Natura & Co has finalised its Avon acquisition, creating a global pure-play beauty giant and direct-to-consumer leader – a mega-business it wants to use to fight the climate crisis, champion cruelty-free, female empowerment and local communities.
Beauty biotechnology will gain importance in the coming years, driven by environmental concerns and limited natural resources, but industry will have to work hard at creating positive consumer perceptions, says Royal DSM.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences creates a monopoly in fragrances that will shake-up global supplies for beauty and personal care, says Euromonitor International.
PZ Cussons will continue monitoring its palm oil supply chain through independent satellite tracking technology and work closely with high-impact and smallholder suppliers for the last push on its goal of 100% ‘no deforestation, no peat and no exploitation’...
Interest in FairWild certification to protect plant biodiversity and harvesting livelihoods continues to blossom, and beauty can play its part in driving wider protection and certifications, says the foundation’s executive officer.
As worries of freshwater supplies continue to mount, the cosmetics industry must challenge itself look to more unconventional sources of H2O, such as coconuts, birch tree water and seaweed, to reduce its freshwater footprint.