Top Beauty Companies Announce Paper Packaging Progress; Sustainability News In Brief
Executive Summary
A growing number of cosmetics companies are throwing out plastic packaging once and for all. Estee Lauder Companies and e.l.f. Cosmetics announce the latest in their transition to sustainable paper packaging, while Shiseido highlights its ocean conservation work.
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E.l.f. Beauty’s inaugural Impact Report, IFF’s $30m investment in Singapore, Shiseido Europe’s acquisition of skin microbiome product specialist Gallinée, and more beauty news in brief.
E.l.f. Cosmetics Will Be ‘100% Clean’ Going Into 2022; Q2 Sales Up 27% To $92M
E.l.f.’s core consumer proposition continues to focus on quality, innovative products at accessible prices, but the company also has been working to strengthen its “clean” credentials, reformulating more than 350 SKUs in recent months to ensure that its namesake brand is “100% clean” by year-end.
Shiseido Aims To Be World’s No. 1 ‘Skin Beauty’ Company By 2030
With makeup and lipstick sales down globally at a time of wide mask use, Shiseido is focused on skin health, planning launches to address sensitive skin needs and heightened demand for cleansing and protection effects. In August, the firm projected a 16% decline in net sales for full-year fiscal 2020.