Weekly Recap: Job Cuts, Restructuring, Fragrances & More

Here’s your weekly recap—the most-viewed news stories on our site for the week ending July 18, 2026.

L’Oréal Paris introduces Revitalift Melasyl Dark Spot Creamy-Serum. this Creamy-Serum is a breakthrough skincare innovation formulated to visibly correct dark spots, improve skin tone uniformity, and smooth wrinkles. The packaging was thoughtfully designed to elevate the consumer experience. The new twist-and-pump applicator that helps preserve the integrity of ingredients and ensures precise dosage with every use.

Procter & Gamble (P&G) is set to cut 7,000 non-manufacturing roles as part of a cost-cutting initiative to manage tariff pressure and global economic challenges. This is a reduction of roughly 15% of its current workforce over the next two years.

Valentino Beauty introduced an all-new fragrance duo, Vendetta, to its first Prestige fragrance franchise. Vendetta Donna and Vendetta Uomo come in matching rectangular bottles with a V motif and pleated caps.

Korean haircare brand FromLabs announced its launch at Sephora, marking the brand’s first major U.S. prestige retail partnership. FromLabs brings the advanced technology of Korean professional salons into consumers’ daily routines.

According to recent reports, Estee Lauder Companies (ELC) has decided against selling Dr.Jart, Too Faced, and Smashbox. Rather than selling the brands, ELC has explored different strategic options and chose to restructure the brands’ operating models.

Sol de Janeiro launched Cheiroso Cologne Mist, its first collection created for men. Inspired by Brazil’s deep soccer culture, these two portable fragrances come in bottles inspired by soccer’s most iconic jersey numbers.

Read the full list below.

Here are our top 10 most-viewed stories from the past week:

1. Ranking the Top 20 Cosmetic Companies 

2. Top Fragrances in the World in 2025

3. Hottest Beauty Brands of 2025—According to Cosmetify

4. L’Oréal Paris Revitalift Launches Melasyl Dark Spot Creamy-Serum

5.  P&G Plans to Cut Jobs to Offset Tariff Costs

6. Traackr’s Top Performing Beauty Brands

7. Valentino Beauty Unveils Vendetta Fragrance Duo

8. Korean Haircare Brand FromLabs Debuts at Sephora

9. Estee Lauder Cos. Decides Not to Sell Dr.Jart, Too Faced & Smashbox

10. Sol De Janeiro Enters Men’s Fragrance  

Thanks for reading our Breaking News. 

We’ll have a new list for you next Monday. 

Have a great week!