Jaclyn Cosmetics becomes latest casualty of Forma Brands bankruptcy
Jaclyn Hill has announced that her make-up brand is closing ‘for the foreseeable future’. The YouTube influencer’s eponymous line is the latest casualty of the collapse of owner, Forma Brands.
China’s Hi!Papa closes Series A+ funding round
Chinese cosmetics brand, Hi!Papa has closed a Series A+ funding round led by L Catterton. Financial terms were not disclosed. The investment will help the Gen Alpha-focused line further scale in the country’s rapidly growing kids personal care market.
Inflation, what inflation? Superdrug slashes prices by up to 50 percent
AS Watson-owned Superdrug has announced sweeping price cuts across its own ranges. The UK drugstore chain said that it was bringing in permanent reductions of up to 50 percent for some 150 items across its private label brands.
Sephora unveils birthday gift offer for 2024
Sephora has unveiled its birthday gift offer for 2024 for US and Canada. The gifts are available to the LVMH-owned retailer’s Beauty Insider members during their birthday month and can be redeemed in store for free on online with a minimum purchase.
Charlotte Tilbury to hit shelves in Ulta Beauty stores across the US
Charlotte Tilbury is set to hit shelves in some 600 Ulta Beauty stores across the US. The Puig-owned brand will join Ulta’s make-up assortment, which includes fellow prestige brands Fenty Beauty and Pat McGrath.
Can a robot apply lashes? LUUM Precision launches beauty experience automation pilot with Ulta Beauty
LUUM Precision has announced the launch of its first commercial pilot with Ulta Beauty. The technology helps create personalized lash extensions via a combination of AI and robotics and is said to have invented an entirely new beauty category: beauty experience automation.
Chanel opens first Fragrance & Beauty store in Mumbai
Chanel is said to have cut the ribbon on its first Fragrance & Beauty location in Mumbai. The French luxury label’s new store is situated at the Phoenix Palladium Mall and is the third such location in India.
LVMH founder receives Grand Cross of the Legion of Honor
Bernard Arnault has received France’s highest civilian award; the Grand Cross of the Legion of Honor. The LVMH Founder was decorated in the annual New Year’s Day honors list.
Direct Selling Association names Board Chair
The Direct Selling Association (DSA) has announced the appointment of Ayo Olaseinde as Chair of its Board. Olaseinde joined the DSA Board in 2023 and takes on the role alongside his position as President at Saladmaster.
Influencers need not apply; True Botanicals names Jessica Chastain brand ambassador
True Botanicals has announced Jessica Chastain as its latest brand ambassador. The Oscar-winning actor will front a campaign for the brand’s recently launched Phyto-Retinol Sleep Serum.
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