preceding it, and the L’Oreal-owned beauty brand said it has its new ‘Pulse’ shop layout to thank for the favourable figures.
As the personal care industry, among others, looks to ensure sustainable sourcing and practice, GreenPalm announces the trade of its eleven millionth certificate this month.
As luxury perfume makers prepare for new EU anti-allergy restrictions, some may have to reformulate as the European Commission aims to ban widely-used ingredients such as oak moss.