Tag: cosmetics

Cosmetics Giant Revlon Files for Bankruptcy Amid Increased Competition, Supply Chain Disruptions

Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday after struggling with debt and competition from online-focused upstart brands and amid soaring inflation levels plus supply chain issues. The company, owned by billionaire Ron Perelman’s MacAndrews & Forbes, listed assets totaling $2.3 billion as of late April, according to a June 15 filing with the U.S….


Green Beauty Product Testing Finds More Than 60% Have PFAS Indicators

Green cosmetic makers know their audience. One manufacturer, in addition to the standard lines about how long-lasting and colorful their product is, says that their lip tint is “cruelty-free,” vegan, and made from wholesome ingredients like coconut oil and shea butter. Missing from the product description is any reference to per-and polyfluoroalkyl substances, or “PFAS” — although…


Toxic Chemicals Found in Half of Commonly Used US Cosmetics: Study

Toxic cancer-causing chemicals have been detected in more than half of commonly used cosmetics sold in the United States and Canada, a study has found. New research from the University of Notre Dame shows that many of the cosmetics contain high levels of chemicals which are resistant to breaking down in the environment—known as perfluoroalkyl…


US Charges New York Cosmetics Executive With Iran Sanctions Violations

WASHINGTON—U.S. prosecutors said on Tuesday they charged the president of a New York cosmetics company for his alleged involvement in a conspiracy to violate U.S. economic sanctions on Iran. Michael Rose, president of Forsythe Cosmetics Group LLC, is accused of skirting U.S. sanctions between 2015 and 2018 by arranging for the export from the United…