Geiger Eyes Privatizing L’Occitane Amid Market Shifts
Reinold Geiger, the controlling shareholder of L’Occitane International SA, is discussing potentially privatizing the skincare company at a roughly $6.5 billion valuation.
Kao Corporation Reports Mixed Financial Results Amid Market Challenges
Kao Corporation reported a modest 0.6% increase in net sales from the previous year, totalling 738.5 billion yen.
Audrey Choi Elected to 3M’s Expanded Board
3M has elected Audrey Choi, previously the Chief Sustainability Officer and Chief Marketing Officer at Morgan Stanley, to its Board of Directors.
Israeli Court Rejects Trademark Claims Against Oil De Lamor
‘Oréal, Coty & Revlon have lost a lawsuit against Israeli company Oil De Lamor for allegedly selling perfumes resembling their scent and name brands.
From Paris to São Paulo: Lancôme Dips Its Toes in Brazil’s Spa Waters
L’Oréal-owned Lancôme has established a new hotel spa in São Paulo, marking its debut in the Latin American spa market.
Amyris Files for Chapter 11 Bankruptcy
Amyris, Inc., a biotechnology firm, files for Chapter 11 bankruptcy and is undergoing operational and financial restructuring as a part of its strategic transformation.
Olaplex’s Forecast Tangles with Competition
Olaplex Holdings Inc. has revised its annual sales forecast downward due to reduced demand and growing competition.
One Million Moms Boycotts Aveeno
One Million Moms has expressed concern over an Aveeno Kids’ shampoo advertisement featuring a young boy dressed as a “ballerina astronaut.”
Push for Texture-Inclusive Cosmetology Training
The Professional Beauty Association (PBA) and the Texture Education Collective (TEC) collaborate to promote texture-inclusive legislation in New Jersey.
Redken Debuts in Indian Market
Redken, a leading professional hair brand from the US, has entered the Indian market.
LATEST NEWS
