Colgate-Palmolive wins in-cosmetics NA Formulation Lab Challenge 2017
By Simon Pitman
Last updated on
Four of the biggest beauty players in the market took up on this year's in-cosmetics North America Formulation Challenge. The four teams were Estée Lauder, Unilever, Shiseido and Colgate-Palmolive, The four teams fought a keen battle during the 90-minutes they had allocated to come up with a winning formulation. And the prize went to Colgate-Palmolive for the innovative way the team of cosmetics chemists put together its anti-pollution facial treatment.
The Latin American beauty industry is set for further growth, with the outlook for the region’s beauty remaining strong, although the rate of growth will slow compared to the last five years.
Colgate-Palmolive is known as an oral care player, but it has had a strong presence in the skin care market for many years and two new professional brand acquisitions will add to the portfolio.
