Cosmetics

### PRESS RELEASE **Introducing PhytoCellTec™ Exosomes** Experience the dual efficacy of plant-derived exosomes for skin renewal. Mibelle Biochemistry unveils PhytoCellTec™ Exosomes, an extraordinary innovation in skincare that leverages plant stem cell-derived exosomes. This avant-garde product delivers exosomes externally and stimulates […]

A Crucial Agreement Natura &Co, a leading player in the Brazilian cosmetics industry, has made a significant deal with the unsecured creditors of Avon Products Inc. This move is integral to Avon’s Chapter 11 bankruptcy process in the U.S. Background

Saudi-based online beauty retailer Nice One Beauty plans to generate 1.21 billion riyals, equivalent to US$322 million, from an IPO on the Riyadh stock market. Founded in 2016, Nice One has established itself as a prominent figure in Saudi Arabia’s

In a move set to transform the beauty industry, Rakuten Group, Inc. and L’Oréal Japan have revealed a groundbreaking collaboration focused on enhancing beauty experiences through AI technology and in-depth marketing insights. This alliance will capitalize on Rakuten’s extensive network

Announcement Nicola Kilner, who co-founded and currently leads Deciem, is set to resign as CEO by year-end. This decision follows the $1.7 billion acquisition of the company by The Estée Lauder Companies, completed five months ago. Background In 2013, Kilner

**e.l.f. Cosmetics’ New Campaign Inspires Through Beauty and Sports** **Introduction** With a dynamic spirit, e.l.f. Cosmetics has launched its latest campaign titled “eyes. lips. face. fandom.” Starring the vibrant personalities of Joey King and Lucien Laviscount, this initiative reaches across

**Overview** Unilever has announced the termination of 149 positions at their North Jersey head office. This action is part of a broader strategy, involving 7,500 job cuts worldwide. **Details** The company’s decision to streamline its operations and enhance profitability coincides

Bath & Body Works has announced a 3% increase in net sales for the third quarter of 2024, reaching a total of $1.6 billion. The earnings per diluted share for this period were $0.49, surpassing the anticipated figures. During the

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