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Olay has broken into the minimal beauty category with a new 3-in-1 cleansing pad that it is describing as ‘a new way to wash your face’ and promises to cleanse, tone and refresh in one simple step.
Mother Science has closed a US$3.5 million funding round, led by Greycroft. Under the terms of the deal, Greycroft Partner, Katherine Power will join the skin care brand’s Board of Directors. The funds will be invested in R&D, further innovation, product launches and team growth.
The Centers for Disease Control and Prevention have published a report revealing that three women contracted HIV following a vampire facial at a spa in New Mexico. The cases are thought to be the first documented HIV transmissions from a cosmetic procedure.
L’Oreal Paris China has partnered with McCann China and a series of celebrities to narrate the story behind the brand’s infamous slogan. The brand has also invited a series of ordinary Chinese women to share their interpretation of the ‘I’m Worth It’ tagline.
The Estee Lauder Companies has reported its results for the third quarter of fiscal 2024. The US prestige beauty manufacturer saw net sales rise 5 percent yoy to US$3.94 billion. Organic net sales grew 6 percent versus the prior year quarter, due to double-digit growth in Europe, the Middle East and Africa and stronger sales in Asia travel retail.
Lush Korea has struck a deal with the Ministry of Agriculture, Food and Rural Affairs to up its use of locally sourced ingredients. The pair signed a memorandum of understanding which will see the ethical cosmetics brand use locally grown beans and pulses in beauty products.
Procter & Gamble has awarded its Partner of the Year award to 12 companies and granted its 2024 Supplier Impact Award to five suppliers for their industry-leading efforts to create business value whole serving people and the planet.
The Estee Lauder Companies and Microsoft have announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging cutting-edge generative AI capabilities in Microsoft Azure OpenAI Service, the companies will work together to develop solutions that further empower ELC’s brands.
Kylie Cosmetics has announced its launch in India. Partnering with House of Beauty, a first for the Coty-backed brand, Jenner’s infamous lip kits will be sold in 25 Sephora India stores nationwide and online via Sephora’s dedicated e-commerce site.
L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand.
Kering Beaute has announced the appointment of Alexandre Choueiri to the newly created role of President and CEO, Americas. Choueiri joined the company in October last year from L’Oreal Luxe as President at House of Creed Latin America.
L’Oréal has reaffirmed its commitment to promoting only age-appropriate skincare products for children, emphasizing that the primary focus should be on basic hygiene, personal care, and specific skin conditions such as eczema and acne.
In a landmark ruling, Johnson & Johnson and its spinoff, Kenvue Inc., have been ordered to pay US$45 million to the family of Theresa Garcia, an Illinois woman who attributed her fatal cancer to the companies' talcum-based baby powders.
Standards Australia has released an updated sunscreen standard, AS/NZS 2604:2021, setting new benchmarks for sunscreen testing and labeling to ensure products sold in Australia and New Zealand meet international quality guidelines.
PZ Cussons, the multinational company behind Imperial Leather, has announced strategic shifts including the sale of its St Tropez self-tanning brand and a thorough review of its operations in Africa, particularly in response to economic challenges in Nigeria.
Reinold Geiger, billionaire owner of L’Occitane International SA, is reportedly nearing a bid to privatize the skin-care giant in a deal that could value the company at approximately US$7 billion, including debt.
Allergan Aesthetics is inviting consumers to put themselves forward as the next face of its Botox and Juvederm brands. Existing patients and those considering aesthetic treatment can apply for a chance to be included in future campaigns.
The Estee Lauder Companies (ELC) has announced a partnership with Strategic Materials (SMI) to advance packaging sustainability. The duo has completed a multi-year study to identify ways to enhance recyclability of cosmetic glass packaging and the availability of recycled materials.
Kao is aiming to achieve plastic packaging net zero waste by 2040 and negative waste by 2050 for plastic containers used and discharged in its business activities. The J-beauty manufacturer will reduce plastics used in its business activities as much as possible and then recycle plastic waste generated in society.
Primark has announced that it will expand its Click + Collect service to all stores in Great Britain by the end of 2025 following a successful 18-month trial. The retailer will begin to roll out Click + Collect across all 184 stores in England, Scotland and Wales later this year.
BASF has agreed to buy 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms for an undisclosed sum. The Nordlicht wind project is being built in the German North Sea without state subsidies and boasts a total installed capacity of 1.6 gigawatts – Vattenfall’s largest offshore wind farm to date.
LG Household & Health Care has launched a program designed to prevent bullying in schools. The School, smile! Initiative made its debut in seven schools across South Korea and is designed to teach emotional intelligence.