Shiseido unveils study into inflammatory-related aging
Shiseido has discovered that age-related inflammatory factors can accelerate aging through the damage they wreak on epidermal stem cells.
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Fidelity invests in Nykaa
Nykaa has welcomed Fidelity Management & Research on board as one of its investors, according to a report published by Livemint.
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Risk associated with Indonesian palm oil pegged at US$10 billion for firms
Companies that produce, source or use Indonesian palm oil could be exposed to US$10 billion due to reputational and market risks, according to a report published by Bloomberg.
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India regulator approves Reliance Industries acquisition of Future Retail; blocks Amazon’s calls to stop the deal
Reliance Industries planned $3.5 billion acquisition of Future Retail has been given the go-ahead from the Competition Commission of India, ignoring calls from Amazon to block the deal, according to Bloomberg.com.
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Sephora Singapore to offer buy now, pay later payment terms through Atome partnership
Sephora Singapore is set to offer consumers a buy now, pay later payment scheme following its recent partnership with BNPL service Atome.
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AmorePacific piles KRW3 billion into content creation firm
AmorePacific has piled KRW30 billion into beauty content creator network DMIL, according to a report published by Aju Daily.
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Yatsen Global raises US$617 million in US IPO
Yatsen Holding raised some US$617 million in a US IPO, selling 58.75 million American depositary shares for US$10.50 each, according to a report published by Bloomberg.
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Ethical beauty brand Lush undercuts Australian workers by $4.4 million over eight years
Ethical beauty brand Lush Australia has been found to have underpaid Australian workers by $4.4 million between 2010 and 2018, according to a report by the Guardian.
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Now Walmart steps back from Japan; sells majority stake in Seiyu to KKR
Walmart and Rakuten have announced the signing of definitive agreements under which KKR will purchase a majority stake, and a new Rakuten subsidiary will purchase a minority stake in Seiyu. The deal values the business at ¥172.5 billion.
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China to regulate livestreaming
The Chinese government is preparing to usher in a framework purporting to regulate the country’s booming livestreaming industry, according to a report published by Reuters.
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