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Reed Exhibitions has again postponed its in-cosmetics trade show series due to the ongoing COVID-19 crisis, citing a lack of confidence amongst the beauty industry to travel and attend large-scale international events. ....
The British Beauty Council has launched its Sustainable Beauty Coalition to spearhead fast and effective change in response to the ongoing climate crisis, and it is calling on industry to join. ....
Hong Kong-listed L’Occitane saw a resurgence in brick-and-mortar retail channels with sales growing 67.6% in the first quarter of its 2022 fiscal year, with online channels dipping by 15%.However, the firm’s online sales still accounted for more than one-third of overall sales at 34.8%. ....
South Korea-based start-up Picky Inc has recently joined Beiersdorf’s Nivea Accelerator programme, which it hopes will help it to expand its global presence and make a “greater impact” on the skin care industry. ....
Marianna Beauty Holdings acquired by private equity Late last month, contract manufacturer (and CORE Industrial Partners’ portfolio company) Arizona Natural Resources acquired Marianna Beauty. “Marianna and ANR are highly complementary, well-established players in the beauty and personal care industry,” says Frank Papa, Senior Partner of CORE, in a press release about the acquisition deal. And he goes on to explain that, “The two companies combine to form an industry leader with substantial operational scale, comprehensive chemical formulation capabilities, and plentiful capacity for their customers.” “We’re excited to work with the Marianna team to expand both their product offerings and their geographic reach,” concludes Papa. ....