Italian active ingredients player Indena says that its participation in the forthcoming PCHi event in China next February will play an important part in the company’s strategy to grow its cosmetics arm.
Aqua Bio Technology (ABT) has entered into a distribution agreement with LICA Enterprises in China, Hong Kong and Taiwan for its ingredient Aquabeautine XL in a move aimed at expanding its network in the Asian cosmetics market.
South Korean cosmetics manufacturer AmorePacific will look to boost its presence in the expanding Chinese cosmetics market this year, according to a report by a South Korean market research organisation.
Chemical company Rhodia has announced the acquisition of polymers company Suzhou Hipro as it attempts to reinforce its global position in guar technology and develop its presence in China and Asia-Pacific.
Glass and plastic manufacturer Gerresheimer has recognised the development of China as one of the world’s key growth markets and moved quickly to become one of the first choice partners for the Chinese cosmetics industry.
A ‘buoyant’ performance in Hong Kong and Macau and strong online sales helped Hong Kong-based cosmetics retailer Sa Sa deliver a 2009 annual turnover of HK$4.1bn (€430m), up 13.9 per cent on the previous year.
Prestige brands need to increase their ‘digital competency’ in China in order to ensure future success in not just China, but in the global prestige market, according to a study from NYU Stern School of business.
The Chinese market for natural cosmetics is predicted to experience a period of impressive growth, according to the National Products Association (NPA), which has announced plans to continue its market development program between the US Department of...
Companies outsourcing to China need to go well beyond price and
delivery terms to ensure that their products are not toxic, warned
the Investor Environmental Health Network (IEHN) as trade talks
between the US and China kicked off...
President Hu Jintao of China said this week that his country is
going to make a concerted effort to up product safety standards
with the help of the international community, following a spate of
China-made product seizures worldwide...
FDA officials have conceded that the distribution of tainted
toothpaste throughout the US is much more wide-spread, extending to
larger numbers of discount stores than first thought as well as
prisons and hospitals.
The recent scare over tainted toothpaste imported from China is
forcing US authorities to mount pressure on the China government to
impose restrictions and increase vigilance over imports of gray
market goods that continue to flood...
China has long-proved a difficult market for personal care players
to crack, but after the government recently announced that it was
relaxing personal care import regulations from countries with BSE,
things might start to get a little...
In line with huge growth in the market for cosmetics and toiletries
and the recent scare of the P&G SK-II skin care line, China
authorities have more than doubled the number of banned substances
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
Proctor & Gamble is back on the road to redemption in China
after its SK-II range re-appeared on store shelves this week
following a ban brought about by a scare relating to traces of
heavy metals that were found in formulations.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
With exports of cosmetic products from China expected to rise 20
per cent during the course of 2006, China is rapidly emerging as a
world-wide hub for the cosmetics industry. But challenges for this
burgeoning industry are on the...
The counterfeiting of high-end cosmetics and fragrances in China is
big business and it is hitting luxury goods makers hard. But they
are now fighting back harder too, and if a recent lawsuit involving
Louis Vuitton Moet Hennessy...
German personal care giant Beiersdorf says it wants to achieve a
5.5 per cent of the global market for personal care products by the
year 2010 and will be particularly looking to the markets of China,
India, Brazil and Russia to help...
L'Oreal thinks its Asian customers are well worth it. The global
beauty giant is opening a new R&D center in China to carry out
research into the structure and behavior of Asian skin and hair,
which it plans to use to develop...