Federal Trade Commission attempts to block P&G acquisition of Billie
The US competition authority has launched a bid to prevent Procter & Gamble’s purchase of razor start-up Billie going ahead, according to a report published by Tech Crunch.
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Pantone reveals 2021 color of the year as ‘Ultimate Gray’ and ‘Illuminating’ to convey ‘strength and hopefulness’
Pantone has revealed its 2021 color of the year as two standalone hues, 17-5104 Ultimate Gray and PANTONE 13-0647 Illuminating, in a bid to convey ‘strength and positivity.’
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Revlon announces Martine Williamson as Chief Marketing Officer
Revlon has announced the appointment of Martine Williamson as Chief Marketing Officer.
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Terracycle completes $25 million capital raise for Loop
Terracycle has completed a Series A “Founding Investors” capital raise of $25 million for its global reuse platform Loop.
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Amazon knocks Procter & Gamble off top spot as world’s largest advertiser
Amazon has knocked Procter & Gamble off the top spot as the world’s largest advertiser, a position the personal care giant has held, with only one blip, since 1987.
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Hum by Colgate teams up with Headspace app to encourage ‘Mindful Moments’
Colgate-Palmolive has teamed up with Headspace app in a partnership that will see weekly programming offered in the Hum by Colgate app that connects to its smart toothbrushes.
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Spectrum Brands Partners with CVC in bid to acquire Conair
Spectrum Brands has teamed up with private equity firm CVC Capital Partners in an attempt to acquire personal care company Conair Corporation, according to Reuters.
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SkinCeuticals USA names Stephanie Kramer as General Manager
In a leadership change at L’Oréal’s SkinCeuticals USA, Stephanie Kramer has been named as its new General Manager and will succeed Christina Fair, who has been promoted to President, Active Cosmetics Division, North America.
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Smashbox reaches out to the Latinx community via partnership with Julissa Prado and Patty Delgado
Smashbox has announced that it has teamed up with CEO and Founder of Rizos Curls, Julissa Prado and Patty Delgado, Founder and Designed of Hija de tu Madre, to launch a collab and virtual empowerment summit named Smashbox Jefacon.
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Revlon lenders pay-out: Citigroup lawsuit given greenlight
A lawsuit brought by Citigroup against a group of Revlon lenders to whom it mistakenly paid some US$900 million has been given the green light to proceed by a federal judge, according to a report published by Reuters.
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Coty strengthens Consumer Beauty leadership team
Coty has announced two new leaders to drive its Consumer Beauty unit. Stefano Curti has joined the company as Chief Brands Officer, Consumer Beauty, while Alexis Vaganay has been promoted to Chief Commercial Officer, Consumer Beauty, effective immediately.
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Lush North America defends trans rights record after UK branch gaff
Lush North America has taken to social media to issue an apology from its UK branch after the latter was discovered to have donated £3,000 to an anti-trans lobbying group.
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Ulta Q3 2020: Sales down 8.9 percent as masks hit make-up category
Ulta Beauty has announced better-than-expected sales for the third quarter of fiscal 2020. The US retailer saw sales drop 8.9 percent yoy to US$1.6 billion. However, despite market expectations of a steeper decline, shares fell last week as Ulta forecast further decreases over the holiday season hinting that the road to recovery could be long and slow-going.
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We will retaliate: France reacts to US threat of trade sanctions
France has warned that it will implore the European Union to respond in kind to any trade sanctions ushered in by the US in the two countries’ ongoing spat over the French digital services tax, according to a report published by Reuters.
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COVID-19 outbreak confirmed at Procter & Gamble’s Belleville plant
An outbreak of COVID-19 has been confirmed at Procter & Gamble’s Belleville plant, with Hastings Prince Edward Public Health reporting a total of 15 cases at the location.
