THE DETAILS According to a report published by WWD, the new range comprises lipsticks, liners and an eye shadow palette in a selection of nude shades.

THE WHY? Kardashian shuttered her KKW make-up brand in 2022 following Coty’s purchase of a 20 percent stake in the line, promising to relaunch. She told WWD, “I think you just know how you want to make things better. The lip liner glides on a little bit better. Everything is in the minor details. As a perfectionist… I feel like the customer will feel the elevation.”

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THE DETAILS According to a report published by Bloomberg, the Middle East’s stock exchanges are looking to diversify listings beyond industry and banking.

THE WHY? Nice One declined to comment when approached by Bloomberg but it is thought that the e-commerce platform is following in the footsteps of fellow Saudi tech firms, such as Floward, working towards an IPO this year.

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THE DETAILS According to a report published by The Korea Herald, the Korea Fair Trade Commission fined Coupang KRW3.3 billion for unfair practices. Coupang’s appeal is pending.

THE WHY? A spokesperson for Coupang told The Korea Herald, “Coupang has been in discussions with LG H&H on ways to resume the partnership. Coupang will continue to actively communicate and collaborate with its partners to provide customers with a greater choice of quality products.”

The post Coupang and LG Household & Health Care bury the hatchet appeared first on Global Cosmetics News.

THE DETAILS This addition strengthens Cascadia’s industry breadth in several key sectors, including apparel, accessories, footwear, beauty, personal care, pet, and home design, and marks the firm’s ongoing growth with the addition of a new office in New York City.

THE WHY? Michael Butler, Chairman & CEO of Cascadia, noted, “Adding a team of Threadstone’s caliber and industry focus will broaden and complement the exceptional service we deliver to the business owners and investors we advise. Billy and his team have a proven track record and demonstrated passion for the business. Their commitment to excellence and client-focused, collaborative approach fit extremely well with Cascadia’s culture.”

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THE DETAILS According to a report published by WWD, Purifying Whipped Cleanser, Face Stick and Skin-strengthening Serum are formulated with ceramides, upcycled date seed extract and biometric tripeptide. Industry sources expect the brand to hit sales of US$3 million to US$5 million in its first year.

THE WHY? Dominque Gagnon, Vice President of Consumer Brands at Debut, told WWD, “We’re tapping into the new wave of preventative care, addressing what consumers can do in their 20s and 30s to sustain their skin health, versus repairing issues that have already occurred in terms of skin damage.”

The post Debut launches first beauty brand, Deinde to tackle ‘inflamm-aging’ appeared first on Global Cosmetics News.

THE DETAILS “This strategic collaboration reflects the breakthrough multidimensional approach that we’ve always believed is necessary to make meaningful advancements for longevity and health span,” said Patrick Aebischer, Co-Founder and Chairman of Timeline. “I want to thank L’Oréal for its commitment to longevity solutions rooted in the highest level of science.”

THE WHY? The investment will enable Timeline to further develop its technology and expand operations while enabling future collaboration with L’Oreal.  

Barbara Lavernos, Deputy Chief Executive Officer and in charge of Research, Innovation and Technology, L’Oréal Groupe. “Longevity is about living healthier for longer and L’Oréal has been working for more than a decade to understand and anticipate what this could mean for beauty. Longevity adds a new dimension to beauty, focused on predicting, correcting and even reversing the ageing of our skin, scalp and hair. Our investment in Timeline is exciting for its potential to transpose key hallmarks of longevity onto skin health and beauty.”

The post L’Oreal invests in Swiss biotech company, Timeline appeared first on Global Cosmetics News.

THE DETAILS The Honey Pot Co will continue to be led by its current management team and existing owners and leadership will retain a ‘significant’ minority stake in the company. The deal is expected to close in February.

“We are excited to embark on this partnership with CODI, a firm that aligns seamlessly with our values and is dedicated to championing our vision of destigmatizing feminine care through accessible products and promoting holistic wellness, both inside and out,” said The Honey Pot Co’s Co-founder, Beatrice Dixon, who will continue to lead the company in her current role as CEO and Chief Innovation Officer.

“We believe that this partnership will not only enable us to sustain our commitment to innovation and education but will also empower us to continue cultivating a movement rooted in community and self-care.”

THE WHY? CEO of Compass Diversified, Elias Sabo, commented, “Beatrice and her team have done an amazing job building The Honey Pot Co. into a leading feminine care brand that has distinctive category ownership and unique brand positioning. They have a strong leadership team, an efficacious line of products, and a track record of impressive innovation and category disruption. We believe they have tremendous growth opportunities on the horizon.”

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THE DETAILS Online sales grew 41.2 percent to HK$231.6 million and now account for 19.6 percebt of the group’s turnover, SaSa said. Offline sales rose an impressive 35.7 percent. Offline sales have now recovered to 49 percent of pre-pandemic figures.

THE WHY? SaSa explained in a statement that this Christmas was the first since borders fully reopened following the end of the pandemic and the Hong Kong government supported campaigns to boost local consumption.

The post SaSa Q3: Sales soar 36.7 percent as recovery continues apace appeared first on Global Cosmetics News.

THE DETAILS Varney joins from BlackRock where she held the role of VP of Corporate Communications, Private Market & Sustainable Investing, and has previous experience working in leadership and communications roles with Burberry, Kering and Escada. Venetia succeeds Anna Bartle who left the company earlier this year to pursue a new opportunity.

THE WHY? Sue Fox, President, ELC UK&I, explains, “With her breadth of experience across corporate affairs and communications, along with her depth of experience in the luxury market across both fashion and beauty, we are confident that Venetia will excel in her new role. During her 11-year tenure with ELC, Anna has had a great impact across our organisation, and also in our communities through our corporate philanthropic initiatives. I would like to thank Anna for her many contributions to our business, and I wish her all the best in her future endeavours.”

The post The Estee Lauder Companies appoints Vice President, Corporate Affairs & Communications, UK&I appeared first on Global Cosmetics News.

THE WHAT? Keratase has named Sydney Sweeney as Global Brand Ambassador. The White Lotus star is poised to appear in two high-profile releases this year and is popular among Gen Z and millennial audiences. THE DETAILS

THE WHY? Rosa Carriço, Global Brand President Kérastase, comments, “I was drawn to Sydney’s warmth and magnetism both on and off-screen, to me she is truly fearless. Fearless with her hair, beauty, and style, fearless with the roles that she takes and fearless about being unapologetically Syd with so many talents and interests. She speaks to her communities with passion, focus and a sense of humour that makes you feel like you instantly know her. This is the Kérastase woman. One who dares and one who embraces their own journey.”

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