Confusion over standards not stopping organic buying: Consumers are becoming more confused about industry standards, but are buying natural and organic personal-care products at increasing rates, according to Amarjit Sahota, president of research firm Organic Monitor. Speaking at the Sustainable Cosmetics Summit March 25 in New York, Sahota estimated the global market for organic personal-care products will swell to $11.7 billion by 2012, up from $7.9 billion in 2008. Ninety-four percent of sales come from consumers in North America and Europe, the U.S. and Germany leading the way. Sahota maintained that universal standards defining "natural" and "organic" are needed, rather than the multiple competing industry standards and certifications that currently exist on either side of the Atlantic
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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Perrigo stands to gain up to €327m with sale of brands such as ACO and Emolium to KKR.
HBW Insight speaks to Kerry Group's RDA director for digestive health, Mathieu Millette, about the opportunity represented by the global trend for GLP-1 agonists for consumer health.
First Insight report from survey conducted in April with 1,267 US consumers notes that the Private Label Manufacturers Association recorded private label sales increasing by nearly 4% in 2024 to a record $271bn.
