L’Occitane Q2: Recovery could be around the corner as net sales decline narrows
L’Occitane has announced its results for the second quarter of the current financial year (FY2021). The group reports that recovery is on the horizon as its net sales decline has narrowed significantly from 22.2 percent in Q1 to 4.5 percent this quarter. As a result, sales were down 13.1 percent to €616.6 million for the six months ended September 30, 2020.
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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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Scotland becomes first nation to offer free tampons for all
Scotland has become the first country worldwide to offer free sanitary provisions for those that need it, a landmark move that follows a four-year campaign.
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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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ECJ rules on free movement for CBD
The European Court of Justice has ruled that CBD is not classified as a narcotic and therefore can benefit from the same free movement of goods between EU Member States that other legal products enjoy, according to a report published by Hemp Today.
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Beiersdorf debuts new face care brand Chaul in South Korea
Beiersdorf has announced the launch of its first brand to be developed exclusively for the Asian market. Chaul, as the face care line has been dubbed, is billed as ushering in a new type of facial care range – ‘mindful skin care’ – in the premium segment.
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Unilever research finds mouthwash technology could help reduce coronavirus transmission
Unilever has unveiled new research that show that a mouthwash containing CPC technology can reduce the viral load of SARS CoV-2, the virus that causes Covid-19.
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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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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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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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Cannabis company Flora Growth Corp’s beauty division Flora Beauty has signed a distribution deal with the largest Latin America retailer, Falabella.
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Pay day is every day: Holland & Barrett revolutionises payroll with instant access function
Holland & Barrett has launched a revolutionary pay roll perk. Employees of the health and well-being store will be able to access their earned pay whenever they require it, according to a report published by Essential Retail.
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L’Oréal embraces good bacteria with Micreos license
L’Oréal and Dutch biotech firm Micreos have announced the signing of a license agreement to join their expertise in biotechnology and the skin microbiome.
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Postmates launches retail platform for instant delivery across LA
Postmates has announced the launch of a new platform offering users instant delivery from LA-based apparel, homeware, beauty and wellness stores, according to a report published by CNBC.
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Bobbi Brown launches new make-up brand
Following her departure from her eponymous Lauder-owned brand, make-up artist Bobbi Brown has announced the launch of a new venture. Jones Road is Brown’s first foray into cosmetics since she quit her namesake brand in October, 2016.
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Magic Johnson’s Uncle Bud hemp and CBD brand enters China via Tmall partnership
The Uncle Bud hemp and CBD brand has entered the Chinese market via a partnership with Alibaba-owned Tmall.
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Estee Lauder takes its breast cancer campaign virtual
The Estee Lauder Companies’ signature brand is hosting a virtual breast self-check as part of its Breast Cancer Awareness Month initiative.
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Global wellness industry booms as shoppers make self care a priority
The wellness economy is worth US$4.5 trillion and is growing at twice the rate of the wider economy, says Ogilvy in its Wellness Gap study. Some 77 percent of those surveyed said that wellness is very or extremely important to them.
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We’ll create 25 billion-dollar brands: LVMH Group Chairman to set up Asia-focused private equity fund
Chairman Emeritus of L Catterton Asia and Group Chairman, LVMH South and South East Asia and Australia & New Zealand, Ravi Thakran is poised to launch his own private equity fund, according to a report published by the Financial Times.
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Givaudan reports ‘minimal disruption’ as sales rise 3.7 percent like-for-like in Q3
Givaudan has reported its results for the first nine months of 2020. The Swiss flavors and fragrances giant saw sales rise a respectable 3.7 percent like-for-like to CHF4,790 million, despite the ongoing GVC.
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Pantone period stunt backfires as women contest color
Last week Pantone announced that it had partnered with menstrual cup brand Intimina to create a shade dubbed ‘period’ in a bid to normalise menstruation. However, the move appears to have backfired as several social media commentators took to the platform to query the shade chosen.
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Is Femtech the future? Emjoy attracts US$3 million investment
A sexual self-care app that launched earlier this year, Emjoy has attracted some US$3 million in seed funding in a round led by JME Ventures, according to a report published by TechCrunch.
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Gwyneth Paltrow poses naked in tasteful snap to promote Goop skincare
Gwyneth Paltrow has posed naked in a tasteful Instagram photo to celebrate her 48th birthday, while also giving a shout out for Goop’s new skincare offering.
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Gwyneth Paltrow to front campaign for anti-wrinkle injection
Merz Aesthetics has announced a partnership with Gwyneth Paltrow for the launch of the company’s first global campaign for Xeomin, a patented anti-wrinkle injection for frown lines.
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