Supplement Firms Work On Mitigating Import Tariff Costs Before Raising Prices
Supplement marketers, Chinese suppliers and US retailers likely will work out mitigating costs from US-China trade war, which ratcheted up this month with Trump administration’s proposed fourth round of tariffs. Some companies are discussing cost mitigation with retailers, but others seek other suppliers.
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US Wellness Market In 2019: Amarin Wins, Loses On Supplements; Gottlieb Leaves With Consumer Health Flourish
Looking look back on US wellness market developments and events in 2019, HBW Insight finds a firm that doesn’t compete in the dietary supplement sector, Amarin, made a good bit of news that affected the industry during the year. We track news across the wellness space from the past year.
Low margins, limited supplier alternatives leave little room for OTC drug marketers in the US to maneuver as ingredients continue to be subject to Chinese import tariffs.
The French beauty giant plans to launch its Colorsonic at-home hair color device with oscillating nozzle in early 2023. L’Oreal showcased the product, along with a breakthrough hair color “reader” and custom mixing system for salon use, at the CES 2022 tech show in Las Vegas.