
Gwyneth Paltrow closes London-based Goop store after losing £1.4 million in revenue
Actress and wellness entrepreneur Gwyneth Paltrow has closed the London-based branch of her Goop lifestyle store.

Has the CBD bubble burst? Love Hemp calls in the administrators
The UK’s #1 supplier of CBD-based products, Love Hemp has called in the administrators. The wellness brand has been ‘unable to secure a permanent solution for its working capital challenges’.

The Detox Market teams up with Faces to launch in the Middle East
The Detox Market has teamed up with Faces to launch in to the Middle East. The clean beauty marketplace will launch on the Faces website before expanding into bricks and mortar in the second half of next year, according to a report published by WWD.

Puig ups stake in Kama Ayurveda
Puig has consolidated its presence in both the Indian market and wellness category with the announcement that it has purchased a majority stake in Kama Ayurveda.

Cannasouth Bioscience signs supply agreement with WEECO Pharma
Cannasouth has signed an agreement with WEECO Pharma for the supply of cannabis flower from New Zealand into Europe.

Hong Kong mulls CBD ban after third of products found to contain traces of THC
Hong Kong’s Security Bureau is considering adding CBD to its Dangerous Drugs Ordinance, according to a report published by the South China Morning Post.

Former Unilever executive named to Melt Organics Board
One-time Senior Vice President Sales at Unilever Americas, Art Drogue has joined the Board of Directors at Melt Organics.

DSM and Firmenich announce merger
DSM and Firmenich have announced that they have entered into a business combination agreement to establish a leading creation and innovation partner in nutrition, beauty and well-being.

Unilever is set to acquire majority stake in hair wellness brand Nutrafol
Unilever is set to acquire a majority stake in hair wellness brand Nutrafol, which provides hair wellness products.

Vaseline launches database of conditions on skin of color
Unilever-owned Vaseline has teamed up with HUED and VisualDx to launch See My Skin, a database of skin conditions shown on skin of color with a view to improving g healthcare outcomes for people of color.
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