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Estée Lauder is allegedly suing Walmart over counterfeit products

A 110-page document accusing Walmart of selling ‘identical’ products to ELC’s owned brands Clinique, Tom Ford and Le Labo has reportedly been filed by the beauty giant with the US Court for the Central District of California
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Walmart International President and CEO Kathryn McLay to step down

McLay will stay in the role until 31 January and a successor will be named shortly
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Walmart founder’s daughter dethrones L’Oréal heiress as ‘world’s richest woman’

Alice Walton’s net worth increased to $95bn, placing her one step closer to breaking into the $100bn ‘centibillionaires’ club
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Body Care

Cosmetics Business Picks: 7 beauty launches out in August

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Walmart promotes Vinima Shekhar to VP of Beauty

Shekhar, previously VP of Wellness, replaces Creighton Kiper who has run the US retail giant’s beauty business since 2022
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Retail

How the wellness takeover of mass retail is changing the beauty landscape

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Skin Care

YouTubers Brooklyn and Bailey McKnight step into skin care with itk

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