CORAL SPRINGS, Florida, December 10, 2015 /PRNewswire/ --
The U.S. & global growing population of the individuals within the age group of 40-60 years is driving the market for nutricosmetic, anti-aging products and other skin-care/treatment products indicating demographic conditions will propel the sector for nutricosmetic ingredients market owing to increasing preference for products which detain signs of aging, improve skin firmness, reduce wrinkles and more. Leading companies focused on skin-care, cosmetic products of note are RiceBran Technologies (NASDAQ: RIBT), Nu Skin Enterprises, Inc. (NYSE: NUS), Coty Inc. (NYSE: COTY), DS Healthcare Group, Inc. (NASDAQ: DSKX), Herbalife LTd. (NYSE: HLF) and Avon Products, Inc. (AVP)
RiceBran Technologies (NASDAQ: RIBT), a global leader in the production and marketing of value added products derived from rice bran, began to focus on the emerging nutricosmetics market as a significant, high margin growth opportunity for its rice bran, rice bran oil and rice bran derivative products in late 2014. Today the Company announced that it has shipped a nutricosmetics order to a large retail chain customer with over 4,000 stores throughout the United States. The two new hand cream products formulated with rice bran oil were developed by RBT in conjunction with the retail chain's product development team. Those hand creams will be available in a select number of stores immediately with a larger roll out anticipated to take place in 2016. In addition to its 4,000 store footprint, the retail chain also sells its branded products through 30,000 additional independent retail locations. RBT sees the nutricosmetics product category as a significant high margin growth opportunity and is in various stages of development with other high value customers for additional nutricosmetics product launches in the coming quarters.
Read the full RiceBran Press Release at: http://www.financialnewsmedia.com/profiles/ribt.html
Skin care products made with rice bran and rice bran oil are known to make skin appear younger, less wrinkled and more evenly toned. Rice bran oil is naturally rich in nutrients such as gamma oryzanol, tocopherols and tocotrienols. These nutrients can fortify skin cells and help protect the skin from oxidative stress. Rice bran and rice bran oil have been used for centuries in cosmetic and beauty products in Japan dating back to the Geishas. Rice bran based products are credited with providing more beautiful and younger looking skin. Today, the most beautiful women in Japan are still known as 'nuka bijin' or rice bran beauties. Mark McKnight, SVP of Sales and Marketing at RBT, says: "According to NEXT: THE NATURAL PRODUCTS INDUSTRY FORECAST 2016, booming nutricosmetics markets in Japan and Europe have greatly contributed to success of the overall global nutricosmetics market, which is estimated to reach $5.5 billion by the year 2018. America is also starting to catch on and RiceBran Technologies expects to capitalize on emerging opportunities in nutricosmetic creams and lotions, exfoliants and 'beauty-from-within' products based on rice bran formulations."
In other Nutri-Cosmetic Products news and happenings around the sector: In connection with its annual investor day, Nu Skin Enterprises, Inc. (NYSE: NUS) last week reiterated its fourth-quarter and full-year 2015 outlook and announced financial guidance for 2016. "We have generated positive momentum this quarter with the initial introduction of ageLOC Me and ageLOC Youth," said Truman Hunt, president and chief executive officer. "Last month we had a strong response to the introduction of ageLOC Youth in the Americas, and this month, we are introducing ageLOC Me in South Korea and Japan. We believe the excitement among our sales leaders and consumers for both new products bodes well for our growth prospects in 2016." The company reiterated fourth-quarter 2015 revenue guidance of $570 to $590 million and earnings per share of $0.70 to $0.73. The company anticipates 2016 revenue of $2.29 to $2.33 billion representing growth of 5 to 7 percent in local currency, with a projected negative foreign currency impact of 4 percent. Earnings per share in 2016 are estimated to be $3.25 to $3.40.
Coty Inc. (NYSE: COTY) announced in November that it had entered into a definitive agreement to acquire the personal care and beauty business (the "Beauty Business") of Hypermarcas S.A. (BM&FBovespa:HYPE3) for approximately $1.0 billion (R$3.8 billion) in cash. The transaction will be funded with a combination of cash on hand and available debt facilities. COTY closed up on Wednesday at $28.26 on over 1.4Mil shares traded by the market close. COTY was up slightly in the After Market on Wednesday as well.
DS Healthcare Group's (NASDAQ: DSKX) flagship products are now selling in Walmart (NYSE: WMT), one of Brazil's largest retailers. With this addition, DS Laboratories further expands its global retail footprint as part of the company's omni-channel approach and continued dedication to delivering its breakthroughs to consumers worldwide.
In a FOX Business Network Exclusive, Charlie Gasparino has learned Herbalife's (NYSE: HLF) legal team is upping the pressure against hedge fund activist Bill Ackman. The company's legal counsel sent a letter to Ackman's Pershing Square Capital Investment's outside research firm, OTG Research Group, demanding that they stop soliciting confidential, proprietary and privileged information from both current and former Herbalife employees. The letter cites Ackman and his campaign against Herbalife describing his research tactics as troubling and improper. Read the full article at http://www.foxbusiness.com/investing/2015/12/08/herbalife-attorney-warns-ackman-team-to-steer-clear-employees/
Avon Products, Inc. (AVP) (the "Company") last week issued the following statement in response to the press release issued on December 3, 2015 by Barington Capital Group ("Barington"): We are aware that Barington has made a public announcement expressing its views on our business. Avon welcomes open communication with and feedback from our shareholders. Our Board of Directors and management team regularly review a wide range of options regarding our business and operations and take into account the views of Avon shareholders. We remain focused on taking strategic actions to drive sustainable, profitable growth, address changing and challenging industry dynamics, create opportunity for our Representatives and enhance value for all Avon shareholders. This includes the actions we have taken and continue to take to drive improved performance in the North American business.
FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services. If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com. Follow us on Facebook: facebook.com/financialnewsmedia and Twitter: twitter.com/FNMgroup.
DISCLAIMER: FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNMG is NOT affiliated in any manner with any company mentioned herein. FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNMG has been compensated one thousand nine hundred dollars for news coverage of the current press release issued by RiceBran Technologies by the company. FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.
SOURCE FN Media Group, LLC