Colgate-Palmolive focuses on wellness with new Co. by Colgate collection
Colgate-Palmolive is focusing on wellness with the launch of its new Co. by Colgate collection, with is said to bolster self-expression.
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Inolex promotes Lisa Gandolfi to Vice President Marketing
Inolex has announced the promotion of Lisa Gandolfi to Vice President Marketing.
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Estée Lauder expands partnership with QVC with livestream video launch
Estée Lauder has expanded its partnership with QVC and is now featured across all of the shopping channel’s platform including a livestream video launch.
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Wella Company announces digital global We Create event
Wella Company has announced its first global ‘We Create’ digital event, which will be an agenda of shows, seminars and conversations aimed at beauty professionals.
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Virginia approves law banning sale of newly animal-tested products
Virginia has signed the Virginia Humane Cosmetics Act into law, which will prohibit the sale of newly animal-tested products, according to a report by NBC 12.
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B2B e-commerce platform NuOrder raises $45 million investment; Net-a-Porter Founder’s venture capital firm leads
NuOrder, a B2B e-commerce platform, has raised $45 million in an investment round led by Net-a-Porter Founder Natalie Massenet’s venture capital firm Imaginary Ventures.
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Ulta Beauty pulls Teen Vogue ads after anti-Asian tweets
Ulta Beauty has pressed pause on ad bookings with Teen Vogue after it emerged that the Conde Nast website’s Editor-in-Chief has posted anti-Asian sentiments on social media, according to a report published by Yahoo Finance.
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Hailey Bieber launches beauty YouTube channel
Hailey Bieber is set to star in her own YouTube series. The model and media personality has teamed up with OBB Pictures to launch her own channel, according to a report published by Deadline and posted on OBB Media’s website.
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American Securities to acquire Conair Corporation
Conair Corporation has announced that it has entered into a definitive agreement to be acquired by affiliates of American Securities for an undisclosed sum.
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Revlon Q4 2020: Perelman hails ‘positive developments’ despite 10.4 percent sales drop
Revlon CEO Debra Perelman said that the US beauty firm saw ‘positive developments’ in the final quarter of fiscal 2020, despite reporting a 10.4 percent drop in net sales to US$626.2 million.
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Helen of Troy shares outpace market as leadership brands boom
Helen of Troy has seen its shares swell 59.2 percent in value over the last year, significantly above the wider industry’s 41.8 percent growth, according to a report published by Nasdaq.
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Is Rihanna poised to launch hair care brand?
THE WHAT? Rihanna’s company, Roraj Trade has filed a trademark application for the term ‘Fenty Hair’ leading to speculation that the Bajan singer and figurehead of the Fenty Beauty brand is poised to launch a hair care line. THE DETAILS The trademark application...
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Ulta Beauty announces next CEO as 4Q sales drop 4.8 percent
Ulta Beauty has announced its results for the fourth quarter and full year of fiscal 2020. Net sales dropped 4.6 percent yoy in the final three months, to US$2.2 billion, while gross profit fell 4.4 percent to US$771 million.
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Citi wreaks revenge on rogue Revlon lenders
Citibank is penalising the Revlon lenders refusing to repay sums sent to them in error by blocking them from debt offerings, according to a report published by Bloomberg.
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AS Beauty snaps up Mally Beauty
AS Beauty has announced the recent acquisition of Mally Beauty, the award-winning cosmetics line founded by celebrity MUA Mally Roncal, from Beauty Visions.
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Neutrogena names Chloe x Halle brand ambassadors
Johnson & Johnson-owned Neutrogena has named Grammy nominated duo Chloe x Halle as its newest brand ambassadors.
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e.l.f. Cosmetics joins forces with Chipotle Mexican Grill to launch limited edition beauty collection
Cult beauty brand e.l.f. Cosmetics has teamed up with U.S. fast food chain Chipotle Mexican Grill to launch a limited edition e.l.f. x Chipotle collection.
