The beauty industry can connect better with consumers by rethinking how it communicates and markets sustainable product offerings, bringing additional aspects into the narrative, say industry executives.
Sun Chemical, which produces inks, coatings, and pigments for the cosmetics industry, announces that ‘with regret’ it will raise global prices on cosmetic pigments, preparations and effects as of June 1, 2016.
Packaging supplier Rexam has announced it is now ‘actively marketing’ its Personal Care business for sale following the release of the company’s 2011 results.
Germany experienced a “significant increase “ in turnover for aluminium packaging across cosmetics as well as food and pharmaceuticals in 2010 as the sector recovered from recession, said the national trade body.
Henkel has increased the prices for certain product groups of its Packaging, Consumer Goods & Construction Adhesives in Europe by 10 to 15 percent depending on the product category.
Johnson and Johnson (J&J) has reported strong second quarter
results although price increases within its consumer goods division
will be implemented throughout the year.
Procter & Gamble has become the first major personal care
producer to announce significant across the board price increases
in the face of mounting costs.
Until now it has been raw material and chemical providers that have
been increasing their prices, but Germany-based active ingredients
player Symrise now joins the growing list.
The prices of cosmetic ingredients are rising sharply and as oil
prices hit a record high at $101.32 a barrel on Wednesday the
upward trend looks set to continue.
L'Oreal received special praise in an ING financial report that
predicts significant energy price rises in the coming years and
expects large companies to be the best placed to absorb the cost
inflation.
Having revealed mixed first half results, Swiss specialty chemicals
player Ciba has announced an investment programme that promises
increased expenditure on technologies to develop chemicals that
will focus on nanotechnology, alongside...
As part of its massive worldwide restructuring program, Avon has
announced that a further 900 jobs are to go, in addition to the
1,300 jobs it axed at the end of April.
Outsourcing may have helped Fytokem Products, a Canadian producer
of plant-based ingredients, increase its sales from last quarter,
but they were still well down on the same period last year.