Millions of American women have exited the workforce during the Great Resignation due to pandemic-induced constraints like lack of appropriate childcare and inflexible working conditions. The decline in female employment across the country, dubbed the “she-cession,” has encouraged many women, especially women of color, to take their entrepreneurial aspirations to the next level. However, … Read more
The Ordinary hair care is coming — and it’s full of sulphates. On Feb. 22, the brand, best known for its $7 serums and alpha hydroxy exfoliating peels, will introduce a new collection of hair care products, including a shampoo (for hair and body), conditioner, both $8, and a $12.80 scalp treatment, to be sold … Read more
What’s cooking in beauty care in general and skincare in particular? Fermentation! When most people hear the word “fermentation,” they think of processed foods and beverages. But fermentation isn’t just a cooking technique, it’s also significant in beauty product creation. In the West, the demand for organic skincare, as well as Korean beauty regimes (popularly called K-beauty), has … Read more
Nearly two years into the global coronavirus outbreak, few can say their lives, routines and shopping habits look the same as they did in December 2019, or even early 2020, for that matter. Say what you will about the 2020s, but so far, this new decade has certainly been one to remember. When Covid-19 cases … Read more
There’s plenty of room for mushrooms in a healthy diet and skin care routine. Mushrooms are rich in ergothioneine and glutathione, two antioxidants said to help protect the body from the physiological stress that causes visible signs of aging. Last year Penn State researchers found that people who regularly ate mushrooms had a lower risk … Read more
What’s next for beauty this month? New York City-based research firm Spate reveals the February 2022 beauty tracker for the latest beauty trends. Cream to Powder Foundation On average, there are 3,300 searches every month in the US for cream to powder foundation, which is very low volume relative to other searches for … Read more
Farmingdale State College (FSC) and The Estée Lauder Companies (ELC) have signed a strategic alliance to drive innovation and support for emerging STEM talent across Long Island, New York. As part of the collaboration, ELC has leased approximately 40,000 sq. ft. of laboratory and office space at Broad Hollow Bioscience Park (BHBP), located on the … Read more
Henkel recognized its top suppliers in the home care and personal care segments for their industry-leading performances in 2021. The event took place on February 7, virtually, with more than 400 registered participants. The partners were awarded in five categories. Sasol was honored with the “Sustainability Award” by Henkel Beauty Care. Firmenich and Takasago … Read more
KEY INSIGHTS Estée Lauder has made a minority investment in Haeckels, a UK-based beauty brand that sells hair, skin and fragrance products made from natural ingredients like coffee and seaweed. The deal is another example of Estée Lauder’s M&A strategy of late, which has seen the conglomerate make multiple minority investments before going on to … Read more
Coty Inc.’s fiscal 2022 second quarter represented another quarter of solid financial improvement and continued strong delivery across its strategic growth pillars, the beauty giant announced today. In 2Q22, prestige net revenues of $1.008 billion or 64% of Coty sales, increased by 12% versus the prior year. On a LFL basis, Prestige net revenues delivered … Read more