Firm's SPF 30 sunscreen lotion, denounced by consumers for alleged ineffectiveness at preventing sunburn, remains out of stock, but The Honest Company is looking ahead to a planned foray into color cosmetics, armed with $100 million in new funding.
A storm of obloquy from sunburned customers earlier this summer evidently has not deterred investors in The Honest Company, which plans to use capital from a $100 million financing round to launch a color-cosmetics line, as well as new skin- and hair-care items.
Announced Aug. 14, the series D financing was led by new investor Glade Brook Capital Partners. Existing investors Fidelity Management...
L’Oréal SA and NVIDIA Corp. are collaborating to unlock AI’s potential access across beauty, including innovation, scalability, and personalized marketing, the French beauty firm and the tech company announced during the Viva Technology show in Paris.
Complaint filed Utah federal court says “Supreme Court explicitly rejected Chevron deference to agency interpretations” in the Loper decision, compelling rejection of “an agency’s statutory interpretation unless the court, ‘after applying all relevant interpretive tools, concludes’ the interpretatio
A round-up of the latest people moves: Pharma Deutschland names head of new OTC Market division; the African Medicines Agency appoints director general; the UK's Food Standards Agency adds members to novel foods committee.
