Beauty Market News: China Cosmetics Regulations Modernized, Florida Stops Local Oxybenzone Bans, More
L’Oreal acquires Thayers Natural Remedies; Unilever, L’Oreal remove ‘whitening,’ ‘fair’ from labels; China finalizes modernization of cosmetics regulations; and Florida governor signs law preventing local bans on oxybenzone.
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Some of the world’s biggest beauty and personal-care companies are struggling to slot themselves in the Black Lives Matter movement. Perhaps it’s best to lie low. Is that an option?