Cosmoprof Asia Debuts Awards Competition

Cosmoprof Asia 2017 will be awarding the most innovative products in beauty during its 22nd edition in November. Cosmoprof Asia, hosting perfumery and cosmetics, natural and organic, beauty salon, hair, nail and accessories, will take place at the Hong Kong Convention and Exhibition Centre November 15-17. Cosmopack Asia, which hosts supply chain categories, including ingredients, contract manufacturing, machinery and packaging, will be held at the AsiaWorld-Expo November 14-16.

Industry Updates

Beauty industry companies and professionals racked up a host of awards and recognition, recently, during the 2017 Cosmoprof North America event in July. From commendation for sales performance to recognition for tenacity and perseverance, the following awardees model excellence in the industry.

Confusion Over Personal-Care Ingredients Impacts Purchases

Retail customers are having difficulty making purchase decisions for personal-care products due to unfamiliar ingredients on product labels, according to a “2017 Ingredient Confusion” study by Label Insight, a product-transparency agency. The study found that 81 percent of the more than 1,000 consumers surveyed do not recognize ingredients on personal-care product labels on a regular basis. And a mere 2 percent “always” understand what they are reading on labels.

Skincare Sales Surpass Makeup

Skincare sales have outpaced makeup this year, according to second quarter 2017 prestige-beauty insights from NPD Group. For the retailer looking to capitalize on this trend, expanding its skincare offerings to include a variety of new, unique and innovative skincare options, especially from smaller brands hitting the market, will allow it to make the most of this growth.