DowDuPont expects pretax charge of $800 million to $1.3 billion in Q2
DowDuPont has stated it expects to book a pretax charge of $800 billion to $1.3 billion for April to June, Q2, according to a report by CNBC. The pretax charge is caused by changes in valuation of assets due to lowered demand for its biomaterial products and a drop in...
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Walmart appoints ex-Google exec as new Chief Technology Officer
Walmart has announced the appointment of Suresh Kumar as its new Chief Technology Officer in a bid to boost its e-commerce business amidst an internal technology transformation plan. Prior to his appointment, Kumar most recently held the position of VP and General...
CLICK HEREGillette gains praise for gender-inclusive advert
Shaving brand Gillette has gained praise for its latest gender inclusive #MyBestSelf campaign, according to a report by the Drum. The new campaign follows the brand’s controversial We Believe: The Best Man Can Be campaign that came after the Me Too era, with some...
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90-year-old influencer Baddie Winkie launches collab with INC.redible Cosmetics
A 90-year-old influencer who boasts 3.8 million followers on Instagram has launched a cosmetics collection together with beauty brand INC.redible Cosmetics in Sephora, according to a report published by Allure. The news was announced via Instagram with Baddie posting...
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L’Occitane leases floor of 111 West 33rd Street
L’Occitane has leased the entire 20th floor of the 111 West 33rd Street building, according to a press release from Empire State Realty Trust. The space spans 20,962 sq ft and the natural cosmetics brand was represented by Cushman & Wakefield. Terms of the lease...
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Colourpop.com tops US web traffic rankings
Colourpop.com has come out top in terms of US web traffic according to a roundup compiled by SimilarWeb as reported by WWD. The cosmetics brand racked up some 2.09 million visits to its site in April, followed by Jefreestarcosmetics.com with 2.06 million, Avon with...
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Ulta scoops Deciem listing
Deciem-owned The Ordinary is set to hit Ulta’s shelves this summer, according to a report published by Allure. The affordable skin care brand, which is part-owned by The Estee Lauder Companies, will join the Ulta line-up from July – a sign that the brand is returning...
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We belong to something beautiful: Sephora launches new diversity initiative
Sephora has announced the launch of a new brand platform. The LVMH-owned retailer’s Belong initiative is its first public articulation of what the perfumery chain stands for and represents, personified by its tagline, We Belong to Something Beautiful. The company has...
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It’s no longer all about profit: Mary Kay and Lauder CEOs named among ‘most reputable’
The Reputation Institute and Forbes have published their second annual Global CEO RepTrak, a study of CEO reputation. Both David Holl, CEO of Mary Kay and Fabrizio Freda, CEO of The Estee Lauder Companies made it into the top 10 this year. According to Forbes and RI,...
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L’Oréal USA announces key leadership appointments
L’Oréal USA has announced the appointment of Megan Grant as President, Luxe Division, succeeding Xavier Vey who has been promoted to General Manager, Western Europe zone for the Luxe Division, effective July 1. Grant, who has been with the French beauty giant since...
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Canopy Growth sets its sights on CBD wellness market with This Works buyout
Canadian cannabis product Canopy Growth has announced it is to buy London-based skincare brand This Works in a $55.2 million deal. The acquisition will allow the company to launch a new line of CBD-infused beauty and sleep products, which will extend its current...
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‘Natural is no longer niche’: Bieber to front Schmidt’s Naturals deodorant line
Unilever-owned Schmidt’s Naturals has struck a deal with Canadian singer and songwriter Justin Bieber to front a line of deodorants, according to a report published by AdAge. The collection, named Here + Now, will launch globally online and in store this fall in a...
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US court rules trademark license agreement can survive bankruptcy
The US Supreme Court has ruled that a trademark license can survive the bankruptcy of the licensor, according to a report published by The National Law Journal. The case, Mission Products Holdings v. Tempnology, reverses a previous decision in Lubrizol Enterprises v....
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Who What Wear launches budget clean skin care range Versed
Clique Brands-owned Who What Wear has launched a new clean skin care collection named Versed. The brand will be stocked at Target stores in the US and is described as a ‘sustainably sourced, nontoxic, results-driven’ line. Versed is aimed squarely at the millennial...
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Colgate-Palmolive tops Gartner’s 2019 Supply Chain rankings
Gartner has released the results of its annual Supply Chain Top 25, which is designed to identify leaders in the field and celebrate best practice. Colgate-Palmolive scored the top spot in the ranking for the first time, while Alibaba and Akzo Nobel both made their...
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Second woman to join Exec Committee as Coty announces new CMO for Consumer Beauty
Coty has named Fiona Hughes as Chief Marketing Officer for its Consumer Beauty division, effective June 12. Hughes will report to President and CEO Pierre Laubies. Hughes will also become a member of the Executive Committee, a milestone for the US beauty behemoth...
