L’Oréal hit with permanent injunction against the sale of nine hair care products in ongoing Olaplex legal proceedings
L’Oréal has received a permanent injunction instructing it to end the sale of nine hair care products as well as treatments for the likes of Matrix, Redken and L’Oréal Professional. Applicable to the U.S., the injunction follows the recent ruling in the two-year court...
CLICK HERE
Mediheal brings cult ‘Love Me’ sheet mask to the U.S. after product sells out in three hours following Korean launch
Korean sheet mask brand Mediheal has announced the launch of its cult Love Me product into the U.S. market following the successful entry into the Korean market back in May, which saw the item sell out in just three hours. The mask is being sold in the States via...
CLICK HERE
Cosmax expands presence in Russia with sale of private brand products in L’etoile stores
Cosmax is set to sell its private brand products in Russia via L’etoile stores, according to a report by The Investor. The South Korean cosmetics equipment manufacturer is thought to be looking to expand its presence in Russia and will put 42 products to market within...
CLICK HERE
Ulta addresses racial profiling controversy
Ulta has addressed the ongoing racial profiling controversy abounding the internet, having released a statement to Today stating it stands for ‘equality, inclusivity and acceptance and strive to create a space that is welcoming to all.’ The U.S. retailer has come...
CLICK HERE
Unilever U.S. appoints Terry Thomas as new EVP of Customer Development
Unilever U.S. has appointed Terry Thomas the new EVP of Customer Development, according to a report by Progressive Grocer. Set to succeed Gina Boswell, who is retiring from the company after eight years, Thomas takes on the new role from his previous position as head...
CLICK HERE
Estée Lauder reports stellar Q4 despite trade tensions and Hong Kong riots
Estée Lauder has beaten industry estimates with its Q4 results with net sales increasing 9 percent to $14.86 billion. The company has reported net sales growth in nearly all product categories. The news sees off concerns regarding the current China/U.S. trade tensions...
CLICK HERE
Alibaba acquires NetEase’s Kaola e-commerce platform
Alibaba is rumoured to have acquired NetEase’s Chinese cross border e-commerce platform Kaola in a $2 billion deal, according to a report by local news site Caixin. While both companies declined to comment, it is reported that Alibaba is looking to better cater to...
CLICK HERE
Maybelline New York launches new liquid lipstick collection with artist Ashley Longshore
L’Oréal-owned Maybelline New York has launched a new range of liquid lipsticks in collaboration with mixed media artist Ashley Longshore, encased in quirky packaging evocative of K-beauty brands. The new Maybelline New York x Ashley Longshore collection comes in six...
CLICK HERE
Procter & Gamble contributes $178 million to pension fund
Procter & Gamble has contributed $178 million to its global defined benefit plans in the fiscal year ending June 30, according to a report by Pensions & Investments. Divulged in a 10-K filing with the Securities and Exchange Commission, it did not state how...
CLICK HERE
New probiotic bodysuit said to help eliminate body odor
A new bodysuit has been created that is said to help eliminate body odor by incorporating live probiotic bacteria into the material, according to a report by Reuters. The innovative suit named Skin II was created by designer Rosie Broadhead, a graduate from London’s...
CLICK HERE
Revlon looks to Goldman Sachs for help exploring strategic options
Revlon is said to be looking to Goldman Sachs as it hopes to explore strategic options for the company, according to a report by Bloomberg. Citing ‘a person with knowledge of the matter’, it was reported that Revlon is exploring all options including a sale of parts...
CLICK HERE
Diptyque Paris looks to attract younger audience with launch of scented temporary tattoos
Diptyque Paris has announced the launch of a range of scented temporary tattoos as part of its new Prêts-à-Parfumer collection. More commonly known for its range of scented candles and fragrance products, the luxury French brand is said to be looking to attract a...
CLICK HERE
Henkel Singapore enters into deal with Synagie to distribute products in South East Asia
Henkel Singapore has signed a memorandum of understanding (MOU) with end-to-end commerce enablement solutions provider Synagie to distribute and sell its products across South East Asia, according to a report by Straits Times. Both parties will enter into a...
