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Augustinus Bader has given its best-selling product a vegan update. The Rich Cream, which beauty industry insiders voted the greatest skin care product of all time, has dropped beeswax from its formula — a request from customers that Professor Bader incorporated into the product’s first reformulation. The new formula still features TFC8 — the company’s patented blend of natural amino […]
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Hair color business Madison Reed has raised $52 million after doubling itd business during the coronavirus pandemic. Madison Reed said it saw sales surge 130 percent in 2020 as more people colored their hair at home, and industry sources said the company now has well in excess of $100 million in sales. “We have a completely different business than we […]
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MEXICO CITY — “We need a tax reform in our country and we are fighting very hard for that,” asserted Ricardo de Nobrega, international trade manager at Brazilian top beauty trade lobby Abihpec, which is pressuring Brasília to cut taxes and slash bureaucracy to enable exports to flourish. “We don’t have a problem with innovation. In fact, the industry launched […]
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The Estée Lauder Cos. said sales gained 5 percent over the holiday quarter, fueled by a massive jump in skin care sales. “We are proud to have returned to growth in our second quarter, earlier than we anticipated, demonstrating the enduring success of our multiple engines of growth strategy,” said Lauder president and chief executive officer Fabrizio Freda in a […]
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Winnie Harlow is joining John Paul Mitchell Systems as the company’s first global ambassador. “My mom is a hairdresser, so hair has always been really important to me and a big part of my childhood, but I never actually thought about doing a hair campaign,” said the model, 26, in an exclusive statement. “I’ve done many campaigns in my life […]
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While 2020 proved to be a nail-biter of a year for the mass market, data from IRI shows that the nail category actually ended up on top. Data from IRI, ending the week of Dec. 27, showed nail products exhibiting double-digit growth for the year — but other categories were not so lucky. “If you were a beauty manufacturer in […]
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Australian-based skin care brand Ultraceuticals is expanding to the U.S. The launch was initially set for early 2020 but was pushed back due to the health crisis — until now. “The U.S. market was really interesting strategically to us for many reasons,” said Karen Wilkin-Donachie, chief executive officer. “It’s very attractive size-wise. It’s also very competitive. To some degree now, […]
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Function of Beauty has raised a $150 million Series B from L Catterton. The business will use the money to continue scaling its personalized beauty operation, which launched in 2016 with custom hair products, and this year expanded into body and skin care. WWD had previously reported that Function of Beauty was expected to come to market in 2020, and […]
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All products featured on Allure are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. If you follow us at Allure, you should know we have our annual awards every year to narrow down our favorite beauty products of the year (Best of Beauty and Readers' Choice Awards). So, […]
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This article was featured in issue number three of WWD Beauty Inc’s new weekly newsletter. To sign up, click here. Ken Cook, president and cofounder of the Environmental Work Group, was perhaps the most in-demand speaker at this year's PCPC event. Beauty executives poured into a small room to hear what Cook had to say, which was in effect, that […]
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