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CEW marks 25th anniversary of awards with new wellness category
Cosmetic Executive Women (CEW) hosted its 25th annual Beauty Awards last week. The organization recognised the momentum of the wellness movement with a new award category this year, Beauty Wellness Supplements and Aromatherapy. The wellness boom has contributed to the...
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Don’t stop now! Kylie Jenner to launch baby care and hair care lines
Fresh from the launch of her skin care line, which will hit the market later this week, Kylie Jenner is gearing up to launch two further brands, according to a report published by WWD. The Founder of Kylie Cosmetics has filed trademarks for Kylie Hair and Kylie Hair...
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Blueberries approved to sell CBD products in Colombia
Canadian company Blueberries has confirmed it has received approval from the Columbian food and drug regulator to sell CBD products within the country. The Instituto Nacional de Vigilancia de Medicamentos y Alimentos, the Colombian National Food and Drug Surveillance...
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Coty drives online presence in Middle East through Jollychic partnership
Coty has announced a partnership with e-tailer Jollychic in a bid to drive its online presence in the Middle East. Aiming to provide a better shopping experience for customers, Coty is said to have developed online tutorials and content over the past few months. The...
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Beiersdorf strengthens its position in North America with Coppertone acquisition
Beiersdorf has acquired U.S. suncare brand Coppertone in a $550 million deal, a move that will strengthen the German personal care giant’s position in the North America market. As part of the deal Beiersdorf will acquire the intellectual property rights of the...
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Avon Products buyout: Has Natura secured financing for possible Avon bid?
Natura is said to have secured financing from at least three banks in order to back its potential bid of Avon Products, according to a report by Bloomberg. The Brazilian beauty giant confirmed in March that it was conducting talks with Avon Products, with Banco...
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Sales drop as Younique struggles with recruitment
Coty-owned direct sales business Younique is struggling to recruit ‘presenters’, as it calls its sales representatives, according to a report published by The Drum, leading to a drop in revenue and profit for the digital multi-level marketing firm. “The weakness is...
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Gen Z favourite Ariana Grande named face of Givenchy
Cited as one of the most-loved celebrities by Generation Z, it’s no wonder that Givenchy has chosen Ariana Grande as its newest face, according to a report published by Teen Vogue. Grande will front the fall/winter campaign for the French fashion house beloved of...
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Ulta resale scandal continues as senior management under investigation
Some of Ulta’s senior managers are under investigation for pressuring retail staff to reduce return rates, according to a press release issued by the law firm conducting the investigations on behalf of shareholders. The Shuman Law Firm is asking shareholders for any...
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Will Unilever buy Drunk Elephant?
Unilever is said to be in the running to buy clean skin care brand Drunk Elephant for US$1 billion, according to a report published by Bloomberg, quoting the Sunday Telegraph as its source. As reported by Global Cosmetics News at the time, Drunk Elephant revealed that...
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Sephora settles in Indiana tax fraud case
Sephora has paid out US$159,349 to the State of Indiana in order to settle a dispute over tax fraud, according to a report published by The Indiana Lawyer. The LVMH-owned retailer stood accused of making false statements regarding its failure to collect gross retail...
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Sister, Sister: Now Kendall Jenner files trademark for beauty line
Could Kendall Jenner be the next member of the Kardashian clan to launch her own beauty line? The model has filed a trademark application for the terms Kendall and Kendall Jenner covering perfume, hairstyling products, shower gels, nail polish, skin care, deodorant...
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Kylie Jenner announces new brand: Kylie Skin
The owner of Kylie Cosmetics, Kylie Jenner, has launched a new skin care brand, according to a report published by Teen Vogue. Jenner launched a new Instagram account for the new line, Kylie Skin By Kylie Jenner on Saturday (May 11) and has already racked up nigh on...
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L’Oréal launches bespoke hair dye brand Color&Co
L’Oréal is launching a new at home hair dye brand that will enable US-based shoppers to co-create a bespoke shade for their hair. The French beauty giant’s Color&Co offers a ‘truly personalized experience’ thanks to a live video consultation and a custom blend...
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Revlon Q1: Sales down 1.3 percent but loss narrows
Revlon has reported its results for the first quarter of the current financial year. The US beauty behemoth saw sales fall 1.3 percent to US$553.2 million in the three months ended March 31, 2019 (+2.3 percent in constant currency terms). However, there were positive...
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What’s in a name? A lawsuit going by Charlotte Tilbury’s experience
Actor Brooke Shields is suing make-up brand Charlotte Tilbury as well as Sephora and a group of department stores, for selling a brow pencil named Brooke S without her permission, according to a report published by WWD. Papers filed reveal that the actor has been...
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Trump’s tariffs will cost average US family US$767 a year
President Trump has hiked tariffs on Chinese imports after trade talks broke down between the two countries, according to a report published by Reuters. The rise, which will see levies on household goods, including shampoos and perfumes, grow from 10 percent to 25...
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Daphne Oz announced as first brand ambassador for Aveeno Haircare
Aveeno Haircare has announced the appointment of Daphne Oz as its first ever Brand Ambassador. The author and television host was chosen for her ‘proactive and holistic approach to health and beauty’ with the appointment following the recent relaunch under Vogue...
