Suppliers and manufacturers to the U.S. cosmetics and personal beauty care products industry at risk of higher import costs, reduction in operations, and more.
Beauty formulators must continue to strengthen supplier relationships, particularly amidst the push for greener and more sustainable product development, says the president of the Society of Cosmetic Scientists (SCS).
Cosmetic new product development is a layered and lengthy project, and increasing speed of trends is adding pressure, but a new platform aims to a help by consolidating the process into one program.
The rise of consumer demand for sustainable beauty products has made an already complicated material acquisition process even harder, but a new platform is out the change that.
Personal care major Unilever has set aside more money to conduct business with suppliers owned or managed by under-represented groups, including those led by women and people with disabilities.