Sales of its Rihanna fragrance boost Parlux fourth quarter results, but full year sales are still significantly down following the loss of the license for Guess brand products.
As part of plans to extend its footprint outside the domestic market in Japan, Shiseido has launched the Tsubaki hair care line into the Russian market this month.
Indonesian-based Dutch cosmetics contract manufacturer PT Cosmar’s joint venture with African cosmetics company Berchaco PLC, a part of the East African Holding conglomerate, in Ethiopia, aims to build on the rapid expansion of the region.
Rhodia and Sibur have signed a letter of intent to create a joint venture in specialty surfactants focused on creating a leader in the CIS market where specialty surfactants are used, particularly in personal care and other industries.
L’Oréal is planning to invest $50 million in a new hair colour manufacturing facility in Mexico,as it seeks to increase international competitiveness and sees a strong potential for development in the area.
From an idea that was developed in a university dorm room and initially marketed at student clubs, Wingman has flown to new heights in its first year, achieving national success and gaining external investment.
Texas-based retailer Sally Beauty Holdings has settled a lawsuit with cosmetics giant L’Oreal over allegations that some subsidiaries breached distribution contracts with the French firm.
US-based chemical giant Ashland is to acquire specialty chemicals manufacturer International Specialty Products (ISP) in a move which will expand their business in the global market, especially in personal care.
Procter & Gamble has further stressed its emphasis on sustainability targets with the appointment of three new members to its US Sustainability Expert Advisory Panel.
Procter & Gamble has filed a lawsuit against cosmetics company Vi-Jon in the US alleging that Vi-Jon is violating its intellectual property in regards to one of its mouthwash products.
Avon Products confirmed earlier this month in an SEC filing that it is expanding its corruption investigation in China, while federal prosecutors yesterday stated they want to interview more staff.
With rapid expansion on the cards at consumer goods giant Unilever, it has entered into a global alliance with Jacobs Engineering Group to support the delivery of its capital investments in the future.
Life sciences company Quick-Med Technologies has signed a new multi-year exclusive worldwide manufacturing and distribution agreement with BASF for its Multi-Stat anti-aging technology.
The cosmetics giant’s US arm has partnered with content and social media firm Demand Media to develop custom content and exclusive media designed to connect L’Oréal’s brands with women seeking personalized beauty solutions.
Business with major customers and emerging markets helped drive growth and get Symrise off to a good start for the financial year 2011 as it posted high sales and earnings figures.
Particularly strong growth in both the emerging markets and fine fragrance and beauty have helped International Flavors & Fragrances to achieve revenue of $714m in the first quarter of this year; nine per cent up on the same period of last year.
Alberto Culver has announced that Unilever and the US Department of Justice (DOJ) have reached an agreement that will enable Unilever to complete its proposed acquisition of the company.
The newly-acquired Cognis business had a positive effect on BASF’s Q1 Performance Products results, as the integration is on-track for completion by the end of 2011.
Organizational changes have taken place at consumer goods company Procter and Gamble, as Edward D. Shirley, vice chairman of Beauty and Grooming will be retiring.
Henkel reports significant gains for its first financial quarter, a result that was driven by major revenue increase in both its cosmetics division and emerging markets.
Avon has reported strong sales growth and a big jump in profits as the Latin American markets power on, with particularly strong growth in Mexico and Venezuela.
Unilever has revealed strong sales growth in its preliminary Q1 results, as both the personal care category and emerging markets make significant contributions.
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
Elizabeth Arden is continuing to reduce its losses as it benefits from restructuring initiatives and experiences a turnaround in sales for both the domest US market and internationally.
Germany-based Beiersdorf is planning on selling its production site in Baden-Baden, or possibly closing it in the medium term, affecting 390 employees.
Procter & Gamble reports a double-digit increase in third quarter earnings, but reduces it upper end earnings outlook in the belief that manufacturing costs are set to rise further.
Inter Parfums has started the year on a strong note after posting sales growth for the first quarter, thanks to both its European and US-based product sales.
Speciality ingredients supplier Naturex has posted strong growth for the first quarter and despite it remaining a small part of its operations, the company still holds out hope for its personal care business.
With the imminent departure of Reckitt Benckiser CEO Bart Becht, speculation is growing over a merger or acquisition bid. But a leading financial analyst believes anti-trust laws may throw a spanner in the works.
L’Oréal chief Jean-Paul Agon has said he sees little opportunity for the company to extend its working relationship with Swiss food giant and stake holder Nestlé.
Speaking at the 2011 Annual General Meeting in Hamburg yesterday, Beiersdorf CEO Thomas Quaas says that personal care sales are likely to remain level with last year, while profits will be hit by restructuring costs.
Lonza has taken a big step into the probiotic market by announcing a worldwide exclusive licensing agreement with Organobalance, in which it will develop, produce and commercialize products containing a probiotic Lactobacillus strain.
L’Oreal billionaire shareholder Lilian Bettencourt has said that the food giant poses no threat to L’Oreal’s interests or independence, and has reiterated her position and passion for the cosmetics company.
The global cosmetics giant reported strong growth for the first quarter of the year thanks to the power of brands in Consumer and Luxury Products as well as accelerated growth in the US.
LVMH Moët Hennessy Louis Vuitton has posted strong growth for its first quarter although it’s Perfume and Cosmetics business did not post as much growth as other business units.
Nestlé chairman Peter Brabeck says the company will not make a decision on what to do with its 30 per cent stake in L’Oréal until 2014, when selling restrictions are lifted.
PZ Cussons has admitted that trading remains challenging due to higher raw material costs, and tough markets in Europe due to UK input costs, and in Nigeria due to the ongoing elections, and has lowered its expectations for the financial year.
Procter & Gamble says that the results of its Supplier Sustainability Scorecard initiative have resulted in a higher level of collaboration and innovation amongst the companies it works with.
Naturex will expand again in 2011 with several “€5-20m” targets, 1.5 years after completing the €110m integration of Spanish supplier Natraceutical that made the French botanical extracts supplier the biggest in the world.
Increased sales of DMAPA in the US and Latin America has led Belgium-headquartered alkylamines producer Taminco to construct a unit for the surfactant intermediate at its plant in St Gabriel in Louisana
In line with its ‘Focus on Skin Care. Closer to Markets’ strategy, German cosmetics company Beiersdorf has announced plans to make significant investments in its mass market Nivea brand in 2011, in order to strengthen its long-term position.
France-based luxury goods company LVMH has made several acquisitions in 2011 that will enhance its cosmetics and perfumes business segment, which generated sales of €3.1bn in 2010, an increase of 9 per cent.
BASF has announced plans to reduce its workforce by 450 by the end of 2012, as it progresses with its integration of Cognis and works towards its growth goal of €135m EBIT by the end of 2015.
![Bamboo vinegar demonstrated effects comparable to lauric and azelaic acid in inhibiting P. acnes. [Getty Images/FangXiaNuo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/formulation-science/bamboo-vinegar-found-to-have-similar-properties-to-lauric-azelaic-acid/17753950-1-eng-GB/Bamboo-vinegar-found-to-have-similar-properties-to-lauric-azelaic-acid.jpg)
