Licenses Bal a Versailles and Jean Desprez fragrance brand rights to Miami-based Genesis International Marketing Corporation, Parlux announced June 10. The licensing agreement "completes Parlux' transition out of its low-volume brands, allowing [the company] to focus on [its] stronger, high profile brands...and to actively pursue new growth opportunities within the fragrance industry," Parlux said. The Fort Lauderdale, Fla.-based company bought the brands from Jean Philippe Fragrances in 1996 and has been actively divesting or discontinuing brands, including Todd Oldham, Francesco Smalto, Vicky Tiel and, most recently, Alexandra de Markoff, which it sold to Cosmetic Essence in March ("The Rose Sheet" March 9, p. 16). The company retains licenses for the Perry Ellis, Fred Hayman Beverly Hills and Baryshnikov fragrances as well as its own fragrances, including Animale Parfums...
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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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Guest authors Rachel Raphael, partner at Morgan, Lewis & Bockius, LLP and associates at the firm, Elizabeth Bresnahan and Kathryn Ignash, advise beauty companies on how to navigate the legal risks associated with consumers ‘off-label’ beauty hacks.
Danone moves into dietary supplements space with deal for The Akkermansia Company marketing patented biotic strain in US, Europe and Asia.
Modifications to forms FDA 3500, for voluntary reporting by healthcare professionals, and 3500A, for mandatory reporting by manufacturers, marketers or facilities, include limiting changing gender question to sex and asking for only male or female answer.
