The Czech Republic has been singled out as a leader in cannabis-infused topicals, with the country reportedly the major supplier of this type of personal care products for the European and US markets.
Barentz International and Innospec have teamed up by signing a long-term distribution agreement to market ingredients for Personal & Home Care throughout a number of countries in Europe.
According to market researcher PMR, thanks to the Polish market, the Central European cosmetics retail segment experienced 2 per cent growth in 2012 resulting in the market value of almost €8.6bn.
In a bid to underline its position as worldwide skin care leader,
Beiersdorf has expanded its portfolio into the Czech Republic and
the Slovak Republic markets with the launch of its well-known
dermocosmetics range, Eucerin.
Alcan is to sell its European aluminum tubes business operationsto
its current management team and 21 Centrale Partners, an investment
fund specialised in high-potential mid-size industrial companies,
reports Simon Pitman.
LVMH-owned fragrance retail chain Sephora has announced the signing
of a partnership with Maxim Klimov, owner of the L'Etoile retail
chain, to develop Sephora across Russia.