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Ipsy partners with Khloe Kardashian on limited-edition Glam Bag X
Subscription beauty brand Ipsy has partnered with reality star Khloe Kardashian on a limited edition Glam Bag X, named Glam Bag x Khloe.
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Gillette announces return of Gaming Alliance
Procter & Gamble-owned Gillette has announced the return of the Gillette Gaming Alliance, which introduces 11 stars, including Formula 1 star Lando Norris, as streamers.
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Loop and Ulta launch sustainable beauty platform
U.S. beauty retailer Ulta has expanded its partnership with Loop through the launch of a new website, www.loopbyulta.com, which allows consumers to shop for beauty and personal care products in durable, sustainable packaging, which will be refilled and reused.
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L’Oréal shakes up leadership team with new executive appointments
L’Oréal has announced two new executive appointments, with Omar Hajeri becoming President of the Professional Products division and Ersi Pirishi having been named President of the company’s Latin America zone, according to a report by WWD.com.
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The Estee Lauder Companies creates Equity and Engagement Center of Excellence
The Estee Lauder Companies has announced that it has established a new Equity and Engagement Center of Excellence. The new capability is designed to help the US prestige beauty firm deliver on its commitment to build greater equity and representation throughout its business.
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Johnson & Johnson, L’Occitane and Amazon scoop EcoVadis Procurement Leadership awards
EcoVadis has announced the winners of its fifth annual Sustainable Procurement Leadership Awards Program. Johnson & Johnson and L’Occitane scooped the Best Value Chain Engagement title, while Amazon EU’s Gemma Tyndall shared the Outstanding Program Leadership prize with L’Occitane’s Katia Michieletto.
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P&G launches shampoo refills in UK
Procter & Gamble has launched its hotly anticipated refill system across the UK, according to a report published by Edie.net. The initiative, announced last October, will be rolled out across all its European markets by the year’s close.
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Coty partners with LanzaTech on sustainable fragrance production
Coty has announced that it has signed a letter of intent to partner with LanzaTech to produce sustainable ethanol made from captured-carbon emissions, which will be incorporated into its fragrance products.
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Nina Dobrev to front Dior perfume campaign
Dior has expanded its relationship with Nina Dobrev, according to a report published by WWD. The Canadian model, who is already an ambassador for the LVMH-owned brand’s beauty unit will also be an ambassador for the Maison’s fragrance arm in the US.
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L’Oréal Paris doubles prize pot for 2021 Women of Worth awards
L’Oréal Paris has announced the call for its 2021 Women of Worth nominations. The applications deadline has been set for April 30, with consumers invited to put forward women who have selflessly given back to their community through non-profit leadership.
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Target profits from pandemic with sales rising 20 percent in 2020
U.S. retailer Target has profited from the COVID-19 virus outbreak with FY revenues rising 20 percent, reaching $93.6 billion, according to a report by the Wall Street Journal.
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The Estée Lauder Companies issues $600 million of Senior Notes
The Estée Lauder Companies (ELC) has announced the offering and pricing of $600 million of 1.950 percent Senior Notes, due 2031.
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Instagram calls on fashion, beauty and Black businesses to promote launch of Live Rooms
Instagram has announced the launch of Live Rooms, which allows up to four users to live stream. The Facebook-owned social media site is using both fashion and Black businesses to promote the launch, according to a report by WWD.com.
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Kiehl’s partners with Gyrl Wonder
L’Oréal-owned Kiehl’s has announced that it has teamed up with Gyrl Wonder, a cross-cultural mentorship program that helps shape young women of color through social impact and career exploration.
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Estee Lauder names Ana de Armas Global Brand Ambassador
Estee Lauder has signed Ana de Armas as its new Global Brand Ambassador. The Golden Globe Award-nominated actor will feature in campaigns across digital, TV, in-store and print starting by fronting ads for a new fragrance set to make its debut this month.