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Edgewell Personal Care set to purchase start-up shaving brand Harry’s
Edgewell Personal Care is due to acquire start-up shaving brand Harry’s in what is reported to be a $1.37 billion cash and stock deal, according to a report by Reuters. The owner of Schick and Wilkinson razor brands is reportedly looking to expand further into the...
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Birkenstock expands in natural skin care market with product launch and new President appointment
Birkenstock Americas is continuing to cement its presence in the U.S. natural skin care market with the launch of the Birkenstock Natural Skin Care and the appointment of Louise Caldwell as President and General Manager of the range. Caldwell will be tasked with...
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Johnson & Johnson retains position as ‘most valuable cosmetics brand’ despite drop in value
Johnson & Johnson has retained its position as the most valuable cosmetics brand despite dropping value by 20 percent over the past year, according to a Brand Finance report. Despite the company’s value dropping to US$10.1 billion in 2018, J&J retained the top...
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L’Oréal USA Women in Digital Next Generation accelerator program makes a comeback
L’Oréal USA is bringing back its Women in Digital Next Generation accelerator program following a one-year hiatus, according to a report by Glossy. Having announced the relaunch of the program this week, the beauty giant has highlighted the program’s continued aim of...
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Coty Q3 revenues slide as demand for mass market beauty products weakens
Coty has announced a Q3 fall in revenues as demand for its mass market beauty products have taken a hit, according to a report by the Financial Times. Revenues fell 10.4 percent YoY to $1.99bn, missing analyst expectations of $2.06bn. The fall in revenue was also...
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The Estee Lauder Companies names GM for Travel Retail Americas
The Estee Lauder Companies has appointed Guillaume Geslin Vice President, General Manager for its Travel Retail Americas unit, according to a report published by TR Business. Geslin will take over the role, succeeding Nathan Moris, on July 1. Moris has accepted the...
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Is Kylie Cosmetics up for grabs? M&A rumors swirl around Lip Kit brand
Kylie Cosmetics is said to be considering a sale, according to a report published by WWD. The Lip Kit producer is rumoured to be in talks with potential buyers and investors. “The success of Kylie Cosmetics has been incredible, and with that awareness there will...
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Mary Kay sponsors symposium on pollution and skin health at RADLA
Mary Kay has been announced as symposium sponsor at the prestigious Reunión Anual de Dermatólogos Latinoamericanos (RADLA). The event, held May 4–7 in Buenos Aires, Argentina, provides an opportunity for global experts in the field of dermatology to exchange knowledge...
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Is Charlotte Tilbury up for sale? Make-up Indie rumoured to be in talks with Lauder
Charlotte Tilbury is said to be exploring the possibility of a sale, according to a report published by WWD. The independent make-up brand is rumoured to have been in advanced talks with The Estee Lauder Companies. However, per WWD, a deal is yet to be struck as...
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AptarGroup appoints Isabel Marey-Semper onto Board of Directors
Personal care packaging company AptarGroup has announced Isabel Marey-Semper as a new member of its board of directors. A trained Scientist and transformation leader, Marey-Semper has previously held roles for L’Oréal, Group PSA and Saint-Gobain in positions such as...
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Estée Lauder Companies raises year forecast thanks to China demand
Estée Lauder Companies (ELC) has increased its full year forecast for profit and sales to between 7 and 8 percent as opposed to the previous predication of between 5 and 6 percent, thanks to an increase in demand from Chinese consumers, according to a report by...
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M.A.C announces new Viva Glam ‘MACtivist’ line up
M.A.C has announced its new line up of 18 ‘MACtivists’ that will be supporting the brand and the Viva Glam campaign, with a mix of influencers, artists and activists having been chosen. The ‘cast’ includes Troye Sivan and Jacob Bixerman, Lea T, Parker Kit Hill, Alex...
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Instagram extends in-app shopping facility to influencers
Instagram has extended its in-app shopping facility to influencers, who are now able to tag and sell products directly via the social media site, according to a report by the Drum. The function, previously only available to brand Instagram pages, is being trialled by...
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US judge grants Olaplex injunction against L’Oréal
Olaplex has been granted a preliminary injunction in an ongoing patent battle against French beauty giant L’Oréal, according to a report published by the World Intellectual Property Review. The hair care Indie has charged L’Oréal with infringing its patent for...
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Kim Kardashian West opts for ‘CBD theme’ for new baby celebration
Kim Kardashian West is said to have chosen a ‘CBD theme’ for a baby shower to celebrate the impending birth of her fourth child via surrogate, according to a report published by Vogue. The reality TV star’s party featured a DIY CBD product station, where guests could...
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Success: JAB’s mission to up stake in Coty is complete
Coty has announced that the tender offer by a JAB Holdings affiliate to purchase up to 150,000,000 shares of the company’s stock has expired and all conditions of the offer have been satisfied or waived. JAB, therefore, now owns an approximate 60 percent stake in...
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