LVMH-backed investment firm L Catterton today announced that it has entered a definitive agreement to acquire a majority stake in the Italian beauty brand Kiko Milano. Terms of the transaction were not disclosed. “L Catterton (…) will accelerate Kiko's global expansion, leveraging their extensive expertise in the cosmetics sector and a global network of commercial opportunities and talent," said Antonio Percassi, who co-founded the brand. The Percassi family will retain a significant stake... - Industry buzz ..read more

By combining artificial intelligence and data, the Good Face Project platform and its CARA tool, support formulators in real-time as they search for information on ingredients, formulas, and cosmetics regulations in 80% of countries. For the past 6 years, the San Diego, California-based start-up has been developing a tool to help meet the accelerating pace at which cosmetic products are brought to market. The mean feature of its model is access to data on the formulas of more than 250,000... - Innovation & new products ..read more

Blush, blush and more blush. For months now, social media users have been showing the love for this beauty essential. And the latest tip buzzing on TikTok is the 'L Shape' method, which involves applying blush in a very specific way to achieve an instant healthy glow. Makeup trends come thick and fast on TikTok. But, when it comes to blush, social network users seem to be searching high and low for the ideal method of application, offering the most accessible and effective way of achieving... - Markets & trends ..read more

Knoll Printing & Packaging won Best CSR Initiative at the Shanghai LuxePack in Green Awards for its annual Knoll Gives Back Day. The award was received at LuxePack Shanghai, which Knoll exhibited at for the first time this year. Knoll Gives Back Day is part of Knoll's ongoing commitment to sustainability and to protect our people and planet. Knoll Gives Back Day was launched to bring the whole company out of their offices and into their local community. It is an annual event where each... - Industry buzz / Asia / Pacific ..read more

Prestige beauty retailer Sephora has officially launched clean skincare brand Drunk Elephant across all its online channels and 250 brick-and-mortar stores in Mainland China, with a plan to expand to 300 stores by the end of the year. "As brand launches go, this year will be a momentous one for Sephora as we leverage our global resources to diversify our brand and product offering in this key market," said Alia Gogi, Asia President at Sephora. "From clean and sophisticated to accessible and... - Industry buzz / Asia / Pacific ..read more

Beiersdorf and Rubedo Life Science have entered into a multi-year strategic partnership to develop a breakthrough anti-aging solution for the global face care market. The German beauty giant additionally joins Rubedo as strategic investor, having participated in its recently closed Series A financing round through its Oscar & Paul Corporate Venture Capital Fund. Rubedo Life Science is a California-headquartered biotech company with an expertise in the development of solutions targeting... - Industry buzz ..read more

Roquette, a French manufacturer of plant-based ingredients for the nutrition, health and personal care markets and a leading provider of pharmaceutical excipients, has appointed Barentz International as the sole distributor for their cosmetics ingredients in the United States of America (USA). This distribution partnership between Roquette Beauté and Barentz is effective as of May 1, 2024. The partnership between Roquette Beauté and Barentz has already proven successful in the European... - Industry buzz / North America ..read more

L'Oréal USA has announced the appointment of Silvia Galfo as President of the L'Oréal Luxe Division in the United States. In this role, Galfo will report to David Greenberg, CEO, L'Oréal USA and President, North America Zone. She will join the management committee of L'Oréal USA as well as the global Luxe management committee. Galfo succeeds Megan Grant who was appointed to the role in May 2019. Galfo was previously the first-ever Chief Growth Officer for the Luxe Division in the United... - Industry buzz / North America ..read more

With sales that increased twofold in 2023, the Bâton Rouge concept of custom lipsticks is taking off. Christelle Percheron, the Company's Founder, has taken the stumbling blocks out of the lipstick buying process: Will I find the right shade? Will I get good advice? Will the in-store lighting reflect reality? At Bâton Rouge, everything has been done to ensure a perfect experience: to create her dream shade, the customer gets thirty minutes of personalised advice from a make-up artist. As a... - Companies & industry / Europe ..read more

The manufacturer of cardboard for folding boxes continues to increase its capacities. The company, which is part of Metsä Group, has inaugurated Europe's largest and most modern folding boxboard machine in Husum, Sweden. Metsä Board, inaugurated its upgraded folding boxboard machine in Husum, Sweden, on the 11th of April. Invited to the inauguration ceremony were, among others, project partners and representatives of Örnsköldsvik municipality, Swedish parliament and the forest industry.... - Packaging & design / Europe ..read more