Coty Acquires Brazilian Hypermarcas
Beauty giant Coty has announced they will be purchasing the entire arm of the Brazilian Hypermarcas. The
deal will be made for approximately $1 billion and
includes five personal care brands including Monage,
Risque, Bozzano, Paixao, and Bicolor. This purchase is
a foot into the bustling Brazilian market that Coty has
been looking for.
CEVA and Sephora Team up in Brazil
Sephora has announced that in order to facilitate its
sales throughout Brazil the company will team up with
CEVA, one of the world’s leading supply chain companies. The company estimates that CEVA will now be
taking responsibility for over 7,000 sku’s and handle
about three million orders per year. Supply Chain Regional Director for Sephora, Fabio Conclaves, said in a
press release, “We are very happy to enter this partnership with a recognized global player in the 3PL business. As we plan to grow in Brazil we can see that
CEVA will support this growth and be an excellent
partner to deliver our needs. “We chose CEVA because
we needed a dynamic 3PL who could respond to our
needs and precisely tailor their service offering to the
fast-moving needs of a cosmetic house. Every second
counts for us and the seconds with accuracy which
CEVA will deliver are even better.” Fabio Mendunekas,
CEVA’s Vice President of Business Development said,
“Not only are we proud to celebrate this partnership
with Sephora, but we are equally proud to bring such
a fashionable icon into CEVA´s portfolio of cosmetics
and healthcare customers. With this contract we further
our objective of diversifying our Sector portfolio.”
Pure Drop—New Frontiers in Airless
Packaging
The teams behind Korea’s Samhwa and the French
group Pochet have announced that they are working
together to develop the newest version of airless packaging that they are calling Pure Drop. Currently there
are very few airless packaging options, especially in the
prestige industry due to a combination of functionality
limitations and design issues. The two companies hope
that with Samhwa’s performance capabilities and Pochet’s designs they will be able to perfect the technology and corner the market.
Asia Pacific
Chinese Manufacturing Company Ying Shuo
Opens Doors To New Facility
Ying Shuo, a Chinese company that manufactures
beauty packaging, has announced the opening of a new
factory in the outskirts of Shanghai. The new facility
has about 40,000 sqm, and the space allows for a wide
range of equipment that will enable the company to
further its work in the field. Currently 60% of finished
product is exported abroad with 2/3 heading to the US
and the remainder finding its way to Europe. The factory itself has been a huge boom to the area; they’ve
employed over 1000 individuals, and the company has
made an effort to ensure the factory maintains a higher
ecological standard.
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Alibaba Facing Second Counterfeit
Accusations
Alibaba, the Chinese commerce website, is once again
facing accusations of counterfeit. In 2008 the group,
which includes e-seller Taobao, was put on the U.S.
Trade Representative’s list of notorious businesses
for counterfeiting. Since then the online site has been
working to prevent further infractions—including increasing security, doing more to ensure that private