Amyris Files for Chapter 11 Bankruptcy
Amyris, Inc., a biotechnology firm, files for Chapter 11 bankruptcy and is undergoing operational and financial restructuring as a part of its strategic transformation.
Olaplex’s Forecast Tangles with Competition
Olaplex Holdings Inc. has revised its annual sales forecast downward due to reduced demand and growing competition.
One Million Moms Boycotts Aveeno
One Million Moms has expressed concern over an Aveeno Kids’ shampoo advertisement featuring a young boy dressed as a “ballerina astronaut.”
Push for Texture-Inclusive Cosmetology Training
The Professional Beauty Association (PBA) and the Texture Education Collective (TEC) collaborate to promote texture-inclusive legislation in New Jersey.
Redken Debuts in Indian Market
Redken, a leading professional hair brand from the US, has entered the Indian market.
Shopify Q2 2023: Strong Financials
Shopify Inc. released its Q2 2023 financial results.
Avon Rings Up a Near 90% Early Tender Triumph!
Avon Products, Inc. announced the preliminary results of its offer to repurchase all outstanding 6.950% Notes due in 2043 and related consent solicitation.
Yves Rocher Plays Digital Hide-and-Seek in DACH Region
French cosmetics brand Yves Rocher is closing its physical stores in Germany, Austria, and Switzerland due to unsustainable operations, though they will maintain their online sales in these regions.
Nykaa’s Elite Exit Amidst Indian Beauty Battle
Six top executives from Nykaa, a major cosmetics and fashion retailer in India, have resigned
TikTok’s E-Commerce Surge in Southeast Asia: Opportunities and Challenges
Within a year, TikTok experienced a sevenfold increase in sales in Southeast Asia, drawing in a young audience with its blend of shopping and entertainment functionalities.
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