French beauty major L’Oréal has signed a deal to acquire Natura &Co-owned Australian luxury skin care brand Aesop in a deal set to propel global growth for the cult, clean aesthetic brand.
A group of beauty majors have kickstarted an EcoBeautyScore Consortium, set to establish a brand-agnostic and transparent global environmental impact scoring system by the end of this year.
Natura &Co’s The Body Shop will heavily invest in regenerative business innovation over the next decade, including advanced use of biotech and carbon capture, its head of innovation and sustainability R&D says.
HENKEL, L’OREAL, LVMH, NATURA &CO AND UNILEVER EXECUTIVES WEIGH IN
Executives from Henkel, L’Oréal, LVMH, Natura &Co and Unilever say co-developing an industry-wide environmental impact assessment system is critical for the sustainable future of cosmetics.
Henkel, L’Oréal, LVMH, Natura &Co and Unilever are forming a global beauty consortium to co-develop an industry-wide environmental impact assessment and scoring system for cosmetics.