Two Cosmetic Associations Partner with in-cosmetics North America
August 3, 2017
Two leading cosmetic trade associations have been confirmed as partners for this year’s in-cosmetics exhibition in the U.S.
The Independent Cosmetic Manufacturers and Distributors Association (ICMAD) and The Personal Care Products Council (PCPC) are backing the region’s newest cosmetic ingredients event, highlighting its importance and value to the country’s booming personal care market.
Both partnerships will primarily focus on promotion of the event – which takes place Oct. 11-12 – to their respective membership databases.
“We are delighted to be collaborating with in-cosmetics North America once again. ICMAD’s more than 700 members represent the lifeblood of our industry; hardworking small businesses and entrepreneurs,” said Pamela J. Busiek, ICMAD president and CEO.
She added, “This event strikes a perfect balance between business and knowledge, both of which are extremely important to our members as they work to create the next cosmetic innovation. I know our members will leave the event feeling inspired, informed and ready to shape the future of the cosmetics industry.”
The associations will highlight how in just two days, in-cosmetics North America will help professionals in the personal care industry develop and build their businesses thanks to its unique sourcing, educational and networking opportunities.
“in-cosmetics North America is becoming an extremely important event for the US cosmetics industry,” said Mark Pollak, senior executive vice president at the PCPC.
He said, “At the Personal Care Products Council, we represent over 600 companies who manufacture distribute and supply the vast majority of personal care products marketed in the region. This event provides our members with the perfect opportunity to meet with companies that can help them ensure quality, safety and innovation when it comes to developing products in the future, and we are very proud of the partnership.”
Following a successful launch in 2016, this year’s event has been extended to further meet the requirements of the U.S. cosmetics market.
A new venue – The Javits Center in New York City – accommodates the expanded exhibition floor, offering space for visitors to meet with more innovative ingredient and service suppliers than before, while an increased educational programme focused on latest consumer trends, science and regulations will enable cosmetic manufacturers to update their industry knowledge.
ICMAD and PCPC members also will benefit from an extended experiential features programme which includes the addition of a number of new show areas.
Alongside the hands-on Formulation Lab sessions, the Formulation Challenge and Innovation Zone showcase of last year, visitors will benefit from brand new Make-Up and Sensory Bars. The Make-Up Bar will highlight the latest innovations in colour cosmetics, enabling marketers to quickly identify ingredients that can lead to a stand-out product, while the Sensory Bar will showcase products that provide a truly unique sensorial experience.
Plus, brand-new Marketing Trails will help marketers navigate the science behind the world’s newest ingredients.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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