News

THE WHAT? Henkel has announced that, based on the ‘very good’ business performance in the year to date, it is raising the outlook for the current financial year. Organic sales growth is now expected to be between 2.5 percent and 4.5 percent (up from the previous 2 to 4 percent range). THE DETAILS The Consumer […]

THE WHAT?   Dabur India, a prominent player in the consumer goods sector, has reported a notable 16.2% increase in fourth-quarter profit, exceeding analyst expectations due to strong domestic demand and decreased operational costs. THE DETAILS  For the quarter ending March 2024, Dabur India announced a net profit of 3.50 billion rupees ($41.9 million), up […]

THE WHAT?  Olaplex has reported a continued downturn in its sales, with a 13.1 percent decrease in net sales down to $98.9 million in the first quarter of 2024. The decline is largely attributed to the brand’s strategic decision to reduce the number of its distributors to combat product diversion. THE DETAILS  During its latest […]

THE WHAT?   The Personal Care Products Council (PCPC) has announced the election of David Greenberg as the new board chair, effective May 2024. Greenberg, the current CEO of L’Oréal USA and president of the North America Zone, is recognized for his extensive background and significant contributions to the beauty and personal care industry over […]

THE WHAT?   The U.S. Food and Drug Administration (FDA) has missed its own deadline to propose a ban on formaldehyde in hair relaxers, a decision that was initially set for April 2024. This chemical is commonly found in hair-straightening products predominantly used by Black women, which have been linked to significant health risks, including […]

THE WHAT?   Greenpeace UK has significantly escalated its campaign against Unilever, targeting the conglomerate’s plastic usage policies at its Annual General Meeting (AGM) held at the Hilton London Bankside. The environmental group’s dramatic demonstration coincided with the release of new polling data indicating broad support for Unilever to address its plastic pollution. THE DETAILS  […]

THE WHAT?   Supermodel and entrepreneur Kate Moss has officially launched her wellness brand, Cosmoss, at the renowned Beauty Hall of Liberty department store in London. This marks a significant expansion for the award-winning brand into one of the city’s most iconic retail destinations. THE DETAILS   The launch event saw enthusiastic crowds gather in […]

THE WHAT?   Model, activist, and entrepreneur Bella Hadid has officially introduced her innovative fragrance brand, ‘Ôrəbella, to the beauty market. This groundbreaking launch occurred on May 2nd on Orebella.com, with an exclusive retail debut set for May 10th at Ulta Beauty. ‘Ôrəbella promises a new direction in perfumery, dubbed the “skinification of fragrance,” with […]

THE WHAT?   Puig, a venerable name in the beauty and fashion industry, has introduced a new company logo that honors its storied past while looking forward to a vibrant future. This redesign, in collaboration with the French art and design agency M/M (Paris), encapsulates Puig’s dedication to creativity and its core cultural values. THE […]

THE WHAT?  Inter Parfums, Inc. (NASDAQ: IPAR) has announced a positive start to the year with first-quarter net sales reaching $324 million, a 4% increase from $312 million in the first quarter of 2023. This growth comes amid a dynamic period in the fragrance market, characterized by both emerging opportunities and substantial challenges. THE DETAILS […]