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Unilever To Expand Indonesian Production Capacity

Unilever Indonesia will spend half a billion dollars over the next five years to improve its production capacity in nine factories in the country. The money will be spent to improve production capacity for products in its two main businesses: home and personal care, and food and refreshment. The company posted first quarter sales of $812 million, representing a year-on-year growth 8.9 percent.  [ Image credit: © Unilever Indonesia  ]

"Unilever Indonesia to Invest $500 Million in Production Expansion", Indonesia Investments, June 07, 2017

Fosun Should Find Better Takeover Target Than The Body Shop, Analyst Says

Chinese conglomerate Fosun International should discontinue its efforts to secure the rights to buy The Body Shop, the beauty retailer owned by L'Oreal SA. There are several reasons why Fosun would be better off looking for another company to acquire. These include the lack of positive forecasts for the retail sector, including the beauty retail segment. Also, The Body Shop's emphasis on all-natural beauty products no longer differentiates it from rival retailers, as reflected by the 4.8 percent drop in revenue in 2016. With a price tag of $900 million, which is expected to significantly jump once a likely bidding war starts, The Body Shop is quite expensive.

"Fosun's Fruitless Beauty Search", Bloomberg, June 06, 2017

 
Companies, Organizations  

Shiseido Partners With Microsoft Japan To Develop Virtual Makeup App For Teleworking Women

Shiseido worked with Microsoft Japan to develop TeleBeauty, an application designed to make a person appear on computer monitors as if he or she is wearing makeup. According to the cosmetics company, the app is aimed at women who telework and use computers to teleconference with their employers, clients, or coworkers. Offering users four basic patterns, natural, trend, cool, and feminine, the app can also correct skin tones and “de-focus other parts than face.”

"Shiseido aids working women with virtual cosmetics app", Nikkei, June 18, 2017

Market News  

Beauty Industry Leaders Keep Supporting Paris Agreement Despite US Departure

L'Oreal, The Estee Lauder Companies, Unilever, and other leading cosmetics and personal care companies still support the Paris Agreement, despite U.S. President Donald Trump's decision to remove the country from the climate change deal. Prior to Trump's announcement, beauty and personal care companies were calling on the president to remain committed to the deal, which strengthens the United Nations Framework Convention on Climate Change.

"Beauty industry stands up for Paris Climate Agreement, despite US plans to back out", Cosmetics Design, June 06, 2017

Beauty Is Still a Brick & Mortar Business

Beauty Packaging , June 15, 2017

Products & Brands  

U.S. Haircare Market Expanded In 2016, Report Says

In 2016, the value of the hair care market in the United States rose 0.6 percent to approximately $13 billion, compared with 2015, according to Kline Group. Data from the market research firm Kline Group's Cosmetics & Toiletries USA report revealed leading brands have expanded their product lineups to include products designed for consumers of all races and ethnic groups. Also, the shampoo segment expanded in 2016, with growth driven by rising demand for shampoos developed to deal with particular haircare needs.

"U.S. Hair Care: New Growth, New Benefits", Global Cosmetic Industry, June 01, 2017

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