Ulta Ups FY 2022 Sales Projections; US House Targeting PFAS Research; Personal Care News In Brief
Ulta Beauty doubles its comparable sales growth projections for fiscal 2022 to between 6% and 8%, citing faster-than-expected makeup recovery. German company Henkel is recalling Alterna Bond Repair Leave-in Heat Protection Spray due to potential microbial contamination. More news in brief.
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The Personal Care Products Council and other industry groups suggest they will support AB 2771 if amendments are made to promote international harmonization, among other changes. Already they advocated successfully for the bill’s scope to be limited to intentionally added PFAS, not “the mere presence of trace levels of fluorine in the product.”
EU Business News: Biofarm Wants Double-Digit Growth, Medis Strikes Salix Deal, Theramex Gets New Owners
A round-up of the latest European consumer health business news: Romania's Biofarm targets double-digit growth in 2022; Slovenia's Medis strikes deal with Salix for new product launch; and the UK's Theramex acquired by Carlyle and PAI Partners.
Ulta’s shop-in-shop partnership with Target Corporation, expansion of its Conscious Beauty platform, and its growing investment in BIPOC-associated brands were among highlights in fiscal 2021, which benefited from comparisons against 2020 when the world locked down under siege by COVID-19.