A California jury on Monday heard opening statements in the latest trial over allegations that Johnson & Johnson’s talc-based products, including baby powder, were contaminated with asbestos and cause cancer.
The news that sales fell at Walgreens Boots Alliance and that the firm wants $1bn in cost savings has shone the spotlight firmly on UK beauty chain Boots and could see it responsible for a huge chunk of the cuts.
India’s drugs regulator has ordered Johnson & Johnson to stop manufacturing its Baby Powder in two of its Indian factories until test results prove they are free of asbestos, a senior official said on Thursday.
The cosmetics giant has announced the launch of a new corporate venture capital fund dubbed ‘BOLD Business Opportunities for L'Oréal Development,' which will focus on taking minority stakes in innovative startups.
The reality TV star and beauty entrepreneur has hinted in an interview that a skincare brand could be in the works, following her domination of the cosmetics industry via her KKW Beauty and KKW Fragrance brands.