AGP Executive Report
Last update: 10 hours agoNew Ventures: Kenyan MP Njeri Maina has launched Skinly, a Nairobi beauty, spa, fashion and lifestyle business that has hired six people under 25, with more jobs planned. Regulation: EU lawmakers approved simplified rules for hazardous substances in cosmetics, a notable change for brands navigating ingredient requirements. Market Growth: L’Oréal reported €35.3 billion in sales, led by fragrance and haircare, and is studying skincare needs among people using GLP-1 weight-loss drugs. K-Beauty: Korean brands claimed seven of Amazon’s ten most-clicked beauty items, while expanding pharmacy and retail reach signals the category’s continued global momentum. Brand Moves: Huda Kattan has bought back the investor stake in Huda Beauty, restoring full founder ownership; Rejuran is expanding in the U.S. through Costco’s first beauty-table program. Skin Care: Doctors say “winter face”—dryness, dullness and more visible lines—is usually temporary. After cosmetic treatments, they advise keeping routines gentle and protecting skin from the sun.
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