A round-up of the latest news and information you need to know to start your week surrounding all things beauty.

Legislative/ Regulatory

  • Industry runs into harmonization issues with Taiwan’s revised chemical Act. Following the revised rules of Taiwan’s Toxic Chemical Substances Control Act, the industry has noted the biggest problem to have been achieving registration harmonization between EPA and MoL rules. The core of the revised TCSCA is a registration scheme which requires manufacturers and importers to register their new and existing chemical substances prior to entering Taiwan’s market. Additionally, Taiwan moved to strengthen the management of Class 4 toxic chemical substances, new requirements which have required the industry to comply with since December 11th 2014. According to Chemical Watch, most foreign companies “have no major problems” with the final version of the registration rules. However, the American Chamber of Commerce government did report issues with harmonization. (CosmeticsDesign)
  • The China Food and Drug Administration has published a draft regulation for public consultation that will tighten the control of online sales of cosmetics. The CFDA is cracking down on false advertising, and information about certain drugs will not be allowed to be published online. The marketing claims of some cosmetics sold online prompted the China Food and Drug Administration to publish a draft regulation on Nov. 15th. The regulation requires online cosmetic sellers to provide adequate lab and evaluation data for the marketing claims of their products as well as trading platforms to check the qualifications of cosmetics and drug sellers. (CosmeticsDesign)

Business Portfolio

  • Avon to shell out $135m fine in China bribery case. Beauty giant Avon has been fined $135m (£87m), after a lengthy bribery charge case that has been ongoing for six years. Avon China pleaded guilty to concealing and disguising $8m (£5.1m) in gifts and bribes to Chinese officials. Gifts included plane tickets as well as Louis Vuitton, Tiffany and Gucci merchandise. In addition, Avon paid millions of dollars to government officials to obtain a direct-selling licence in China in order to gain an edge over its competitors. In China, direct selling was outlawed in 1998, but the ban was lifted in 2001. Avon began operating in China five years later and was one of the first companies to obtain a license in the country.(Cosmetics Business)

Industry Pulse

  • Evonik exec says 2015 will be the year of sustainability for the US cosmetics industry. Sustainability is likely to be the defining element for the cosmetics industry in North America, according to Evonik’s North America personal care vice president, Paul Washlock, who believes that the industry is responding to the demands of a better informed consumers. Speaking in an exclusive interview with Cosmetics Design on the sidelines of last week’ NYSCC annual meeting, Washlock explained his belief that all things green will be key for his business during the course of the New Year, and also highlighted how the US is playing catch up with other global regions, particularly Europe. “Going into 2015 the industry in the United States is seeing the issue of sustainability continuing to grow. We are entering into new  Conversations on, for example, the Roundtable for sustainable palm oil. While consumers are asking questions about the natural characterization of the ingredients in their products,” said Washlock.” (CosmeticsDesign)
  • Wellness and technological beauty ‘guaranteed’ to be next big skin care trends. Innovative beauty treatments and devices are the biggest growth drivers in the skin care market and will be the biggest influences in the foreseeable future, according to a new report. Market research company Diagonal Reports says the beauty market will rest on the three pillars of wellness, technological and cosmetic beauty for the future; the first two being new additions. (CosmeticsDesign)

Market GPS

  • Korean cosmetic brands see opportunity in Islamic markets. Various Korean cosmetics companies have been eyeing up the Islamic markets of late, however getting halal certification before they can target the 1.6 billion Muslim population has proved tricky for some. Korean products still remain relatively unknown to Muslim consumers. However, market analysts say Korean pop culture could help them gain a footing. To date, only a handful of Korean firms, such as Pulmuone, have obtained the necessary certification and expanded in countries like Malaysia and Indonesia. According to Korea based public service agency Arirang; ‘Talent Cosmetics’ is the first Korean cosmetics brand to receive halal certification from the Malaysian government. (CosmeticsDesign)

Beauty 2.0

  • Beauty products manufacturer Coty has joined the world of mobile optimization with a new Web site and employee intranet, both to offer a modern design and approach to showcasing its brands. These days, brands are most often optimizing their site to encourage mobile sales and research via the mobile channel. However, Coty will not be selling products of its brands via the site but will instead use it to showcase editorial content. “Coty is known for its creativity, so we wanted to design Coty.com in a way that reflects who we really are,” said Catherine Walsh, chief communications officer at Coty, New York. “We carefully selected a corporate image that was shot just for us that gives the site an elegant feel and approached the original content of the site with creativity in mind. (Luxury Daily)

 

1938 is the online magazine blog for Well-Kept Beauty, formally entitled Primer.

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