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SPAIN’S personal care product market is continuing to grow after years of post-financial crisis weakness. Spain’s skincare, cosmetic and perfume industry continues to mature, and has turned in solid sales figures for 2017, reflecting the optimistic mood of the economy after the ‘lost’ years of the recession.…

THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.

Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year.…

THE INTERNATIONAL Cocoa Organisation (ICCO) has released an ambitious policy plan designed to steer the industry towards sustainability. Called the Berlin Declaration, having been released at the fourth World Cocoa Conference, of governments, farmers, traders, grinders, processors, manufacturers, researchers, trade unions, civil society organisations, trade unions, consumer organisations, it says higher farm gate prices should be paid.…

A EUROPEAN Commission plan to identify online and physical marketplaces outside the European Union (EU) where counterfeiting piracy or other forms of intellectual property (IP) abuse are common practices has brought hope to the cosmetics sector. Continuously confronted with counterfeit and black-market goods, the legitimate industry sees the EU’s upcoming ‘Counterfeit and Piracy Watch-List’ as a way to minimise financial losses from pirates and smugglers.…

The European Commission has proposed new European Union (EU) company law procedures saying how a company should move from one EU country to another; companies from different countries can merge; or one company can divide into two or more new units in more than one EU country.…

Paul Simmons, Chief Financial Officer, Marriott International Middle East and Africa, provides a glimpse into running the finances of the region’s largest international hotel operator.

The Middle East – particularly the countries of the Arabian Gulf – is known for its impressive skyline of luxury hotels.…

The Hajj pilgrimage to Mecca is one of the five pillars of Islam, a religious duty every Muslim should perform once in their lifetime. But with 1.7 billion Muslims worldwide and the Hajj only occurring over five days every year, the event is a logistical challenge for the Saudi Arabian government, tour operators, hospitality service providers, retailers and accountants.…

PAKISTAN’S textile industrialists are downbeat over the diminishing prospects of investment by Chinese financiers and manufacturers, holding the government responsible for the apparent stalemate with its continued prohibitive production costs.

Speaking to WTiN.com, Pakistan textile industry insiders believe that sensing the high cost of doing business compared with rival manufacturing countries in south Asia, Chinese investors are losing interest in the Pakistani sector.…

OFFICIAL projections for Vietnam’s garment and textile exports in 2018 are bright but input imports for garment and textile production were more than half of the value of garment and textile exports in 2017, highlighting the need for increased domestic sourcing, industry analysts say.…

THE BUSINESS of selling paints and other coating products is expected to skyrocket in Kenya as the government implements President Uhuru Kenyatta’s agenda of providing affordable housing in urban and rural areas and promoting manufacturing industry, over the next five years.…