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Luxury beauty in business: Puig, Dolce & Gabbana and Capsum push beyond core categories

Luxury giants are looking beyond their established strongholds for their next phase of growth, pushing into makeup and skin care with planned US and Asia expansions. Puig posted record third-quarter net revenue of €1.39 billion (US$1.56 billion), up 5.6% like-for-like, with makeup, niche fragrances, and dermocosmetics among the categories delivering double-digit growth. 
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Waste-derived feedstocks push circular beauty toward commercial scale
Circular feedstocks — ingredients sourced by upcycling food, agricultural, or industrial byproducts — are emerging as minimally resource-intensive personal care solutions as the industry pushes to achieve genuine sustainability.The beauty industry is increasingly rooted in sustainability through heightened consumer demands and tightening regulations. The sector is also facing an enhanced sense of urgency to generate resource-low ingredient options as supply chains feel the strain of climate-related biodiversity loss. 
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Reusable period care moves beyond eco hook to comfort and cultural fit
The reusable menstrual product category is growing due to product differentiation, according to Yuji Health. More open conversations around periods over the past years, coupled with a push toward clean beauty, are causing a boom in menstrual cups, reusable pads, and period underwear.  But now, the non-single-use period care segment is maturing further from its initial sustainability focus and moving to secure a position in the mainstream by offering easier-to-use products. 
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Sustainable beauty solutions
Innova Market Insights data indicates that new personal care launches with sustainable claims grew at a +31% CAGR from July 2021 to June 2026. While cruelty-free remains a key consumer marker of sustainable beauty, innovation is expanding into areas such as sustainable oils, 2-in-1 formats, recycled materials, and reef- and ocean-friendly solutions.
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Who masters the art of multifunctionality? We do.
Multifunctional ingredients are transforming personal care preservation by combining microbial protection with formulation efficiency, natural-origin positioning, skin benefits, sensory enhancement and easier processing. Ashland’s recent launches illustrate how preservative strategies can deliver added value, helping formulators create safer, more transparent, consumer-relevant products with stronger performance and clearer ingredient purpose.

This Technical Paper is brought to you by Ashland.
EvanHealy video thumbnail: Smiling bearded man alongside Evanhealy organic skincare products, including facial tonic, purifying infusion and eye balm, set among autumn leaves
EvanHealy: Botanical beauty and fostering farmer relationships

David Gordon, co-founder and CEO at EvanHealy, talks to us about building a botanical skin care brand in an increasingly crowded market. He explains how EvanHealy’s approach to ethical sourcing centers on personal relationships with farmers and producers, trust, and working with people who have a deep understanding of the land. We also explore the impact of climate change on botanical skin care and why direct engagement with farms is becoming increasingly important to ensure an ethical relationship with botanical sourcing.

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Cosmax and Harvard Med eye weight-loss market as beauty and pharma blur
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Cosmax is using its microbiome research to enter the wellness and pharmaceutical markets through a partnership with Harvard Medical School researchers. The Korean beauty manufacturer’s push beyond cosmetics into biotech and medicine comes as demand for weight-loss drugs and clinical anti-aging rises. Cosmax signed a joint research agreement with Mass General Bingham (MGB), a Harvard-affiliated hospital network based in Boston, US, according to the Korean Times. Under the project, the partners aim to develop health supplement ingredients and drug candidates for weight management, metabolic health, and anti-aging. It will run through 2029.
“Cosmetic cowboy” crackdown: England proposes beauty procedure restrictions
woman getting injection
The UK government this week announced a new set of proposed regulations hiking guardrails against unqualified personnel from carrying out cosmetic procedures in England.The restrictions target high-risk procedures such as chemical peels, vampire facials, and liquid Brazilian butt lifts (BBLs). These procedures would also be banned for people under 18. Breaching the proposed regulations would constitute a criminal offense, with some violations carrying unlimited fines or fixed penalties of up to £4,000 (US$5,348).
Solabia sharpens cosmetics focus with diagnostics divestment
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Ingredient supplier Solabia is sharpening its focus on cosmetics, nutrition, and life sciences. Astorg, Solabia’s majority owner and pan-European private equity firm, has announced it is strategically repositioning the company’s portfolio. Solabia plans to divest its microbiology diagnostics division to enable it to concentrate on its core markets. Under the proposed transaction, the division will be acquired by Oxoid Remel Microbiology, an Astorg portfolio company acquired in August 2026. 
Amazon Prime sales reward beauty brands building demand before discounting
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Beauty and Cosmetics was the most-purchased category on Amazon during Prime Big Deal Days 2026, held earlier this month from October 6–7. During the shopping event, skin care brands claimed nine of the top ten bestselling spots, but according to a report by Market Defense, prior demand drew shoppers in more than the lure of a discount. The report shows shoppers discovering products through influencers, brand affiliates, and social media platforms, before arriving on Amazon with a specific item or ingredient on their mind. According to Market Defense, brands should prioritize “capturing demand rather than manufacturing it through aggressive promotions” as they head into the final months of 2026.
Clinical Color Cosmetics: Brand launch puts “skinification” in makeup
dose of derm product photo
Skin longevity makeup brand Dose (of) Derm has launched, converging multifunctionality and “skinfication” trends in dermacosmetics. The brand is powered by clinical-grade skin care, applying the principles of dermatology-based skin care performance to makeup routines.Dose (of) Derm is developed by board-certified dermatologist Dr. Sheila Farhang and is introducing her trademarked category, Clinical Color Cosmetics, to the beauty industry. Clinical Color Cosmetics are said to pair high-performance color with clinical skin care. 
Menopause supplements need women-only trials to move beyond wellness claims
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Nutrition Insight

