Archives for May 20, 2020

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A bite for beauty? Global luxury goods to decline 18% in 2020 amid COVID-19

20-May-2020

By Kacey Culliney

The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.

J&J will stop selling talc-based Baby Powder in US and Canada

20-May-2020

By Deanna Utroske

The announcement comes less than one month after a judge’s ruling opened the door to thousands of lawsuits against the multinational medical and CPG company; but Johnson & Johnson attributes the decision to a COVID-19 portfolio assessment.