Focus:
Frontier IP has acquired a 25% stake in Des Solutio in exchange for commercialisation services, including contract negotiation, identifying potential industry partners, scaling up technology, and helping with validation.
UK retailer Boots has launched the Harry Potter collection of beauty products in collaboration with Warner Bros and Wizarding World.
Unilever has formed a new collaboration with animal protection group HSI to support a ban on animal testing in the cosmetics industry.
Ardian has signed an agreement with Moonlake Capital to sell European hotel cosmetics company ADA Cosmetics Holding.
British cosmetics company The Body Shop has collaborated with animal protection and advocacy group Cruelty Free International to submit a petition opposing animal testing in cosmetics.
Italy-based bioplastics and biochemical company Novamont has unveiled a line of biodegradable cosmetics ingredients.
India-based Ecotrail Personal Care has secured Rs150m ($2.07m) from Addvantis Enterprises in a series A1 funding round.
Beauty and personal care brand Avon Products is planning to consolidate its US operations into existing facilities in Suffern, New York.
UK-based Designer Parfums has announced leadership changes to support the development of new brands, geographical expansion, and streamlining of operations to create synergy across the business.
Private equity manager Lighthouse Advisors' affiliate Lighthouse India Fund III has invested Rs1.13bn ($15m) to acquire a minority stake through a secondary share sale in Indian online beauty retailer Nykaa.
