Amyris to Shut Down its Two Beauty Brands

According to a reliable source, approximately 36 employees from the shared service teams of Costa Brazil, Onda Beauty, and Amyris in New York (excluding their locations in California and Brazil) are expected to be laid off.

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Amyris, a biotechnology and product manufacturing company, will be closing down two of its beauty brands: Costa Brazil, a skincare, haircare, and fragrance line founded by former Calvin Klein designer Francisco Costa, and Onda Beauty, a clean beauty retailer co-founded by actress Naomi Watts, as reported by The Business of Beauty.

Amyris is a leading biotechnology company accelerating the world's shift to sustainable consumption through its Lab-to-Market™ technology platforms in the beauty, health and wellness, and flavors and fragrances markets On April 5, 2023, Givaudan acquired the key cosmetic ingredient portfolio of Amyris, Inc.

According to a reliable source, approximately 36 employees from the shared service teams of Costa Brazil, Onda Beauty, and Amyris in New York (excluding their locations in California and Brazil) are expected to be laid off. However, Amyris has not confirmed the exact number of affected employees. Costa Brazil's representative mentioned that the brand will undergo a reorganization. Additionally, Amyris will also be discontinuing its sweetener company, Purecane.

Kelly Devers Franklin, the Director of Corporate Communication at Amyris, stated in an email to The Business of Beauty, "We have been actively working to advance our strategic transformation and create a sustainable company, which includes divesting from businesses that are not essential to our future. We are appreciative of the teams that have contributed to the success of these remarkable brands."

Amyris acquired Costa Brazil in March 2021 and purchased Onda Beauty in April 2022.