Indēwild Secures $5 Million, Plans Sephora US Launch Indēwild, the Indian skin and hair care brand, is making waves in the beauty industry with its recent achievement of securing $5 million in a seed extension round. This funding, led by Unilever Ventures, marks a significant milestone for the company and sets the stage for its […]
Olaplex Sales Slide 9.8%, Specialty Retail Recovers
Olaplex Sales Slide 9.8% in Q4 as Specialty Retail Sector Recovers The biotechnology hair care company, Olaplex, recently reported a 9.8% decrease in sales, amounting to $100.7 million in its fourth-quarter earnings. This decline was primarily driven by a significant drop in professional sales. However, amidst this setback, there is a silver lining as the […]
L’Oréal Divests Hair Care Line Carol’s Daughter
L’Oréal Divests Hair Care Line Carol’s Daughter L’Oréal, the French multinational beauty giant, recently made waves in the industry by divesting the hair care line Carol’s Daughter. Originally founded in Brooklyn in 1993, Carol’s Daughter quickly made a name for itself by focusing on the needs of curly, coily, and Afro-textured hair. The brand’s commitment […]
Shiseido Shares Rally After Activist Investor Takes Stake
Shiseido Shares Surge as Activist Investor Makes Strategic Move Shiseido, the renowned Japanese multinational personal care company, has recently found itself in the spotlight as London-based activist firm Independent Franchise Partners disclosed their acquisition of a 5.2 percent stake in the company. This move has sparked a significant rally in Shiseido’s shares, hinting at potential […]
How Crown Affair Became the Queen of It-Girl Hair Care
How Crown Affair Became the Queen of It-Girl Hair Care In the world of hair care, there are brands, and then there are legends. Crown Affair falls into the latter category, thanks to the visionary minds behind its creation, Dianna Cohen and Elaine Choi. What started as an insider favorite has quickly risen to the […]
A New Era of Men’s Skincare in India
A New Era of Men’s Skincare in India In recent years, a significant shift has been observed in the realm of men’s skincare in India. The traditional macho marketing strategies that once dominated the industry are now being rapidly replaced by more inclusive campaigns that cater to a diverse audience. This evolution is not merely […]
L’Oréal US Appoints New Head of Acquisitions
Ali Goldstein Appointed as Head of Acquisitions for L’Oréal US L’Oréal, the global beauty powerhouse, has made a strategic move by appointing Ali Goldstein as the new Head of Acquisitions for its US operations. Goldstein, who previously served as the US president of L’Oréal Paris, brings a wealth of experience and expertise to this role. […]
Dr. Bronner’s Ditches Widely Used ‘B Corp’ Sustainability Certification for ‘Weak’ Rules
Dr. Bronner’s Ditches Widely Used ‘B Corp’ Sustainability Certification for ‘Weak’ Rules Dr. Bronner’s, the renowned soap maker with a strong commitment to sustainability, has recently made waves by announcing its decision to part ways with the widely recognized ‘B Corp’ certification. The company, known for its ethical practices and environmentally friendly products, cited concerns […]
The Business of Beauty Haul of Fame: Can Beauty Sell Without Social?
The Business of Beauty Haul of Fame: Can Beauty Sell Without Social? In an era dominated by social media influencers and digital marketing, the decision of a major player in the beauty industry to step away from social platforms raises intriguing questions about the relationship between beauty brands and social media. Lush, the renowned bodycare […]
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board
Billionaire Bettencourt Meyers to Retire From L’Oréal’s Board Francoise Bettencourt Meyers, the prominent heiress to the L’Oréal fortune, is set to step down from the company’s board later this year. This strategic move marks a significant transition in leadership within the cosmetics giant, as she plans to pass on her vice-chairman position to her son, […]