THE WHAT? The US FDA has clarified that in-vitro diagnosis products (IVDs) are devices under the Food, Drug and Cosmetic Act, including when the manufacturer of the IVD is a laboratory. THE DETAILS The change has been prompted by the wider use of laboratory developed tests (LDTs) for a larger and more diverse population. Furthermore, […]
THE WHAT? Kering Beaute has announced the appointment of Alexandre Choueiri to the newly created role of President and CEO, Americas. Choueiri joined the company in October last year from L’Oreal Luxe as President at House of Creed Latin America. THE DETAILS Prior to his role at Creed, Choueiri spent almost two decades working […]
THE WHAT? Kylie Cosmetics has announced its launch in India. Partnering with House of Beauty, a first for the Coty-backed brand, Jenner’s infamous lip kits will be sold in 25 Sephora India stores nationwide and online via Sephora’s dedicated e-commerce site. THE DETAILS The launch collection includes Matte and Velvet Lip Kits, Precision Pout Lip […]
THE WHAT? Cosmetic Executive Women (CEW) held its annual Achiever Awards to acknowledge eight leaders who are shaping the industry. The Visionary Awards will follow with a live event in Santa Monica next week. THE DETAILS This year’s honorees included Jenny Belknap; SVP, Enterprise Marketing & Portfolio Strategy, North America at The Estée Lauder Companies; Maria […]
THE WHAT? The Estee Lauder Companies and Microsoft have announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging cutting-edge generative AI capabilities in Microsoft Azure OpenAI Service, the companies will work together to develop solutions that further empower ELC’s brands. THE DETAILS The duo has successfully created […]
THE WHAT? L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. THE DETAILS In 2023, Kiko recorded net revenue of approximately €800 million and nearly […]
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 […]
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 […]
THE WHAT? In a significant legislative move, the European Parliament approved rules aimed at banning the sale, import, and export of goods within the EU that are made using forced labor. This decision underscores a growing legislative trend toward reinforcing human rights within global trade practices. THE DETAILS This legislation, driven by concerns over […]
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 […]
