Carlyle to buy HCP for US$1 billion?
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’.
L’Oréal Canada teams up with Walmart and TerraCycle to recycle beauty empties
L’Oréal Canada is encouraging Canadians to recycle their cosmetics and skin care products in Walmart Canada stores in partnership with TerraCycle.
The Body Shop tackles plastic crisis with in-store refill system
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.
Biotherm commits to ‘Blue Beauty’ strategy
L’Oréal-owned Biotherm has announced that it is dedicating itself to Blue Beauty, which it defines as ‘beauty that comes from water and gives back to it’.
Walmart to join the Metaverse? Retailer files applications for own-brand Crypto and NFTs
U.S. retailer Walmart has filed seven applications to the U.S. Patent and Trademark office to launch its own-brand cryptocurrency, NFTs, possible payment system, and e-wallets, according to CNBC.
P&G issues voluntary recall of aerosol dry shampoo and conditioner
Procter & Gamble has issued a voluntary recall of aerosol dry conditioner spray products and aerosol dry shampoo spray products from its Pantene, Aussie, Herbal Essences and Waterl
L’Oréal USA empowers female NFT creatives; commissions artwork for new lipstick range
L’Oréal has committed to empowering female NFT creatives, having commission six artists to create NFT art inspired by the shades of red for the new L’Oréal Paris Reds of Worth by Colour Riche range of lipsticks.
Will a shortage of recycled plastic scupper the beauty industry’s sustainability goals?
Procter & Gamble has warned that the supply chain crunch could make hitting ambitious 2030 sustainability targets tough, according to a report published by Reuters.
E.l.f. Beauty hits packaging reduction milestone
E.l.f Beauty has announced that it has eliminated more than one million pounds of packaging materials via its Project Unicorn initiative.
The Estee Lauder Companies joins Pulpex consortium in bid to scale recyclable paper bottle
The Estee Lauder Companies has announced that it has become the first prestige beauty company to join the Pulpex partner consortium. As a member, Lauder joins a group of leading CPG companies committed to developing paper bottle packaging.
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