Unilever has announced that it has signed a memorandum of understanding with AXA and Tikehau Capital outlining their shared ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition.
Carlyle Group is rumored to be poised to takeover Chinese packaging firm HCP this summer, according to a report published by Bloomberg quoting ‘sources familiar with the matter’.
Google has launched a palette of 10 skin tones that it says will help facial recognition software providers to better represent people with darker skin tones, according to a report published by Reuters.
L’Oréal has announced a series of leadership appointments for its Americas division. The French beauty giant named Susannah Greenberg, Chief Information Officer for the Americas; Nathalie Gerschtein as President of Consumer Products Division for North America Zone; and Leslie Marino as President of Professional Products Division for the US.
Target updates on commitment to spend US$2 billion with Black-owned businesses; announces new Media Fund initiative
Target has shared an update on the progress it has made toward its Racial Equity Action and Change (REACH) commitment to invest more than US$2 billion with Black-owned businesses by the end of 2025.
Women’s fashion and lifestyle brand Who What Wear has been acquired by digital brand company Future Publishing.
Sally Beauty has reported a Q2 net sales decrease of 1.6 percent YOY to US $911 million.
Coty has reported a 15 percent sales rise for the third quarter in FY22, to US$1.8 billion on a reported basis.
The Estée Lauder Companies expands global renewable energy portfolio with first-ever Canadian solar array
The Estée Lauder Companies (ELC) has expanded its global renewable energy portfolio by recently completing an on-site solar array installation at its new fill and assembly manufacturing facility, Hillmount, in Markham, Ontario.
Walgreens has announced personnel changes to its Retail Products and Customer leadership team, with Linh Peters named as Senior Vice President and Chief Marketing Officer; Luke Rauch, Senior Vice President and Chief Merchandising Officer; and Bala Visalatha, Senior Vice President and Chief Product Officer.
Colgate-Palmolive is dispatching its fleet of Bright Smiles, Bright Futures mobile dental vans to select Walmart stores to spread the news of its new recyclable toothpaste tubes.
Target has announced a series of updates to its leadership, creating a new role for the company. Chief Guest Experience Officer as well as a series of changes to key positions such as EVP Chief Information Officer and General Counsel.
Procter & Gamble is set to face yet another class action lawsuit over the discovery of benzene in a series of aerosol-based products, according to a report published by Classaction.org.
CVS Health has announced its operating results for the three months ended March 31, 2022. The US drugstore giant saw revenues rise 11.2 percent to US$76.83 million.
Gucci is gearing up to accept payments in cryptocurrencies in US stores, according to a report published by Bloomberg. The Kering-owned brand’s New York, Los Angeles, Miami, Atlanta and Las Vegas stores will adopt digital tokens from the end of the month.
The Estee Lauder Companies has announced that the Co-founders of Too Faced Cosmetics, Jerrod Blandino and Jeremy Johnson, have departed the brand. The make-up marque will therefore be headed up by Tara Simon, who has been promoted to the role of Global President, Too Faced, effective July 1, 2022.
Unilever-owned TRESemme has teamed up with textured hair expert and educator Diane Da Costa of SimpleeBEAUTIFUL CurlyTextured Academy to launch a Texture Certification Program to train and certify licensed hair professionals in treating, cutting, and styling textured hair.
Revlon has announced Q1 reported net sales of US$479.6 million, compared to US$445.0 million during the prior-year period, an increase of US$34.6 million, or 7.8 percent.
Ulta has issued an apology regarding an ‘insensitive’ marketing email it sent regarding the Kate Spade brand.
Unilever has announced the promotion of Samir Singh to the role of Chief Marketing Officer, Personal Care.
Royal DSM is sponsoring The Skin Care Foundation’s Destination Healthy Skin mobile screening and education program, which is touring the U.S. until 11th September.
The Estee Lauder Companies has announced its results for the third quarter of fiscal 2022. The US prestige beauty giant professed its net sales growth of 10 percent yoy to US$4.25 billion a ‘strong’ performance amid market headwinds.
Madison Reed has announced that it has raised US$33 million in a funding round led by Sandbridge Capital, with participation from Marcy Venture Partners.
