Cosmetics

Faced with shrinking profits due to underperforming Chinese sales, Shiseido has revised its earnings expectations for the upcoming two years. This adjustment is attributed to the declining demand in China, intensified market competition, and diminished consumer confidence. Shiseido’s President, Kentaro […]

**Inspection Findings Uncover Safety Issues** An investigation by the FDA identified significant issues within Tom’s of Maine’s production facility, such as bacteria-laden water and the presence of a black mold-like substance near manufacturing equipment. **Implications for Colgate-Palmolive** A formal notification

Henkel has entered into a multi-year sponsorship agreement with U.S. Soccer, representing its inaugural comprehensive brand partnership in North America. This collaboration will highlight more than 30 of Henkel’s distinguished brands, such as Dial, Persil, Schwarzkopf, and Loctite. The initiative

Unilever has joined forces with Nufarm in a groundbreaking collaboration to cultivate future-forward crops. This venture centers around creating crops with substantial biomass intended for the sustainable production of oils. These oils, rich in fatty acids, will be integral to

L’Oréal is proud to announce that all its operational sites within the South Asia Pacific, Middle East, and North Africa (SAPMENA) region now operate on fully renewable energy sources by the close of 2023. This achievement covers everything from manufacturing

Symrise has completed the acquisition of roughly 90.2% of Probi shares. This acquisition follows the company’s announcement of a public offer, during which it secured an additional 321,620 shares of Probi at the highest price of SEK 350, representing a

Unilever is dedicating significant resources to establishing a fragrance design and development team internally, with a substantial €100 million investment. This initiative involves hiring skilled perfumers in various locations, including the UK, US, and India, to enhance its wide range

Overview: Amcor and Berry are coming together in a transformative merger worth US$8.4 billion, set to combine their efforts into a single all-stock enterprise generating revenues of approximately US$24 billion. Details of the Merger: This partnership integrates two complementary entities

Meta is gearing up to begin advertising on its Threads platform around early 2025. With Facebook’s parent company having already amassed 275 million monthly active users on its newly launched social media platform—created to rival X in mid-2023—expectations are high.

The European Union has levied a €798 million fine against Meta, charging it with anti-trust infringements. The tech conglomerate has been instructed to stop linking its classified ads service with Facebook and to cease imposing unfair trading terms on competing