Lush has announced that US customers will have to swallow price hikes as a result of Trump’s proposed tariffs on imports from the UK and Canada. The ethical beauty firm has stated that it does plan to have a factory in the US. It comes after Trump defended his new tariffs, describing them as “medicine” […]
Juice Beauty Liquidating Assets
Juice Beauty, a pioneer in the natural personal care industry, is liquidating its assets. According to news reports, the company has entered an Assignment for the Benefit of Creditors and transferred ownership of all its rights in tangible and intangible assets to a new limited liability company (Juice LLC) who will liquidate them and distribute […]
Coty Announces Higher ESG Ratings
Coty has received improved ESG scores from two leading ratings agencies—MSCI and Sustainalytics—reflecting stronger performance in environmental, social, and corporate governance areas relevant to its beauty business. MSCI upgraded Coty’s ESG Rating from BB to A, citing improvements in packaging waste, raw material sourcing, chemical safety, and governance. The company also maintained the highest rating for […]
Tariffs Making Weleda Consider US Production
Weleda, the Switzerland-based organic cosmetics company, is considering production in the United States to escape Trump’s tariffs on European products. “We have been working on this for several weeks,” CEO Tina Muller told the German news agency Dpa. According to recent figures, the Arlesheim-based company achieved a turnover of EUR 456 million (USD 493 million) in […]
Aveda Launches Paper-Based Sachets
Aveda has announced the global launch of its recyclable sample sachets, which it says will reduce plastic by over 80% compared to its 10ml plastic tubes. First introduced locally in 2021, Aveda continued its collaboration with supplier Xela Pack to develop the sample package for global launch. The new design is apparently made from FSC-certified paper. The sachet […]