e.l.f. Beauty has signed a definitive agreement to acquire Naturium, a fast-growing skin care brand for USD 355 million in a combination of cash and stock. Naturium was launched in 2019 by Los Angeles-based brand accelerator, The Center. In 2020,…
US beauty industry sales continue to rise through the first half of 2023, Circana reports. Lip makeup was the fastest-growing product category across both prestige outlets and mass merchants U.S. prestige beauty industry sales amounted to USD 14 billion in…
Already marketing premium perfumes and other beauty products in Brazil, the multinational wants to strengthen its presence in the country by tapping into the mass perfumery segment, which represents the largest share of the local market. Coty already markets in…
Osmo, a start-up launched in January 2023 to create new perfume molecules and scents by combining machine learning, data science, psychophysics, olfactory neuroscience, electrical engineering, and chemistry, has hired renown independent perfumer Christophe Laudamiel. Laudamiel will help guide the startup…
Inolex has joined the not-for-profit organization founded by Arkema, BASF, Jayant Agro-Organics Ltd, and Solidaridad. The Sustainable Castor Association (SCA) is focused on enhancing the environmental, social, and economic profile of castor farming throughout the supply chain. The aim is…
The L’Oréal Groupe’s professional make-up brand has appointed beauty industry veteran Denée Pearson to Global Brand President, effective September 1, 2023. Pearson will succeed Yann Joffredo, who has served as the Global Brand President since 2018. With more than 20…
The online platform that offers beauty entrepreneurs in North America to create their own branded products in a few quick clicks has closed a USD 2 million seed funding round. The company aims to serve emerging independent beauty brands with…
After selling Aesop to L’Oréal for USD 2.5 billion, the Brazilian cosmetics giant could now part ways with The Body Shop, which it acquired in 2017… from L’Oréal. Natura &Co announced today that the Board of Directors has authorized the…
There’s no shortage of summer beauty trends inspired by food or drink, that herald the end of austerity in make-up. “Honey lips,” with their sweetly evocative name, mark the return of luscious, glistening lips — a look that had faded…
The company, which specializes in the conversion of plant-derived resources into chemical compounds used in many cutting-edge fields such as cosmetics and energy, has raised its industrial ambitions. In order to meet the expectations of its partners in terms of…