Speaking on behalf of small businesses and entrepreneurs in the $60 billion cosmetic and personal beauty industry, the head of The Independent Cosmetic Manufacturers and Distributors (ICMAD) is stressing the need for uniform standards between retailers and regulatory agencies.
Pamela Busiek, CEO of ICMAD, said the uniformity will strengthen safety, quality and trust throughout the supply chain.
Busiek will speak at the Global Retailers and Manufacturers Alliance (GRMA) in Ann Arbor, Michigan on Aug. 3, and plans to share details on a variety of ongoing efforts to reform cosmetic regulation, including the recently introduced Personal Care Products Safety Act.
“The cosmetic business historically has afforded entrepreneurs with opportunities that they have translated from startups to multi-million-dollar, multinational businesses, generating thousands of jobs and industry breakthroughs,” Busiek said.
She cites Revlon, started by Charles Revson, who funded medical device development including contact lenses, and Clairol, now part of Procter & Gamble, which contributed to funding important cancer treatments.
“ICMAD has a long track record of working with industry experts and federal regulators to promote product safety, honor the best science in our industry, and advance small businesses that innovate and provide jobs,” said Busiek. “The work of the GRMA on developing relevant, consensus-based standards will help ensure our industry continues to have viable contributors.”
The GRMA is a joint initiative with global public health organization NSF International, an ICMAD partner, established in 2014 to develop consensus-based standards for dietary supplements, cosmetics and personal care products, over-the-counter (OTC) drugs and devices.