Lex Wexner, CEO of L Brands, has topped a list of the most overpaid CEOs, despite waning sales of its brand Victoria’s Secrets. 

Nippon Shikizai has acquired French cosmetics supplier Orléans Cosmetics through its European subsidiary Thepenier Pharma Industrie in a bid to develop its offerings in the French and European markets. 

The Estée Lauder Companies is set to launch Clinique, Estée Lauder and Aramis into the Nigerian market for the first time thanks to its new partnership with Jumia Online Retailer. 

Hong Kong-based beauty retailer Colourmix has been fined HK$160,000 for selling counterfeit Bioderma make-up remover across eight of its stores. 

French beauty powerhouse L'Oréal Paris has launched a branded Snapchat lens to celebrate its launch of the Infallible Paints collection, pushing ahead with its digital onslaught. 

Johnson & Johnson will cease the sale of plastic cotton buds in over half of the world in a bid to reduce marine pollution, according to a report published by The Independent.

Procter & Gamble’s Philippines arm has teamed up with the country’s Department of Trade to run a program aimed at helping the owners of neighbourhood stores, known as sari-sari, to expand their businesses, according to a report published by Kam City.

Beiersdorf is set to invest BR300 million to expand its Itatiba-based Nivea plant, which lies on the outskirts of Sao Paolo, Brazil, according to a report published by Cosmeticos.

Reckitt Benckiser is building a modern-day Procter & Gamble, according to a report published by Forbes magazine.

Shares in Shiseido fell 6.4 percent at last week’s close after the Japanese cosmetics giant lowered its earnings outlook for the year ahead, according to a report published by Barron’s Asia.

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