Johnson & Johnson to resolve all talc claims via Chapter 11 for LTL Management
Johnson & Johnson has announced that LTL Management, a newly crated and separate subsidiary established to hold and manage claims in the cosmetic talc litigation, has filed for voluntary Chapter 11 bankruptcy protection.
Huda Beauty to settle class action suit over Neon Obsessions palette
A class action lawsuit centred around Huda Beauty’s Neon Obsessions make-up palette has reached a proposed settlement. The plaintiffs claimed that the product was unlawfully marketed in the US for use in the eye area.
California passes bill green lighting sale of CBD
California has passed Assembly Bill 45, granting official approval to the sale of hemp-derived CBD products.
Coppertone recalls sunscreens over benzene content
Beiersdorf-owned Coppertone has issued a voluntary nationwide recall of certain lots of its aerosol sunscreen sprays after they were found to contain Benzene.
Merit raises US$20 million in Series A funding round
Minimalist beauty brand Merit has announced a US$20 million Series A funding round led by L Catterton. Macy Venture Partners and Sonoma Brands also participated in the round.
Jennifer Aniston’s beauty line will be unveiled today
Jennifer Aniston is set to unveil her long-anticipated beauty line, LolaVie, today. The star teased the launch via her Instagram account, simply captioned ‘Something’s coming…’. The brand’s website reveals that the launch date has been set for September 8.
Revlon names Chief Supply Chain Officer
Revlon has announced the hire of Thomas Cho as its Chief Supply Chain Officer, effective immediately.
Lab appeals to FDA to pull sunscreens containing potential carcinogen
Non-profit Haereticus Environmental Laboratory is calling on the US Food and Drug Administration to pull sunscreens containing octocrylene from the shelves over safety concerns, according to a report published by Bloomberg.
Beautycounter unveils talc-free make-up line
Clean beauty brand Beautycounter has launched the first product from its much-vaunted talc-free make-up line, according to a report published by Elle.
Dow reports better-than-expected Q2 sales as reopening economies boost consumer spending
Dow Chemicals has reported better-than-expected Q2 sales as reopening economies bolster consumer spending post pandemic lockdowns, according to a report by Reuters.
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