ADA Cosmetics International buys UK hotel amenities provider Pacific Direct
Europe’s leading manufacturer of premium hotel cosmetics, ADA Cosmetics has announced the acquisition of Pacific Direct, Britain’s largest provider of luxury personal care products for the tourism industry, from Primary Capital for an undisclosed sum. The...
CLICK HERE
L’Oréal: global cosmetics market to grow just 3.5 percent in 2015 but we will outperform market
A spokeswoman for L’Oréal has told investors that the French cosmetics giant expects growth of the global cosmetics market to be towards the lower end of its initial forecast – climbing 3.5 percent instead of 3.5 to 4 percent. The company’s shares fell 3.8 percent...
CLICK HERE
Game, set and match for PZ Cussons Nigeria following partnership with Manchester City Football Club
Personal health care giant PZ Cussons Nigeria has signed a three-year deal with Manchester City Football Club in a bid to associate its brands with the country’s most popular sport and sports competition in the country. The company is said to be driving the...
CLICK HERE
Israeli cosmetics maker Ahava finds buyer
The makers of Dead Sea Cosmetics, Ahava has signed a preliminary agreement to sell control of the company. The agreement has valued the company at 300 million shekels ($76.30 million). The sale will be for at least 51 percent of the company, which makes skin care...
CLICK HERE
Givaudan acquires cosmetic ingredients manufacturer Induchem Holding
Givaudan has acquired specialty cosmetic ingredients manufacturer Induchem Holding for an undisclosed sum. The acquisition forms part of the Swiss flavors and fragrances manufacturer’s strategy to expand its Active Cosmetics Ingredients business and will help Givaudan...
CLICK HERE
Unilever launches deforestation ad ahead of UN Climate Change conference
Advertising agencies David Buenos Aires and Olgivy & Mather London have created a one-minute advertisement aimed at drawing attention to the issue of deforestation on behalf of Unilever. The spot, titled Farewell to the Forest, will launch ahead of the United...
CLICK HERE
UK researchers find harmful plastic materials in cosmetics
Researchers at UK-based Plymouth University have found millions of plastic microbeads in cosmetic and household products such as toothpaste, shampoo and soap. The microbeads, commonly used as an exfoliant or bulking agent and which were recently subject to a UN study,...
CLICK HERE
Russia proposes end to animal testing for cosmetics
Russia has become the latest country to usher in a bill aimed at banning the testing of cosmetic products and ingredients on animals. The cross-party bill, introduced last week by senior Duma Parliament members Sergeu Doronin and Igor Igoshin, would bring an end to...
CLICK HERE
Unilever appoints new General Manager for UK and Ireland
Unilever has appointed Gina Boswell General Manager for UK and Ireland to replace Graeme Pitkethly, who will take over from Jean-Marc Huet as Chief Financial Officer in October. Boswell currently works in Unilever’s New York office overseeing the company’s Personal...
CLICK HERE
Russian professional hair care market set for growth by 2020
The Russian professional hair care market is set to grow at a CAGR of 4.1 per cent to reach $464.2 million by 2020, according to a new report by IndustryARC. Products within the market are sold over the counter and through retail channels such as specialty beauty...
CLICK HERE
Natural cosmetics firm Lush under fire for ‘riot-inspired’ incense
Lush Cosmetics has launched a new incense called Lavender Hill Mob, named after the area in Clapham, London, where the 2011 riots took place. The new incense has caused upset amongst consumers who have been sharing their dismay on social media. The product, priced at...
CLICK HERE
French government relaxes curb on opening hours for Parisian retailers following illegal late-night Sephora shopping sprees
The French government has relaxed its strict ban on Sunday and late-night opening for retailers to provide a much-needed boost to employment and trade. From next month, retailers in 12 designated ‘zones touristiques internationales’ (international tourist zones) will...
CLICK HERE
Arran Aromatics to shake up board: new CEO, COO and Chairman
A beauty firm based on a remote Scottish island has attracted an industry heavyweight to its shores to lead the company’s future growth and expand its presence internationally. Former Crabtree & Evelyn executive Jacqui Gale will join Arran Aromatics as CEO, while...
CLICK HERE
Evonik to bow out of specialty plastics; seeks buyer for Performance Materials unit
Evonik is said to be looking for a buyer or partner for its Performance Materials unit, according to a report published by Dow Jones Newswires. In an interview, Finance Director Ute Wolf claimed that the company cannot achieve the necessary economies of scale to keep...
CLICK HERE
35 companies to challenge European Chemicals Agency’s decision on nano silicon dioxide
Some 35 companies have petitioned the European Chemicals Agency (ECHA) to reverse its decision to make silicon dioxide subject to evaluation under REACH because of initial grounds for concern over ‘the substance characterization, nanoparticles and toxicity of...
CLICK HERE
The Body Shop announces plans to rejuvenate business
Arnaud Jeanteur, General Manager of The Body Shop International, has opened up about plans to revamp the business after confessing the family favourite had ‘lost its way’. Speaking to Life in Ubud, Bali, Jeanteur confessed that the reaction to the brand in recent...
