Archives for August 16, 2006

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Investor sells up stake in Oriflame

By  Simon Pitman

On the back of a significant financial turn around since going private in 1999, Sweden-based cosmetic direct sales company Oriflame has bid good-bye to one of its biggest investors after Industri Kapital 1997 Fund sold the remaining shares it held in...

Terror threat presents double whammy for cosmetic industry

By  Simon Pitman

The recent terror threats that caused disruption to flights world-wide are also expected to have an impact on the cosmetics industry, caused by the combination of airport closures and restrictions on cosmetics that can be taken on board planes.

Essel Propack to set up beauty packaging facility in Poland

By  Simon Pitman

India-based Essel Propack, part of the Essel Group, is to enter its 15th market having unveiled plans to open up a beauty packaging production facility in Poland that will serve growing demand for plastic tubes in the region.