Unilever recalls Suave deodorants after benzene detected
Unilever has announced a voluntarily recall of two Suave 24-hour Protection Aerosol Antiperspirants after an internal review showed slightly elevated levels of benzene in some product samples.
EWG applauds Biden’s FDA budget
The Environmental Working Group has issued a statement applauding President Joe Biden for making the safety of chemicals in food and cosmetics a priority for the Food and Drug Administration’s budget for fiscal 2023.
Macy’s appoints Marie Chandoha and Jill Granoff to its Board
Macy’s has announced the appointment of Marie Chandoha and Jill Granoff to its Board of Directors, effective immediately.
Walgreens Boots Alliance Q2 earnings beat estimates
Walgreens Boots Alliance (WBA) has reported second quarter earnings per share (EPS) from continuing operations of US$1.02, a YOY decrease compared with an EPS of US$1.06.
Cresco Labs set to acquire Columbia Care Inc to become the top US cannabis producer
Cresco Labs is set to become the biggest cannabis producer in the US with the acquisition of rival Columbia Care Inc in a US$2 billion deal – one of the biggest in the industry, according to Reuters.
Country singer Kelsea Ballerini announced as the new face of CoverGirl
Country singer Kelsea Ballerini has been announced as the new face of Coty-owned CoverGirl.
Shopify partners with nine climate tech start-ups via Sustainability Fund
Shopify is supporting nine new entrepreneurial, tech-driven companies through its Sustainability Fund, bringing its total carbon removal purchase commitment to US$32 million.
Beiersdorf Canada names Razorfish its digital Agency of Record
Beiersdorf Canada has named Razorfish as it’s digital Agency of Record (AOR) following a competitive Request for Proposal (RFP), according to Strategy.
Data research and insights company Launchmetrics acquires competitor media planning firm DMR Group
Fashion, luxury and beauty data research and insights company Launchmetrics has acquired competitor media planning firm DMR Group, according to WWD.com.
P&G apologises for ‘sexist’ WeChat ad
Procter & Gamble has backtracked on a campaign it ran on Chinese social media platform WeChat that claimed that women’s feet smell worse than men’s, according to a report published by the South China Morning Post.
Estee Lauder named as exclusive beauty partner for Decentraland’s metaverse fashion week
Estee Lauder was named as the exclusive beauty brand participating in Decentraland’s Metaverse Fashion Week.
Biotherm commits to ‘Blue Beauty’ strategy
L’Oréal-owned Biotherm has announced that it is dedicating itself to Blue Beauty, which it defines as ‘beauty that comes from water and gives back to it’.
Prose teams up with Breezometer to combat pollutants that kill hair
Custom hair care brand Prose has teamed up with BreezoMeter in order to collect data about micro-local pollution levels that impact an individual’s hair and scalp.
Better & Better announces US$4 million funding
Better & Better has announced that it has raised US$4 million in funding in a round led by newly-founded global fund Fifth Quarter Ventures, supported by Will Smith and Keisuke Honda’s Dreamer’s Fund, among others.
Cellular Goods hires former P&G employee as Chief Supply Chain Officer
CBD manufacturer, Cellular Goods has announced the appointment of Nikhil Vijayan to the newly created position of Chief Supply Chain Officer, according to a report published by The Morning Star.
Essie partners with Project UnLonely to help tackle ‘epidemic of loneliness’
Essie has announced its philanthropic partnership in the US with The Foundation for Art & Healing’s Project UnLonely.
Decentraland debuts virtual fashion week
Decentraland has launched what it is claiming to be the first fashion week to be held in the metaverse. The virtual reality platform will showcase new clothing collections from assorted brands this week, according to a report published by Dezeen.com.
L’Oréal Canada creates two strategic leadership roles
L’Oréal Canada has announced the creation of two new strategic leadership roles. Effective immediately, Solenne Lafeytaud has been named Vice President and Chief Corporate Affairs and Engagement Officer and Marie-Evelyne Francois appointed Chief Diversity, Equity and Inclusion Officer.
Is Rihanna’s Fenty Beauty set to enter the Metaverse?
Rihanna’s Fenty Beauty brand is rumoured to be entering the metaverse, with the star filing a trademark to sell the products as virtual cosmetics.
Estée Lauder settles lawsuit with three former staff over automated interview process used to sack them
Estée Lauder has settled a lawsuit brought against it by three former staff after the company used an automated process to fire them, according to City A.M.
Target unveils most sustainable store to date; first Net Zero Energy location
Target has announced the opening of its most sustainable store to date. The site will generate more renewable energy than it needs to operate and will test multiple innovations to reduce the building’s emissions.
Neiman Marcus publishes first ESG report
Neiman Marcus Group has published its first Environmental Social Governance Report, titled, Our Journey to Revolutionize Impact. The paper outlines the department store chain’s 2025 ESG strategy and shares progress to date.
Kao, L’Oréal and Natura &Co are named on World’s Most Ethical Companies list 
Kao, L’Oréal and Natura &Co are just some of the cosmetics companies named on the 2022 World’s Most Ethical Companies Honoree List
Canadian department store Hudson Bay bids for Kohl’s
Canadian department store Hudson Bay is said to be bidding for Kohl’s Corp, according to a source…
L’Oréal receives Moody’s first-time long-term rating of Aa
L’Oréal U.S.A has announced it has received a Long-Term Issuer Credit rating of AA from Standard and Poor’s and an Issuer Rating of Aa1 from Moody’s.
KAO USA offers voluntary recall of Jergens Ultra Healing Moisturizer
KAO USA has offered a voluntary recall of Jergens Ultra Healing Moisturizer 3 oz and 10 oz products over concerns about the presence of Pluralibacter gergoviae.