CLICK HERE
European natural and organic personal care market set to grow from 2014 to 2019
According to a new report by Research and Markets the natural and organic personal care market is set to grow at a CAGR of 9.58 per cent during 2014 to 2019. Key drivers in the market are said to be L’Occitane, L’Oreal, Oriflame, Yves Rocher and Weleda, while the hair...
CLICK HERE
Unilever’s new manufacturing centre set for green light
A new Advanced Manufacturing Centre proposed by Unilever is set to be given the green light. The centre, set for development at Unilever’s Port Sunlight, will allow scientists and engineers to test for new personal care products. Wirral Council is to review the...
CLICK HERE
Direct sales company Oriflame beats expectations with Q2 operating profit
Swedish cosmetics maker Oriflame has beaten forecasts with its Q2 earnings, with sales in the third quarter having so far risen by four per cent. The company’s operating profit fell to 29.6 million euros, which beat a mean forecast by a Reuters panel of analysts of...
CLICK HERE
UK male claims Crest teeth whitening products caused hole in throat
An English man has suffered an extreme allergic reaction to Crest 1hr Express Strips, according to the Huffington Post. Jake Barrett, 22, was said to have noticed a painful sac under his tongue 48 hours after using the tooth whitening kit, and was said to be unsure as...
CLICK HERE
Consumers favour herbal cosmetics, claims new report
According to a new report, the market share for herbal beauty products has increased considerably in comparison to synthetic products thanks to their popularity with consumers. Products such as herbal skin care, hair care and make up items are said to be on the rise...
CLICK HERE
Coty reports flat like-for-like net revenues for Q4 2015 results
Global beauty manufacturer Coty has reported flat like-for-like net revenues for its Q4 2015, at $4,395.2 million. However, net income grew to $232.5 million following a loss in the comparable period of 2014. According to Euromonitor, this has been a positive...
CLICK HERE
Cosmetic brands team up with Lucasfilm for Star Wars promotional campaign
Covergirl, Max Factor and five other global brands have teamed up with Lucasfilm to take part in a historic promotional campaign in support of Star Wars: The Force Awakens that opens in December. The global brands were chosen to take part in the campaign for the next...
CLICK HERE
Henkel reports core profit increase
Henkel has reported a 14 per increase in core profit in the second quarter of 2015. The maker of Schwarzkopf hair products put the increase down to strong demand for its detergents in Eastern Europe and Latin America, and currency effects. However, Henkel’s adhesive...
CLICK HERE
Personal lubricant brand K-Y to be licensed in the UK for eight years
Due to the potential for a price increase, personal care company Reckitt Benckiser was ordered to licence its new purchase of the K-Y personal lubricant brand to a competitor in the UK for eight years. UK regulator Competitions and Markets Authority has requested the...
CLICK HERE
Givaudan creates dedicated human resources position on Executive Committee
The world’s leading flavors and fragrances company, Givaudan has created a dedicated position for human resources on its Executive Committee. The current Head of Human Resources for Frangances, Simon Halle-Smith will become a member of the Executive Committee with...
CLICK HERE
L’Oréal predicts online sales boom for 2015
Personal care behemoth L’Oréal has predicted a stand-out year in terms of its e-commerce sales, expecting to book 1 billion euros by the end of 2015. According to the Director of Investor Relations, Francoise Lauvin, the company is set to join the world’s elite in...
CLICK HERE
Burt’s Bees boosts sales for The Clorox Company
The Clorox Company has reported $191 million in overall profit, with the main driver being personal care brand Burt’s Bees. The beeswax-based cosmetics line is part of Clorox’s lifestyle line and reported mid-single-digit volume and sales gains, according to the...
CLICK HERE
Church & Dwight reports Q2 sales growth of 5.1%
Strong organic sales have boosted Church & Dwight’s second quarter results with an adjusted EPS of $0.73 or a 12.3 per cent year on year increase. Net sales for the same quarter increased $38.8 million, equivalent to a 4.8 per cent growth to $847.1 million, while...
CLICK HERE
DSM Nutritional Products and Evonik join forces to develop algae-based omega-3 fatty acid
A joint partnership between DSM and Evonik will see the development of algae-based omega-3 fatty acid products. In a bid to meet demand for omega-3 fatty acids the two companies will utilise naturally occurring marine algae using sustainable, biotechnological...
CLICK HERE
Product testing firm Intertek Group reports increase in first-half underlying revenue growth
Intertek group has reported a nine per cent jump for its shares – its highest level since May – thanks to maintaining its full year guidance and reporting an improvement in first-half underlying revenue growth. The company saw a 1.4 per cent rise to £1.01million in...
CLICK HERE
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...
CLICK HERE
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...
CLICK HERE
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...
