South Korea’s Minister of Finance has announced that the country’s government will actively foster the cosmetics industry as an export growth engine. The move aims to capitalize on the surging global demand for K-beauty products, as the sector breaks another export record. 

UK cultivated meat company Meatly has begun fit-out work on a new pilot facility in London, less than two weeks after closing its £10.4 million Series A round. Once complete, the site is expected to house 20,000 litres of bioreactor capacity, which the company says would make it the largest cultivated meat facility in Europe.

Unilever has announced it will open a fragrance hub in Mumbai, India, strengthening its footprint in the burgeoning Indian beauty market. The lab will leverage consumer insights, neuroscience technology, and AI feedback to produce fragrances that drive growth as part of the company’s Desire at Scale marketing strategy.

Japan’s Consumer Affairs Agency (CAA) has released draft guidelines outlining the safety requirements that manufacturers of cultivated meat and seafood must meet before bringing products to market, presented at a May 28 meeting of the Food Sanitation Standards Council’s Subcommittee on Novel Foods.

With the turn of the summer, the athletic season heats up, and the personal care industry is responding with sports partnerships and sports-inspired skin solutions.

Massachusetts-based plant-based fast-food chain Clover Food Lab will reopen its Boston and Cambridge locations on June 9, less than two weeks after announcing it would permanently close following 17 years in operation.