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According to Canadean, body care accounts for 70.6% of the Brazilian skin care market, and the desire to enhance appearance influences 28.8% of this consumption.
Sluggish performance in Brazil contributed to softer results in Latin America.
Moves by Avon and Natura mark some changes in direct sales strategies in Brazil.
A Q&A with Philippe de Carvalho, General Manager Brazil, Coty
An obsession with beauty and image continues to propel makeup sales in Brazil; direct selling or relationships with local shops and salons among the keys to success.
With the exception of Hong Kong, Organic Monitor reports that the Chinese market for naturals has declined, with markets such as India, Thailand and Singapore picking up momentum.
L'Oréal was granted a Chinese business license for Shanghai Episkin Biotechnology Ltd., the company it created to market the Asian version of its reconstructed skin model Episkin.
With a net revenue of 405 million Brazilian reals in 2013 and brands well accepted by Brazil's growing middle class, the Niely Cosmeticos Group expected to positively complement the L'Oréal products already offered in Brazil.
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.