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THE WHAT? Refinitiv has released its annual ranking of firms’ performance in Diversity & Inclusion. The industry with the highest D&I score is software and IT services; Kering, South Africa’s Woolworths and GlaxoSmithKline were the only beauty-related companies to secure a top 25 spot, ranked 9th, 12th and 21st respectively. THE DETAILS The United States …

THE WHAT? China has unveiled a five-year plan aimed at promoting more eco-friendly plastics, reducing the amount of plastic used in packaging and upping its recycling and incineration capabilities, according to a report published by Reuters. THE DETAILS The National Development and Reform Commission said that the country needed to control plastic pollution along the …

THE WHAT? Minimalist beauty brand Merit has announced a US$20 million Series A funding round led by L Catterton. Macy Venture Partners and Sonoma Brands also participated in the round. THE DETAILS The investment will accelerate Merit’s rapid expansion into an omni-channel, cross-category beauty brand, enabling the brand to continue to grow its color cosmetics …

THE WHAT? PZ Cussons-owned antiseptic brand, Camel, has launched the second tranche of its current CSR program, Because We Care, according to a report published by Peace FM. THE DETAILS The campaign aims to raise awareness of childhood cancer in Ghana as well as support those affected. For every bottle of Camel antiseptic sold up …

THE WHAT? L’Occitane has announced the appointment of André J. Hoffmann as the new company CEO. THE DETAILS Hoffmann will succeed current CEO Reinold Geiger, who is stepping down from his role yet will continue as Chairman of the Board and Executive Director.  In addition to his new position, Hoffman will continue as Vice-Chairman of the Board …