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Beauty retailer delivers AI-based 'lip service'
Estée Lauder is making it even easier for online customers to choose — and purchase — their next tube of lipstick. Through its partnership with ModiFace, the beauty retailer launched a chatbot that helps customers find their ideal lipstick color. The conversational lipstick "advisor," which is accessible on Facebook Messenger, enables online and mobile users to interact with two of Estée Lauder’s lipstick lines. -
Report: The Body Shop to be sold in $1 billion deal
It appears that L'Oreal has settled on a buyer for The Body Shop. The French cosmetics giant is in exclusive talks to sell its Body Shop division to Brazilian make-up company Natura Cosmeticos, Bloomberg reported. The reported price: $1.1 billion, Natura is the largest Brazilian cosmetics company. The transaction would be subject to regulatory approval and would be expected to close later this year.