Going down: FY profit plunges 54.3 percent at Sa Sa International
Sa Sa International has announced its results for the year ended March 31, 2016. The retailer saw sales in Hong Kong and Macau dive 14.2 percent year-on-year to HK$6,231.6 million amid a ‘continuous drop in mainland China tourist arrivals’. Group turnover was down...
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Unilever appoints new Managing Director for South Central Europe
Unilever has announced the appointment of a new Managing Director for South Central Europe. Florin Trandafirescu took up the role, effective July 1. Trandafirescu has worked for the Anglo-Dutch FMCG giant for over 19 years, most recently leading the Czech Republic and...
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FDA: We need more data on anti-microbials
The US Food and Drugs Administration is said to be looking for additional data to assess the safety of certain ingredients commonly used in OTC topical antiseptic rubs, including alcohol, isopropyl alcohol and benzalkonium chloride, according to a report published by...
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Make-up artist Luis Casco is named as newest Mary Kay Global Beauty Ambassador
Direct sales brand Mary Kay has appointed celebrity make-up artist Luis Casco as its latest Global Beauty Ambassador. Casco has amassed fame through appearances on TV show Project Runway alongside writing the successful #beautiful book, while also working on many...
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Sephora set for further expansion in Indian market thanks to Arvind Retail growth plans
Arvind Retail is set to open six more Sephora stores across India as it eyes further growth in the market following better-than-expected sales growth over the last two years. The company added Sephora, along with three other fashion brands such as GAP, to its...
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L’Oréal moves into Brazilian oil research park
Beauty giant L’Oréal has become a resident of the EMC Corp oil and research centre, based in Rio De Janeiro’s Technology Park and is expected to open a research centre focusing on hair, skin, body, nail and deodorant products in the first half of 2017. L’Oréal is...
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Givaudan announces expanded collaboration with industrial bioscience company Amyris
Fragrance and flavors maker Givaudan has announced a collaboration with industrial bioscience company Amyyris to research, develop and produce active cosmetic ingredients. The newly expanded collaboration aims to create new ingredients that ‘demonstrate significant...
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Pola Orbis Holdings set to beat analyst expectations for six months ending June 30
Japanese company Pola Orbis Holdings is set to beat analyst expectations and post 12 million yen in operating profit for the six months ended 30 June 2016. The figure, up around 30 percent year on year, helped the company beat its own projection of 9.5 billion yen,...
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Urban Decay launches digital app to coincide with Vice lipstick launch
The digital onslaught of beauty companies continues with the latest lipstick app from L’Oréal-owned Urban Decay’s Vice Lipstick, which coincides with the launch of the brand’s new line of lipsticks, Vice. Users of the app can virtually try on 100 shades from the new...
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Unilever eyes Colombian manufacturing site as possible peace deals creates ‘opportunities’
Netherlands-based Unilever has said Colombia is a potential growth market following the possibility of a peace deal and is looking at sites for a new factory. According to an interview with local paper La Republica, Unilever’s Andean Region Chief, Ignacio Hojas has...
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