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THE WHAT? The Fair Trade Commission (FTC) has fined LG Household & Healthcare 307 million won (US$262,400) over allegedly failing to keep commitments at discount events held at franchise branches of The Face Shop, according to a report by Korea JoongAng Daily.  THE DETAILS The South Korean consumer goods company is said to have assured The Face …

THE WHAT? British supermarket Tesco has launched an in-store trial that will allow consumers to purchase beauty, household and food and drink products in reusable packaging as part of its strategy to cut down on single use plastic waste.  THE DETAILS The company has teamed up with reusable packaging platform Loop on the trial, with 10 Tesco …

THE WHAT? The Estee Lauder Companies-owned MAC has named Saweetie as its new global ambassador. THE DETAILS In a post on its Instagram feed, the make-up brand announced, “Our new Best Friend ‘Saweetie is the new MAC Girl and Global Brand Ambassador.” Further details about the collaboration are yet to be announced, although social media …

THE WHAT? 3M has announced the closure of its manufacturing facility in Swansea, Wales, according to a report published by The Herald. THE DETAILS The Penllergaer factory wrapped up its consultation period last week, confirming that some 89 roles will be made redundant. Lars Hanseid, Managing Director of 3M, North Europe, said, per The Herald, …

THE WHAT? Nestle is expecting the cost of raw materials and labor to soar over the next 12 months, and expects to pass on any input cost inflation to consumers via price hikes, according to a report published by Fox Business. THE DETAILS Speaking at a Barclays consumer staples conference, CFO Francois Xavier Roger said, …