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Global Cosmetics News - Daily Cosmetics Industry News
30.06.2025
Givaudan has reached an agreement to acquire a majority stake in Vollmens Fragrances, a Brazilian fragrance company supplying the fine fragrance and personal care sectors.
South Korea’s Supreme Court has upheld a nationwide import ban on cannabidiol (CBD) used in cosmetics, ruling that CBD—regardless of its extraction from hemp stems—falls under the country’s regulated classification of hemp.
Saks Global Enterprises has reached a US$600 million financing agreement with existing lenders as part of a debt restructuring plan that alters repayment terms and creditor priority.
The Global Shea Alliance (GSA) has joined the African Forest Landscape Restoration Initiative (AFR100) as a technical partner.