The Body Shop launches campaign to encourage US youth to vote
The Body Shop has launched an extension of its global Be Seen, Be Heard campaign designed to encourage young people in the US to register to vote in this year’s mid-term elections.
Talc toppled: Johnson & Johnson to transition global baby powder portfolio to cornstarch
Johnson & Johnson Consumer Health has announced that it has made the commercial decision to transition to an all-cornstarch baby powder portfolio.
Revlon CFO retires; new finance leadership announced
Revlon has announced that Victoria Dolan is set to retire as its Chief Financial Officer, effective September 30, 2022. Matt Kvarda will join the beauty brand as interim CFO, reporting directly to CEO, Debra Perelman.
Stila names Michelle Kluz as CEO
Stila Cosmetics has announced that it has appointed an independent manager. Kevin J Carey, Senior Counsel in Hogan Lovells’ Corporate and Finance division will serve as manager of Stila Styles and Michelle Kluz has been named as Chief Executive Officer of the make-up brand.
Sephora announces return of digital beauty event, Sephoria
Sephora has announced the return of its Sephoria: Virtual House of Beauty, digital event in September, which will expand globally for the first time, with beauty enthusiasts from Canada, France, Spain and Italy invited to participate.
Depp back with Dior? Actor said to have signed as face of Sauvage after court case
Johnny Depp is said to have signed a deal to become the face of Dior’s Sauvage fragrance once more following the close of his court battle with ex Amber Heard, according to a report published by TMZ.
Revlon shareholders appeal to bankruptcy judge for representation
A group of minority shareholders in Revlon has petitioned the US cosmetics firm’s bankruptcy judge seeking representation in the Chapter 11 proceedings, according to a report published by Reuters.
Miley Cyrus appears as avatar for Gucci Beauty on Roblox
The new face of Gucci Flora Gorgeous Jasmine, Miley Cyrus is set to become the first persona to appear as an avatar in Gucci Town on Roblox.
Ouai launches inclusive global brand campaign
Ouai has unveiled a new global brand campaign that aims to ‘encourage and remind’ customers to be their authentic selves, according to a report published by Yahoo!News.
Estée Lauder Companies commits to 100 percent global electric vehicle goal by 2030
The Estée Lauder Companies (ELC) announced its commitment to transition 100 percent of its global corporate fleet of vehicles to electric by 2030.
The Body Shop expands Uber delivery partnership to include almost all retail stores in the U.S.
The Body Shop has expanded its on-demand delivery partnership with Uber, which will now include almost all of the beauty company’s retail stores across the U.S.
Olaplex reports 38.6 per cent net sales growth in Q2
Hair care brand Olaplex has reported Q2 net sales growth of 38.6 percent to US$210.9 million.
E.l.f Beauty Q1 2023: sales outlook upped as sales soar 26 percent
E.l.f Beauty has announced its results for the three months ended June 30, 2022. The budget beauty brand saw net sales rise 26 percent on the prior year period to US$122.6 million while gross margin increased roughly 390 basis points to 68 percent.
TikTok user claims metal object found in Tampax
A TikTok user has posted a video claiming that she found a foreign object in a box of Tampax, according to a report published by Insider.
MAC Cosmetics to face class action over alleged keyboard monitoring
The Estee Lauder Companies-owned Mac Cosmetics is set to face a class action lawsuit which alleges that the make-up giant has illegally and secretly monitored and recorded its customers’ movements on its website, according to a report published by Top Class Actions.
BASF enters into VPPAs for clean energy supply for 20+ US sites
BASF has announced that it has entered into virtual power purchase agreements (VPPAs) for wind and solar power totalling 250 megawatts. The agreements are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 US sites.
Kylie Minogue relaunches Darling in the US
Kylie Minogue and Scent Beauty have announced the relaunch of the singer’s Darling EDP fragrance on the US market. The Eau de Parfum is a modern, longer-lasting version of the Aussie star’s signature scent with a vegan formula.
Procter & Gamble offers products and Tide Load of Hope laundry services to residents affected by flooding in eastern Kentucky
In partnership with Matthew 25: Ministries, Procter & Gamble has distributed free personal care kits with everyday essentials as well as cleaning products to meet basic hygiene and home care needs of those directly affected by the devastating floods in eastern Kentucky.
Ulta Beauty launches digital innovation fund named Prisma Ventures
Ulta Beauty has announced the launch of Prisma Ventures, a digital innovation fund set to invest US$20 million in emerging technology startups.
Banana Boat recalls sunscreen sprays due to Benzene contamination
Banana Boat sunscreen has recalled its sunscreen sprays due to contamination of the chemical Benzene.
Colgate-Palmolive appoints Stephan Habif as Chief Technology Officer
Colgate-Palmolive has named Stephan Habif as Chief Financial Officer, effective 1st September, 2022.
Olay announces Actress Quinta Brunson as the new face of Retinol 24 + Peptide Night collection
Procter & Gamble-owned Olay has announced Actress Quinta Brunson as its newest face.
Coty forms strategic partnership to support digital platforms such as Alipay in travel retail
Coty has signed the Global Travel Retail Joint Business Partnership with Ant Group to ‘enhance the cooperation in digitalization.’
Estee Lauder Companies to buy-out Tom Ford beauty brand?
The Estee Lauder Companies (ELC) is said to be mulling a buy-out of beauty brand Tom Ford in a potential US$3 billion deal, according to a report by Reuters.
Revlon gets green light for US$1.4 billion bankruptcy loan
Revlon has been given permission by U.S. bankruptcy judge David Jones to proceed with a US$1.4 billion loan, following an objection filed by junior creditors, according to a report by Reuters.