Victoria’s Secret & Co has announced the launch of its Victoria’s Secret Beauty and PINK Beauty products in Amazon’s store.
Revlon has lost yet another General Counsel, according to a report published by Bloomberg Law, as Penny Tehrani-Littrell tendered her resignation after just three months heading up the US beauty giant’s legal team.
Coty has announced that it is calling time on its Russian operations, almost three months after the country invaded Ukraine, according to a report published by Reuters.
L’Oréal Canada is encouraging Canadians to recycle their cosmetics and skin care products in Walmart Canada stores in partnership with TerraCycle.
Unilever has announced its results for the first quarter of fiscal 2022. The manufacturer of Dove reported underlying sales growth of 7.3 percent, with 8.3 percent from price and volume down 1 percent. All divisions grew strongly, the UK-based FMCG manufacturer said. Turnover increased 11.8 percent to €13.8 billion.
Actress Lily Collins has been announced as the new face of Living Proof haircare.
The Estée Lauder Companies has elected Arturo Nuñez to its Board of Directors, who will also join the company’s Audit Committee.
Victoria’s Secret is targeting the tween market with the launch of its new fully digital brand, Happy Nation.
Olay North America and Pantene North America have teamed up with Walmart to launch a series of boosters for skin and hair to meet shoppers’ evolving personal care needs.
Facebook-owner, Meta Platforms is gearing up to open the doors on its first bricks and mortar location, according to a report published by Reuters.
Helen of Troy has announced the acquisition of Curlsmith-owner, Recipe Products for a total consideration of US$150 million in cash, net of cash acquired.
Johnson & Johnson has reported its results for the first quarter of fiscal 2022. The US manufacturer of baby care products saw sales swell 5 percent to US$23.4 billion, with operational growth of 7.7 percent. Earnings per share dropped 16.8 percent to US$1.93.
Unilever-owned Vaseline has teamed up with HUED and VisualDx to launch See My Skin, a database of skin conditions shown on skin of color with a view to improving g healthcare outcomes for people of color.
Farfetch has announced its launch into the beauty category across its companies, Browns, farfetch.com and Off-White.
Procter & Gamble has reported its results for the third quarter of fiscal 2022. The US FMCG giant saw net sales rise seven percent versus the prior-year period to hit US$19.4 billion.
Phoenix Flavors & Fragrances has announced the acquisition of Innovative Fragrances Inc.
Inter Parfums has announced that its Dunhill fragrance license will expire at the end of September this year, and will not be renewed.
Estee Lauder is celebrating women during women with its new campaign named Reach for the Stars, which features three prominent Arab women, according to Arab News.
Bed, Bath & Beyond has reported its results for the final quarter of 2021. The US retailer saw comparable sales drop 12 percent, impacted by ongoing supply chain and inventory availability challenges.
Sally Beauty has launched its third Cultivate Accelerator Program, which is designed to find, launch and support small businesses creating innovative products within the hair care, hair color, styling tool and nail categories.
Procter & Gamble has named Jon R Moeller as Chairman of the Board. Moeller assumes the position in addition to his role as President and CEO of the company. The Board of Directors has also reappointed Joseph Jimenez as Lead Director.
A number of sellers on Etsy, the crafts-based marketplace, are closing their digital doors this week in protest over some changes due to be ushered in by the e-commerce site in order to compete against the likes of Amazon, according to a report published by The Wall Street Journal.
US Model and Singer Paris Jackson has entered the beauty world having been named as the face of KVD Beauty.
lass action claims that Coty-owned CoverGirl’s TruBlend Pressed Powder contains per- and polyfluoroalkyl substances (PFAS) – sometimes known as Forever Chemicals’ – and is therefore unsafe for use.
The Body Shop has announced an ambitious five-year plan to roll out refill stations in the majority of stores globally in an attempt to reduce plastic use and become the most sustainable business possible.
Oway has announced its official US launch. Claimed to be the first professional cosmetics brand to reach 99 percent plastic free packaging and formulated with biodynamic materials, the sustainable hair care line is hoping to be a hit with American salons.
Rodan + Fields has offered to pay US$38 million in order to settle a series of class action lawsuits surrounding its Lash Boost product.