Sophia PanychAs the sparkle-filled smoke clears after Met Gala Monday, the beauty industry turns its focus back onto itself this morning. Today’s biggest news concerns retail partnerships (Hayley Williams’ Good Dye Young), ambassador announcements (Barbie Ferrera for Sol de Janeiro), and deep dives into the future of Revlon post-bankruptcy, and the state of animal testing in the beauty industry. Read these stories and more in the links below.
Are There Still Beauty Brands Testing on Animals? The Cut does a deep-dive into how customers can distinguish if a product has truly been tested on animals in any way, shape, or form. (The Cut)
Sol de Janeiro Bets on Barbie. For its latest fragrance campaign, the Brazilian-inspired body-care brand announced its partnership with Euphoria star Barbie Ferreira. (Business of Fashion)
Hayley Williams’ Good Dye Young Launches at Ulta Beauty. The hair-dye brand, founded by the lead singer of Paramore and her hairstylist, is part of Ulta Beauty’s Conscious Beauty program and will be available in store and online. (Glossy)
Big-Spending Chinese Shoppers are Splurging Luxury at Home, Not Abroad Anymore. Even as travel restrictions have been lifted and Chinese tourists are slowly beginning to travel again, 62 percent of luxury spending by Chinese consumers took place inside its borders in April. (Bloomberg)
Can Revlon Regain Relevance as It Exits Bankruptcy? Revlon is officially out of bankruptcy, majority owner and charmain Ron Perelman is out, and a new board has been named full of corporate heavy-hitters in hopes to revive the brand and make it profitable.
(WWD)
Leading Beauty Investment Bankers On the Changing Landscape, Hot Categories and Top Deals: Part 1. The Beauty Independent highlights nine influential investment bankers, interviewing them about their careers, trending beauty categories, and their insights into the investment landscape. (Beauty Independent)
TikTok’s Head of US Trust and Safety Is Leaving. Eric Han was hired as the head of trust and safety for TikTok US Data Security, a separate entity created to convince the government that the app shouldn’t be banned. (The Verge)