During Menopause Awareness Month, Nutrition Insight meets with industry players to discuss how they are balancing efficacy, safety, and credibility as women at this life stage often want natural or non-hormonal solutions. Gnosis by Lesaffre, Lallemand Health Solutions, and Lallemand Bio-Ingredients also highlight what evidence is still missing to help move menopause products from wellness claims to trusted solutions. 
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Business News
Global beauty shifts from selling to building in India
The global beauty industry is building in India instead of solely expanding in the country. What was once a focus on selling into India has progressed to investing in long-term commitment in the country. In the past few weeks, growth moves in India have spanned the entire value chain. Symrise has expanded fragrance ingredient production in the country. Kiko Milano announced plans to double its retail footprint. Nykaa and L’Oréal launched a new Kiehl’s product, and The Estée Lauder Companies (ELC) named the latest winners of its Indian founder program. 
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Policy & regulation news
Staggered deadlines complicate EU citral compliance for...
The EU’s incoming citral restrictions contain staggered deadlines that could catch out some cosmetics companies. Personal care products containing the same molecule may have to exit shelves a month apart, creating compliance confusion. Regulation (EU) 2026/909 sets product-specific limits for several cosmetic ingredients, including citral, after safety assessments by the Scientific Committee on Consumer Safety (SCCS). The known fragrance allergen was evaluated for its potential to cause skin sensitization. The regulation converts the committee’s safe-use levels into maximum concentrations for different personal care products (lip care, oral care, fragrance, etc.). 
A guinea pigs smelling a substance out of a bottle.
Health and Beauty
PETA warns BEMT use will cost US beauty brands’...
PETA (People for the Ethical Treatment of Animals) will remove cosmetics companies from its Ultimate Cruelty-Free List if they use bemotrizinol (BEMT). BEMT is the US Food and Drug Administration (FDA) newly approved sunscreen active ingredient. BEMT gained authorization in June this year after over 20 years of inaction from the agency in sun care. The regulatory nod came after a decades-long push from the US beauty industry. 

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Anti-aging collagen solutionsOct2026

Innova Market Insights data shows that consumers worldwide are increasingly interested in collagen as part of their diet, with aging-related concerns emerging as an important area of focus. Reflecting...

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Biocell Collagen

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Next-level “skinification” Oct 2026

Innova Market Insights data indicates a 38% growth in skincare-related claims in hair and body product launches from July 2021 to June 2026. This trend highlights the growing convergence of skincare and haircare, as brands increasingly apply skincare-inspired ingredients, technologies, and targeted benefits to products for the hair, scalp, and body.

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Sustainable beauty solutionsOct 2026

Innova Market Insights data indicates that new personal care launches with sustainable claims grew at a +31% CAGR from July 2021 to June 2026. While cruelty-free remains a key consumer marker of sustainable beauty, innovation is expanding into areas such as sustainable oils, 2-in-1 formats, recycled materials, and reef- and ocean-friendly solutions.

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EvanHealy video thumbnail: Smiling bearded man alongside Evanhealy organic skincare products, including facial tonic, purifying infusion and eye balm, set among autumn leaves
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EvanHealy: Botanical beauty and fostering farmer relationships

David Gordon, co-founder and CEO at EvanHealy, talks to us about building a botanical skin care brand in an increasingly crowded market. He explains how EvanHealy’s approach to ethical sourcing centers on personal relationships with farmers and producers, trust, and working with people who have...

Azitra video thumbnail: Laboratory researcher handling a sample beside a microscope, with a black-and-white portrait inset in a pink circular frame
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Azitra: Functional human filaggrin for barrier support
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LeNose targets Gen Z home luxury with perfumer-crafted hand soaps
Vantage body care ad featuring a woman applying a body scrub, with the message “Body care meets faceification. High-performance, head to toe
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Body care meets faceification. High-performance, head to toe
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