Eileen Francis

1 week ago | insights.citeline.com | Eileen Francis

L’Oréal, LVMH On First Quarter ChallengesL’Oréal Groupe reports in a first quarter presentation that its US business was more challenging than anticipated, while China “was slightly less bad” and Europe represented the best growth contributor. Separately, LVMH's Sephora sees ‘less momentum’ in its US business as competitor Amazon takes an aggressive position on beauty pricing.

1 week ago | insights.citeline.com | Eileen Francis

Estee Lauder Faces Securities Fraud Suit After District Court Denies Motion To DismissA US district judge for the Southern District of New York denied The Estee Lauder Companies, Inc.’s motion to dismiss a securities fraud lawsuit filed by shareholders who said the company concealed its reliance on a gray market retail revenue stream, which ultimately caused sales and the stock price to plunge.

1 week ago | insights.citeline.com | Eileen Francis

NAD Under New Head Marcus Targets ‘AI Washing,’ Ads For Children The National Advertising Division will pursue advertising that boasts the benefits of artificial intelligence before those benefits are actually achieved, says new NAD head Phyllis Hurwitz Marcus in an interview.

2 weeks ago | insights.citeline.com | Eileen Francis

European Commission’s Omnibus VII Bans Two Nail Care Ingredients Starting 1 September Two nail care ingredients included in the European Commission’s Omnibus VII , which encompasses around two dozen ingredients overall, are banned in Europe starting 1 September.

2 weeks ago | insights.citeline.com | Eileen Francis

European Cosmetics Industry Argues Against Potential Ban Of Widely Used Fragrance, Cosmetic Ingredient Ethanol Cosmetics Europe also is pushing against the CMR categorization of common oral care ingredient sodium fluoride and fragrance material paracymeneCosmetics Europe is working to obtain derogations for three fragrance and/or cosmetic substances that may be categorized as carcinogenic, mutagenic or reprotoxic, which could result in a ban of their use under the Cosmetic Products Regulation.