News & Analysis on Cosmetics Innovation
The continued rise of skin care beauty devices worldwide is being driven by the fact that consumers are feel they are getting additional efficacy to boost and work in union with topical products.
Luxury fragrance and cosmetics player Coty has formed a joint-venture with a major cosmetics distributor in Brazil, in a bid to expand its footprint in the country.
YSL Beauty, which has been part of L’Oréal Luxe for over four years, has made the mutual decision not to renew its license agreement with Stella McCartney.
The big challenge to the beauty packaging industry is differentiation as it becomes more difficult to make a product stand out, according to Mintel’s senior global packaging analyst, Benjamin Punchard.
As consumers become more concerned about personal care and the ingredients that are found in cosmetics amidst media scare stories, the natural and organic cosmetics market has seen solid growth, boosting the skin care category.