News & Analysis on Cosmetics Innovation
Direct sales giant Avon has reported a 36.7 per cent drop in its Q4 income as it tackles fierce competition and rising costs. The disappointing results coincide with the decision to pull out of the Indonesia market, which also knocked profits.
A small Israeli biotech company is looking to develop new skin care ingredients following a major increase in its business stemming from a distribution and licensing agreement with international ingredients provider Symrise.
Cocoa has long been used as an ingredient in cosmetics, but now Bobbi Brown is using the candied variety in an effort to push sales of its chocolate colored eye and lip make-up ranges, due out this fall.