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Facing a difficult market reaction and economic environment, the Pola Orbis Group has resolved to dissolve a wholly owned subsidiary in Asia.
Rhône Capital also has advised Elizabeth Arden that, subject to market conditions and applicable legal or regulatory approvals, it intends to increase its ownership of the company’s common stock over time.
As image consciousness builds in men in India, they are seeking out more quality fragrance products—but they still are sensitive to price, as well.
Packaging suppliers TricorBraun and Vitro have expanded into India and Brazil, respectively, and Fusion Packaging, Aptar and Albée have collaborated on innovative new beauty pack launches.
See the Q4 and fiscal year end results for both The Estée Lauder Companies and Elizabeth Arden Inc., as well as results for Oriflame.
At the upcoming Sustainable Cosmetics Summit Asia-Pacific, beauty brands, suppliers and industry stakeholders will discuss the difficulties in going green with a beauty brand and the innovative ways they’ve come up with to solve these problems.
Mintel Beauty & Personal Care announced the expansion of its beauty coverage into Korea.
As India continues to gain prominence on the global beauty stage, markets such as hair care, skin care, natural/organic and men’s care are all seeing shifts there.
Organic sales grew 2%, including a two percentage point benefit from pricing. Shipment volume was in-line with prior year levels, but net sales were $20.2 billion, a decrease of 1% versus the prior year period.
For the first time, in-cosmetic Asia’s educational program will be offered 100% free to event attendees.