Appoints Raymond Baliatico president and CEO. Prior to joining Halston Borghese, he was president and CEO of Daniel Swarovski Corp.'s Swarovski Fashion Division, which markets jewelry worldwide. Baliatico's experience in the cosmetic industry includes stint at Chese-Pond's as president and general manager of the Prince Matchabelli division and 18 years at Avon, where he held a variety of senior management posts. Baliatico succeeds Mike Martin, who is retiring ("The Rose Sheet" Nov. 8, In Brief)
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The US FTC’s contention that ‘notice and choice’ has failed as the cornerstone of consumer privacy regulation and must be abandoned in favor of data minimization and other more stringent measures does not adequately account for the complexity of business practices and consumer behavior, FTC commissioner Melissa Holyoak asserted at the NAD’s 2024 Annual Conference.
FTC Commissioner Melissa Holyoak says the agency has acted outside the bounds afforded by Congress, citing several areas within consumer protection, including a recent update to the final rule for the Health Breach Notification Rule and the commission’s use of notices of penalty offense to serve as the basis for Section 5 settlements.
At one year, TikTok Shop conjures the early days of Amazon, representing the ‘Wild West’ of beauty ecommerce, said co-founders of private label and contract manufacturing company KO-Pack at the IBA Cosmetics Convergence Fall 2024 Virtual Symposium, “The Promise and Pitfalls of TikTok Shop.”
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The firm doesn’t hold back on linking Muscle & Joint turmeric and tamarind formulation and Muscle & Joint + Stress also containing sceletium extract to the Tylenol brand while also pointing out that neither formulation contains acetaminophen
Six panelists of the Expert Panel for Cosmetic Ingredient Safety voted in favor of issuing a tentative unsafe designation for hair dye 4-chloro-2-aminophenol, though the substance has no reported uses on the US market.
European consumer health player Uriach records sales approaching €500m in 2024 after completing acquisitions which took the firm into new markets.