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Bed Bath & Beyond appoints John Welling as SVP, Merchandise Planning, Allocation & Operations
Bed Bath & Beyond has announced the appointment of John Welling as Senior Vice President, Merchandise Planning, Allocation & Operations, effective immediately.
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Sephora opens mini shops inside Kohl’s stores
Sephora has announced a long-term strategic partnership with Kohl’s, which will see the prestige retailer open mini shops inside Kohl’s stores.
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Beauty wins social marketing; NYX and Too Faced lauded in TikTok’s 2020 creative campaign review
TikTok has released its 2020 Creative Excellence showcase, which features some of the most creative UK brand activations over the course of the year, with beauty brands NYX and Too Faced starring in the review.
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P&G sells Newbridge plant to Mapaex
Procter & Gamble has sold its Newbridge, Co Kildare plant in Ireland to Mapaex, according to a report published by RTE.
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Halima Aden quits modelling over compromised beliefs
The star of a Fenty Beauty campaign, Halima Aden has called time on her modelling career, posting her reasons on her Instagram stories.
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L Brands completes Victoria’s Secret reshuffle; names CEO
L Brands has announced several key leadership appointments at Victoria’s Secret. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas.
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L Brands sued over pension plan breach
A participant in L Brands’ 401(k) plan has launched a class action suit against the owner of Bath & Body Works charging the US retailer with beaching its fiduciary duties, according to a report published by Pensions&Investments.
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e.l.f Cosmetics partners with female gamer Loserfruit to appeal to Gen Z audience
e.l.f. Cosmetics has teamed up with female gamer Loserfruit (Lufu) in a bid to appeal to a Gen Z audience through her social media channels.
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Unilever North America expands in wellness sphere with SmartyPants Vitamins acquisition
Unilever has expanded its foothold in the wellness sphere with the acquisition of U.S.-based Vitamin, Mineral & Supplement company SmartyPants Vitamins.
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Dakota Johnson invests in sexual wellness brand Maude
Fifty Shades of Grey star Dakota Johnson has become an investor and Co-Director of sexual wellness brand Maude.
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Roth CH Acquisition I Co to merge with PureCycle Technologies
Roth CH Acquisition I Co and PureCycle Technologies have announced that they have entered into a definitive merger agreement.
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Target wins 2020: Q3 sales up 20.7 percent
Target has reported its results for the third quarter of fiscal 2020. The US retailer saw comparable sales rise 20.7 percent thanks to an impressive 155 percent hike in digital sales and solid 9.9 percent in store sales.
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New York will lift CBD ban if regulations pass
The New York State Department of Health has unveiled its proposed regulations to police the sale of CBD-based products in the state, according to a report published by The National Law Review. Should the legislation pass, it would reverse the 2019 ban on such preparations.
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Vital Proteins names Jennifer Aniston Chief Creative Officer
Supplement brand Vital Proteins has named Jenifer Aniston Chief Creative Officer.
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Imerys assets to be sold to Magris Resources
The United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets belonging to the North American Talc Subsidiaries of Imerys to Magris Resources Canada.
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Fall of the malls? Macy’s 3Q 2020 sales down 21 percent
Macy’s has reported its results for the third quarter of the current financial year. The US department store saw sales tumble 21 percent yoy to US$3,990 million and reported a loss of US$91 million, a far cry from the US$2 million net income reported in the same period last year.
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Peter Harf buys US$150 million stake in Coty
Ex Coty CEO Peter Harf has upped his stake in the US beauty behemoth to the tune of US$150 million, according to a report published by Bloomberg, quoting a regulatory filing as its source.
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Now Walmart steps back from Japan; sells majority stake in Seiyu to KKR
Walmart and Rakuten have announced the signing of definitive agreements under which KKR will purchase a majority stake, and a new Rakuten subsidiary will purchase a minority stake in Seiyu. The deal values the business at ¥172.5 billion.
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L’Oréal USA announces 2020 For Women In Science Fellows
L’Oréal USA has announced the recipients of its 2020 For Women in Science Fellowship. The annual program awards five female post-doc scientists grants of US$60,000 a head to advance their research.
