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Il Makiage and SpoiledChild owner Oddity has posted Q1 net revenue of $212 million, up 28% year-over-year.

Oddity Q1 2024 Sales Show No Slowdown for the SpoledChild and Il Makiage Owner

Looking ahead, the company expects to generate more than 20% revenue growth and more than 20% adjusted EBITDA margin for full-year fiscal 2024. This includes a net revenue range of $626-635 million.

Notably, 'spending per buyer was directly influenced by the presence of children: among households with children, the average spending per buyer in Q1 increased at five-times the rate as those without children,' per Circana.

Q1 2024 US Beauty Sales Stabilize, but Still Growing

Gen Alpha continues to drive prestige sales among households earning more than $100,000, with kids' households growing at twice the rate of households with no children.

Coty has added a new license to its stable of fragrance brands, building on recent success in mass and prestige sectors.

Coty is Launching a Lena Gercke Fragrance This Summer

The news follows strong fragrance results for Coty in mass and prestige fragrance; the Gercke brand will be distributed by Coty's mass-focused consumer beauty business.

Coty witnessed growth in prestige and consumer beauty, as well as an uptick in China's prestige sector in its latest quarter.

Coty Q3, 9-month 2024 Growth is Robust, Pointing to Strong Fiscal 2024

Prestige net revenues in Q3 increased 8% on a reported basis and 13% on an LFL basis, per Coty, driven by fragrances, cosmetics and skin care, though slightly offset by the divestiture of the Lacoste license and foreign exchange impacts.

'As we commemorate our one-year anniversary, we take a moment to recognize the progress we have achieved in such a short timeframe,' said Jeroen van den Bosch, managing director at Uviva Technologies. 'Our success is a testament to the hard work and dedication of our team, as well as the unwavering support of our partners and customers.'

Zinc Oxide Specialist Uviva Technologies Turns 1, Aims for US & European Sun Care, Makeup & Beauty Markets

The company's launches include its Eclipse Z1.

EltaMD will sponsor and participate in the inaugural Women's Health Health Lab by presenting a 'Black, Brown & Beautifully Protected' panel on May 15, 2024.

EltaMD Launches Deep Tint UV Clear and UV Daily Ranges

EltaMD will sponsor and participate in the inaugural Women's Health Health Lab by presenting a "Black, Brown & Beautifully Protected" panel on May 15, 2024.

The industry thrived over the two day event with what can only be described as a true return to form in a post-Covid era.

NYSCC Suppliers' Day Recap: The Industry Buzz

The industry thrived over the two day event with what can only be described as a true return to form in a post-Covid era.

Dose & Co was founded in 2019 by Libby Matthews and has since sold 4 million tubs at more than 5,000 distribution points.

Vector Consumer Seeks to Lead in Collagen Following Dose & Co Acquisition

Dose & Co was founded in 2019 by Libby Matthews and has since sold 4 million tubs at more than 5,000 distribution points.

Apoena Biotech's Apobio Film provides instant hydration and protection to the skin and hair.

Apoena Biotech Launches Film-forming Apobio Film for Skin & Hair

On the skin, Apobio Film protects the skin's barrier, boosts water retention within cells and provides instant hydration, per the company.

In formulations, 'Malassezin dramatically reduces the appearance of dark spots, and also delivers powerful results for smoothing skin texture, minimizing the look of lines and wrinkles, supporting the skin barrier and protecting against free radical damage,' per Mother Science.

Mother Science Gains New Funding, Launches Retinol Synergist

Because retinol and Malassezin operate via different pathways, their benefits are complementary, rather than redundant, according to the brand.

Olaplex Q1 2024 Sales Decline

During the period, net sales increased 2.5% in the United States and decreased 24.3% internationally.

Croda's Crodamol GTS (INCI: C10-14 alkyl polypropanediol-3 myristate) vegetable-derived emollient reportedly imparts significant smoothness and shine across multiple hair types.

Croda's Crodamol GTS Vegetable-derived Emollient Delivers Serious Smoothness

At Suppliers' Day 2024, Croda featured the technology in an anti-humidity mango and avocado hair-finishing butter.

The ingredient technology can be used as a co-surfactant to deliver synergistic mildness and cleanse-boosting benefits with no detrimental impact on foam production, per Croda.

Croda Launches Mild NatraFusion SL HA Biosurfactant

The ingredient technology can be used as a co-surfactant to deliver synergistic mildness and cleanse-boosting benefits with no detrimental impact on foam production, per Croda.

In skin and hair care applications, SphingoCare ceramides can reportedly support claims that address issues such as skin aging, scalp well-being, skin soothing, environmental protection, lip care, microbiome balance and hair cuticle repair.

Croda Unveils SphingoCare Biofermented Ceramides

These fatty acids support skin barrier function, protecting skin from dryness and germs, per Croda.

LBB Specialties has entered into an agreement to become Ingredion’s exclusive distribution partner in the United States and Canada for its personal care product portfolio, including Farmal bio-based polymers and Nativacare natural polymers. (Mexico is not encompassed in the agreement.)

LBB Specialties Named Ingredion’s Exclusive US and Canadian Distributor for Beauty & Personal Care

Ingredion’s beauty and personal care portfolio includes water- and oil-absorbent starches that reduce shine and moisture in skin care products.

J&j Talc Settlement Offer May 2024 Adobe Stock 299247798 Editorial Use Only

J&J Proposes $6.475 B Plan to Settle Ovarian Cancer Talc Claims

The settlement would be paid over 25 years, and per the company, is a better offer than the claimants stand to recover at trial. Indeed, the scientific testimony linking ovarian cancer to J&J's products is being re-reviewed, posing the risk of dismissal.

“I am very excited to welcome Molly to Maesa,' said Piyush Jain, Maesa's CEO. 'Her experience in building purpose-driven brands will be instrumental in elevating our brands’ position within the industry and achieving further success with our consumers and retail partners alike.'

Molly Kennedy Named Marketing Lead for Kristin Ess Hair, Koze Place and Other Maesa Brands

Kennedy previously spent 13 years at Unilever working with Dove Men+Care and Vaseline.

The disc-top closure features an integrated, concealed mechanism that requires more force to be applied upon initial opening, but thereafter operates as a standard disc top closure, per Aptar.

Aptar's E-Disc Top Protects Beauty Products & Minimizes Excess Packaging for E-commerce Shipping

The top is Amazon ISTA-6 compliant and is therefore able to withstand harsh shipping conditions. This keeps the product secure and prevents cracks, leaks and breaks, thereby diminishing customer complaints and returns.

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