Danish company Dansk Droge has expanded its share of the skincare
market with its acquisition last week of the Poland-based
supplement distributor Amis Medica.
German maker of Schwarzkopf hair care products Henkel recently cut
its sales growth target by nearly half to 2 per cent, blaming a
sluggish market, both at home and in other European countries.
A number of perfume retailers in Germany, led by InterCos and
Parma-Aurel, have formed an alliance named Beauty Alliance
Deutschland that is expected to generate a total annual turnover of
around €650 million.
Germans are the more likely than most Europeans to want to look
attractive and well groomed, helping to create the region's largest
health and beauty market, according to new Mintel research.
Value sales of cosmetics and toiletries in Spain increased by 5.6
per cent in 2003, reports Euromonitor. However this increase
represented an ongoing slowdown in average growth rates for the
country, a common characteristic in most...
L'Oreal has managed to reach its financial year sales target, helped by the concentration of products launched in its first and last quarter. However, the cost of achieving this growth may translate into low earnings for its 2003 second half results...
As the domestic manufacturing of cosmetics and household goods in
Russia continues to offer significant growth potential, a new
exhibition in Moscow this coming September will focus on
formulation. The organisers of this first time...
A new report from market analyst Datamonitor reveals the average
Norwegian spends more on haircare products than anyone in Europe.
Consumers in Norway spend €50, almost twice the amount as the UK
consumer at €27.
Emil Flachsmann, a Swiss supplier of natural compounds and
ingredients for cosmetics, is to come under the wing of flavours
multinational Frutarom, following an agreement between the two
companies announced this week.