Phoenix, AZ-based Skinbetter Science “has become one of the fastest growing medical-dispensed skincare brands in the United States,” recording nearly $95m in sales for the 12-month period ended 31 August 2022, and shows “great international potential,” according to L’Oreal leadership.

Environmental sustainability and DEI will remain key priorities for P&G as it enters a fiscal 2023 that augurs even greater volatility than 2022. The firm’s net sales for the 12 months ended 30 June increased 5%, or 7% organic, to $80.2bn, propelled by an 8% pricing increase in the fourth quarter.

Beauty and personal-care companies building a compliance strategy across states should consider starting with California’s SB-54, as it is the “strictest law in place,” experts agreed at the Independent Beauty Association’s recent Supply Chain & Sustainability Conference. They encouraged companies to assess packaging across SKUs and participate in state-level regulatory development processes.