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Lipsticks Export Jumps up in 2021

Lipsticks exports from France has increased in the global market, according to IndexBox recent report.

Lip make-up preparations exports totaled 5.9K tonnes, from January through October 2021, representing 11% higher than what it was over the same period of time in the previous year. China is the country with the largest portion of lipstick imports from France, its purchases jumped by 53% over the same period.

The price of lip make-up preparations from the European country was on average estimated at $124 per kg from January to October 2021, a jump of 18% compared to the same period a year before.  

Apart from China, countries including the U.S., Italy, Spain and Singapore increased their imports from France. However, the UK, Russia and Germany’s imports fell. Increase in lipstick supplies denotes an improvement in the world’s cosmetics market.

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By Saha on January 24, 2022

Canada Supports Businesses After Couche-Tard's Failed Deal

François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, in a tweet to Alain Bouchard, Chairman of the Board of Directors of Alimentation Couche-Tard, guaranteed to support the company when the plan to purchase European retailer Carrefour SA failed. After France’s cold-shouldering to keep the deal, the two companies canceled transaction on January 15. The convenience store company gave it all up following the French Finance Minister’s uncertainty over food and job safety. The two will go ahead with Partnership Opportunities after all. Champagne tweeted he will back Canadian businesses either inside or out. The mutual trade will be profitable to “sides of the Atlantic”, he said. Couche-Tard, set up by Bouchard in 1980, has turned from a simple store to multinational convenience stores with a noticeable value of $ 33 billion. Samira H.
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By Samira Hassanzadeh on October 19, 2021

Kenya's Flight to France Reopens

Kenya airways (KQ) revealed its program to restart flights to France. Scheduled to reopen March 17, the direct flights will proceed from Nairobi's Jomo Kenyatta International Airport to Charles De Gaulle airport in France. With tickets at competitive prices, Kenya carrier will resume with one flight a week; adding flight numbers depending on demand. In this respect, KQ's Chief Commercial and Customer Officer, Julius Thairu said direct flights to France are recommenced as part of our plans to develop its air travel while restrictions are being less tightened in the world. He added this flight would be convenient for passengers traveling to major destinations in Africa including Moroni, Entebbe, Kinshasa, Johannesburg, and Antananarivo. Our customers safety matters to us and we are committed, he concluded. Samira H.
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By Samira Hassanzadeh on October 19, 2021

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