Evonik offloads US betaine business
Evonik has announced the divestiture of its US betaine business, signing an agreement to sell the unit to Kensing for an undisclosed sum.
Procter & Gamble Q4 2022: Sales up 3 percent; EPS rises 7 percent
Procter & Gamble has published its results for the final quarter and full year of fiscal 2022. The US FMCG giant saw net sales rise 3 percent in the final quarter, giving rise to a 5 percent increase in net sales over fiscal 2022.
BolognaFiere teams up with Informa Markets and the PBA to expand Cosmoprof North America
BolognaFiere has announced that it has joined forces with Informa Markets and the Professional Beauty Association (PBA) to deliver a series of beauty events in the US.
Waldencast Acquisition Corp approves business combination with Obagi Global Holdings and Milk Makeup
Waldencast Acquisition Corp announced that its shareholders voted to approve the business combination with skin care brand Obagi Global Holdings Limited and award-winning makeup and skin care brand Milk Makeup.
Glossier signs deal to stock products at Sephora in first external retail partnership
Glossier has entered into a deal with Sephora to see its products stocked in-store and online as of next year, in the beauty company’s first external retail partnership, according to the Wall Street Journal.
Colgate Palmolive launches Colgate Smile Fund to build resilience in youth
Colgate Palmolive has launched the Colgate Smile Fund initiative, which will invest in non-profit organizations that help to equip today’s young people with the skills needed to thrive in and out of school.
3M to spin-off its Health Care arm into a standalone business to create ‘long-term value’
3M has announced it intends to spin off its health care arm, which will result in two public companies positioned to ‘pursue their respective growth plans.’
Walmart shares tumble as retailer slashes profit forecast
Walmart shares have slid 10 percent as the retailer slashed its profit forecast due to rising prices for food and fuel forced consumers to cut back on discretionary purchases, according to Reuters.
Camila Mendes joins Loop skincare brand as Partner and Creative Director
Actress Camila Mendes has joined Loop skincare brand as Partner and Creative Director, which is her debut into the beauty market.
Revlon creditors cite company bankruptcy a ‘mess’
Revlon creditors have called the company’s bankruptcy a ‘mess’ in a court filing, with the official creditors committee opposing the loan, according to Reuters.
Jennifer Lopez’s JLo Beauty announces expansion into Body Care category
Jennifer Lopez has announced the first category expansion of JLo Beauty with the launch of a new body care range.
Hailey Bieber wins trademark battle for new skincare line Rhode against established fashion brand of same name
Hailey Bieber has emerged victorious in a trademark battle for new skincare brand Rhode, winning a lawsuit brought against her by established New York-based fashion brand Rhode.
Johnson & Johnson launches new skin and hair care brand for babies and toddlers; Vivvi & Bloom
Johnson & Johnson has launched a new skin and hair care brand for babies and toddles named Vivvi & Bloom.
L’Oréal Canada creates new leadership role: Chief Sustainability & Human Rights Officer
L’Oréal Canada has announced the creation of a new leadership role, as part of its mission to transition to a more responsible and sustainable business model. The French beauty giant’s Canadian arm named Maya Colombani as Chief Sustainability & Human Rights Officer.
Laneige tops charts on Amazon Prime Day
Laneige has been named as one of the best-selling brands in the Beauty & Personal Care category on Amazon Prime Day. The brand’s Lip Sleeping Mask was the bestselling product in its class, while Lip Glowy Balm came in third.
Flip raises US$60 million in Series B funding round
Flip has announced a US$60 million Series B funding round at a valuation of US$500 million. The round was led by WestCap with participation from existing investors Mubadala capital and Streamlined Ventures.
Bath & Body Works lowers forecasts due to increased inflation
Bath & Body Works has lowered its Q2 and FY forecasts due to a dip in traffic as consumers cost-save as inflation reaches a 40-year high, according to Yahoo Finance.
Walgreens Boots Alliance names Heather Hughes as Group Vice President of Beauty and Personal Care and Seasonal
Walgreens Boots Alliance has named Heather Hughes as Group Vice President of Beauty and Personal Care and Seasonal, with Hughes succeeding Lauren Brindley.
Procter & Gamble launches environmentally-friendly program named Responsible Beauty
Procter & Gamble is pushing eco-beauty with the launch of environmentally-friendly public welfare program named Responsible Beauty, according to a report by Campaign Brief Asia.
Johnson & Johnson revises full-year forecast as dollar value surge depresses sales outside the U.S.
Johnson & Johnson has revised its full-year forecast for the second consecutive quarter due to the strengthening U.S. dollar impacting estimates for reported results.
Too Faced adds NFC tags to 100,000 Maximum Plump Lip gloss samples
Estée Lauder Companies-owned Two Faced has added NFC tags to 100,000 samples of its Maximum Plump lipgloss, which allows consumers to scan the tag with a smartphone and access a special landing page to register for a discount of future purchases.
WPP announces Stacey Shelly as new lead for Procter & Gamble account
WPP has announced Stacey Shelly as the new Global Client Leader on the Procter & Gamble account across Grey and its parent company, according to a report by Ad Age.
Coty Board Member, Justine Tan tenders resignation
Coty has announced that Justine Tan has resigned from her position as a Member of the Board of Directors, according to a report published by Market Screener.
Cosmax to close US plant
Cosmax has announced the closure of its US factory, according to a report published by The Korea Economic Daily.
Victoria’s Secret unveils adaptive fragrance, Bare
Victoria’s Secret has launched a new fine fragrance that is said to adapt to an individual’s body chemistry, creating a bespoke scent for every user.
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