Beauty Store Business magazine - January, 2020

beauty industry

The NPD Group Announces Lori Monaco as President of U.S. Beauty

The NPD group has named Lori Monaco president of its U.S. beauty division. Monaco has been with NPD since 2003 and formerly served as the president of the firm’s fashion footwear, accessories and luxury divisions. She will now manage NPD’s portfolio of U.S. beauty services and product contributions. Monaco holds 25 years of experience in market research, strategy, consumer insights and business development spanning numerous industries.

Congressman Sessions Introduces The Safe Cosmetics Modernization Act

U.S. Congressman Pete Sessions (R-Texas) introduced H.R. 4075, The Safe Cosmetics Modernization Act, Nov. 18.

"This legislation reforms and improves the Food and Drug Administration’s ability to streamline and strengthen consumer safety requirements without strangling small businesses in the cosmetic industry with onerous regulations," said Sessions, who is Chairman of the House Rules Committee.