Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Sign up for our newsletter or create your own insight alert. If you want us to track a particular topic – just tell us   Bookmark and Share
GO
Create your own alert.
Contents
 

Unilever Goes On Buying Binge In US

Unilever has been acquiring beauty and personal care and household care companies in the US, while its rival Procter & Gamble seems to be at present not interested in doing any merger and acquisition deal. In July 2016, Unilever bought subscription service Dollar Shave Club and, in September, acquired 7th Generation. For its part, P&G has been focused on selling its non-core beauty brands.

"Unilever in Acquisition Mode, While Procter & Gamble Remains Relatively Quiet", Euromonitor International, September 21, 2016

India Plans To Make It Easier To Import Cosmetics

India plans to ease its rules on importation of foreign cosmetics into the country. At present, the Indian government requires imported cosmetics brands to undergo clinical trials similar to those performed on pharmaceutical products. Part of the proposed importation rules amendments include a stop to requiring foreign cosmetics brands that contain ingredients included in pharmaceutical products to go through such tests.

"India set to reduce restrictions on cosmetic imports", Cosmetics Design, September 20, 2016

L'Oreal USA Announces Layoff Plans For Kent And Redmond Facilities

L'Oreal USA said it plans to cut by 120 employees its workforce at its Kent distribution center and Redmond manufacturing facility. Announced in compliance with the Worker Adjustment and Retraining Notification Act, most of the layoffs are at the Redmond facility. Most of the cutbacks are due to the plan of Clarisonic, which L'Oreal bought in 2011, to move production to external manufacturing partners.

"L’Oréal USA to lay off 120 in Kent, Redmond", Kent Reporter, September 20, 2016

Faced With Shrinking Domestic Market, Japanese Beauty Brands Speed Up Overseas Expansion

Japan's cosmetics companies are speeding up their efforts to expand their businesses overseas. Driven by the slowdown in foreign-tourist-driven sales, beauty brands are looking for new reliable sources of revenue. In July 2016, Shiseido Co. acquired US-based luxury cosmetics company Gurwitch Products LLC, the Japanese company's first foreign acquisition in six years. Earlier in June, the company signed an exclusive licensing deal with Italy-based luxury brand Dolce & Gabbana for sales of fragrances and other personal care products. In August, Kose Corp. launched its flagship skincare brand Sekkisei in Hawaii. Domestic sales of cosmetics reached 1.5 trillion yen in 2015, driven by foreign tourists; however, in April‒June 2016,... More

"Cosmetics makers speed up efforts to expand overseas", The Japan News, September 17, 2016

Coty Names Publicis Media Lead Global Agency

Coty Inc. awarded its lead global media account to Publicis Media. Zenith will lead the account, which includes existing Coty brands, as well as those from P&G Specialty Beauty Business being acquired by Coty. As part of the deal, Publicis Media will collaborate with Beamly, Coty's in-house digital social and programmatic agency.

"Coty Appoints Publicis Media as Its Lead Agency Globally", PR Newswire, September 16, 2016

K-Beauty Products Becoming Popular In UAE, Agency Says

Demand for South Korean beauty products is growing in the United Arab Emirates, according to the Korea Trade-Investment Promotion Agency. Data from the KOTRA showed cosmetics shipments to UAE are growing an average of 5 percent each year. In 2014, cosmetics import from South Korea grew to $5.94 million from $5.38 million in 2012.

"K-Beauty Gaining Popularity in Burgeoning United Arab Emirates Beauty Market", Pulse, September 15, 2016

SeaSoul Cosmeceauticals Opens First Make-Up Academy

Skincare company SeaSoul Cosmeceuticals launched its SeSoul Make-Up Academy by Manisha Chopra in Gurgaon. SeaSoul’s make-up academy will offer three-week courses on basic make-up application, a six-week course on advanced hair and make-up, and a two-day personal grooming class.

"SeaSoul Cosmeceuticals sets new benchmarks in beauty, make-up ecosystem", NewKerala.com, September 13, 2016

 
Developed by Yuri Ingultsov Software Lab.