March 2024
The winners of Cosmoprof & Cosmopack Awards 2024 have been finally announced
March 23rd, 2024 – The best 2024 beauty products have been unveiled at Cosmoprof Worldwide Bologna. Yesterday, Friday, March 22nd, the 6th edition of Cosmoprof & Cosmopack Awards, the “Oscars of Beauty” in collaboration with the international agency BEAUTYSTREA, was celebrated. They celebrated the excellence of the cosmetic industry among the exhibitors of Cosmoprof Worldwide […]
Walgreens Boots Alliance Q2 2024: sales up 6.3 percent but loss per share hits US$6.85
THE WHAT? Walgreens Boots Alliance has reported its results for the second quarter of fiscal 2024. The drugstore owner saw sales increase 6.3 percent year-on-year to US$37.1 billion, (+5.7 percent on a constant currency basis). THE DETAILS However, second quarter operating loss was US$13.2 billion compared to an operating income of US$197 million in the […]
KraveBeauty hits shelves in Sephora Southeast Asia
THE WHAT? KraveBeauty is launching in bricks and mortar stores for the first time. The ‘slow skin care’ brand will hit shelves in 39 Sephora Southeast Asia locations across Malaysia, Thailand and Singapore from April. THE DETAILS According to a report published by WWD, the brand makes its debut with 6 SKUs. As a ‘minimal’ […]
Apotek Hjartat bans sale of anti-ageing products to under 15s
THE WHAT? Swedish pharmacy chain, Apotek Hjartat has announced that it will usher in age restrictions on skin care products containing ‘advanced’ anti-ageing ingredients such as AHA and BHA acid, vitamin A and vitamin C. THE DETAILS According to a report published by The Guardian, the retailer, which has 390 branches across Sweden, will require […]
Ulta announces plans to launch in Mexico next year
THE WHAT? Ulta Beauty has announced plans to launch onto the Mexican market next year. The US beauty chain has entered into a Joint Venture with Axo in order to facilitate its international expansion. THE DETAILS According to a report published by Retail Dive, the move has been motivated by the success of Ulta’s border […]
Clinique launches on Amazon Premium Beauty store
THE WHAT? The Estee Lauder Companies has announced that it is launching its Clinique brand on Amazon’s US Premium Beauty store. The skin care brand is the first of a ‘select few brands’ within ELC’s portfolio to open a storefront on the e-commerce platform. THE DETAILS Shoppers will be able to browse and order […]
SCC Madam C.J. Walker Scholarship, sponsored by Mary Kay, Inc.
New York, NY (March 28, 2024) — The Society of Cosmetic Chemists (SCC) is pleased to announce the acceptance of applications for the 2024 Madam C.J. Walker Scholarship. Two $5,000 scholarships, sponsored by Mary Kay, Inc., will be awarded. The application period is now open and will close on May 17, 2024; visit scconline.org/WalkerScholarship. “Honoring […]
GEKA LAUNCHES BREAKTHROUGH MATERIAL INNOVATION
GEKA launches first ever formulation compliant recycled polypropylene material suitable for cosmetics packaging GEKA, medmix’s beauty brand, is revolutionizing the cosmetics packaging market with a breakthrough material innovation in sustainable cosmetics. The first ever bulk and formulation compliant post-consumer-recycled (PCR) polypropylene (PP) material suitable for primary cosmetic packaging. The new material provides unprecedented color brilliance, […]
IFRA signs Antwerp Declaration – Global Cosmetics News
THE WHAT? The International Fragrance Association has joined more than 700 signatories to the Antwerp Declaration for a European Industrial Deal, which calls for an EU industrial strategy to complete the EU Green Deal. THE DETAILS The Antwerp Declaration calls on Member State governments, the next European Commission and European Parliament to undertake a series […]
Mumbai leapfrogs Beijing to become Asias capital of billionaires
THE WHAT? The healthy competition between India and China just stepped up a gear as Mumbai has been announced as the Asian capital with the highest number of billionaires. The Indian finance center now houses 92 billionaires, compared to Beijings 91 and Shanghais 87. THE DETAILS According to a report published by CNBC, the Hurun […]