Kat Von D exits eponymous brand; sells to Kendo
Kat Von D has announced that she is to step down from her eponymous beauty brand, selling her remaining stake to partner Kendo.
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Milk Makeup names former L’Oréal Paris President new CEO
Milk Makeup has named Tim Coolican as its new CEO. Coolican joins the company from L’Oréal where he was President of its L’Oréal Paris USA brand.
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Bed, Bath & Beyond shares dive as CEO scraps forecast
Shares in Bed, Bath & Beyond plummeted in value this week after the new CEO, Mark Tritton, pulled its financial guidance, according to a report published by Bloomberg.
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Procter & Gamble shakes up grooming portfolio with Billie acquisition
Procter & Gamble (P&G) has announced plans to acquire women’s grooming and personal care brand Billie.
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Walgreens Boots Alliance reports sluggish fiscal 2020 Q1 as shares fall
Walgreens Boots Alliance has missed industry expectations for its first quarter earnings, ending 30 November, with shares having fallen more than 5 percent.
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L’Oréal Luxe announces leadership changes
L’Oréal Luxe has announced that Cheryl Vitali, Global President of skin care brand Kiehl’s, is to take on the newly created role of Global President of L’Oréal’s portfolio of American luxury brands – Urban Decay, It Cosmetics, Clarisonic, and Kiehl’s.
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Sally Beauty to go green for 2020; ushers in plastic bag ban
Sally Beauty has become the latest retailer to usher in a ban on plastic bags. The company has launched a wide-ranging SBH Going Green initiative to reduce its environmental impact be reducing waste and energy usage throughout its stores, supply chain and headquarters.
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Schwarzkopf teams up with TerraCycle to increase sustainability in hair care packaging
Henkel-owned Schwarzkopf has announced a new partnership with TerraCycle to launch a free Schwarzkopf recycling program in the US.
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Helen of Troy announces agreement to acquire Drybar Prestige Hair Care Products
Helen of Troy has announced that it has entered into a definitive agreement to purchase Drybar Products for US$255 million.
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2019: the year of the movers and shakers
They say your comfort zone will kill you, and 2019 has been a year of change for some big names across the cosmetics industry.
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