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Suppliers’ Day 2013: Optimism amid shifting preferences

4:19 PM MDT | June 4, 2013 | —Vincent Valk

Personal care chemical manufacturers remain optimistic about industry’s outlook despite weakness in Western Europe, attendees at New York Society of Cosmetic Chemists’ Suppliers’ Day, held recently at Edison, NJ, said. Attendees said the outlook has been buoyed by an improving economy, consumer spending, and growth in emerging markets. Some companies, however, have been feeling the effects of trading down among consumers, leading to lower demand for premium products, particularly in Europe....

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