LAUDER’S 5 – YEAR FORECAST TO OPEN HBA GLOBAL EXPO

The cosmetics and personal care industry may be undergoing some tough times lately but "the good news is that there will be a next five years," said Leonard A. Lauder, chairman of The Estée Lauder Cos., whose speech entitled "A View from the Top: The Next Five Years" will open the 10th annual HBA Global Expo.

The Expo, which features the latest offerings from formulators, contract fillers, ingredient suppliers and private label manufacturers, as well as packaging, dispensing and labeling companies — is being held at the Jacob K. Javits Center in Manhattan. Last year, the Expo attracted more than 16,000 attendees and 500 exhibitors. This year, for the first time, the Expo is being held during the fall, from Oct. 14-16, as opposed to summer. Expo officials explained that holding the show in the fall is better since that is traditionally the time for formulating plans for holiday 2003.