Could this Vietnamese vine be the next superfood? Gac and Amla vie to become the new goji berry
The never-ending search for the next big thing in the health and beauty market has found new focus as two South-East Asian fruits, amla and gac, have achieved ‘superfood’ status. Commonly known as the Indian Gooseberry, Phyllanthus emblica (Amla in Hindi) extract, has...
Unilever Ghana first to achieve zero waste to landfill target
Unilever’s Ghanaian division was the first in Africa to achieve the company’s zero waste to landfill target, according to Head of Corporate Affairs, Gabriel Opoku-Asare. Unilever recently announced that it had reached its global target to eliminate non-hazardous...
Global surfactants market set to reach value of US$42,120.4 million by 2020
The global surfactants market is predicted to reach a value of US$42,120.4 million by 2020, up from US$33 billion in 2014, according to a new report released by RnR Market Research. In volume terms, demand is expected to hit 24,037.3 Kilotons. Thanks to its growing...
Innospec agrees to divest Aroma Chemical business to Emerald Kalama for US$40.5 million
Innospec has announced its intention to sell its Aroma Chemical business unit, Innospec Widnes, to Emerald Kalama Chemical, a division of Emerald Performance Materials. Terms of the deal were not disclosed, but the unit is thought to be valued at US$40.5 million. The...
UK pharmacy chain Boots axes 700 jobs as focus shifts to digital
Walgreen Boots Alliance has announced its intention to make some 700 admin staff redundant as part of a restructure that will see resources diverted to higher-growth areas of the business. The US-owned pharmacy chain, regarded in the UK as a British high street...
Colep cements position in Latin America, becomes sole shareholder of Brazilian packaging companies Provider, Total Pack and CPA
European aerosol and liquids manufacturer Colep has become the sole shareholder of three Brazilian manufacturing operations, after acquiring the 49 per cent stake previously held by ZM Participação. The packaging company first entered the Latin American personal care...
Mary Kay puts pressure on US Food and Drug Administration to step up product safety
US cosmetics giant Mary Kay has released a statement affirming its support for the reintroduction of legislation to provide a uniform standard for product safety across the US. The legislation, originally known as the Cosmetic Safety Amendments Act 2012, would enhance...
US Security and Exchange Commission identifies culprit in fake Avon takeover bid
The US Securities and Exchange Commission (SEC) has identified the culprit of a fake takeover bid for global direct sales giant, Avon. The SEC filed a lawsuit yesterday alleging that 37-year-old Nedko Nedev launched a fraudulent takeover offer for Avon via a false...
Sirona Biochem seeks global license for new skin lightener
Sirona Biochem CEO Dr Howard Verrico has released an update revealing that the cosmestic ingredient and drug development company is looking for a major global corporation to license its latest launch, billed as the safest and most effective skin lightener in the...
Global salon hair care market grew 3 percent in 2014
Europe’s salon hair care market delivered growth for the first time in three years in 2014, according to newly released data from Kline’s Salon Hair Care Global Series. According to the report, strong double-digit growth in Eastern European markets such as Russia and...
Green packaging forecast to grow ‘at steady pace’ from 2015 to 2021
The global ‘green’ packaging market is expected to grow at a steady pace between 2015 and 2021, according to a new report by Reportlinker. Increasing demand for reusable, recyclable and degradable packaging is being fed by growing consumer awareness, giving those...
US firm ACON Investments gains foothold in South American packaging market via two major acquisitions
US private equity investment firm ACON Investments has completed acquisitions of Columbia-based rigid plastic personal care packaging manufacturer Intecplast and Pieriplast, a Peruvian supplier of customized packaging for the direct sales cosmetics industry....
Procter & Gamble invests in the development of artificial skin
Procter & Gamble is following in the footsteps of other major companies such as L’Oreal by investing in a research project to develop artificial skin for cosmetics product testing. P&G is funding a five-year research project in association with the Singaporean...
Baby health and personal care market forecast to grow at annual rate of 7.29 percent
The baby health and personal care market is forecasted to grow at a compound annual growth rate of 7.29 percent between 2015 and 2019, according to a new report. The report by TechNavio predicts that growth in the market will be driven by greater urbanization and...
L’Oreal acquires fragrance rights for women’s wear brand Proenza Schouler
L'Oreal has signed a licensing agreement with women’s wear company Proenza Schouler to acquire the rights to create and develop fine fragrances for the brand. Proenza Schouler was founded in New York in 2002 by designers Jack McCollough and Lazaro Hernandez. Today...
US beauty product manufacturer Maesa Group acquires Austrian brand P2 Cosmetics
US beauty product manufacturer Maesa Group has successfully acquired Austrian brand P2 Cosmetics, available exclusively at DM, Germany’s largest drugstore retailer. P2 Cosmetics joins Maesa Group’s beauty brand portfolio, including FLOWER for Walmart, CIRCA for...
Burberry signs Japan distribution agreement with Shiseido
Burberry has signed a distribution agreement with Japan-based cosmetics retailer Shiseido in an effort to drive up its sales in Asia. From today, Shiseido will retail Burberry’s fragrance products in Japan. Shiseido is expected to take over retail of Burberry’s...
Cellmid signs distribution agreement with Taiwan’s largest pharmacy chain Maywufa
Australian biotechnology company Cellmid has signed a distribution agreement with Taiwan’s largest pharmacy chain Maywufa. Maywufa will retail Cellmid’s évolis® brand products, containing patented FGF5 hair loss inhibitor, across its retail network of 200 stores and...
Taiwan’s Food and Drug Administration proposes ban on estrogen in cosmetics
Taiwan’s Food and Drug Administration is said to be planning a ban on estrogen compounds in cosmetics which could come into force next year. Estrogen compounds are already banned in cosmetics across the EU, Canada and member countries of the Association of Southeast...
Orogold expands in Dubai with new flagship store in Abu Dhabi
American skin care brand Orogold is expanding in Dubai with the launch of a new flagship store in Abu Dhabi. The store, located in Yas Mall, was officially opened on May 22 by the brand’s Middle East distribution partner SPRET Retail. Orogold has been present in the...
Japan e-commerce retailer Jumei acquires stake in Korean beauty brand It’S SKIN
China's leading beauty product e-commerce retailer Jumei International Holding has today announced that it has acquired a minority stake in Korean beauty brand, It'S SKIN. It'S SKIN is a prestige Korean beauty brand that has become popular among Chinese customers with...
Inter Parfums acquires fashion, beauty and perfume brand Rochas from P&G
Inter Parfums has acquired French fashion, beauty and perfume brand Rochas from Procter & Gamble for US$108m. The acquisition closed on May 29 and represents a “new page” for Inter Parfums, the company states. Jean Madar, Chairman and CEO of Inter Parfums,...
Cosmetics testing laboratory funded by US$2.8m government grant opens in Cape Town
A new laboratory dedicated to testing the safety of cosmetics has opened in Cape Town as part of a partnership between the University of Cape Town and Groote Schuur Hospital. The Hair and Skin Research Laboratory, which has been hailed as a world first, is located on...
Estée Lauder launches product range exclusively for Asian skin
Estée Lauder has launched a new range of skin care products which have been developed exclusively for Asian consumers. The Nutritious Vitality8 collection launches this month and will be available at Estée Lauder travel retail locations worldwide, retailing for...
Cosmoprof Worldwide Bologna 2016 will focus on halal cosmetics
International beauty trade event Cosmoprof Worldwide Bologna has announced that its 2016 edition will focus for the first time on halal cosmetics. The event, which is due to take place in Bologna from March 18 to 21, will host an exhibition area dedicated the topic...
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