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Seoul Beauty Club Raises US$2m Pre-Seed to Expand U.S. K-Beauty Platform
THE WHAT? U.S.-focused K-beauty subscription platform Seoul Beauty Club has raised US$2 million in pre-seed funding to scale its personalised skincare offering. THE DETAILS The round included investors from Korea and the U.S., including Sazze VC, Hustle Fund, Collaborative Fund Asia and Mashup Ventures. Operated by Faiston Corporation, the platform targets U.S. women aged…
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TPG Exits Most of Anastasia Beverly Hills Stake, Taking Major Loss
THE WHAT? TPG has largely exited its investment in Anastasia Beverly Hills through a debt restructuring, significantly eroding its approximately US$600 million stake in the cosmetics company. THE DETAILS The private equity firm acquired around 38% of the brand in a leveraged deal and now holds an estimated 6% following the restructuring. The move…
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FDA moves to update sunscreen standards with the addition of bemotrizinol
The U.S. Food and Drug Administration (FDA) has taken the first steps in more than two decades to add a new U.V. filter to its list of permitted active ingredients in over-the-counter (OTC) sunscreen products. If finalized, it would bring additional options to formulators seeking broader spectrum coverage. Amid push to modernize OTC standards…
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Native to Launch 50-Episode Microdrama Series, “The Golden Pear Affair”
THE WHAT? P&G’s Native brand is preparing to release a 50-part microdrama series called The Golden Pear Affair, positioned as the first branded, feature-length “microsoap” to debut in the U.S. THE DETAILS Native’s microdrama is produced in a vertical, short-form format and will promote the brand’s Global Flavors collection, which includes deodorants, hand soaps,…
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Unilever Sets Annual M&A Budget of €1.5 Billion With Priority on U.S. Deals
THE WHAT? Unilever CEO Fernando Fernandez has stated that the company is allocating approximately €1.5 billion (US$1.74 billion) annually for mergers and acquisitions, with a strong focus on opportunities in the United States. THE DETAILS Fernandez disclosed the figure at a JPMorgan-hosted event, noting that U.S. assets represent a primary target area for future…
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Edgewell Launches National Razor Recycling Program With TerraCycle
THE WHAT? Edgewell Personal Care has introduced a free, nationwide recycling program for Schick and Skintimate disposable razors in collaboration with TerraCycle. THE DETAILS The Edgewell Schick and Skintimate Free Recycling Program enables consumers across the continental U.S. to return used disposable razors and associated plastic packaging through a prepaid mail-back system operated by…
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French and U.S. industry groups warn consumers about counterfeit cosmetics
Ahead of the festive season, the fragrance and cosmetics industry is warning of a wave of fakes, dupes, counterfeits and non-compliant products that are just a click away. The main industry associations in France and the United States say consumers are being exposed to serious risks when purchasing these goods. As cut-price counterfeit cosmetics…
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Switzerland secures retroactive cut of U.S. customs duties to 15%
U.S. customs duties on Swiss products will be reduced to 15% with retroactive effect from November 14, the date a draft agreement was signed, Bern announced on Wednesday, December 10. In return, Switzerland will lower its customs duties on selected U.S. fishery and agricultural products, the Swiss Ministry of Economy said in a statement.…
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Sephora US to Bring SEPHORiA Back to Los Angeles With New “Beauty Multiverse” Concept in 2026
THE WHAT? Sephora US is reviving SEPHORiA in Los Angeles, introducing a new “beauty multiverse” format that expands the event into a multi-day, multi-brand experiential platform built around education, product discovery and consumer engagement. THE DETAILS The event will take place in Downtown LA and marks SEPHORiA’s first return to the city since 2019.…