Canada’s largest cosmetic manufacturer, Groupe Marcelle, is celebrating its 75th anniversary this year. Created in 1949, the family-owned company has grown from a local Montreal pharmacy into a cosmetic powerhouse with a national presence. Today, Groupe Marcelle markets four brands…
Investment funds KPS Capital Partners has announced the sale of global supplier of metal packaging Eviosys to South Carolina-based packaging giant Sonoco Products Company for EUR 3.615 billion (or approximately USD 3.9 billion). Sonoco has the option, under certain circumstances,…
Investment firm L Catterton has acquired a majority ownership in Californian beauty and wellness brand Stripes Beauty. Financial details of the operation have not been disclosed. Launched in 2022, Stripes Beauty was founded by actress Naomi Watts, in partnership with…
Taiki Europe, manufacturer of beauty application products, presented a host of innovations on 29 and 30 May at the MakeUp in Paris trade show. Reusable eye patches, mini puffs, micro-needle patches… Reusable eye patches, mini puffs, micro-needle patches… Taiki’s new…
In the UK, dark-skinned content creators earn almost 45% less than light-skinned ones, according to a study conducted in the UK by talent management agency SevenSix. Hair type and age also have an important influence. Conducted from March to May…
Korea’s beauty giant Amorepacific has appointed Giovanni Valentini as the new CEO of its North America Regional Headquarters, effective June 1, 2024. Amorepacific intends to further accelerate growth in the North American market. In this role, Valentini is tasked with…
The Fashion Institute of Technology (FIT), a college of the State University of New York (SUNY), has announced the opening a new research center for the beauty industry. Dubbed The Beauty Center at FIT, the new facility dedicated to global…
For their new original ritual Les Bases à Parfumer, Cartier has engaged TNT Group with the design and manufacture of the cap for the bottle of L’Huile Pure, the twin product of La Crème Pure — two olfactory neutral bases…
The Deep Purple project, funded by the European Commission, has successfully developed cosmetic formulations derived from bio-waste. This initiative utilizes an innovative process that uses the biogas from the anaerobic digestion of the organic fraction of municipal solid wastes as…
IBG (Innovative Beauty Group), a global provider of turnkey beauty solutions, has been acquired by Fremman Capital, a European private equity firm. Comprised of Orchard Custom Beauty, Fasten Packaging and Roberts Beauty, IBG provides full service solutions for mass and…