Interparfums signs global license agreement for Lacoste fragrance
Interparfums has announced that its Paris-based subsidiary and Lacoste have signed a worldwide exclusive 15-year fragrance license agreement, effective immediately.
The Perfume Shop racks up record Christmas sales
Despite train and Royal Mail strikes, severe weather and the cost of living crisis, The Perfume Shop saw sales soar in the run up to Christmas 2022, according to a report published by This is Money. The UK retailer sold a record 1.8 million fragrances between November 28 and December 24.
Unilever cleared in formaldehyde suit
A Chicago-based federal judge has found in favor of Unilever in a suit that alleged that the manufacturer’s TRESemme range contained a formaldehyde-releasing preservative that was not disclosed on the front of the bottle, according to a report published by the Courthouse News Service.
Croda and Evonik in running to acquire Solus Biotech?
Croda is said to have joined bidders vying to acquire Korea’s Solus Biotech, according to a report published by The Korea Economic Daily.
Ulta names addition to Board of Directors
Ulta Beauty has announced the election of Heidi Peltz to its Board of Directors. Peltz is President and COO of The Sherwin-Williams Company.
Beiersdorf snaps up S-Biomedic
Beiersdorf has announced that it has purchased a majority stake in Belgian life science firm, S-Biomedic. The German owner of Nivea has invested in the skin microbiome specialist previously as part of its corporate venture capital activities. The purchase price was not disclosed.
Henkel spins off Russian unit
Henkel has announced the spin off of its Russian unit, according to a report published by Reuters.
Californian court slaps Avon with US$10.3 million punitive damages in talc suit
Avon has become the latest cosmetics firm to face a jury trial over the presence of asbestos in its talc-based products. The direct sales firm was ordered to pay US$10.3 million in punitive damages to a plaintiff who developed cancer after using talc-based powders sold by the beauty brand, according to a report published by Bloomberg.
AmorePacific teams up with Johns Hopkins Department of Dermatology on research project
AmorePacific has announced that it has kicked off a strategic collaboration with Johns Hopkins University that will see the K-beauty behemoth support a new research program, New Beauty Research Initiative (NBRI).
The Honest Co appoints CEO
The Honest Co has become the only US publicly traded company to be headed up by an Afro-Latina after the appointment of Carla Vernon as its CEO.
LATEST NEWS
