Nigeria has implemented a six-month prohibition on the export of raw shea nuts. This measure aims to enhance the nation's shea refining capabilities and maximize economic returns from the global shea market. Despite contributing significantly to worldwide shea production, Nigeria currently captures only a fraction of the market's value due to unprocessed exports. The government anticipates this ban will elevate annual revenues, foster job creation, and regulate cross-border trade, potentially impacting the beauty sector's supply chains.

InNature Bhd is set to acquire The Body Shop Singapore Pte Ltd for S$3.16 million (approximately RM10.41 million), with the transaction expected to finalize by the end of October. This strategic move, funded through existing cash reserves, marks a significant expansion for InNature, extending its operational reach beyond its current 105 outlets across Malaysia, Vietnam, and Cambodia. The acquisition positions InNature to tap into Singapore's flourishing beauty market, which is projected to reach US$1.29 billion by 2025, with a substantial portion of sales driven by digital platforms.

LAWLESS Beauty and LoveShackFancy have joined forces to release a limited-edition collection of two new shades for the popular Forget The Filler Lip-Plumping Line-Smoothing Gloss. This collaboration marks LAWLESS's inaugural brand partnership and LoveShackFancy's first foray into the beauty industry, blending LAWLESS's scientifically-backed plumping formula with LoveShackFancy's distinctive romantic aesthetic. The glosses, presented in charming, fanciful packaging, are scented with pink vanilla sugar and enriched with Maxi-Lip™, hyaluronic acid peptides, Shea Butter, and Rosehip Oil, providing enhanced hydration, volume, and a smoothing effect.