CLICK HERE
BASF and Solazyme join forces to create first commercially available betaine surfactant derived from microalgae oil
A new commercial surfactant derived from microalgae oil has been launched to market by BASF and Solazyme Inc, the first of its kind. A high performance algal betaine for use in home and personal care, it is being marketed as an alternative to amidopropyl betaine in...
CLICK HERE
Demand for organic beauty and personal care products drives predicted growth in Russian market
A new report states that an increased demand for natural and organic products will see the Russian beauty and personal care market to grow at a CAGR of 7.62% during the 2014-2019 period. As a result there is also increased demand for specialised shops that sell...
CLICK HERE
Cosmetic and personal care behemoths report mixed results for Q2
L’Oréal, Procter & Gamble and Colgate-Palmolive have reported mixed results for their Q2 sales. Colgate-Palmolive has reported a net income of US$574 million in the second quarter of 2015, down from US$622 million in the same period last year, matching the FactSet...
CLICK HERE
Turkey ends animal testing for cosmetics
Turkey has joined the ranks of the European Union, Isreal, Norway and India by introducing a ban on the sale of cosmetics that have been tested on animals, according to The Daily Sabah. The country’s Pharmaceuticals and Medical Devices Administration has added an...
CLICK HERE
BASF ‘milks’ Plant Advanced Technologies for defence biomolecules to boost 2015 sales
A French start-up is attracting high-profile clients such as BASF and Chanel thanks to a patented technique it is using to ‘milk’ biomolecules from plants. Plant Advanced Technologies specialises in the production of defence biomolecules, which are produced when...
CLICK HERE
Givaudan goes small to grow big; world’s biggest fragrance manufacturer targets new regional customers
The world’s biggest flavors and fragrances manufacturer is hoping to secure business from smaller, regional customers to mitigate a slowdown in demand from the FMCG giants, according to a report published by Reuters. “Going forward, it’s really about continuing to...
CLICK HERE
High valuations encouraging companies to sell up in heated flavours and fragrance market
Companies are being encouraged to sell their businesses thanks to high valuations, said Gilles Andrier, CEO of Givaudan, the world’s largest flavours and fragrance company, in a recent interview. The comments follow a host of high valuations as companies ramp up their...
CLICK HERE
Croda puts sales and profit boost down to increased demand for anti-ageing skin care products
Yorkshire-based natural chemicals firm Croda International has reported record sales of new products, thanks in part to global demand for anti-wrinkle creams. Strong innovation has contributed to a 20% year on year increase of new patented products, to a record 26% of...
CLICK HERE
PZ Cussons reports drop in profits as it pays Greek suppliers in cash amid economic crisis
As the economic crisis takes hold PZ Cussons has reported it is paying suppliers in cash and receiving cash payments from supermarkets and small grocery chains. Sales have reported to have dropped to £50m during the year. However, owner of brands such as St Tropez and...
CLICK HERE
Coty wins victory against counterfeiters as ECJ declares IP Rights Enforcement Directive trumps national banking secrecy rules
In a move that will be cheered by beauty companies struggling against counterfeiters, the European Court of Justice (ECJ) has ruled that brand owners seeking to discover the source of counterfeit products cannot be refused access to information ‘in an unlimited and...
CLICK HERE
Givaudan shares jump 5.8 percent as company reports surprise 11.2 percent increase in 1H net profit
Givaudan’s cost-cutting efforts have clearly paid off as the flavors and fragrance producer announced an 11.2 percent increase in net profit for the first half of 2015. Net profit for the six months to June 30 rose from CHF305 million in 2014 to CHF339 million this...
CLICK HERE
M&H Plastics to close newly-acquired Depiction’s Market Drayton site; 40 jobs at risk
Following its acquisition of Shropshire-based plastic tubes and caps firm Depiction, M&H Plastics (RPC Group) has announced its intention to move production to Suffolk, putting 40 jobs at risk, according to a report in the Shropshire Star. Family-owned Depiction...
CLICK HERE
Efforts to tackle global deforestation risk being side lined, says Unilever Chief Executive
Unilever Chief Executive Paul Polman has warned that a more ambitious approach to funding forest protection is needed, or risk the project being sidelined at the upcoming Paris Climate Summit. The upcoming Summit will follow recent UN climate talks in Bonn which saw...
CLICK HERE
Unilever on the hunt for new Chairman
Unilever is looking to appoint a new Chairman to replace Michael Treschow, according to a Sky News report. The company is yet to confirm whether it is looking beyond its pool of non-executive directors, but is said to have hired head-hunting firm Russell Reynolds...
CLICK HERE
GEKA appoints former OEKA owner CEO of newly formed OEKA Tech Automotive
As part of its acquisition of OEKA Oehlhorn GMBH, GEKA Group has transferred the activities of former OEKA division OEKA TECH to a new company, to be known as OEKA Tech Automotive. Former owner and CEO of OEKA Oehlhorn, Gerald Oehlhorn has been appointed CEO of the...
CLICK HERE
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...
CLICK HERELATEST NEWS
