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EU Moves to Tax Low-Value Parcels as China E-Commerce Floods Market
THE WHAT? The European Union has agreed to introduce a temporary €3 levy on small e-commerce parcels in response to the surge in low-value imports, primarily from China. THE DETAILS From July next year, parcels valued under €150 will face the interim charge, ahead of permanent customs duties planned for 2028 once a new…
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EU Raids Temu Over Suspected Breach of Foreign Subsidies Rules
THE WHAT? The European Commission has carried out unannounced inspections at Temu as part of an investigation into potential violations of the EU Foreign Subsidies Regulation. THE DETAILS The raid took place at one of Temu’s Irish premises, targeting possible foreign state support that could distort competition in the EU market. Temu, owned by…
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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.…
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Cosmo Pharmaceuticals Shares Surge After Male Hair Loss Treatment Delivers Breakthrough Phase III Results
THE WHAT? Cosmo Pharmaceuticals’ share price jumped 24% after the company reported statistically significant outcomes from two late-stage trials of its experimental male hair loss treatment. THE DETAILS The Switzerland-listed company announced that its clascoterone cream achieved major efficacy milestones in both Phase III studies. In one trial, patients recorded a 539% relative improvement…
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CTPA Publishes Guidance to Help Parents Navigate Children’s Growing Skincare Habits
THE WHAT? The CTPA has launched SkinCare Simplified – A Parent’s Guide to support parents as skincare interest grows among children aged 8–14. THE DETAILS With 42% of parents in the UK saying their child knows more about skincare than they do, and most now having regular skincare conversations at home, the CTPA has…
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Shiseido Announces Major Structural Reorganization and Senior Leadership Moves Ahead of 2026
THE WHAT? Shiseido has outlined significant organizational restructuring and a series of executive personnel changes, effective January 1, 2026, aimed at consolidating sustainability, digital, creative and governance functions across the global business. THE DETAILS The company will integrate its sustainability-related functions by establishing the Sustainability Strategy Acceleration Office under the Corporate Transformation Acceleration Department,…
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Experts Urge Ultrasound Use as New Study Exposes Serious Vascular Risks from Facial Fillers
THE WHAT? A new international study has identified significant rates of vascular occlusion linked to facial fillers, prompting calls for ultrasound mapping to prevent serious complications such as tissue damage and blindness. THE DETAILS Researchers reviewed 100 filler-related complication cases across six global centres from 2022 to 2025. Ultrasound scans showed nearly half had…
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Amazon to Expand Lending Operations in India Through Axio Acquisition
THE WHAT? Amazon is preparing to expand its lending footprint in India, with plans to offer small-business credit and additional financial products through Axio, the non-bank lender it acquired earlier this year. THE DETAILS Axio—currently focused on BNPL and personal loans—will resume lending to small businesses and introduce cash-management tools aimed at improving merchant…
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Costco Joins Legal Push for Tariff Refund Eligibility as Supreme Court Reviews Trump Trade Policy
THE WHAT? Costco has filed a lawsuit to secure eligibility for tariff refunds should the US Supreme Court overturn President Trump’s global tariff strategy, becoming one of the largest retailers to challenge the administration’s use of emergency economic powers. THE DETAILS The complaint, filed on 28 November in the US Court of International Trade,…
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Coupang Confirms Massive Breach Affecting 33.7 Million Customers
Coupang has disclosed a major data breach affecting nearly its entire customer base, with 33.7 million users’ personal information compromised. The post Coupang Confirms Massive Breach Affecting 33.7 Million Customers appeared first on Global Cosmetics News.