Happy Holidays from Global Cosmetic Industry

Dec 12th, 2017

Audrey Latimer

Happy holidays from all of us at Global Cosmetic Industry. We sincerely hope you have a wonderful season and a happy, healthy and prosperous 2018.

THG Beauty purchased Biossance for $20 million.

Amyris Sells 4 Consumer Brands at Auction

Amyris filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware and then sough an approval for auctioning off its brands.

Kristof Neirynck will assume the role of CEO of Avon as of January 1, 2024, succeeding Angela Cretu, who has been with the company for 25 years and will continue as an adviser for the organization.

Avon Appoints New CEO

Neirynck previously served as CMO for global brands at Walgreens Boots Alliance and spent 13 years at P&G.

Discover the Beauty of Coffee with Kaffe Bueno

Discover the Beauty of Coffee with Kaffe Bueno

How upcycling coffee helps the skin and hair care industry transition to natural formulations.

Pharmavite LLC, parent of Nature Made vitamins, has acquired Bonafide Health, a specialist in menopausal and sexual health/wellness.

Pharmavite Boosts Menopausal & Sexual Wellness with Bonafide Health Acquisition

Bonafide will continue to operate out of its current headquarters in Harrison, New York with no workforce cuts.

L’Occitane First Half 2024 Sales Exceed €1 Billion

Sol de Janeiro sales heavily contributed to the group’s profit.

Coty CEO Sue Nabi shares, 'Aligned with our broader sustainability goals across product, planet and people, our expanded gender-neutral parental leave policy underscores our holistic approach to sustainability for long-term success. It is a point of pride for all of us at Coty.'

Coty Announces Gender-neutral Parental Leave Policy Expansion in 2023 Sustainability Report

The policy sets a global minimum of 14 fully paid weeks for all employees, regardless of gender.

Mav Beauty Brands, home to brands like Marc Anthony True Professional, Renpure, Cake Beauty and The Mane Choice (pictured), has obtained the approval of the Ontario Superior Court of Justice for the sale of substantially all of its assets and subsidiaries to an affiliate of LA-based Nexus Capital Management LP.

Nexus Capital Acquires Mav Beauty Brands

Concurrent with the new agreement, trading of the company's common shares on the Toronto Stock Exchange has halted; its common shares will be delisted on December 21, 2023.

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A Note to Our Readers: Newsletters

Newsletters will resume Monday, November 27.

Gelpro's Food-based Natural Collagen Supplements Target Inner Beauty

The collagen is exclusively sourced from Australian and New Zealand bovine hides, as well as marine and porcine alternatives.

Carlyle Group acquired a majority stake in Every Man Jack in 2020.

Report: Carlyle Group Selling Every Man Jack?

The brand could be worth around $400 million.

Kiehl's products are offered on the Instacart app and website at in-store pricing.

Kiehl's & Instacart Launch Same-Day Delivery

This partnership expands Instacart's skin care and beauty offerings by giving customers access to Kiehl's full lineup of skin and hair care products.