Drunk Elephant: We’re open to offers
Cult start-up beauty brand Drunk Elephant is apparently open to the idea of a possible buy-out bid, however, no deal is close to being finalized, according to a report by Bloomberg. The company is said to have already instructed bankers to assist in any potential...
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Microsoft partners with Unilever to launch Xbox personal care range in Australia and New Zealand
Microsoft has partnered with Unilever to create gaming lifestyle products in the form of a new Xbox personal care range under the Lynx brand. The range is said to be launched exclusively in Australia and New Zealand this July, and includes body spray, deodorant and...
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Pepsico senior exec jumps ship to Reckitt Benckiser
Reckitt Benckiser has announced the appointment of Laxman Narasimhan has its new Chief Executive, effective September, 2019. Narasimhan, who has joined the company from his position as Chief Commercial Officer at Pepsico, will join the board on 16th July, succeeding...
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Benefit sponsors GirlGamer Esports festival
LVMH-owned Benefit Cosmetics has acted as a sponsor of the Sydney-based GirlGamer Esports festival, which was the company’s first foray into the gaming industry. Benefit had signage at the festival as well as offering product demos, with possible involvement in other...
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Argentina finalizes draft bill for industrial chemicals management
The Argentinian government has finalised the draft bill for industrial chemicals management, which is hoped to be presented to Congress before the October elections, according to a report by Chemical Watch. As part of the proposed bill, there would be a national...
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P&G pushes to #RedefineBlack and remove bias from dictionary definitions
Procter & Gamble has launched a campaign in partnership with DoSomething.org challenging dictionaries to reword the definition for ‘black’ in a bid to remove any implied link between people of color and negative uses of the adjective. The US FMCG giant’s...
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Back the bid: Oriflame urges shareholders to accept founders’ offer
Oriflame’s Independent Bid Committee is advising shareholders to accept the proposed takeover by the Swedish direct sales company’s founders, according to a press release issued by the company. However, the statement did reveal that the committee does not believe the...
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Givaudan named Global Conservation Hero by Conservation International
Givaudan has been named Global Conservation Hero by Conservation International in recognition of its commitment to forest conservation in the Caura Basin, Venezuela, particularly in protecting natural resources and empowering local communities. “We are deeply honoured...
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K-beauty retailer Olive Young launches global shopping site
K-beauty retailer Olive Young has launched a global e-commerce platform in a bid to expand its reach and raise awareness of K-beauty products worldwide, according to a report published by the Korea Herald. The online mall will allow overseas shoppers in 150 countries...
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MAC, The Body Shop, Birchbox and Glossier team up to protest state abortion bans
Lauder-owned MAC, Lush, Natura &Co’s The Body Shop US, Birchbox, Unilever’s Dermalogica, Ouai and Glossier are among a number multinational companies listed on a full-page ad taken out in The New York Times that protests against state abortion bans. “Restricting...
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