L’Oréal and Cosmax Partner to Develop Next-Generation Beauty Innovations
L’Oréal and South Korean cosmetics ODM Cosmax have signed a memorandum of understanding to jointly develop next-generation beauty products, ingredients and sensory innovations for the global market.
Hindustan Unilever Raises Investment as It Targets New High-Growth Categories
Hindustan Unilever (HUL) plans to increase capital expenditure from around 2 percent to 3 percent of turnover as it targets faster growth through premiumisation, higher consumption and expansion into new categories.
CVC Explores US$2 Billion Sale of Dr. Teal’s Parent Arthea
CVC Capital Partners is exploring a potential sale of personal care platform Arthea, owner of brands including Dr. Teal’s and Cantu, in a deal that could value the business at around US$2 billion.
Belle Brands Acquires Hair Wellness Brand Vegamour
Belle Brands, the beauty platform backed by private investment firm Windsong Global, has acquired biotech-powered hair wellness brand Vegamour, adding it to a portfolio that includes JVN Hair, Pipette, KVD Beauty and Versed.
Peru Cosmetics and Essential Oils Exports Rise 6.8 Percent as Overseas Trade Grows
Peru’s exports of essential oils, cosmetics and surfactants increased 6.8 percent to US$89 million during the first seven months of 2026, against a backdrop of strong growth in the country’s wider export economy.
Pureseoul Partners with Primark to Launch Accessible K-Beauty Mini Mart
UK K-beauty specialist Pureseoul has partnered with Primark to launch an exclusive K-Beauty Mini Mart, bringing diffusion and sister brands from established Korean beauty companies into the value-led high-street retailer.
John Lewis Partnership to Recruit 10,400 Staff for Christmas Trading Period
John Lewis Partnership is recruiting more than 10,400 seasonal employees across John Lewis, Waitrose and its distribution network as the UK retailer prepares for the critical Christmas trading period.
Japan to Introduce New Tax-Free Shopping Refund System in November 2026
Japan will overhaul its tax-free shopping system from November 1, 2026, replacing immediate tax exemptions at the point of sale with a refund-based system for international visitors.
Yatsen Q2 Revenue Rises 5.1 Percent as Skincare Sales Jump 40 Percent
Chinese beauty group Yatsen reported a 5.1 percent increase in second-quarter 2026 revenue to RMB1.14 billion (US$168.3 million), driven by strong growth across its skincare portfolio.
Estée Lauder Companies Expands Leadership Roles to Accelerate Digital Transformation
The Estée Lauder Companies has expanded the roles of Brian Franz and Amber English as part of its Beauty Reimagined transformation strategy, strengthening leadership across technology, AI, digital commerce and its global Amazon business.
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