New process could turn waste plastic into sustainable fuel
Plastic waste could become the oil of the future, according to a report published by the BBC, thanks to a new process discovered by scientists at Cambridge University that converts plastic into syngas and glycolic acid.
The beginning of the end for palm oil? Palmless unveils first consumer product
The platform for sustainable palm oil alternatives, Palmless has launched its first consumer product. Save the F#$%ing Rainforest nourishing oil, as the dual-purpose skin and hair care product has been dubbed, contains Palmless signature ingredient, Torula oil.
Love Wellness names new CEO
Maria Dempsey has been named CEO of Love Wellness, according to a report published by WWD. Dempsey will replace Founder Lo Bosworth, freeing her to focus on the future of the business.
Kao to launch health testing business using skin surface lipids-RNA monitoring tech
Kao has announced that it is set to commercialize the Skin Surface Lipids-RNA Monitoring Technology it has developed, partnering with Healthcare Systems to launch a new mail-in testing service.
US EPA acts to curb PFAS in drinking water
The US Environmental Protection Agency is hoping to bring in limits to the levels of forever chemicals in drinking water, according to a report published by Reuters.
Entrepreneurs launch Beauty House Ventures, a venture incubator tailored to beauty and lifestyle brands
Entrepreneurs Shaun Neff and PJ Brice have launched Beach House Ventures (BHV), an incubator that’s tailored to beauty and lifestyle brands.
Glossier shakes up c-suite leadership team with new appointments and promotions
Glossier has announced a shake-up of its leadership, expanding its all-women executive team and making several appointments at c-suite level.
Charlotte Tilbury launches experiential bus campaign for PillowTalk range
Charlotte Tilbury has championed the importance of experiential experiences, kicking off a bus campaign for its PillowTalk range, which will make stops across Europe.
Yatsen announces a Q4 net revenue fall of 34.2 percent; experienced a ‘difficult year’
Yatsen has announced net revenues for the fourth quarter of 2022 decreasing by 34.2 percent to RMB1.01 billion (US$145.8 million) from RMB1.53 billion YOY.
Galderma posts strong FY2022 growth ahead of possible IPO
Galderma has reported US$3.8 billion in net sales in FY22, up 13.9 percent on 2021 on a constant currency basis, delivering above its 2022 profitability guidance.
Natura &CO cites ‘resilient performance’ in Q4, sees net revenues down 11 percent
Natura &Co has reported a Q4 net loss of 890.4 million reais (US$169.7 million), with lower revenues reported across all business sectors.
Living Proof partners with ByondXR on first foray into Metaverse
Haircare company Living Proof has entered the Metaverse via a partnership with experiential e-commerce creator ByondXR, launching its first virtual reality storefront.
Patrick Ta Beauty announces former Estee Lauder Companies exec Kimberly Villatoro as new CEO
Patrick Ta Beauty has announced former Estee Lauder Companies executive Kimberly Villatoro as its new CEO.
Troubled German department store Galeria Karstadt Kaufhof to shutter 40 percent of outlets
Yet another German department store is in trouble, with Galeria Karstadt Kaufhof having announced it is to close 40 percent of its outlets, an announcement that comes just months after it filed for insolvency protection for the second time, according to a report by AP News.
Dior launches pop-up inspired by 30 Avenue Montaigne renovation
The House of Dior has launched a pop-up at Sydney harbourside to celebrate the residence 30 Avenue Montaigne, Paris.
Sephora, Digitas and TikTok partner on incubator program
Sephora and TikTok as well as partner agency Digitas have announced the launch of a partnership to help beauty start-ups navigate the world of creator content. The Sephora x TikTok Incubator Program will connect influencers to beauty brands from the LVMH retailer’s Accelerate program.
Russia adds Lancôme to parallel import scheme
The Russian government has added a series of brands to its parallel imports list, according to a report published by Reuters.
Lotte Duty Free to use AI to drive hyper personalised marketing
Lotte Duty Free is set to launch a ‘hyper personalized’ marketing drive powered by AI and big data, according to a report published by DFI Online.
L’Oréal Israel names TikTok star to sustainability influencer team
L’Oréal Israel has named Maya Dagan to its team of sustainability influencers, according to a report published by the Jerusalem Post.
Diptyque Americas names former Shiseido executive Chief Marketing Officer
Diptyque Americas has named Jessie Dawes as Chief Marketing Officer, according to a report published by Retail Dive. Dawes joins the luxury candle brand from Shiseido Americas where she held the role of Vice President of Integrated Marketing and Consumer Engagement for Shiseido and Cle de Peau Beaute brands.
Gallinee launches PCR test to measure skin health
Gallinee has unveiled a PCR skin microbiome test. The Skin Health Test Kit is said to measure the microbes that live on skin and assess the skin’s ecosystem in order to generate an in-depth report and tailor skin care recommendations to each customer.
Henkel FY2022: Sales swell 8.8 percent but 2023 outlook muted
Henkel has announced its results for fiscal 2022. The German manufacturer of Schwarzkopf saw organic sales grow 8.8 percent to hit €22.4 billion versus the prior year, while operating profit increased 13.7 percent to €2.3 billion.
BASF to open new plants in China and Germany
BASF has announced its plans to open a new citral plant in China and menthol and linalool downstream plants in Germany. The new facilities are slated to come on stream from 2026 onwards.
Talc supplier ordered to pay US$29.14 million to cancer victim
A South Carolina jury has ordered talc supplier Whittaker, Clark & Daniles to pay US$29.14 million in damages to a woman who developed cancer mesothelioma after using cosmetic products containing talc.
L’Oréal USA announces grant to advance dermatology research for skin of color
L’Oréal USA has announced a US$100,000 research grant to the Skin of Color Society (SOCS). The grant is intended to assist five early-career dermatologists and scientists in furthering their academic careers and promoting the development of innovative ideas in clinical and translational research.
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