News & Analysis on Cosmetics Innovation
The French cosmetics maker missed its third quarter sales expectations with the Luxe division facing difficulties in Asia and Travel Retail, but company CEO Jean-Paul Agon insists the slowdown is just ‘temporary.’
Skin whitening is a trend big in Asia, but is also present in Europe and the US in anti-ageing as consumers seek a uniform skin tone, and with natural ingredients in-vogue at present, multi-faceted ones will be in big demand as they help to decrease costs.
The EU Commission Working Group on Cosmetics has voted in favour of approving zinc oxide as a UV filter in cosmetics in Europe, which has undoubtedly pleased a number of ingredient suppliers and cosmetics companies in this space.