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Roblox tightens parental controls after Hindenburg brands game ‘a pedophile hellscape for kids’ - Global Cosmetics News
Roblox has announced the launch of new parental controls and gatekeeping features. The videogame was branded ‘a pedophile hellscape for kids’ by Hindenburg Research in October, and its creator charged with ‘compromising child safety in order to report growth to investors’.
Claire’s launches fragrance line for ‘Gen Zalpha’ - Global Cosmetics News
Claire’s is beefing up its beauty offer with a new line of fragrance and body care products aimed at ‘Gen Zalpha’. C by Claire’s, as the new range has been named, features foaming moisturizers, bath and body scrubs, hair and body mists and fragrances.
Drunk Elephant announces voluntary recall of three products in US - Global Cosmetics News
Drunk Elephant has announced a voluntary recall of ‘a small number of lots’ of three products in the US. Affected products include set batches of Beste No.9 Jelly Cleanser, Protini Polypeptide Cream and Lala Retro Whipped Cream.
Lancome names Olivia Rodrigo as Global Brand Ambassador - Global Cosmetics News
Lancome has named Gen Z icon, Olivia Rodrigo as its newest Global Brand Ambassador. The singer-songwriter will be the face of exciting new launches and campaigns to be announced in the near future, the L’Oreal-owned brand said.
Yatsen Q3 2024: revenue drops 5.7 percent to RMB677 million - Global Cosmetics News
Yatsen has reported its results for the third quarter of fiscal 2024. The Chinese owner of Eve Lom saw net revenues drop 5.7 percent to RMB677 million. Gross profit inched up 0.2 percent to RMB513.8 million and gross margin increased 75.9 percent to 71.4 percent.
Korean duty free sales suffer as Chinese tourists spend on home turf - Global Cosmetics News
Four of South Korea’s largest duty-free operators, Lotte, Shilla, Hyundai and Shinsegae, posted losses for the third quarter of fiscal 2024 despite climbing passenger numbers – the first time all four have posted losses in a single quarter since 2022.
Violet Grey partners with Hirshleifers - Global Cosmetics News
Violet Grey has announced a partnership with Hirshleifers. The beauty retailer will curate a selection of products for the Manhasset department store’s community, which includes products from Susanne Kaufmann, Le Labo and Perfumehead, among others.
Employee satisfaction soars at Ma:nyo following flexible working offer - Global Cosmetics News
K-beauty brand Ma:nyo has hailed a flexible working program that runs contrary to South Korea’s prevailing office culture, which demands long hours and unwavering loyalty from its staff, as a resounding success. The skin care brand ushered in the program some two years ago.
EU slaps Meta with €798 million fine - Global Cosmetics News
The European Union has issued Meta with a €798 million fine for anti-trust violations. The social media platform has been ordered to cease tying its classified ads service to Facebook, and desist imposing unfair trading conditions on rival pre-loved marketplaces.
Shiseido makes changes to Board - Global Cosmetics News
Shiseido has nominated two new Board members following the retirement of incumbents Masahiko Uotani and Hiroshi Ozu. Ayako Hirofuji will be named Representative Corporate Executive Officer and Director, while Yasuhiro Nakajima will take on the role of External Director, effective January, 2025.
OneSkin closes Series A funding round - Global Cosmetics News
OneSkin has closed an over-subscribed Series A funding round led by Selva Ventures. Plus Capital, Unilever Ventures, Able Partners, SOSV and Meta Planet were also named as participants. This latest injection of funds brings the biotech brand’s total to US$20 million.
Australian demand for coconut oil booms; Philippines to ship extra 30,000 metric tons - Global Cosmetics News
Demand for coconut oil is booming in Australia, or so says The Philippines’ increasing exports of the commodity down under. The Asian country is said to be shipping an extra 30,000 metric tons of high-quality coconut oil per year to cater to consumer and industrial need.
Nigeria’s FDA declares Nivea deodorant free from ‘harmful chemicals’ - Global Cosmetics News
Talking ingredients, Nigeria’s National Agency for Food and Drug Administration and Control (NAFDAC) has published an update to an alert notifying Nigerians of a recall for Nivea’s Black&White Invisible roll-on deodorant. The regulatory body has now declared that products manufactured in Nigeria are safe to use.
Norwest purchase minority stake in scalp health brand Divi - Global Cosmetics News
Divi Scalp & Hair Health has announced that is has secured a minority investment from Norwest. Founders Dani Austin and Jordan Joseph Ramirez, both plan to remain actively involved in the next chapter of the Divi story as the brand scales to a household name.
The Honest Company raises outlook following strong Q3 2024 results - Global Cosmetics News
The Honest Company has reported its results for the third quarter of the current financial year. The clean beauty and household products brand delivered record revenue of US$99 million, up 15 percent on the prior-year quarter.
The Estee Lauder Companies UK & Ireland President to retire - Global Cosmetics News
The Estee Lauder Companies has announced the planned retirement of Sue Fox, President UK & Ireland, effective June 30, 2025. Her successor has been identified, Lauder said, and will be announced in due course. Fox will partner with this leader to ensure a smooth succession.
Is China bouncing back? Alibaba reports booming beauty sales for Singles Day 2024 - Global Cosmetics News
Alibaba has released its sales figures for its annual shopping extravaganza, Singles Day. The Chinese e-commerce platform claimed that this year’s festival was its ‘biggest yet’ with beauty sales. in particular, described as buoyant.