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...
Mexico, Brazil, Colombia and Chile are the most dynamic and robust beauty markets in the Latin America, which is why Cosmetics Design is taking a closer look at the key trends and market data.
A French funding and development organisation recently launched a new ‘Performance Accelerator’ programme, and picked out ingredients manufacturer Alban Muller as one of its first companies to back.
Ghana, described as one of Euromonitor’s ‘Markets of the Future’, looks to be making strides in developing its beauty and personal care market with the launch of new industry awards.
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.
Share prices in Coty have been volatile ever since the company announced major expansion plans last year, and the trend has been downward so far this year, reflecting a number of uncertainties.
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.
Nivea skin care maker Beiersdorf has, like many, experienced a tough time in a tough financial climate, but it has still continued its profitable growth plan having seen growth in 2014.
Few surprises were seen in the colour cosmetics category in 2013, with Euromonitor reporting value sales of the segment to have declined by over 2% in Spain.
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.
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.
Ahead of the results for its second quarter, the embattled cosmetics giant is being tipped to continue to gain ground as cost saving measures and a trimmer business structure pay dividends.
It seems that the restructuring plan implemented by Procter & Gamble CEO Bob McDonald last year is now giving financial analysts reason to believe the company's longer term future is looking bright.
The personal care packaging manufacturer is to close two of its European sites and restructure twelve of its facilities in a bid it says, to boost future growth in the region.
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.
UK contract manufacturer Swallowfield has reported a big rise in profit for the full financial year, but sales growth is held back by tough conditions in the domestic market.
L’Oreal has confirmed that it is proposing to make a $42m investment to increase the production capacity at its production facility in Kenton County, Kentucky.
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 Center for Professional Advancement (CfPA) is holding an online training course giving the low-down for cosmetics players wanting to enter the China cosmetics market.
As part of it plans to further expand its operations in Central and Eastern European, chemicals player Univar has established a fully operational trading business in Romania.
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.
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.
Many personal care companies are currently facing the dilemma of making further investment in sustainability and becoming greener against a backdrop of rising costs and inflation.
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.
Two of the larger players in the cosmetics industry have both announced that sales are still displaying solid growth despite the significant business and economic challenges at present.
Consumer demand driven by promotional campaigns in the cosmetics market saw further increases in tube production in Europe, with laminate and plastic tubes outperforming their aluminium cousin.
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.
The latest results from L’Oreal underline a strong recovery but could also point to difficult comparables and further hardships in Western Europe, analysts believe.
Custom fragrance packaging provider I Pack has weathered the economic crisis by providing turnkey packaging solutions that have helped to secure future expansion.
The economic crisis meant that 2009 was a struggle for prestige cosmetic players, but financial results show that in the last quarter of the year things started to improve.
