Beiersdorf exceeds industry expectations with Q2 results
Beiersdorf has reported earnings before interest and taxes, excluding some items, increased 17 per cent in the three months ending June 2015. Rising to 250 million euros, the company has beaten analyst expectations of 246 million euros. The makers of Nivea cream and...
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Henkel India portfolio boosts revenue on the home front for Jyothy Labs
Indian personal care manufacturer Jyothy Labs is relying on its Henkel brands, Margo and Pril, to deliver growth in an otherwise slow quarter for the company, according to a report in The Hindu Business Line. The Rs1,525 crore company has traditionally focussed on...
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Oral care products fall foul of Russia’s new alcohol regulations
In a bid to crack down on excessive alcohol consumption, the Russian government has tightened restrictions on the sale of products containing alcohol. Manufacturers and retailers of products containing more than 0.5 percent alcohol must obtain a special license from...
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Unilever Ghana’s third IdeaTrophy competition to focus on Rexona brand
Unilever Ghana has launched the third edition of its IdeaTrophy competition, aimed at creating an out-of-the-classroom learning experience for undergraduate students. Students from universities across the nation can apply online via the Unilever Africa IdeaTrophy...
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Increasing demand for organic products to drive 4.6 percent annual growth in global shampoo market
An increase in demand for organic and paraben-free products will drive growth in the global shampoo market between 2015 and 2019, according to a new report published by Research and Markets. The market is expected to gain 4.6 percent annually for the forecast period....
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US founder of Peeks Cosmetics achieves recognition from Continental’s Who’s Who
Latasha Y McRae, the founder and CEO of US beauty brand Peeks Cosmetics, has been recognized by Continental’s Who’s Who among Pinnacle Professionals in the field of Manufacturing and Distribution. McRae founded Peeks Cosmetics, which specializes in vitamin E lip...
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Godrej to acquire remaining 40 percent stake in Chilean Cosmetica Nacional
Godrej Consumer Products will acquire full control of Chilean hair color and cosmetics company Cosmetica Nacional after purchasing the remaining 40 percent stake in the company, according to a report in The Economic Times. Terms of the deal were not disclosed. Godrej...
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Japan’s KOSÉ Corporation develops dedicated home spa brand to penetrate Indian market
Japan’s KOSÉ Corporation has created a new skin care brand specifically designed to capture a slice of the Indian home spa market. Spawake, as the new product line is called, is built around an extract of Japanese kelp and sea salt and comprises 13 SKUs, including a...
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EU and US ‘make progress’ in 10th round of talks to create world’s largest legislated trade zone
The United States and European Union are said to have ‘made technical progress’ in discussions regarding regulatory cooperation at the 10th round of negotiations for the Transatlantic Trade and Investment Partnership Treaty (TTIP), a pact which seeks to create the...
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Revlon offers US$1 million to biggest fundraiser in charity challenge
Revlon has announced the second phase of its philanthropic initiative to boost women’s health initiatives. The Revlon LOVE IS ON Million Dollar Challenge will pit charities dedicated to three leading health issues faced by women – cancer, heart disease and diabetes –...
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