CLICK HERE
Blackrock acquires stake in Juicy Couture owner Authentic Brands
Asset management company Blackrock has acquired a $870 million stake in Juicy Couture owner Authentic Brands through its new private equity fund Long Term Private Capital, according to a report by the Financial Times. The private equity fund has acquired a $875...
CLICK HERE
Colgate-Palmolive warns Venezuelan consumers against purchasing counterfeit products
Colgate-Palmolive has issued a statement warning Venezuelan consumers against purchasing counterfeit toothpaste products sold on the black market. The company wrote to the health authorities regarding the potential risk of the ‘commercialization and use of these...
CLICK HERE
Natura beats market expectations as Q2 profit doubles
Brazilian direct sales giant Natura has announced a bolstered Q2 net profit, which more than doubled year on year, with the strong growth beating market expectations. The company reported revenue growth for all three brands, with quarterly net income growing by 109.4...
CLICK HERE
Selena Gomez files trademark for new beauty range
Selena Gomez is set to launch a new beauty range having filed paperwork at the U.S. Patent and Trademark Office to create a line of ‘Selena Gomez’ products. The pop star will join the likes of musicians Lada Gaga and Rihanna in the cosmetics space, with a range of...
CLICK HERE
MatsumotoKiyoshi Holdings in talks with rival Cocokara Fine to form Japan’s largest chain of discount pharmacies
MatsumotoKiyoshi Holdings has announced it is in merger talks with competitor Cocokara Fine in a move that would form Japan’s largest chain of discount pharmacies, according to a report by Reuters. Shares in Cocokara Fine jumped 9 percent following the news of the...
CLICK HERE
Kohl’s partners with Facebook to give niche online brands space in retail store
U.S. retailer Kohl's has teamed up with Facebook in a bid to find trendy online brands and give them space in its retail store, according to a report by The Drum. The new initiative will see Kohl's pay Facebook an undisclosed sum in order to sift through brands on its...
CLICK HERE
NHS under fire for tripling spend on Jennifer Anniston-promoted hair and skincare brand Aveeno
The National Health Service (NHS) has come under fire after it emerged it had tripled its spend on Aveeno shampoos and bodywash. Last year the NHS spent £2million on prescriptions of the product, which is promoted by movie star Jennifer Anniston, up from £595,000 four...
CLICK HERE
Herbivore secures $15 million in Series A funding as it looks to outside investment for the first time
Skincare brand Herbivore has secured $15 million in Series A funding led by Silas Capital, a venture and growth equity firm, with participation by Stage 1 fund, a newly formed consumer-focussed venture capital firm. The move signals the first time the company has...
CLICK HERE
Japanese brewer Kirin looks to expand past beer industry with purchase of stake in cosmetics firm Fancl
Japanese brewer Kirin has acquired a 30.3 percent stake in cosmetics company Fancl for $1.2 billion, a move which is said to help the company expand past the beer market as it shrinks worldwide. Fancl, which sells preservative-free cosmetics and supplements, is set to...
CLICK HERE
Cruelty Free International applauds Illinois on becoming third state to ban sale of animal-tested cosmetics
Animal welfare charity Cruelty Free International has welcomed the news that Illinois has become the third U.S. state to ban the sale of cosmetics tested on animals. The new law was signed this week by Governor J.B. Pritzker and bans the ‘import or sale of any...
CLICK HERE
AMA Laboratories owner charged with manipulating sunscreen test results
Gabriel Letizia Jr., the owner and Executive Director of New York-based testing company AMA Laboratories has been charged with falsifying test results on sunscreen and other products over a period of 30 years, according to a report by Daily Voice Plus. Letizia was...
CLICK HERE
PZ Cussons Africa rebrands soap brand to Premier Cool
The African arm of PZ Cussons has announced the rebrand of its soap brand to Premier Cool, according to Punch Nigeria. As part of the rebrand there is a range of alternatives such as Odour Defence, Ultimate and Sport, with a ceremony having been held in Lagos to mark...
