Cosmetics Industry News

L Catterton, the investment firm has acquired a majority stake in Stenders, a premium bath and body company founded in Latvia in 2001 that now operates in 20 countries around the world. Financial details of the company have not been disclosed.

• Stenders

Symrise has announced the opening of its first cosmetic ingredients plant in Chennai, Tamil Nadu, India.

• Symrise

New Nestle boss Laurent Freixe is rumoured to be considering selling his 20% stake in L'Oréal to raise much-needed advertising and marketing investment in hopes of reversing a slide in market share.

• Nestle
• L'Oréal

Amway has made India a priority market and is investing heavily in the country. The direct selling company has significantly increased its spending, allocating $4 million to set up four R&D labs in Guruvram, Chennai, Bengaluru and Dindigul.

• Amway

This article mainly lists different views on talcum powder for women health.

• Talcum powder for women

The L’Oréal Group has partnered with Abolis Biotechnologies and Evonik to discover, develop and produce dedicated sustainable beauty ingredients to achieve L’Oréal’s goal of 95% biobased ingredients in formulations by 2030.

• L’Oréal
• Abolis Biotechnologies
• Evonik

Some studies have linked it to an increased risk of ovarian cancer, especially in women who use talcum powder in their genitals for a long time. There are also studies that show no direct link between talc and cancer risk, is talcum powder carcinogenic?

• Talcum powder carcinogenic

L Catterton has announced the acquisition of a majority stake in Latvian bath and body care brand Stenders. Financial terms of the transaction were not disclosed.

• L Catterton
• Stenders

Vytrus Biotech has announced that its ingredients have been certified Halal, demonstrating its commitment to quality and inclusivity.

• Vytrus Biotech

Branded acquired Heyday to form Essor, a digitally native CPG platform with $400 million in annual revenue and over 1 billion social views.

• Branded
• Heyday
• Essor

Solabia announces that it has acquired a majority stake in PolymerExpert, further strengthening its position in the cosmetics and healthcare markets.

• Solabia
• PolymerExpert

NAFDAC stated on its website that the soap contains 2-(4-tert-butylbenzyl)propionaldehyde (BMHCA). This chemical is banned in cosmetics due to its high potential for health hazards.

• NAFDAC
• Dove

Puig reported net revenues of €2,171 million in H1 2024, up 9.6% (reported), with a gross margin of 75.8%.

• Puig

The much-anticipated deal between Japanese beauty giant Shiseido and skincare brand OSEA has officially fallen through, according to WWD.

• Shiseido
• OSEA

The latest fashion retailer to dip its toe into the lucrative beauty industry is ethical clothing company Nobody's Child, which is launching its new "Goddess Collection" in John Lewis, M&S and Boots.

• Nobody's Child

The German manufacturer of precision cosmetic applicators has applied its micro-bristle technology to the sensory experience of the world of perfume.

• Geka
• perfume gel

Beiersdorf and Macro Biologics, Inc. have entered into a multi-year partnership to jointly develop biodegradable antimicrobial peptides with a wide range of possible applications in skincare and healthcare.

• Beiersdorf
• Macro Biologics
• antimicrobial peptides

Beiersdorf has made its first foray into epigenetic skin science with the launch of an epigenetic serum under the Eucerin brand. The German Nivea maker says the launch paves the way for a skin rejuvenation revolution.

• Beiersdorf
• epigenetic serum

Evonik officially opened its new production of cosmetic emollients, which are produced by enzymatic esterification, at the Steinau plant in Germany.

• Evonik
• enzymatic esterification

The beauty retailer is cutting jobs in the face of a challenging Chinese market amid falling demand. According to the LVMH unit, "less than 3%" of its 4,000 employees in China will face layoffs.

• Sephora