On April 18, Beautycounter, a well-known clean beauty brand, was bought back by founder and CEO Gregg Renfrew.
Beauty
KIKI World, a Los Angeles-based company that sells beauty products such as temporary hair paint and a liquid makeup pen, recently raised $7 million in funding from investors including New Incubation Ventures (NIV), the investment arm of Estee Lauder Inc.
Swedish fashion brand Acne Studios will launch its “first” fragrance since it was founded in 1996 on Wednesday, April 17.
On March 13, LVMH-owned Celine announced the launch of the brand’s first beauty line. The first collection to be launched is a set of 15 lipsticks called “Le Rouge Celine.”
Beyoncé’s hair care brand that she has been warming up to will finally be launched on February 20.
Dior’s first spa will open on the rooftop of The Lana at the Dorchester Collection, a luxury five-star hotel in the heart of Dubai.
On January 5, Korean skincare brand Laneige announced that its first global brand ambassador will be renowned actress and two-time Emmy Award nominee Sydney Sweeney.
On December 23, The Shiseido Americas Corporation, a Shiseido Company subsidiary, announced the acquisition of DDG Skincare Holdings LLC, which owns Dr. Dennis Gross Skincare.
Korea is one of the most advanced countries in the world in the beauty industry, but the popularity of Korean beauty is not limited to Asian countries; it is also creating a huge boom in the North American market.
Swedish fast fashion brand H&M will raise the price of garments produced in Bangladesh to compensate for higher wages for supplier workers.