Author: Georgina Caldwell

Aethic triumphs against Beiersdorf in sunscreen patent row

The European Patent Office has upheld a patent held by indie skin care brand Aethic for the ‘world’s only ecocompatible sunscreen’. The patent was challenged by Beiersdorf-owned Nivea who questioned whether the product was sufficiently unique and its claim to leave coral and marine life intact substantiated. Aethic fought back, taking to crowd-finding site Crowd Justice to raise the necessary funds to mount its defence.  Aethic CEO, Allard Marx told Global Cosmetics News, “The attack was cordial in delivery but quite vicious in substance so it came as a great relief that good sense prevailed. I am grateful to...

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BASF opens Application Technology Lab for personal care in Nigeria

BASF has announced that its Care Creations segment has cut the ribbon on its new Application Technology Laboratory for personal care in Lagos, Nigeria. The new facility will provide the German ingredients supplier with local competence in application and formulation technology for sub-Saharan Africa. “Customized solutions meeting the specific requirements of consumers in different markets are key for business growth. With our broadened presence and the investment in a new Application Laboratory in sub-Saharan Africa, we can provide on-site technical expertise and market insights to our customers and support the local development of tailor-made products for the specific needs...

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E.l.f Beauty appoints new CMO

E.l.f. Beauty has announced the appointment of a new Chief Marketing Officer, Kory Marchisotto has been named to the role, effective at the end of this month. Marchisotto joins E.l.f. Beauty from Shiseido where she served as Senior Vice President, US Marketing for its bareMinerals brand. “Kory brings to e.l.f. a proven track record in strategically building brands and leading innovation. She is also a terrific leader, inspiring teams to achieve breakthrough results,” said Tarang Amin, e.l.f. Beauty Chairman and CEO. “We are thrilled to welcome Kory to the e.l.f. team and are confident that her rich experience in...

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I have confidence: Coty’s shares rally as Laubies promises action

Coty’s shares leapt some 27 percent in value on Friday after new CEO Pierre Laubies pledged to ‘work strongly’ to turn its tricky consumer beauty division’s fortunes around, according to a report published by the Financial Times. “There are some issues with how we market the Cover girl brand, and the team is taking stock. The brand deserves better and we’ll work strongly to turn it around,” Laubies said on an analyst call on Friday, per the Financial Times. Prior to Friday’s upsurge, the stock had lost more than two-thirds of its value since Coty acquired the P&G beauty...

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P&G acquires naturals period brand This is L

Procter & Gamble has announced its acquisition of This is L to meet growing demand for period products in the naturals segment. L’s product portfolio includes high-quality tampons, sanitary pads, liners and organic cotton wipes. It is stocked in more than 5,000 stores across the US and has enjoyed rapid growth. The purpose driven brand donates a proportion of the purchase price of every product sold to causes to improve product accessibility to girls and women in the US and around the world.   “This acquisition is a perfect complement to our Always and Tampax portfolio, with its commitment...

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