Procter & Gamble has formed a global pledge to invest resources into the development of plant-based PET for use in the packaging of its personal care products and other consumer goods.
Beauty foods are hotting up as an area of interest for
multinationals, if rumours about a Coca Cola-L'Oréal collaboration
for a tea-based skin care drink prove founded.
Mass cosmetics maker Revlon has said that president and chief
executive Jack Stahl will be leaving the company to be replaced by
CFO David Kennedy, as the company struggles with lackluster sales
and mounting debts.
Japanese cosmetics company Shiseido is gearing up to roll out Aroma
Works - a cosmetics and beverage brand - to be launched in
collaboration with US soft-drink manufacturer Coca Cola.