Walmart Inc has asked some beauty suppliers to consider sourcing products from outside China, as it looks for ways to mitigate the impact of a new set of tariffs on Chinese products proposed by the Trump administration.
British women are spending more than ever on skincare, according to new research. A report from market research company Mintel has found that British women spent a whopping £1.15 billion on facial skincare in 2017.
The US beauty supplies specialist recorded a 0.2% decline in net sales, down to $996.3 million, in the third quarter. The company is maintaining its focus on its restructuration plan, and announced the forthcoming closure of 1-2% of its stores.
One Ocean, a clean beauty brand that has secured the first ever beauty company equity investment from The Lubrizol Corporation, a Berkshire Hathaway company, has launched with a sustainable wellness collection.
Avon has appointed former L'Oréal Paris GM Anna Chokina and promoted Elena Degtyareva as two new global VPs. The company also announced that Marco Brandolini has been named as GM of Italy and the Mediterranean.
Gwyneth Paltrow's wellness brand has announced its decision to hire a fact-checker, after being criticised for unproven health claims. The position will be part of a larger team dedicated to fact verification.