L’Oréal has purchased a 10% stake in Galderma, marking the company’s access to injectable products for the first time. Galderma reported that L’Oréal will not take a seat on the board, seeing as the two companies have competing skincare lines.
Avon Products Inc. the U.S.-based holding company for Avon, has filed for bankruptcy through Chapter 11 proceedings. This in no way affects Avon’s international business.
Personalized skincare brand, Curology has expanded into Walmart stores across the U.S. The brand will provide nine products and a Walmart-exclusive Acne Care Kit.
Singer and songwriter, Ariana Grande has launched a multi-fragrance collection that includes region-specific releases. The Lovenotes collection features four scents, each launched in a different region. Each scent comes in an A-shaped bottle with rose gold finishes.
A new report from Traackr provides insights into beauty trends with the most influence on social media and Pinterest. The report outlined beauty segments with the most engagement, top beauty brands, and trending styles.
Read the full list below.
Here are our top 10 most-viewed stories from the past week:
1. Ranking the Top 50 Cosmetic Companies
2. Top 15 Fragrances in the World in 2024
3. Top 10 Haircare Brands in the World—Ranked by Cosmetify
4. L’Oréal Acquires 10% Stake in Galderma
5. Top 20 Most Successful Celebrity Beauty Brands of 2023—Ranked by Cosmetify
6. Top 10 Most Popular Skincare Products in 2024—Ranked by Landys Chemist
7. Avon Products Initiates Voluntary Chapter 11 Proceedings
8. Curology Expands into Walmart Stores Nationwide
9. Ariana Grande Debuts Exclusive Fragrance Collection
10. New Report Shows Insights and Trends from Pinterest
Thanks for reading our Breaking News. We’ll have a new list for you next Monday.
Have a great week!