report

L’Oreal Intensifies Efforts to Reduce Environmental Footprint

In light of its stance on climate change, L’Oreal has been committed to sustainable efforts to reduce its environmental footprint, recently disclosing the results of its endeavors in its 2016 Sharing Beauty With All progress report, as part of its Sharing Beauty With All program, which was launched in 2013.

Skincare Products to Reach $179 Billion by 2022

The global skincare products market is expected to reach $179 billion by 2022, according to "Skin Care Products Market by Type and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022," by Allied Market Research(AMR).

The market is projected to grow at a CAGR of 4.7 percent from 2016 to 2022. The report also noted that Asia-Pacific dominated the market and contributed more than 40 percent of the overall market revenue, followed by Europe in 2015.

Retail Imports Increase Between School, Holiday Shopping Seasons

Cargo volume for 2016 is expected to see a 1.6% increase over last year, as consumers wrap up back-to-school shopping and retailers begin to stock shelves for the holiday season, according to the monthly Global Port Tracker report released by the retail trade association National Retail Federation and maritime research and informational services firm Hackett Associates.