Business & Financial

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Elkimia Inc. accepts Government of Canada funding to expand

By Deanna Utroske

The sun care ingredient company is based in the National Research Council facility in Montreal, Québec. And thanks to the government’s economic recovery efforts, Elkimia is buying new equipment and developing more sun care actives.

photo courtesy of the brand

Piyush Jain joins personal care company Hand in Hand as CEO

By Deanna Utroske

Following a recent growth investment from the impact-investing strategy division of Bain Capital, the personal care product company announced changes in leadership, including the hire of former Unilever executive Piyush Jain.

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La Perla Beauty prepares to launch in the US

By Natasha Spencer

The newly-launched premium fragrance, color cosmetics, and body care brand sets its sights on the US as it hopes to leverage the region’s status as the biggest cosmetics market in the world.

The first products from the new brand are expected to launch in early 2022. Image © Nora Carol Photography / Getty Images

Scarlett Johansson to launch skincare brand in 2022

By Stephen Daniells

Award-winning actor Scarlett Johansson has become the latest celebrity to launch a cosmetics brand, with the Tony and BAFTA winner announcing this week that a new skincare brand is expected to come to market early next year.

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Natura &Co - one year in to the Commitment to Life

By Deanna Utroske

This month, the Brazil-based multinational beauty maker shared an update on its Commitment to Life, a corporate social responsibility initiative focused on “some of the world’s most pressing issues” first announced in June 2020.

photo courtesy of Shiseido Americas

Ron Gee takes top spot at Shiseido Americas

By Deanna Utroske

No longer the beauty maker’s Interim CEO and CFO in the region, as of July, Gee will lead Shiseido’s business in the US, Canada, and Latin America as President and CEO.

5 Insights on alternative funding for beauty startups

5 Insights on alternative funding for beauty startups

By Deanna Utroske

ATHR Beauty, the brand Tiila Abbitt is leading to “disrupt the $500 billion beauty industry with clean and sustainable makeup that works,” is in the midst of a funding raise; but it’s not the usual sort.

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Amyris sells flavors and fragrance business to DSM

By Deanna Utroske

In a deal expected to close today, DSM is buying the synthetic biotechnology company’s flavor and fragrance intermediates business to augment its own aroma ingredients offerings and bring bio-based fragrance inputs to the cosmetics industry.

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