L’Oréal grows in new markets

“Although market growth has been slightly slowing down, L’Oréal recorded a solid first half. Each division and zone is growing and outperforming its market. The Consumer Products Division and L’Oréal Luxe are growing strongly, driven by L’Oréal Paris, Garnier, Lancôme, Giorgio Armani and Kiehl’s. The Professional Products Division, still held back by a difficult market, … Read more

Unilever to build new Indonesian palm oil processing plant

Unilever broke ground for its palm oil processing plant in the Sei Mangkei Special Economic Zone (SEZ) in North Sumatera. The plant is operated by PT Unilever Oleochemical Indonesia, a subsidiary of Unilever NV and it will enable further traceability and segregation of sustainable palm oil to support Unilever’s business, accelerating the transformation of the … Read more

Inter Parfums USA signs an exclusive license agreement for Shanghai Tang Fragrances

Inter Parfums USA Hong Kong Limited, the newly created Hong Kong subsidiary of Inter Parfums, has entered into a 12-year exclusive worldwide license to create, produce and distribute perfumes and related products under China’s luxury brand, Shanghai Tang. The Company plans to launch its first fragrance under the Shanghai Tang brand in Spring 2014. Founded … Read more

1st Beauty Trade Exhibition BEAUTY FORUM Cluj attracts 1,000 visitors

On the occasion of the ‘Beauty Forum Cluj’ on June 15 to 16 nearly 40 exhibiting companies presented for 1,000 visitors the latest trends, services, and brands in the Romanian beauty industry. Two sites (Beauty Point, Salon) hosted the hairdressing, cosmetics, make-up, and nail art programs, spectacular shows, and demonstrations of the latest face and … Read more

Make-up in Paris 2013 with a visitors’ increase of 18 %

In two days 2,517 professionals came to this year’s Make-up in Paris to explore ingredients, formulations, packaging and make-up accessories. This represents an increase in participation of 18% over 2012. Marketing and R&D managers accounted alone for over 50% of visitors. As regards the number of foreign visitors, they recorded an increase of 110% with … Read more

Clarins China commerce site in China with high double-digit growth

Initial sales in China have exceeded expectations, with high double-digit growth in the first half year since the site went live in September 2012. Online customer acquisition is accelerating, with Clarins adding 5,000 to 10,000 new newsletter subscribers each month. Best known for luxury skin care products, Clarins sells cosmetics in every country around the … Read more

28th BEAUTY FORUM MUNICH 2013: Register for free entry now!

Very warm welcome to Munich | 28th BEAUTY FORUM MUNICH26th, 27th October 2013BEAUTY FORUM MUNICH, Europe’s no. 1 autumn cosmetics trade fair, will take place on 26th and 27th of October 2013. Register now and receive your free entrance ticket to meet European main distributors and manufacturers in order to get to know the latest … Read more

28th BEAUTY FORUM MUNICH 2013 on 26 and 27 October

Welcome to the 28th BEAUTY FORUM MUNICH 2013 on 26 and 27 October 2013 in Munich Riem!BEAUTY FORUM MUNICH will take place for the third time at the Internationale Messe Munich on Saturday, 26th and Sunday, 27th October 2013. After the success of last year when 850 companies presented their products and trends of the … Read more

Symrise in Q1/2013: Sales increase of 8 % at local currency

Symrise saw dynamic demand in both divisions and increased sales to € 458 million in the first quarter of 2013 (Q1 2012: € 433 million). This cor-responds to a growth of 6 % (8 % at local currency) compared to the prior-year-quarter. Symrise improved its earnings before interest, taxes, depre-ciation and amortization (EBITDA) to € … Read more

Powerful innovation management

Innovation and innovation management have been used as mantras by business leaders in all industries for a long time. But how can they be applied successfully? In spite of all the customer-focused approaches in today’s organizations, some do not even know who their customer is. This is why it is important to get out of … Read more

L’Oréal’s ambitious plans in China

L’Oréal reaffirms its commitment to developing the luxury beauty market in China. Its plans for attracting the next generation of Chinese luxury consumers include in addition to the introduction of Clarisonic, in January 2013 the opening of the new Yves Saint Laurent Beauté boutique in May 2013. Jean-Paul Agon, Chairman and CEO, L’Oréal Group, said … Read more

Avon’s cost savings initiative

Avon released further details of the company’s previously announced $400 million Cost Saving Initiative by 2016. The latest actions include a global headcount reduction of more than 400 associates across all regions and functions, and the restructuring or closure of certain smaller, underperforming markets, primarily in Europe, Middle East & Africa, including the exit of … Read more

Shiseido: in-house cultivation of plant raw materials

Shiseido has started trial operations of a plant cultivation test facility established in December 2012 at the Kakegawa Factory. Along with installing a container-type facility that enables plants to be efficiently grown as raw materials for active ingredients, a test farm was also set up and will commence full-scale operation from April. With this initiative, … Read more