Coty Takes Bold Step: Divests Stake in Kim Kardashian's Beauty Empire
In a surprising move that has sent ripples through the beauty industry, Coty Inc. announced its decision to divest its stake in SKKN BY KIM, the beauty brand founded by reality TV star Kim Kardashian. This strategic shift arrives as Coty continues to refocus its portfolio and sharpen its competitive edge in the rapidly evolving cosmetics market.
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L'Oréal Issues Urgent Recall of Acne Treatment Amid Cancer Risks
In a significant safety alert for consumers, L'Oréal has announced a recall of its acne treatment product, "La Roche-Posay Effaclar Deep Cleansing Foaming Cream," due to the presence of benzene, a chemical that has been linked to cancer. This recall affects a considerable number of units sold across the United States, raising concerns among users about the ongoing safety of skincare products and the regulation of chemicals used in cosmetics.
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