News & Analysis on Cosmetics Innovation
The growth rate for cosmetics, toiletries and fragrance in Brazil has exceeded predictions made at the beginning of the year, which means the value of the market in 2009 is likely to be 11 per cent higher than 2008.
A leading analyst has released a note to investors suggesting that Procter & Gamble may be scouting around for a major acquisition in an attempt to boost sales.
Gerresheimer has cut its forecast for 2009 after a poor second quarter that saw gains made in drug packaging pegged back by falling demand from the cosmetics industry.
Changes to the Estee Lauder Companies’ board of directors see Jane Lauder replacing father Ronald after over forty years.
Leading pharmaceutical and personal care player Johnson & Johnson has been hit hard during its second quarter by the global economic recession.