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.
Sephora cleans up with Environmental Defense Fund partnership
Sephora and Environmental Defense Fund have announced their partnership to advance the removal of toxic ingredients known to cause environmental and health impacts from the LVMH-owned retailer’s beauty products.
Ulta looks to evolve clean and sustainable beauty offering with launch of ‘Conscious Beauty’ program
U.S. retailer Ulta has launched the new Conscious Beauty program, which is said to be a ‘holistic initiative to provide guests greater choices and transparency.’
Wuhan General Group teams up with Jugular to create CBD-based wellbeing line
CBD specialist Wuhan General Group has announced that it has signed a letter of intent to pursue a partnership with Jugular in order to create a specialized division that focuses on marketable innovation within the nutraceutical sector.
South Africa paves way for CBD industry with Notice R586
South Africa’s health minister has published a Notice in the Government Gazette cementing the removal of the cannabis plant from the Schedules to the Medicines Act and down-scheduling THC, therefore paving the way for the CBD-industry to take off in the country, according to a report published by Daily Maverick.
Ulta expands into clean beauty market with Credo partnership
Ulta has announced a collaboration with Credo Beauty, which will see brands carried by the clean beauty pioneer sold in Ulta stores.
Pura to enter US$8.5 billion sun care market with CBD deal
Pura has announced plans to close the acquisition of a CBD-infused sun care line tomorrow. Terms of the deal were not disclosed.
Coty’s Calvin Klein brand scoops Silver Cradle to Cradle award
Coty-owned Calvin Klein fragrances has achieved a Material Health Certificate at Silver level from the Cradle to Cradle Products Innovation Institute for its CK Everyone edt.
Omya closes acquisition of Formulae Development
Omya has announced that it has completed the acquisition of Formulae Development. Terms of the deal were not disclosed.
Boom then Bust? Cannabis companies struggle to maintain cash flow through the crisis
The COVID-19 pandemic could shape up to be an ‘extinction-level event’ for the burgeoning cannabis industry, according to a report published by Bloomberg.
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