The federal Occupational Safety and Health Administration is asking Brazilian Blowout to inform salon owners that – contrary to statements made in written communications and on its website – its hair-straightening products release formaldehyde at levels above acceptable OSHA limits.
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As largest provider of private label/store brand OTCs with “100 plus molecules across 100% price point coverage,” CEO Patrick Lockwood-Taylor says Perrigo’s in position to capitalize as consumers become “more cautious” and look for lower-priced products.
Coty lowers its revenue and profit outlook for FY25, though it believes FY26 will be a better year thanks to a return of ‘blockbuster’ product launches, market expansion and mitigation strategies for current economic uncertainties.