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TikTok to pay out US$92 million over facial recognition tech
TikTok will pay out some US$92 million to settle a class action suit which claims that the Chinese social media site has breached privacy laws through its use of facial recognition tech to identify a user’s gender, age and ethnicity, according to a report published by BBC News.
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Sephora’s US store count to increase by 260 in 2021
In a clear sign that bricks and mortar has plenty of life in it yet, LVMH-owned Sephora is planning its largest US footprint expansion to date, according to a report published by Forbes. The beauty retailer will add some 260 stores to its total this year.
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Johnson & Johnson allows US$3.9 billion to settle talc suits
Johnson & Johnson has created a pot of US$3.9 million to settle numerous talc suits, according to a report published by Asbestos.
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Lauder calls time on Becca Cosmetics
The Estee Lauder Companies-owned Becca Cosmetics has announced that it will cease to trade from September this year.
CLICK HERE Citigroup seeks court order to freeze Revlon funds
Citigroup’s next step in its ongoing battle to recover funds mistakenly paid to Revlon creditors last summer is to seek an extension to the freezing order currently in place on the US$500 million sum, according to a report published by Bloomberg.
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Ardagh to merge business with Gores Holdings
Ardagh Group has announced that it is set to spin off its metal packaging unit, which will then be combined with Gores Holdings to create an independent public company.
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Estée Lauder Companies acquires majority stake in No Ordinary parent Deciem in $1bn deal
The Estée Lauder Companies (ELC) has acquired a majority stake in The Ordinary parent company Deciem in a $1 billion deal, which values the company at $2.2 billion.
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MAC names former Revlon executive SVP Global Marketing
Lauder-owned MAC has named Aida Moudachirou Rebois as Senior Vice President, Global Marketing, effective immediately.
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Kohl’s has issued a statement in response to an open letter published by an activist investor group comprising Macellum Advisors, Legion Partners Holdings, Ancora Advisors and 4010 Capital.
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The Avon Company launches vegan clean skin care line
The Avon Company has debuted a vegan clean skin care brand, Farm Rx, according to a report published by Direct Selling News.
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Kris Jenner to launch skin care line?
Kris Jenner could be poised to launch her own skin care line, according to a report published by The Cut, quoting E! News.
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Glossier and ELF CEOs join Allbirds Board
Californian sneaker brand, Allbirds has announced two high-profile appointments to its board, according to a report published by WWD. Emily Weiss, CEO of Glossier and Mandy Fields, CFO at Elf Beauty will join the sustainable footwear brand’s Board, bringing the total number of Board Members to eight.
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Walmart reports record Q4 and FY21 revenue
Walmart has reported its results for the final quarter of fiscal 2021. The US retailer saw revenue reach record levels, rising 7.3 percent yoy to US$152.1 billion.
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IFF to sell off microbial controls business?
IFF is set to auction off its microbial controls business and food preparation unit, according to a report published by Bloomberg quoting sources ‘familiar with the matter’.
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Secret unveils fruits of a decade of research, Derma+ deodorant
P&G-owned Secret has unveiled its first clinical-level sweat and odor protection with skin conditioners and soft-touch applicator, DERMA+ Antiperspirant. The skin-care adjacent antiperspirant is said to help promote visibly even skin tone, a key concern for women of color.
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P&G’s Old Spice opens first barbershop; doubles as content studio
Procter & Gamble-owned Old Spice has opened its first barbershop and retail location in Ohio, U.S., with the space also acting as a content studio.
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LVMH Chief Bernard Arnault teams up with ex-UniCredit CEO Jean Pierre Mustier to form SPAC for financial deals
LVMH head Bernard Arnault is teaming up with former UniCredit CEO Jean Pierre Mustier to launch a special purpose acquisition company (SPAC) in order to invest in European financial companies.
CLICK HERE Citibank loses bid to recoup US$900 million mistaken payment of Revlon loan
A federal judge has ruled against Citibank recouping the accidental re-payment of a loan to a group of lenders of Revlon, which was mistakenly wired in August, 2020.
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