Coronavirus Aid Relief and Economic Security Act to support natural products industry
The Coronavirus Aid Relief and Economic Security Act (CARES) passed by congress is thought to help the natural products industry navigate through the economic unrest caused by the COVID-19 outbreak.
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O Boticário’s Founder donates 1.7 tons of gel alcohol to Curitiba to be used for hand sanitizer production
Miguel Krigsner, O Boticário’s Founder and President, has announced a donation of 1.7 tons of gel alcohol to the Curitiba municipal health department.
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Hindustan Unilever, Reckitt Benckiser et al to slash sanitizer prices following government mandate
FMCG companies including Hindustan Unilever, Dabur, ITC and Reckitt Benckiser are to slash prices of hand sanitizer and face masks following a government mandate to cap rates of the sought-after items.
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Skyn condoms launches new marketing campaign capitalizing on the coronavirus lockdown
Skyn condoms has launched a new marketing campaign that is set to capitalize on the current global lockdown mandated as a result of the coronavirus pandemic.
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QVC remains on-air in North America despite country-wide shut down
TV shopping channel QVC has remained on air during the coronavirus outbreak, transmitting from its Philadelphia-based studios as the commonwealth announced “electronic shopping and mail-order houses” were permitted to continue broadcasting.
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L’Oréal postpones AGM and predicts a 5 percent fall in sales for Q1
L’Oréal has announced that it will postpone its Annual General Meeting, initially scheduled for the April 21, to June 30, 2020. The French beauty giant attributed the change to ‘exceptional circumstances linked to the COVID-19 epidemic’ and suspended its 2020 guidance.
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Our sector needs support if it is to survive: Ulta Beauty CEO petitions Washington as stores are shuttered
Ulta Beauty has announced that all its stores will remain temporarily closed until it is safe to reopen and that it would pay store and salon associates through mid-April and provide benefits to those currently enrolled.
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Now Natura to move to hand sanitizer production
Natura &Co is planning to convert all of its make-up and fragrance production lines across Latin America to produce sought-after personal hygiene products, according to a report published by Reuters.
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Hindustan Unilever snaps up Glenmark’s VWash brand
Glenmark Pharmaceuticals has announced that it has entered into an agreement to sell its VWash brand to Hindustan Unilever. Under the terms of the deal, HUL will pay an upfront sum as well as deferred consideration based on sales for three years, although the exact sum was not disclosed.
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CVS Health announces bonus for employees and plans to hire 50,000 staff
CVS Health has announced that it is awarding bonuses to employees required to be at facilities to assist patients and customers in recognition of their essential role amid the COVID-19 pandemic.
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