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Advances in formulation and ingredient technologies are driving the increase in number of innovative products being developed, according to Technavio's Global Sun Care Products report. According to the report, the two other trends expected to drive developments in the sun care market through 2020 are consumer demand for private-label brands and the use of nanotechnology in product development. Other insights offered by the report include the growing popularity of multifunctional products.
"Top 3 Trends in The Global Sun Care Products Market Through 2020", Beauty Packaging, September 06, 2016
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L'Oreal Luxe unveiled the Flowerbomb Taxi to launch an advertising campaign for its Viktor & Rolf fragrance. Created by advertising agency The Persuaders, the taxi comes with a branded pink exterior and with the interior featuring pink suede upholstery and flowers. According to the company, the taxi will be used to transport online influencers and beauty bloggers.
"In Pictures: L'Oreal Luxe Creates Flowerbomb Taxi to Promote Fragrance", Event Magazine, September 07, 2016
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Switzerland-based oral care company Curaprox launched the Black Is White Collection line of natural toothpastes with activated charcoal. Although black in color, the toothpaste whitens teeth by absorbing dirt and discoloration particles, the company said. Ingredients of the toothpaste include activated charcoal, prestige sparkling blue optical filter, sodium fluoride, and enzymes. Coming in two flavors, Black Is White, which is lime-flavored; and White Is Black, which has a mild flavor, the toothpaste will be available at retailers across the country starting in November 2016. It comes with a suggested retail price of $29.99.
"Curaprox Introduces Toothpaste Made with Charcoal", Drug Store News, September 14, 2016
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Demand for South Korean beauty products is growing in the United Arab Emirates, according to the Korea Trade-Investment Promotion Agency. Data from the KOTRA showed cosmetics shipments to UAE are growing an average of 5 percent each year. In 2014, cosmetics import from South Korea grew to $5.94 million from $5.38 million in 2012.
"K-Beauty Gaining Popularity in Burgeoning United Arab Emirates Beauty Market", Pulse, September 15, 2016
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Dettol launched a global campaign aimed at promoting handwashing in 19 countries. Part of the company's 2016 Global Handwashing Day celebrations, the campaign also seeks to educate millions of people about the importance of handwashing with soap as a means of preventing diseases and save lives. In Nigeria, Dettol has educated more than 6 million children and their parents about handwashing since 2010, the company said.
"Dettol aims to educate millions on Global Handwashing Day", NAIJ, September 16, 2016
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Coty Inc. awarded its lead global media account to Publicis Media. Zenith will lead the account, which includes existing Coty brands, as well as those from P&G Specialty Beauty Business being acquired by Coty. As part of the deal, Publicis Media will collaborate with Beamly, Coty's in-house digital social and programmatic agency.
"Coty Appoints Publicis Media as Its Lead Agency Globally", PR Newswire, September 16, 2016
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Japan's cosmetics companies are speeding up their efforts to expand their businesses overseas. Driven by the slowdown in foreign-tourist-driven sales, beauty brands are looking for new reliable sources of revenue. In July 2016, Shiseido Co. acquired US-based luxury cosmetics company Gurwitch Products LLC, the Japanese company's first foreign acquisition in six years. Earlier in June, the company signed an exclusive licensing deal with Italy-based luxury brand Dolce & Gabbana for sales of fragrances and other personal care products. In August, Kose Corp. launched its flagship skincare brand Sekkisei in Hawaii. Domestic sales of cosmetics reached 1.5 trillion yen in 2015, driven by foreign tourists; however, in April‒June 2016, average spending of foreign tourists fell 10 percent to 159,930 yen per person, compared with the same period in the previous year.
"Cosmetics makers speed up efforts to expand overseas", The Japan News, September 17, 2016
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Unilever is cutting its workforce in Switzerland by 100 jobs, due to its move to relocate logistics operations to Rotterdam. Scheduled to take effect in summer of 2017, the layoffs will affect a third of employees at the company's location in the country's northern canton of Schaffhausen.
"Unilever cuts 100 additional jobs in Switzerland", swissinfo.ch, September 17, 2016
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Unilever plans to invest more in Pakistan, according to Jeannette Seppen, The Netherlands' ambassador to the country. During a meeting with Pakistan's Finance Minister Ishaq Dar, Seppen also thanked the government for creating a business environment that is friendly for multinational companies.
"Unilever planning further investments in Pakistan", Daily Pakistan, September 18, 2016
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Johnson & Johnson plans to build a JLABS center in South Korea, according to a September 19, 2016, report by Money Today. Established by the company under its Johnson & Johnson Innovation platform in 2012, JLABS serves as an incubator for healthcare-related startups. Its first outside North America, the proposed Korea JLABS will be the company's seventh incubator facility.
"Johnson & Johnson’s to open startup incubator in Korea", The Investor, September 19, 2016
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India plans to ease its rules on importation of foreign cosmetics into the country. At present, the Indian government requires imported cosmetics brands to undergo clinical trials similar to those performed on pharmaceutical products. Part of the proposed importation rules amendments include a stop to requiring foreign cosmetics brands that contain ingredients included in pharmaceutical products to go through such tests.
"India set to reduce restrictions on cosmetic imports", Cosmetics Design, September 20, 2016
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L'Oreal USA said it plans to cut by 120 employees its workforce at its Kent distribution center and Redmond manufacturing facility. Announced in compliance with the Worker Adjustment and Retraining Notification Act, most of the layoffs are at the Redmond facility. Most of the cutbacks are due to the plan of Clarisonic, which L'Oreal bought in 2011, to move production to external manufacturing partners.
"L’Oréal USA to lay off 120 in Kent, Redmond", Kent Reporter, September 20, 2016
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Unilever has been acquiring beauty and personal care and household care companies in the US, while its rival Procter & Gamble seems to be at present not interested in doing any merger and acquisition deal. In July 2016, Unilever bought subscription service Dollar Shave Club and, in September, acquired 7th Generation. For its part, P&G has been focused on selling its non-core beauty brands.
"Unilever in Acquisition Mode, While Procter & Gamble Remains Relatively Quiet", Euromonitor International, September 21, 2016
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India-based Wipro said it has agreed to acquire Chinese personal care company Zhongshan Ma Er Daily Products' lines of shower and bath products. Upon completion of the deal, Wipro will become the third biggest company in the segment in southern China, the company said. Without disclosing the financial details of the deal, Wipro said it expects the Chinese brands to help grow its annual revenue in China to almost 1 billion yuan, or $150 million.
"India’s Wipro to Buy Zhongshan Ma Er’s Personal Care Brands", South China Morning Post, September 22, 2016
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Unilever Nepal Limited said its factory in Hetauda of Makwanpur has resumed normal operations, following the move of the labor union representing its workers to end their strike. Resumption of factory operations, which ended the strike that began on August 7, 2016, happened after a tripartite meeting of representatives from the labor union and Unilever Nepal management and the president of the local chamber of commerce.
"Unilever Nepal factory resumes operation", My Republica, September 22, 2016
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