17 Jun, 2024

Laneige Appoints Travel Creator Won Ji as Brand Ambassador for Cream Skin

THE WHAT?   Laneige, a leader in functional beauty innovations, has announced the appointment of travel creator Won Ji as the new brand ambassador for its flagship product, the Cream Skin Cerapeptide™ Refiner. Known for her popular YouTube channel ‘Won Ji’s Day’ and her engaging presence on various entertainment programs, Won Ji brings a significant […]

1 min read

L’Oréal Champions Age-Appropriate Skincare, Advocating Against Anti-Aging Products for Children

THE WHAT?   L’Oréal has reaffirmed its commitment to promoting only age-appropriate skincare products for children, emphasizing that the primary focus should be on basic hygiene, personal care, and specific skin conditions such as eczema and acne. This approach ensures that products targeted at younger consumers prioritize essential skin health over cosmetic enhancements. THE DETAILS […]

1 min read

Unilever Agrees to US$2 Million Settlement Over Benzene-Contaminated Suave Deodorants

THE WHAT?   Unilever has agreed to a US$2 million settlement to resolve allegations that its Suave brand aerosol deodorants were contaminated with benzene, a known carcinogen. This settlement comes after claims that consumers were exposed to the harmful chemical in products purchased between January 1, 2018, and March 7, 2024. THE DETAILS    The […]

1 min read

Galderma Reports Strong First-Quarter Growth, Shares Climb on Positive Outlook

THE WHAT?   Swiss skincare giant Galderma has announced a robust first-quarter net sales figure of US$1.071 billion, marking a 12.4% increase year-on-year. This positive financial update is the company’s first since its recent debut on the Swiss stock exchange. THE DETAILS   Following the announcement, Galderma’s shares surged over 3%, reflecting investor confidence in […]

1 min read

Australia Updates Sunscreen Standards to Align with Global Best Practices

THE WHAT?   Standards Australia has released an updated sunscreen standard, AS/NZS 2604:2021, setting new benchmarks for sunscreen testing and labeling to ensure products sold in Australia and New Zealand meet international quality guidelines. The updated standard, which was published in 2021, has received broad support from industry stakeholders and the public, facilitated by comprehensive […]

1 min read

PZ Cussons to Divest St Tropez Brand and Reevaluate African Operations Amid Financial Strain

THE WHAT?   PZ Cussons, the multinational company behind Imperial Leather, has announced strategic shifts including the sale of its St Tropez self-tanning brand and a thorough review of its operations in Africa, particularly in response to economic challenges in Nigeria. This decision follows a comprehensive review aimed at sharpening the company’s focus on more […]

1 min read

L’Occitane’s Billionaire Owner Reinold Geiger Eyes Taking Company Private in a Potential US$7 Billion Deal

THE WHAT?    Reinold Geiger, billionaire owner of L’Occitane International SA, is reportedly nearing a bid to privatize the skin-care giant in a deal that could value the company at approximately US$7 billion, including debt. Sources close to the matter suggest that Geiger might propose to purchase the shares he does not already own at […]

1 min read