The Estee Lauder Companies reshuffles Travel Retail leadership as Bottrie retires
The Estee Lauder Companies has announced a series of key leadership appointments following the announcement that Olivier Bottrie, Global President, Travel Retail and Retail Development will retire in June, 2022.
Sephora and Shipt announce partnership
Same-day delivery service Shipt has announced a new partnership with Sephora. The landmark deal sees the LVMH-owned retailer become the first national beauty retailer on the marketplace.
Ulta beats expectations with comparable sales up 21.4 percent
Ulta has reported its results for the final quarter and full year of fiscal 2021. The US retailer saw net sales increase 24.1 percent to US$2.7 billion in the final three months of trading, which it attributed to stronger consumer confidence and fewer pandemic-related restrictions.
Chloe x Halle and Neutrogena champion emerging film talent
Neutrogena Brand Ambassadors, Chloe and Halle Bailey are championing nascent filmmakers via the Johnson & Johnson-owned brand’s First Frame Program, according to a report published by Variety.
Bleach London to hit shelves in Walmart
Following the launch of its first US salon last year, Bleach London has secured a spot on the shelves of one of the world’s largest retailers. WWD reports that the UK hair color brand has signed an exclusive deal with Walmart.
The Estee Lauder Companies suspends all commercial activity in Russia
The Estee Lauder Companies has announced that it is suspending all commercial activity in Russia, including closing every store it owns as well as its brand sites and shipments to retailers based in the country.
Prisoners injected with asbestos in Johnson & Johnson-funded study
‘Unsealed documents’ have revealed that Johnson & Johnson once funded a study in which prisoners were injected with asbestos in order to compare its effect on their skin versus talc, according to a report published by Bloomberg.
Nordstrom Q4 sales and earnings in line with fiscal 2021 outlook
Fashion and beauty retailer Nordstrom has reported a Q4 net sales increase of 23 percent versus the same period in fiscal 2020 and a 1 percent decrease versus the same period in fiscal 2019.
Olivier Bottrie set to retire as the Estée Lauder Companies’ Global President Travel Retail and Retail Development
The Estée Lauder Companies (ELC) has announced that Olivier Bottrie is set to retire from his position as Global President Travel Retail and Retail Development, effective 30 June, 2022.
Revlon reports a Q4 1.8 percent net sales fall
Revlon has reported Q4 net sales of US$615.2 million, down from US$626.6 million in the previous year at a 1.8 percent drop.
CVS files trademark for its pharmacy and health clinics in the metaverse
CVS has filed a patent for its pharmacy and health clinics in the metaverse, with the retailer looking to sell virtual goods, NFTs and provide health care services.
e.l.f Cosmetics launches first jewellery collaboration with Georgina Trevino on NTWRK app
e.l.f. Cosmetics has entered the jewellery market with its first collaboration with celebrity designer Georgina Trevino on the live-streaming shopping app NTWRK.
Walmart moves into luxury space; teams up with Space NK
Walmart has teamed up with Space NK to bring prestige beauty products to Walmart.com and 250 stores across the US this summer.
Ozon warns bond holders of impending delist
Russian e-commerce firm Ozon has warned that its US$750 million 1.875 percent senior unsecured convertible bonds, due 2026, became subject to a ‘delisting event’ at the close of play on March 8, 2022.
Perfect Corp merges with Provident Acquisition Corp
Perfect Corp has announced that it has entered into a definitive agreement with Provident Acquisition Corp for a business combination that would result in Perfect becoming a publicly traded company.
Kohl’s Q4 and FY2021: record eps as revenue grows 21.8 percent
Kohl’s has reported its results for the final quarter and full year of fiscal 2021. In the 12 months ended January 29, 2022, the department store chain saw revenue rise 21.8 percent to US$19,433 million.
Coty’s Wella stake now estimated at US$250 million
Coty has announced that it now expects to receive a shareholder distribution of US$250 million at a minimum from its equity stake in Wella, significantly above the previously announced US$175 million.
Target to invest up to US$5 billion to drive long-term growth
Target has announced its plan to invest up to US$5 billion to continue scaling its operations in 2022.
Beekman 1802 names new CEO
Beekman 1802 has named Jill Scalamandre CEO, replacing Tomei Thomas who will now serve as the company’s COO. Scalamandre serves as Chairwoman of the Cosmetics Executive Women organization and has more than 20 years of experience in leadership roles at global brands including Shiseido, Coty, Avon and Revlon.
Walmart signals wellness is the future with appointment of new head of beauty
Walmart has announced the appointment of Creighton Kiper as Vice President of Merchandising, Beauty, according to a report published by WWD.
Target Q4: 8.9 percent sales rise caps off a ‘year of record growth’
Target has announced its fourth-quarter and full-year 2021 results. The company saw sales grow 8.9 percent in the last three months of the financial year, and digital sales growth of 9.2 percent.
Clorox faces class action suit over alleged ‘forever chemicals’ in Burt’s Bees products
Clorox is facing a class action lawsuit alleging that its Burt’s Bees brand has advertised products as ‘natural’ without disclosing that they contain PFAS or ‘forever chemicals’, according to a report published by Classaction.org.
Bath & Body Works CEO to step down for health reasons
Bath & Body Works has announced that Andrew Meslow is to step down as Chief Executive Officer and as a Member of the Board of Directors due to health reasons, effective May 12, 2022.
Johnson & Johnson gets go ahead to use the bankruptcy system to resolve its multibillion-dollar talc litigation
A U.S. judge has approved Johnson & Johnson’s plans to use the bankruptcy system to resolve its multibillion-litigation regarding its talc products causing cancer, according to Reuters.
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