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Beauty, cosmetics and personal care news February 2021 Unilever divestment, CBD CosIng and sustainability during COVID


Unilever beauty business reshuffle​
Alan Jope, CEO of Unilever, told attendees at this year’s online Consumer Analyst Group of New York (CAGNY) 2021 conference that the company would make some
“strategic choices”​ in the months and years ahead, and had already formed a
“dedicated management team”​ to start the process of separating out certain, smaller beauty and personal care brands.
Alongside these divestments, the company would also seek potential acquisitions in the prestige beauty space – a division Unilever wanted to grow to €3bn in the next few years, he said.
Natural CBD enters the EU CosIng database​
News that the European Commission had added natural whole-hemp cannabidiol (CBD) to its cosmetics ingredients CosIng database sparked plenty of interest in the beauty world. ....

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