In the first report of its kind, the British Beauty Council reveals the economical contribution of beauty in 2018 to equate to 1.3% of the UK’s total GDP — a figure that is equivalent to all the economic activity occurring in either Manchester or Glasgow...
Luxury goods multinational LVMH has seen its travel retail business, DFS Group, maintained growth in the last year, despite having to absorb ‘significant cost containment’, due to a turbulent market in Asia.
The cosmetics tube market only reported a marginal change on last year’s performance due to difficult economic conditions; although the toothpaste sector did see a big boost, according to the European tube manufacturers association (etma).
In the first in a series of articles focusing on the cosmetics industry in Colombia, we look at how, after years of improved political stability and economic growth, the country is now emerging as an increasingly important player in the industry.
As Cosmetics Europe announced that President of L’Oréal France, Loïc Armand, will take the reins as its President for the 2014 -2016 term, CosmeticsDesign-Europe.com was given an exclusive interview with the new boss - and his outlook is very positive.
With unrest continuing in Ukraine and impacting currencies and economic climate, cosmetics giant Oriflame has announced it is experiencing trying conditions, as Russia and Ukraine make up the company’s two biggest markets.
Cosmetics Design caught up with Daniel Oliveira, of ABIHPEC's business intelligence unit, who explained that there are still big opportunities in the market for cosmetics and personal care, despite signs of the economy slowing down.
Industry veterans like Alain Khaiat, President of Seers Consulting, was amongst engaging presenters at last week's first ever Cosmetics Vision event, where he outlined his strategy for cracking the Asian markets.
In a country that is suffering from high levels of unemployment and with its economy deepening the economic recession, the Spanish fragrance market is still offering a whiff of optimism, as it is still the top Beauty and Personal Care in the segment.
Prestige fragrance sales in US department stores increased 7 percent to $1.6bn between January and September 2012, with particularly strong growth among niche and jewelry brands according to The NPD Group.
According to a European Chemical Industry Council (Cefic) report, chemical production in Europe is to come to a standstill in 2012 due to the continent's debt crisis which will no doubt affect the cosmetics industry.
In the last of our exclusive reports from personal care association Cosmetics Europe, president Fabio Franchina and general director Bertil Heerink told us that despite a difficult economy there is still a glimmer of hope for the industry.
The unstable economic environment, particularly in Europe, has taken its toll on the consumer packaging business, with beauty packaging being one of the worst hit, according to global packaging supplier MWV.
Amidst poor financial results and allegations of bribery, cosmetics company Avon is deferring strategic decisions, focusing on the short term and planning job cuts as it enters a transition period, according to outgoing CEO Andrea Jung.
Henkel, the German maker of Schwarzkopf hair products and Right Guard antiperspirant reported third quarter profit that fell short of expectations as raw-material costs rose; however the Cosmetics/ Toiletries business continued its upward curve.
Lonza and Arch Chemicals have announced an agreement in which the Swiss supplier has agreed to commence a tender offer for 100 per cent of Arch’s outstanding shares of common stock, with the personal care sector expected to benefit.
German manufacturers of aluminium aerosol cans and tubes have reported double-digit growth for the first eight months of 2010, driven by a significant increase in demand from the core markets including cosmetics.
Procter & Gamble, the world’s biggest consumer goods company, posted results below market expectations yesterday and put nerves further on edge by predicting that growth would slow in the next two quarters.