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The Estee Lauder Companies Inc. is being targeted in a new proposed class action investor lawsuit that claims the company 'made false and/or misleading statements and/or failed to disclose that Estee Lauder was unable to effectively manage its supply chain and product manufacturing, resulting in reduced revenues and margins, and increased inventory levels,' per one report.
Explaining the Potential Estee Lauder Lawsuit
While sales challenges are generally not actionable, the proposed suit claims that top executives and the company misled investors regarding the challenges of inventory in the U.S. and Asia markets, as well as "supply chain issues."
Dec 11th, 2023
The initiative gives girls and young women the opportunity to connect and meet researchers and scientists.
Provital Participates in the #100tífiques Initiative
Provital aims to encourage young girls to pursue a career in science while highlighting the relevance and strategic role of women in science and technology.
Feb 18th, 2021
The Body Shop Looks to Cut Manufacturing
The Body Shop, a L'Oreal-owned company, has announced plans to cut 275 jobs, many in manufacturing and distribution.
Mar 5th, 2009
New Natural Brand Joins the Green Movement
The green movement has undoubtedly taken off. Joining it is the natural brand green by nature which has just broken on to the scene.
Oct 30th, 2008
Isobionics New Distillation Plant
Isobionics Opens Distillation Plant in the Netherlands
In a virtual opening, Isobionics unveiled its new distillation plant at site in Geleen, Netherlands—increasing production of natural fragrances and flavors.
Feb 11th, 2021
These plantings could result in up to 480,000 pounds of carbon dioxide offsets annually.
Ashland Supports The Nature Conservancy's Forest Restoration
Ashland’s donation of $20,000 will be used to plant approximately 10,000 trees.
Apr 23rd, 2021
Gattefosse 140 Year Celebration
Gattefossé Celebrates 140 Years with 16 Themes
To celebrate 140 years, Gattefossé has developed an interactive website to guide users through a timeline of its history, achievements and key areas of focus, which are still relevant today.
Sep 1st, 2020
Youth to the People was founded in 2015.
L’Oréal Acquiring Youth to the People
The brand is expected to record over $50 Million of sales in 2021.
Dec 9th, 2021
The European Commission Releases Public Consultation
The European Commission released a consultation regarding the simplification of the European Cosmetics Directive.
Oct 30th, 2008
Can't Attend the SCC December Meeting?
If you can't attend the December meeting of the Society of Cosmetic Chemists (SCC), join the conversation 'vitrually' by following Cosmetics & Toiletries editors' daily updates.
Dec 8th, 2010
SCC Launches 'Ask the Expert' Tool
The Society of Cosmetic Chemists (SCC) has created an online forum for the exchange of ideas and new developments in cosmetic research and technology.
Aug 21st, 2009
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Maroon Group Expands in the Americas
“As an organization that has sourced products globally for more than 40 years, investments in dedicated experts embedded in key sourcing regions was a strategic priority for us,” said Mike McKenna, Maroon Group’s president and COO.
Nov 7th, 2019
The Midwest SCC Announces Trade Show
The Society of Cosmetic Chemists' Midwest Chapter has sent out a save the date for its Teamworks 2008.
Oct 30th, 2008
Pure & Cimple simplifies skin care regimens with a streamlined collection of three products: the superCerum Pure Vitamin C serum, superRenew Night Treat oil and superSupple Hydrate + Glow prebiotic moisturizer.
Pure & Cimple Enters the U.S. Market
Pure & Cimple’s simplified approach to skin care focuses on research-backed formulas, potent active ingredients, and organic botanicals and herbs that combat an array of skin maladies and support the skin at all stages.
Sep 8th, 2022
The cosmetics R&D industry is in a “Beauty Renaissance,' led by three key muses: holistic beauty, sustainability and technical innovation.
Cosmetics & Toiletries Reveals 2024 Editorial Themes
Consumers are testing the limits of beauty innovation like never before, which elevates the competition in this crowded market space. That's why in 2024, Cosmetics & Toiletries will focus on empowering cosmetics and personal care innovators.
Aug 23rd, 2023
Menlo Therapeutics and Foamix Pharmaceuticals have completed their merger, creating a combined company focused on the development and commercialization of therapeutics for dermatologic indications.
Menlo Therapeutics & Foamix Pharmaceuticals Complete Merger
Menlo Therapeutics and Foamix Pharmaceuticals have completed their merger, creating a combined company focused on the development and commercialization of therapeutics for dermatologic indications.
Mar 18th, 2020
The acquisition represents a market growth engine for Barentz and its principal suppliers.
Barentz Acquires Viachem in the USA
The acquisition represents a market growth engine for Barentz and its principal suppliers.
Oct 14th, 2022
The skin care brand has become a carbon net zero certified brand.
The Inkey List Receives B Corp Certification
Its packaging is now 100% recycle-ready, with all of the bottles and tubes now a minimum of 50% PCR.
Jan 17th, 2023
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