Beauty & Balance

L’Oréal Invests in Biotech

PARIS — L’Oréal is dipping into biotech. The French beauty giant said Wednesday that it has taken a minority stake in Carbios, a French company that produces bio-industrial solutions to reinvent the lifecycle of plastic and textile polymers. Terms of the deal, which was made through L’Oréal’s corporate venture fund BOLD, Business Opportunities for L’Oréal Development, […]

Beauty & Balance

Taking the Confusion Out of CBD

Standard Dose founder and chief executive officer Anthony Saniger is aiming to take the confusion out of CBD. Saniger was a stressed-out brand consultant when he started researching CBD as a component in an overall health and beauty routine. He wasn't alone in his stress and anxiety — he's part of an anxious generation. "One […]

Beauty & Balance

The Evolution of Bluemercury’s Digital Strategy

Barry Beck and Marla Malcolm Beck have been selling luxury cosmetics online since before the new Millennium. Now an omnichannel business carrying 115 brands, Bluemercury was born as a digital-first company. In 1999, the Becks secured a million-dollar investment from Steve Case, a cofounder of AOL; Ted Leonsis, a former AOL executive, and Edward J. […]

Beauty & Balance

Mental Health Initiatives Inside Beauty & Fashion Companies

Companies are making products to raise awareness for mental health, and at the same time, some of them are undertaking initiatives to promote mental health among their employees. Coty Inc. Coty is offering employees a yearlong subscription to Headspace, a meditation app. The business also has two in-house health and wellness coaches, and offers up […]

Beauty & Balance

Coty Sales Slip 10.4 Percent, But Loss Narrows

Coty Inc. sales continued to slip in its fiscal third quarter, but new chief executive officer Pierre Laubies is creating a plan to hoist them up. "We must capitalize on the solid results of the Luxury and Professional Beauty divisions, and address the weakness of the Consumer Beauty division's performance via shelf productivity, product range […]

Beauty & Balance

Cannabis Beauty by the Numbers

Interest in cannabis beauty is increasing rapidly, according to a variety of data providers. Here's a look at what consumers are searching for. Search interest in cannabidiol reached an all-time high in March, according to Google. CBD gummies were a top-trending food in the U.S. — behind unicorn cake and Romaine lettuce — in 2018, […]

Beauty & Balance

Drew Barrymore, Walmart Unveil Flower Home

Drew Barrymore has embarked on several business ventures over the years — production, wine and fashion to name a few — and along the way she’s learned some lessons. Perhaps the most important lesson she’s learned is to keep things streamlined. “If you stay in one lane and associate with one word — a tentpole, […]

Beauty & Balance

Revlon Loses Billion-Dollar Brand Status

The Revlon brand is out of the billion-dollar club. The flagship line of Revlon Inc., which includes makeup, hair color and beauty tools, declined to $998.3 million in net sales for 2018, according to the company's latest earnings report. For 2017, the segment posted $1.09 billion in sales. Before that, the company was organized differently […]