CLICK HERE
Henkel Q2: first sales drop in a decade as beauty disappoints
Henkel has announced its results for the second quarter of the financial year. The German manufacturer of Schwarzkopf saw sales fall for the first time in a decade (-0.4 percent to €5,12 million), which it attributed to a disappointing performance by its beauty care...
CLICK HERE
Grupo Boticario buys Beleza na Web
Grupo Boticario has snapped up Brazilian e-commerce platform Beleza na Web for an undisclosed sum, according to a report published by Reuters. The move was likely prompted by rival Natura’s acquisition of Avon, intensifying competition. Grupo Boticario said the...
CLICK HERENars lipstick ad provokes controversy
If Nars set out to be provocative with its latest Instagram video, then mission accomplished. The Shiseido-owned make-up brand has long used a little sexual frisson to market its products, with lipstick names such as G Spot and Orgasm but the latest wheeze moves its...
CLICK HERE
Kolmar Korea Chairman resigns as Japan row escalates
Kolmar Korea’s Chairman Yoon Dong-han has stepped down from his role after he showed employees a video praising Japan’s prime minister and criticizing the South Korean government, according to various reports. The Kolmar executive issued a formal apology on Friday but...
CLICK HERE
Olaplex triumphs in L’Oréal suit
Olaplex has prevailed in a lawsuit bought against L’Oréal some three years ago, according to a report published by WWD. A US jury ruled in Olaplex’s favor in this David-versus-Goliath battle, in which Olaplex accused the French beauty giant of staging a buyout...
CLICK HERE
Lauder-Charlotte Tilbury deal back on for US$1 billion?
Charlotte Tilbury is said to be mulling a US$1 billion bid from The Estee Lauder Companies, according to a report published by the Financial Mail on Sunday. The prestige make-up brand is said to have appointed Goldman Sachs as its advisor during talks. Both companies...
CLICK HERE
Glossier to target global crowd with London pop up
Glossier is set to open a pop-up store in London this fall, according to a report published by The Independent quoting the Financial Times as its source. The US-based, digitally native brand launched in the UK last year, allowing shoppers to purchase direct from its...
CLICK HERE
Wired Beauty appeals to International Chamber of Commerce to settle Lauder dispute once and for all
Wired Beauty has appealed to the International Chamber of Commerce to settle a long-running dispute between it and The Estee Lauder Companies, according to a report published by Sifted. The French start-up has been battling the US prestige giant since 2015 over the...
CLICK HERE
South Korea to align cosmetics regulation with EU standard
South Korea is revisiting its cosmetics safety regulation, according to a report published by Chemical Watch. The country’s Ministry of Food and Drug Safety intends to align many of its rules on cosmetics ingredients with the European Union’s legislation. Allowable...
CLICK HERE
Elf Beauty: sales ‘exceed expectations’; up 3 percent in transition period
Elf Beauty has announced its results for the transition period ended March 31, 2019. The company changed its fiscal year to run from April 1 to March 31, instead of January 1 to December 31 to better coincide with its annual shelf resets. “Our Transition Period...
CLICK HERE
L’Oréal named one of Fast Company’s Best Workplaces for Innovators
L’Oréal has been named to Fast Company’s inaugural Best Workplaces for Innovators list. The unranked list highlights 50 workplaces that attract and retain the best talent by creating environments where employees are empowered to put forth bold ideas. More than 360...
CLICK HERE
Shiseido 1H: Net profit up 10 percent; sales grow 6 percent
Shiseido has reported its results for the first half of the financial year (ended June 30, 2019). The Japanese cosmetics manufacturer saw sales grow 6 percent over the first six months to ¥546.6 billion, compared to the same period in 2018, while net profit was also...
CLICK HERE
Debenhams to name new CEO?
