News & Analysis on Cosmetics Innovation
After making inroads into color cosmetics and skin care through several acquisitions in 2010, fragrance and cosmetics player Coty has said it will look to China and Brazil in 2011 as part of its plan to target high-growth opportunities in emerging markets.
Japanese cosmetics brand Shiseido has said that if consumer demand and the appropriate retail channels exist, it will continue to expand into new markets as part of its aim to become ‘a global player representing Asia with its origins in Japan’.
LVMH Moet Hennessy Louis Vuitton has acquired botanical skin care company Ole Henriksen, in a move that will se the further development of the brand worldwide.
Driven by an aging time-poor population and a greater appreciation of the role that nutrition plays in beauty, the global market for ready-to-drink beauty drinks reached a value of €1.1bn ($925mn) in 2010, with a 2.9 per cent increase in volume to 144mn...