L’Oreal Teams With Femtech Pioneer To Improve Menstrual Cycle-Skin Health Understanding
“Through this partnership we want to pioneer scientific innovation,” says L’Oreal’s Barbara Lavernos, president of research, innovation and technologies, who was named deputy CEO in October 2020.
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Maybelline Lash Sensational Sky High Mascara, along with NYX Shine Loud Lip Color and L’Oreal Paris Infallible Fresh Wear 24HR Foundation, were among innovations gobbled up by makeup-hungry consumers in the second quarter, which helped fuel 23% growth in North America in L'Oreal's fiscal 2021 first half.
Deputy CEO Nicolas Hieronimus will take L’Oreal’s helm beginning in May 2021, with Jean-Paul Agon continuing as chairman, the firm announced on 14 October. The Estee Lauder Companies hires PepsiCo’s Gibu Thomas to lead its online business, and Coty appoints its first chief digital officer.
There’s an increasingly familiar pattern to leading personal-care manufacturers’ benzene troubles in the states: Independent testing lab Valisure flags their product(s) as contaminated with the carcinogen; class actions file in federal courts; and, frequently, recalls are undertaken “out of an abundance of caution.”