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L’Oréal Acquires Vogue Cosmetics
By: Cristina Kroll
Posted: December 21, 2012, from the January 2013 issue of GCI Magazine.
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The new rule establishes guidelines in labeling for language, ingredients, quantities, toxic substances and amounts of each ingredient contained in the product. Hair dyes and sunscreen were applied a stricter standard, due to their high use in the country.
Peru’s Cosmetics Market Grows
Ángel Acevedo, president of the Peruvian Committee for Cosmetics and Hygiene (COPECOH), stated the country’s cosmetics and personal care sales grew by 14% in the first half of 2012, reaching a total of $1 billion. Personal hygiene, hair products and body care have led the growth. Per capita consumption of personal care products in Peru reached $159.
Ingredient Restrictions Standardized
The regulatory agencies of Argentina, Brazil, Paraguay and Uruguay (four of the five Mercosur nations) have accepted standardization of the percentages of specific ingredients in cosmetic formulas.
The limitations include sodium and potassium hydroxide in cuticle removers; aluminium chlorohydrate, its salts and complexes in deodorants; and hydrated magnesium silicate in baby powders. Restrictions were applied to thioglycolic acid and salts in products to straighten or wave hair; quinine and salts in shampoos and hair lotions; selenium disulfide in shampoos for dandruff; and most p-phenylenediamines in hair dyes.
In November 2012, Argentina’s Medicine, Food and Medical Technology Administration (ANMAT) was the first regulatory agency to apply the standard.
Cristina Kroll is a business journalist specializing in the beauty sector and living in Buenos Aires, Argentina. She has written for the main Argentine magazines related to the beauty business, and was a correspondent for French magazine Beauty Business News.