THE WHAT? Charlotte Tilbury, celebrated makeup artist and entrepreneur, is launching a new collection of fragrances designed to evoke a variety of emotions using IFF’s cutting-edge technology. The collection, known as neuroscents, seeks to empower users by enhancing their mood in the same way high-quality makeup or skincare might. THE DETAILS The launch marks a […]
THE WHAT? Germany’s leading department store chain, Galeria Karstadt Kaufhof, is set for a change of ownership after entering bankruptcy protection for the third time in four years. The company plans to keep most of its stores open as stated by the insolvency administrator, aiming to revitalize the chain amidst ongoing financial struggles. THE DETAILS […]
THE WHAT? Macy’s Inc. has appointed Richard Clark and Richard L. Markee as new independent directors, resolving a proxy fight with activist investor Arkhouse Management Co. This resolution ended the investor’s push for a significant overhaul involving nine new director nominees initially proposed for the upcoming shareholder meeting. THE DETAILS Following the appointments, Arkhouse retracted […]
Ah, springtime! The birds are chirping, flowers are blooming, and for many of us, seasonal allergies are in full swing. If you’re anything like me, you know the struggle of dealing with sneezing fits, itchy eyes, and that constant feeling of congestion. Allergies are more than just a nuisance; they can really hold us back […]
THE WHAT? AmorePacific-owned Sulwhasoo has opened a pop-up store celebrating all things Ginseng at Shingsegae’s Centum City branch in Busan. The space is designed to mirror a spa and visitors are invited to experience different facets of the brand’s star ingredient in a variety of spaces. THE DETAILS According to a report published by MK, […]
News Release Inolex granted European patent for safe, sustainable preservation technology And introduces Spectrastat™ CHA, a 100% natural Caprylhydroxamic Acid in powder form PHILADELPHIA PA, April 12, 2024 — European Patent EP3075401B1 Inolex is building on its safe and sustainable preservation platform with a newly issued European patent EP3075401B1 which is directed to paraben-free multifunctional […]
THE WHAT? Kenvue has announced that it is shuttering its Neutrogena office in Los Angeles, resulting in lay offs for 84 staff. The company, which was formerly a part of Johnson & Johnson, is consolidating operations in New Jersey. THE DETAILS According to a report published by Bloomberg, 74 employees have been offered relocation packages. […]
THE WHAT? Indorama Ventures Group CEO, Aloke Lohia has revealed that the company will not be pursuing further mergers and acquisitions, instead, it will focus on reducing its debt, prioritising a strong balance sheet and healthy cash flow over rapid growth. THE DETAILS The Thai petrochemicals supplier plans to reduce interest-bearing debt by US$2.5 billion, […]
THE WHAT? Prose has launched its end-to-end AI platform, Singular. The technology will enable the brand to offer custom beauty at scale using innovative software and hardware. Prose has been using the platform to drive personalization via more than 15 million possible skin care formulas. THE DETAILS Singular comprises four integrated components, Singular ID, which […]
THE WHAT? ID Logistics has announced a new partnership with Wella Company. The contract logistics firm will lead logistics activities for the hair care brand in Brazil with a new national distribution center. THE DETAILS The 12,000m2 facility is located in Extrema, Minas Gerais – close to the countries main commercial hubs and therefore strengthens […]
