News

Pacifica Beauty Receives Minority Investment From ACG

Natural-beauty products manufacturer Pacifica Beauty has received a minority investment from consumer-focused growth equity fund Alliance Consumer Growth (ACG). The investment will help Pacifica continue its product innovation and distribution expansion.

“Brook and Billy and the Pacifica team have built a truly impressive brand,” said Julian Steinberg, managing partner at ACG. “ACG couldn’t be prouder to partner with Pacifica to help fuel the next stage of their growth story.”

Sustainable Cosmetics Summit Addresses Industry Concerns

Chemicals in personal-care formulations, and resource and carbon management were among the industry concerns addressed during the Asia-Pacific and European editions of the Sustainable Cosmetics Summit, which took place Nov. 14-15 in Hong Kong and Oct. 24-26 in Paris, respectively.

Here are the highlights:

Environmental Impact:

Amazon Cracks Down On Fake Customer Reviews

Shoppers depend on product reviews more than ever, and e-commerce company Amazon recognizes that its customers’ purchases weigh heavily on reviews. As a result, the e-tailer has made updates to its customer reviews policy to ensure that its shoppers are experiencing the most authentic product reviews possible.

Amazon has reportedly sued hundreds of people and companies in recent years that provided fake reviews on its site for a fee or purchased them.

StyleCon 2016 Recap!

StyleCon 2016 was a lively event! On Saturday, November 5, thousands of beauty enthusiasts made their way to the Hangar at the OC Fair for the 10 a.m. opening. Paying anywhere from $39 to $300 for entry, pampering and generous swag bags, consumer attendees enjoyed exploring the latest in beauty and fashion—and making purchases at discounted prices. We saw a number of interesting new and emerging beauty brands—including family-owned and operated natural men’s grooming brand, Dapperman, as well as Daily Concepts, which offers innovative bathing products with an eco-friendly slant.

Walmart Expands Its Digital Payment Solutions

Walmart customers can now use Chase Pay on Walmart.com within the Walmart mobile application and in its stores through the Walmart Pay app.

The digital payment solution was created for Chase Visa credit and debit cards. It uses token technology—one-time complex codes—to process transactions and keep card information secure. Chase Pay does not interfere with customers earning rewards and receiving offers during payment.