Revlon presence in Asia: Expanding through a joint venture agreement with Beijing-based investment firm Sumstar Group to manufacture, distribute and market Revlon's "core cosmetic brands," such as Age Defying and ColorStay, in China, the company announced Sept. 10. Distribution of the products in major cities in China will commence in the first quarter of 1997. "Our joint venture with Sumstar broadens our operations in Asia and reinforces Revlon's commitment to expansion in emerging markets," Revlon President and Chief Operating Officer George Fellows said. Revlon's Chinese headquarters and manufacturing facilities will be based in Shanghai. The cosmetics firm began limited distribution in China about 18 months ago. Additional Revlon offices in Asia are located in Taiwan, Singapore, Hong Kong and Malaysia...
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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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French consumer health player Urgo has added to its dietary supplements offering with separate deals in Poland and Belgium.
The US cosmetics industry, particularly small- and medium-sized businesses, should reach out to their representatives in Congress to encourage pressure on the US Food and Drug Administration to implement cosmetics reform, despite agency staff cuts.
Effective date for ACNU OTC switch final rule and finding of severe itching from long-term use of common allergy ingredients are bookends for limits of FDA’s authority for product label changes.
