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Johnson & Johnson Ordered to Pay US$966 Million in Latest Talc Cancer Verdict - Global Cosmetics News
A Los Angeles jury has ordered Johnson & Johnson (J&J) to pay US$966 million to the family of a woman who died from mesothelioma, ruling that the company’s talc-based baby powder contained asbestos and caused her cancer.
Former Unilever Prestige Chief Vasiliki Petrou Launches Veralis Group Advisory and Investment Firm - Global Cosmetics News
Vasiliki Petrou, former Executive Vice President and Group CEO of Unilever Prestige, has launched Veralis Group, a new advisory and investment firm focused on beauty, wellness, longevity, and consumer health sectors.
e.l.f. Cosmetics Launches ‘Animal Intelligence’ Campaign Celebrating Pets and Cruelty-Free Values - Global Cosmetics News
e.l.f. Cosmetics has introduced a new campaign titled Animal Intelligence (AI) — a creative twist on artificial intelligence — featuring pets as the stars of its latest community initiative and reinforcing the brand’s cruelty-free stance.
Procter & Gamble to Exit Pakistan, Ending Three-Decade Presence Amid Economic Pressures - Global Cosmetics News
Procter & Gamble (P&G) has announced it will discontinue its business operations in Pakistan, including its Gillette subsidiary, as part of a broader global restructuring and cost-reduction strategy.
Taekwang Targets K-Beauty with Aekyung Industrial Acquisition - Global Cosmetics News
Taekwang Industrial has been named the preferred bidder to acquire a controlling 63 percent stake in Aekyung Industrial for approximately 400 billion won (US$286 million), marking its first major move into the K-beauty sector.
Kao Revamps Cosmetics Strategy with Six Brands and Global Expansion Focus - Global Cosmetics News
Kao Corporation has overhauled its Cosmetics Business strategy, targeting ¥400 billion in sales and a 15% operating margin after 2030, with growth driven by six core brands and three overseas expansion models.