China's radiant male skincare market has a raft of domestic startups tapping global investors for funds, with ambitions to rival giants like L'Oreal in a billion-dollar business serving image-conscious millennial men.
Company executives told employees that the company will re-evaluate skincare and makeup lines for “cultural sensitivity,” examining the use of terms like 'brightening' and 'lightening', according to industry reports.
The New York-based cosmetics company announced on Wednesday that Jane Hertzmak Hudis, John Demsey and Stéphane de La Faverie have all gained new responsibilities as part of an organizational restructure.
The firm has appointed Jane Lauder to the new role of executive vice president, enterprise marketing and chief data officer, and named Michelle Freyre as senior vice president, global general manager, Clinique.
A number of fashion and beauty industry players announced initiatives to support Covid-19 relief on Wednesday, with Estée Lauder and PVH both pledging $2 million, while VF revealed a donation of $1.5 million.