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Kering recruits Estee Lauder exec for push into cosmetics
PARIS, Feb 3 (Reuters) – French luxurious goods team Kering (PRTP.PA) explained on Friday it was getting into the cosmetics enterprise, with the announcement that it has recruited seasoned Estee Lauder (EL.N) government Raffaella Cornaggia to head the push into the new phase. “We are constructing this new region of know-how within our Team to assure that our models can satisfy their possible in this classification,” team Controlling Director Jean-Francois Palus mentioned in a statement. Cornaggia has been appointed chief government officer of Kering Beaute, the statement explained. Acquiring manufacturer existence in cosmetics was “strategically crucial,” Palus claimed. The transfer echoes Kering’s advancement of its eyewear division, an action it…
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How Social Media Influencer ‘Supa Cent’ Launched A $50 Million Cosmetics Company
Raynell “Supa Cent” Steward founder and owner of school themed cosmetic brand The Crayon Case. Alexis Interiano Enterprising, innovative, trailblazer, overcomer, charismatic, and supportive are a few adjectives that flawlessly describe Raynell “Supa Cent” Steward, owner and founder of Crayon Case, a $50 million cosmetic brand. Hailing from the Carrollton region, uptown New Orleans, Louisiana, Steward developed a solid work ethic after dropping out of high school at 16 years old and committed her time to work full time. She convinced her aunt to employ her at a the aquarium and immediately embraced her independence, the ability to earn a living, and support her fondness for the popular sneakers, Air…
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NY bans cosmetics with deadly mercury amid health concerns
New York is banning beauty merchandise made up of mercury, starting to be the third state to do so. The new law, signed by Gov. Kathy Hochul in December, will go into outcome June 1 and will ban the sale of any beauty products that incorporates the likely hazardous neurotoxin. Mercury has been linked to a amount of debilitating and harmful well being consequences, ranging from irritability and depression to tremors, sensory alterations and numbness in the palms, feet or facial area. “Higher exposures might also lead to kidney results, respiratory failure and loss of life,” according to the EPA. The chemical is normally identified in cosmetics that are created…
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4 Cosmetics Stocks Worth Watching on Robust Industry Trends
Efforts to boost digital operations amid consumers’ rising inclination to purchase cosmetics online are favoring companies in the Zacks Cosmetics industry. Growing focus on marketing campaigns and prudent product launches are contributing to the growth of players in the space. These investments, inflationary pressures and supply-chain disruptions come at the cost of margins. Nevertheless, rising consumer focus towards grooming and personal appearance along with the abovementioned upsides have been working for players like The Estee Lauder Companies Inc. EL, Coty Inc. COTY, Inter Parfums, Inc. IPAR and Helen of Troy Limited HELE. About the Industry The Zacks Cosmetics industry includes companies providing beauty and personal care products. Players in the…
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Packaging Automation Trends for Cosmetics and Beauty Care
October 2022’s PACK EXPO International in Chicago was the first major PMMI tradeshow that I’ve visited since the COVID-19 pandemic. Since it had been a while, I was intrigued to see what would be new for the cosmetics and beauty care industry, especially considering the inaccessibility of factories due to the pandemic, the shortage of technical people, and rising labor costs. Well, after many miles of walking the show floor, a lot of observations, and even more questions asked, it was clear that the focus of the show was could be distilled into three main themes: packaging material sustainability, automation, and the digitization of our world. Most of the sustainability…
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The Best Of Private Label Cosmetics, Personal Care, OTC And Home Care Products
A 3-in-1 lip, eye and cheek coloration from CVS and a biodegradable home cleaner from Sprouts Farmers Industry are among the PLMA’s 2022 Salute to Excellence award winners for store brand name innovation. They be part of nearly 100 other Salute to Excellence winners announced this 7 days at PLMA’s 2022 Non-public Label Trade Clearly show in Chicago. The once-a-year awards acknowledge excellent foodstuff and nonfood products released inside the previous calendar year at supermarkets, drug suppliers, mass merchandisers and a lot of other retailers. A lot more than 725 items from 50 North American shops had been submitted. “I congratulate all the suppliers that participated in this year’s award…