EU safety watchdog: the concentration limit for methylisothiazolinone in cosmetic products should be lowered to 15ppm
The European Commission’s Scientific Committee on Consumer Safety (SCCS) has advised that the concentration limit for the use of preservative methylisothiazolinone (MIT) in cosmetic products should be lowered. The EU currently permits MIT in a concentration of up to...
Can K-beauty save South Korea’s export market? Government gives boost to consumer products as shipments forecast to fall 1.5 percent in 2015
The South Korean government has put together a support package for exporters in a bid to help reverse the fortunes of the country’s traders. Shipments are predicted to drop 1.5 percent in 2015 thanks to stiff competition from Chinese manufacturers and a weak Yen,...
P&G chief Irwin Lee to join Morrisons as Non-Executive Director
Vice President and Managing Director for Proctor & Gamble Northern Europe, Irwin Lee, is set to join Wm Morrison Supermarkets as a Non-Executive Director in September. Lee, who is due to retire from the FMCG giant on August 30, is said to be looking forward to...
Argentinian Senator proposes bill to end animal testing for cosmetics; Brazil bill close to becoming law
Senator for the Rio Negro province, Magdalena Odarda, has introduced a bill that, if passed, would end animal testing for cosmetic ingredients in Argentina. The bill proposes a two-year phase-in, after which the sale of new cosmetics tested on animals would be...
BASF signs R&D agreement with Poietis for 3D bioprinting technology
German speciality chemicals supplier BASF has signed a research and development agreement with French firm Poietis, the first company in the world for 3D laser-assisted bioprinting, to apply the ground-breaking technology to BASF’s proprietary skin equivalent model...
Feeling blue: Beiersdorf defends Nivea’s trademark color in Unilever retrial
Germany’s Federal Court of Justice has ordered a new hearing in the long-running battle between Unilever and Beiersdorf over a national trademark the latter owns for the shade of blue that forms part of its Nivea branding. The German company will be able to defend its...
Proctor & Gamble deal will affect 10,000 jobs worldwide; company to cut employment to lowest level in 14 years by 2017
Proctor & Gamble’s (P&G) US$15 billion divestiture of its beauty brands to Coty will affect some 10,000 jobs worldwide, according to a report in Cicinnati.com. The deal, expected to close in late 2016, which will see 43 of the company’s beauty brands...
US White House orders review of Genetically Modified Organism regulations
The Obama administration is set to revisit the 30-year-old framework that governs genetically modified crops in the United States following widespread criticism of the current regulations. The coordinated framework, as the regulations that control the use of...
Coty to challenge Henkel as it enters fast-growing Indian salon market with P&G professional hair care brands
Coty’s acquisition of P&G’s beauty portfolio will see the beauty giant enter the fast-growing professional hair care market in India for the first time. According to a Livemint report, the Indian professional hair care market is valued at an estimated Rs 700 to...
Avon sells Liz Earle skincare brand to Walgreens Boots Alliance for £140m
Avon Products has sold natural skincare brand Liz Earle to Walgreens Boots Alliance for £140m. Having acquired Liz Earle in March 2010, Avon has managed the brand as a standalone business, separating it from the company's core direct-selling operations. The...
LATEST NEWS