Debenhams is set to name Stefaan Vansteenkiste CEO, according to a report published by Reuters quoting Sky News as its source. The UK-based department store has been seeking a replacement for Sergio Bucher, who resigned back in April after the retailer was placed in...
CLICK HERE
Procter & Gamble’s US$50 million extension of Reading facility nears completion
Procter & Gamble is set to cut the ribbon on a US$50 million upgrade and extension of its UK R&D center in 2020, according to a report published by the Cincinnati Business Courier, as improvements to the US FMCG giant’s Reading facility are on track for...
CLICK HERE
Ariana Grande to debut Thank U Next fragrance at Ulta
Ariana Grande is gearing up for the launch of a new fragrance, according to a report published by Allure magazine. The singer took to Instagram to announce the launch, revealing that the new scent would hit shelves at Ulta Beauty on August 18th and her post suggests,...
CLICK HERE
Revlon reports Q2 net sales drop
Revlon has announced a net sales fall of 3.3 percent in Q2, a drop attributed to a fall in sales for its portfolio sector and fragrances. The decline was said to be partially offset by a strong quarter for its Elizabeth Arden brand. Reported net loss improved to $63.7...
CLICK HERE
Kylie Skin hit with Notice of Suspension over trademark claim
Kylie Skin has this week been hit with a Notice of Suspension from the U.S. Patent & Trademark Office regarding a claim on the trademark of the skincare range’s name. The skincare brand, owned by self-made billionaire Kylie Jenner, is said to cause confusion with...
CLICK HERE
Hong Kong-based pharma company Sanai signs CBD supply deal with CannAcubed
Asian cannabis company CannAcubed has announced a new supply deal with Hong Kong-based pharma company Sanai, with an undisclosed volume of pure pharmaceutical grade 99.9 percent CBD isolate delivered to the Sanai head office last week. The two parties now plan to work...
CLICK HERE
MAC and John Lewis drop back-to-school make-up class following parent backlash
MAC cosmetics and UK retailer John Lewis have dropped a planned back-to-school make-up class following backlash from parents and campaigners, according to a report by The Times. Aimed at children as young as 12, the 'Mac back to school mini masterclass' was due to be...
CLICK HERE
IFF investigates Frutarom over ‘improper payments’
International Flavors & Fragrances (IFF) has announced it is leading an investigation over Israeli ingredient and flavor subsidiary Frutarom after allegations were made that the company has made two improper payments. Following the integration of Frutarom into IFF...
CLICK HERE
Barneys New York saved at final hour by multiple new financing offers as it files for bankruptcy
Barney’s New York was saved at the final hour by not one but two financing proposals, with the retailer securing a second offer of $218 million from lending arms B. Riley Financial Inc. and Brigade Capital Management just hours after the $75 million offered by...
CLICK HERE
Shopify raises full year revenue forecast after reporting better-than-expected Q2 results
Shopify has announced a better-than-expected quarterly profit, and has raised its full year revenue forecast as a result. The Canadian e-commerce company has started to see its recent investments pay off, with its Toronto and U.S.-listed shares rising over 10 percent...
CLICK HERE
Amazon Seller Services appeals against Delhi high court interim order
Amazon Seller Services has appealed against a Delhi high court interim order that has restrained platforms such as Amazon, Flipkart and Snapdeal from selling products from direct sales companies without their consent, according to a report by Live Mint. The court will...
CLICK HERE
Senior Merchant Tom Ott leaves Saks Off 5th following company restructure
Tom Ott will be leaving his role as Senior Merchant at Saks of 5th , following a restructure , according to a report by WWD.com. Having been with the company for 24 years, Ott is one of the most respected male merchants in the industry. He will be leaving his position...
CLICK HERE
Avon looks to harness global capabilities in new Mexico-based R&D facility
Avon has announced the opening of a new R&D facility based in Mexico, according to a report by Direct Selling News. The research and development lab will operate as part of the company’s global R&D network and is said to help it explore further innovation...
CLICK HERELATEST NEWS
