It is reported that Too Faced will lay off 22 employees and Smashbox will lay off 37 employees.

Toy Box is reportedly planning to launch its first two brands, Drunk Diamond, a jewelry cleaner, and Polite Society, a cosmetic brand.

Abstract: In the first half of this year (2022 H1), China's cosmetic retail sales totals 190.5 billion yuan, down by 2.5% year-on-year,...