Archives for May 1, 2023

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L’Oréal on Aesop: Beauty giant eyes ‘huge prospective growth’ for Aēsop in Asia led by China

01-May-2023

By Amanda Lim

L’Oréal’s CEO has expressed excitement over the prospect of acquiring Australian luxury brand Aesop, which he believes holds tremendous potential in Asia, and in particular, China.

Cosmetics companies ‘advised to’ phase out PFAS in products and develop alternatives amid tightening regulations – analyst

01-May-2023

By Hui Ling Dang

Thailand’s Food and Drug Administration (FDA) has responded to growing concerns on the use of “harmful chemicals” in cosmetics by drafting a proposal to ban 13 types of per- and polyfluoroalkyl substances (PFAS).