Weekly Roundup: L’Oréal, ELC and Essity make strides in social inclusion
04 Nov 2022 --- This week in personal care news, L’Oréal placed fifth in the Universum global list of companies students preferred for future employers. Additionally, The Estée Lauder Companies made Disability:IN’s list of the Best Places to Work for Disability Inclusion and scored an 80/100 on the Disability Equality Index. Essity also announced the continuation of its cooperation with the United Nations Foundation’s #EqualEverywhere to fuel gender equality worldwide.
Business news
The quarterly dividend for Estée Lauder Companies’ Class A and Class B Common Stock reportedly increased by 10% to US$0.66 per share, up from US$0.60 per share.
Essity announced the continuation of its collaboration with the United Nations Foundation by supporting the organization’s #EqualEverywhere campaign, which seeks to hasten the advancement of gender equality.
Perfect Corp., a provider of AR and AI solutions for the fashion and beauty sectors, declared that it has become a publicly listed company trading on the New York Stock Exchange.
Launches and releases
Representatives from Indus Biotech and Flora Reserve announced the launch of a dual-action anti-aging ingredient, FenuSmooth Eleutheroside-C Complex, at the Supplyside West ingredient tradeshow in Las Vegas, US. The complex has a dual-action mechanism that minimizes wrinkles while preserving the .png)
Kao Corporations Kanebo brand announced that it will be celebrating January 1, 2023, with the launch of a new face wash.skin’s ability to keep moisture in. It does this by lowering the enzymes that cause collagen to break down and by maintaining the skin’s natural barrier function.
Spa L’Occitane introduced a range of holistic treatments that will be exclusively available aboard the World Traveller Yacht, operated by Atlas Ocean Voyages. On this luxury cruise, 200 passengers will embark on a spa experience, visiting remote destinations worldwide.
The EcoBeautyScore Consortium website launched, comprising 60 cosmetics and personal care companies and professional associations. It aims to provide a scoring system and industry-wide environmental impact assessment for cosmetics goods.
Mibelle Biochemistry launched CalMandrin, an environmentally sustainable solution for combating inflammation and improving signs of aging in the skin. This solution is obtained through a distillation process of mandarin skins. It is noted to improve irritated skin, soothe inflamed and red skin, promote collagen production and improve skin firmness and density.
The Kanebo premium brand from Kao Corporation announced that it will be celebrating the Lunar New Year on January 1, 2023, with the introduction its “Kanebo Comfort Stretchy Wash Limited Edition 2023” facial wash.
Awards and recognition
Clariant’s active ingredient product Rootness Awake, which combats eye bags and under-eye circles, took home a gold ranking under the Environment and Actives categories of the BSB Innovation Awards.
Mibelle Biochemistry won an award at in-cosmetics Asia for NovoRetin, a plant-based retinol substitute.
L’Oréal placed fifth in the Universum global list of business students’ preferred firms for the second consecutive year. Data from 89,189 students who were asked to rank 40 factors for their future employer were gathered by the organization, and their responses ranked L’Oréal as the top European firm. The Business students noted L’Oréal for its people-centric culture that encourages growth through job mobility and early responsibility, a diverse and inclusive work environment.
According to a statement from Oxy Skin Care, all of its acne treatments are now dermatologist-recommended. The Oxy Cleansing Acne Pads, the Total Care, and the Advanced Care with Prebiotics lines are all designed to be robust yet gentle on the skin and offer clear, healthy skin for fair pricing.
The Estée Lauder Companies (ELC) made Disability:IN’s list of the Best Places to Work for Disability Inclusion and got a high score on the Disability Equality Index. Based on evaluation criteria such as Culture and Leadership, Enterprise-Wide Access, and Employment Practices, each participating company is given a score on a scale of 0 to 100. ELC scored an 80 overall.
Mibelle Biochemistry won the in-cosmetics Asia Innovation Zone Best Ingredient Gold Award for NovoRetin, which is a plant-based retinol substitute that exhibits advantages for impure skin and displays anti-aging effects, using enzymes to increase the amount of retinoic acid in the skin.
By Mieke Meintjes
