Cossma1611_GB

photos: DSM, Eedezign (recycle), GTS (vegetables), Oliveromg (hair), Pressmaster (wash), Shiseido, Wetzkaz Graphics (podium), Shutterstock.com WINNER’S PODIUM 45 MILLION VKE | In the EU, 41 million counterfeited products worth EUR 642 million were con- fiscated at customs. The number of cosmet- ics amounted to 3.3 million pieces, equal- ling EUR 45 million. More than 65% of these products stem from China, followed by Turkey and Hong Kong. Cosmetics and perfumes rank third of all the confiscated goods. Source: VKE Fre MIN cons natu care and ingr vega www.m LA DSM skin enab a m tions tion, www.d MORNING ROUTINE VKE | On average, Germans spend no more than 14 minutes on their cleansing and per- sonal care routine. For men it even takes one minute less, shaving included. Women take longer, as they put on makeup. Only 7% indulge in a quick wash, and there are only 3% for whom the daily routine takes more than 30 minutes. Source: VKE, German Asso- ciation of the Sales Compa- nies of Cosmetic Products (www.vke.de), based on an online survey with 500 men and women W ALL4 cosm cons duct clab prot Source INNOVATION CENTRE SHISEIDO | The cornerstone to the compa- ny’s Global Innovation Centre (GIC), which is slated to start operation at the end of 2018, has been laid in Yokohama, Japan. This centre, the world’s largest cosmetics research facility by headcount, will serve as global innovation hub of global R&D func- tions. The company has nine innovation cen- tres located in five countries worldwide. www.shiseido.com Eyeing up hair care CLARIANT | The company will open its first-ever Global Com- petence Center Hair Care in São Paulo, Brazil in the first quar- ter of 2017. Brazil currently repre- sents 20% of the global growth in the hair care segment and stands out for its widespread adoption of hair treatments, with women on average having eight hair care products in daily use. The ethnic makeup of Brazil provides a broad mix of hair types suitable for research. www.clariant.com ORGANIC MONITOR | As according to the World Health Organiza- tion, 92% of the global popu- lation is affected by excessive air pollution, anti-pollution skin care has become a major trend. Including food ingredients such as green tea, artichokes, açaí berries and moringa is another trend making its way into cosmetics. www.organicmonitor.com COTY | The merger with Procter & Gamble’s (P&G) Spe- cialty Beauty Business has been completed. This includes P&G’s fine fragrance, colour cosmetics, salon professional and hair colour and certain styling businesses. Coty is now the third-largest beauty company in the world, with around USD 9 billion in revenue. As a combined company, Coty will also hold the number one position in fragrances, and num- ber two and three positions in salon hair and colour cosmet- ics, respectively. www.coty.com Number one in fragrances, numbers two and three in salon hair care and colour cosmetics A broad mix of hair types suitable for research 92% Pione Global inno- vation hub MARKETS & COMPANIES NEWS 10 l COSSMA 11 I 2016 www PREMIUM BRAND GHD | Coty wants ac- quire Ghd from Lion Cap- ital LLP for approximate- ly GBP 420 million. Ghd, which stands for “Good Hair Day”, is a premium brand with lines of hair straighteners, hairdryers, curlers and other hairstyl- ing appliances, and gen- erated GBP 178 million in revenues in fiscal year 2016. www.ghdhair.com 16% For many years, France has been the leader in global exports of cosmetic products, with almost 16% of the market share in 2013, ahead of the United States (10.8%) and Germany (10.7%). With a 4% growth in exports in 2014 (of which EUR 5.45 bil- lion went out to Europe and EUR 11.3 billion was exported to the rest of the world). Source: www.all4pack.com In Germany: No more than 14 minutes for a personal care routine News OF THE Month COS1611_10_News_Market.indd 10 27.10.16 07:36 COS1611_10_News_Market.indd 1027.10.1607:36

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