Q1: Olehenriksen appointed fashion designer Anine Bing as its first Global Scandi Brand Advisor. Pendulum announced actress Halle Berry as Equity Owner, Investor, and Chief Communications Officer. Louis Vuitton tapped Pharrell Williams as its new Men’s Creative Director. Noble Panacea announced Christy Turlington as its ‘Fundamental Changemaker in Residence.’ The US Supreme Court threw out a gender bias case against P&G. Nykaa experienced a mass exit of executives.
Q2: Istituto Marangoni launched a Fragrance & Cosmetics academic program. Kao announced a new pan-regional structure for its Functions and Operations unit. LVMH’s headquarters got caught up in the French pension protests. A judge slammed Ulta’s settlement offer in a wage dispute as ‘too low’. Lush ushered in an above-inflation pay rise for its UK staff.
Q3: Coty teamed up with Spatial to create a metaverse for employees. Emirates collaborated with Dior and Davines to create a crew beauty hub. Walgreens Boots Alliance announced plans to reduce its corporate office staff by up to 10 percent. Boots employees were affected by a Zellis data leak. The salon located in Bergdorf Goodman closed its doors. Chanel, Lloyds Pharmacy, and Marks and Spencer were among the 202 employers named by the UK government for failing to pay their lowest-paid staff the minimum wage, with Chanel owing a total of £70,413.59 to 2,590 workers for payroll errors between 2017 and 2019. Smashbox and Too Faced announced layoffs. The maker of Boots No 7 announced the closure of its Nottingham factory. The Taliban ordered the closure of all beauty salons in Afghanistan. Rikkie Valerie Kolle became the first trans woman to win the Miss Netherlands title. Ukraine’s National Agency on Corruption Prevention labeled Unilever, P&G, and Yves Rocher as international sponsors of war.
The Emirati Human Resources Development Council (EHRDC) and L’Oréal Middle East have established a partnership. CVS announced plans to cut approximately 5,000 roles in a bid to reduce costs. Despite a 90% fall in profits and receiving a £5.1 million government bailout, Lush provided its executives with £4 million in bonuses. Yves Rocher has decided to shut its doors in Germany, Austria, and Switzerland. The Professional Beauty Association (PBA) and the Texture Education Collective (TEC) have proposed bill A5443/S3845, which is focused on standardizing textured hair training for cosmetologists. Oriflame announced it will eliminate about 20 percent of its staff positions, reducing its headcount from 4,450 to 3,600 as part of a wider cost efficiency program.
Q4: The Estée Lauder Companies announced that Chairman Emeritus Leonard Lauder has decided not to stand for re-election to the company’s Board of Directors. The Chair of Reliance Industries, Mukesh Ambani, nominated his three children to the Board as part of his long-term succession plan, while his wife, Nita, surrendered her seat. The Estée Lauder Companies agreed to settle a class-action lawsuit alleging that the US prestige beauty giant breached its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by charging excessive fees.
Macy’s Inc. announced plans to hire 38,000 seasonal workers this holiday season across its department store brands, Bluemercury, and distribution centers. The Perfume Shop successfully secured certification as a Top Employer from the Top Employers Institute. Walmart changed the titles and compensation for its corporate staff, reducing stock compensation for about 4% of these employees. Estée Lauder announced a substantial cut in executive pay for 2023. Superdrug offered a lifeline to Wilko workers, and Chanel created a new role: Director of Ideation and Creative Influence Strategies.
Unilever froze new CEO pay until 2026 after shareholders rejected the remuneration report and began the process of laying off 169 employees at its manufacturing plants in Amityville and Farmingdale, New York. Spain’s CCOO union, representing warehouse and delivery workers, called on Amazon staff to stage a one-hour protest per shift on Cyber Monday. Revolution Beauty negotiated a settlement with founder Adam Minto and former colleague Tom Allsworth. Shiseido announced the creation of a new division named the Value Creation Strategy Division. Christian Louboutin named Morgane Martini as the Global Makeup Artist for its beauty arm.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