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Revlon Q3 2020: Sales tumble 20.1 percent
Revlon has announced its results for the third quarter of the current financial year. The US beauty giant saw sales plummet 20.1 percent yoy to US$477.1 million in the three months to September 30, 2020 versus US$596.8 million in the prior-year period.
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The new black? TikTok trend could spur on sales of colored mascara
A burgundy mascara produced by L’Oréal Paris has gone viral after a TikTok user highlighted its potential to make eyes appear greener, according to a report published by Health.
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One skin: Vaseline partners with Regina King to champion skin care for all
Vaseline has partnered with Regina King as part of a wider mission to champion change for true equity in skin health for Black and Brown skin.
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‘Sales will bounce back next year’; Edgewell Personal Care reports 4Q and FY 2020 results
Edgewell Personal Care has announced its results for the fourth quarter and full year of fiscal 2020. Sales dropped 7.4 percent yoy in the final quarter ended September 30, 2020, to bring net sales to US$1,949.7 million for the year. A decrease of 8.9 percent compared to the prior year.
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Coty: we expect Wella sale to complete by the end of the month
Coty has announced the anticipated completion of the sale of its Wella unit to KKR by November 30, 2020, according to a report published by Yahoo! Finance.
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Pharrell Williams to debut skin care line, Humanrace
Singer Pharrell is set to unveil his skin care line, Humanrace, next week on November 25. A report published by Dazed Digital reveals that the range will launch with three vegan products, a Rice Powder Cleanser, Lotus Enzyme Exfoliator and Humidity Cream.
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Revlon nears completion of bondholder accord to avoid bankruptcy
Revlon is said to be close to a bondholder accord, which will help the beauty giant avoid bankruptcy, news which has caused company shares to jump 15 percent this week, according to a report by Bloomberg.
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Premium goes mainstream: Ulta teams up with Target to open new ‘shop-in-shops’
Ulta has announced a strategic partnership with Target, which will see the premium retailer open ‘shop-in-shop’ concepts inside the mass retailer.
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L’Oréal prevails in patent suit
A suit filed by an ex-L’Oréal employee claiming wrongful discharge over patent quotas has been dismissed by the US District Court for the District of New Jersey, according to a report published by JD Supra.
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Things can only get better: Coty reports ‘significantly improved’ Q1 2021
Coty has announced its financial results for the first quarter of fiscal 2021. The US beauty behemoth said that its performance had ‘significantly improved’ in the three months ended September 30, 2020.
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Beauty takes over Twitter with 118 million tweets over 12 months to July 2020
While beauty has long been associated with the likes of image- and video-led social media platforms such as Instagram, Snapchat and TikTok, Twitter is no stranger to the industry, according to a report published by Ad Week.
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Younique names Kristi Hubbard CEO
Younique has named Kristi Hubbard Chief Executive Officer. Hubbard has held the role of President since July this year and her transition to CEO was envisaged at the time she joined the company, Younique said in a statement.
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The Estee Lauder Companies ushers in hassle-free gift option for online shoppers
The Estee Lauder Companies has partnered with SmartGift in order to make the online shopping experience for gifts a breeze this holiday season.
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Hemp Synergistics debuts two new CBD lines
Hemp Synergistics has announced the launch of two D2C CBD-based lines, Pure Synergistics and Lily + Rein, according to a report published by Bevnet.
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Walgreens Boots Alliance names first African American woman to Board
Walgreens Boots Alliance has announced the appointment of Valerie Jarrett to its Board of Directors and to the Board’s Audit Committee and Compensation and Leadership Performance Committee, effective immediately.
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e.l.f. Beauty reports Q2 2020 net sales increase
e.l.f Beauty has reported a 7 percent year on year net sales growth to $72.4 million for the three months ending 30th September, 2020.
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