Last week, John Legend unveiled a skincare and bodycare line, Loved01—following the trend of men entering the beauty business. The new brand launches on February 1st.
In other news, beauty incubator Forma Brands, which owns Morphe, Ariana Grande’s REM Beauty, Lipstick Queen and more, has filed for Chapter 11 Bankruptcy in the US Bankruptcy Court for the District of Delaware. Direct parent company, FB Debt Financing LC Guarantor, L , has entered into a definitive asset purchase agreement with a group of secured lenders, under which substantially all of Forma Brands’ assets will be acquired.
Lastly, Lancôme, a L’Oréal brand, appointed American Gen Zer, fashion icon and entrepreneur Emma Chamberlain as global brand ambassador.
Here are our top 10 most viewed stories from the past week:
1. Ranking the Top 50 Cosmetic Companies
2. Sephora Removes Addison Rae and Hyram Yarbro’s Brands from Shelves
3. WSGN & Coloro Name Apricot Crush as Color of The Year 2024
4. Top 10 Beauty Brands in The US For Q1 2022
5. John Legend Launches Skincare Line
6. Rodan + Fields Pays $38 Million To Resolve Lash Boost Class Action Lawsuits
7. Forma Brands Files for Chapter 11 Bankruptcy
8. Top 10 Haircare Brands in The World—Ranked by Cosmetify
9. Lancôme Taps Emma Chamberlain as Global Brand Ambassador
10. 4 Key Beauty Trends For 2023 By Trendalytics
Thanks for reading our Breaking News. We’ll have a new list for you next Monday.
Have a great week!