Latest from Eileen Francis
The Washington Department of Ecology hasn’t backed down on its targeting of formaldehyde-releasing preservatives under the state’s Toxic-Free Cosmetics Act, as industry still awaits a draft final rule. In a recent webinar, attorney Angela Deisch of Amin Wasserman Gurnani, LLP said the department has also not provided clarity on penalties under the law, which goes into effect 1 January.
London-based Unilever PLC is recruiting expert perfumers in the UK, US and India to work internally across its global portfolio of brands in a hybrid fragrance development model that taps artificial intelligence and the company’s digitally enabled teams. The €100m project gives the company more control over the process, which is key in catering to consumers.
Personal care packaging producers should be prepared for Washington state’s 1 January deadline for ensuring personal care product containers are made up of at least 15% post-consumer recycled material, notes Angela Diesch, attorney at Amin Wasserman Gurnani, LLP, during a webinar hosted by Global Victoria, the trade facilitation agency for the state of Victoria in Australia.
Helen of Troy Ltd. is acquiring Olive & June DIY manicure/pedicure brand for $240m, a price that implies a multiple of less than 11x estimated calendar year 2025 adjusted EBITDA. Separately, Guthy-Renker LLC and celebrity Paris Hilton partner to launch 11:11 Beauty; Beauty Biz Roundup
The US FDA has generally not sent out enforcement letters to stakeholders of the Modernization of Cosmetics Regulation Act, but that doesn’t mean it’s not happening, says Amin Wasserman Gurnani, LLP attorney Angela Diesch, during a 19 November webinar hosted by Global Victoria, the trade facilitation agency for the state of Victoria in Australia.
The US prestige beauty market is approaching the holiday season with stronger sales momentum than it achieved the same time last year, despite ‘some pullback’ in spending throughout 2024. Industry experts predict how current trends/consumer sentiment may impact the critical fourth quarter.