THE WHAT? Johnson & Johnson’s newest bid to settle tens of 1000’s of talc-related lawsuits has been rejected by a U.S. chapter decide. The proposed US$10 billion deal was meant to resolve ongoing claims that the corporate’s iconic child powder and different talc-based private care merchandise contained asbestos and triggered ovarian most cancers. THE DETAILS […]
Japanese cosmetics big Shiseido reported a web lack of 10.8 billion yen (about USD 71 million) for 2024, principally as a result of a stoop in gross sales within the Chinese language market. It was the agency’s first web loss since 2020 and the COVID-19 pandemic. Whereas it falls sharply (-73% in comparison with 2023), […]
French cosmetics big L’Oréal reported an increase in third quarter gross sales on Tuesday, October 22, that missed expectations. Gross sales for the three months to the top of September had been EUR 10.28 billion (USD 11.11 billion), up 3.4% on a like-for-like foundation at fixed alternate charges. The group mentioned the turmoil in Chinese […]