Toxic Chemicals Found in over Half of Cosmetic Products

In this May 22, 2018, cosmetic products are prepared for display inside the new Givenchy space at the revamped second floor devoted to beauty at Saks Fifth Avenue in New York. (AP)
In this May 22, 2018, cosmetic products are prepared for display inside the new Givenchy space at the revamped second floor devoted to beauty at Saks Fifth Avenue in New York. (AP)
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Toxic Chemicals Found in over Half of Cosmetic Products

In this May 22, 2018, cosmetic products are prepared for display inside the new Givenchy space at the revamped second floor devoted to beauty at Saks Fifth Avenue in New York. (AP)
In this May 22, 2018, cosmetic products are prepared for display inside the new Givenchy space at the revamped second floor devoted to beauty at Saks Fifth Avenue in New York. (AP)

Women who slather on makeup day after day don't look so great 30 years on. That's one great reason to stop wearing makeup. Here's another: The makeup itself is a toxic swamp.

After decades of women asking for safe products, cosmetics still contain a stew of worrisome ingredients, the Tribune News Service reported.

Researchers at the University of Notre Dame announced this week that they found substantial evidence of per- and polyfluoroalkyl substances (PFAS) in more than half of popular cosmetic products, even though almost none were listed on ingredient labels. PFAS are commonly added to increase water resistance and durability.

US Senators Susan Collins and Richard Blumenthal responded swiftly, proposing a bill that would ban the entire class of chemicals.

Specific PFAS have long been banned in Europe and manufacturers have responded by simply substituting in other PFAS.

These compounds are associated with a raft of health ailments ranging from cancers to high cholesterol. Short version: You don't want them on your face.

"Lipstick wearers may inadvertently eat several pounds of lipstick in their lifetimes," says Graham Peaslee, senior author of the study and professor of physics at the University of Notre Dame.

"But unlike food, chemicals in lipstick and other makeup and personal care products are almost entirely unregulated in the US and Canada. As a result, millions of people are unknowingly wearing harmful chemicals on their faces and bodies daily."

The study did not single out individual companies, but said the problem is endemic to the cosmetics industry. Conclusively pinpointing the widespread presence of unlisted ingredients is a project.

This study was a five-year, three-country effort by 16 researchers at five universities and the Green Science Policy Institute.



Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery

A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
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Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery

A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)

Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the company's shares up 7% on Wednesday.

With fresh styles becoming a priority for consumers, Birkenstock's sandals and closed-toe clogs have drawn new customers both at its own stores and at retailers.

The company bypassed steep discounting trends evident during the holiday shopping season, which Birkenstock executives said was off to a strong start globally.

"The expansion of ranges into more closed-toe silhouette has helped boost revenue, given that they offer multi-season wear," Susannah Streeter, head of money and markets at Hargreaves Lansdown, said.

Germany-based Birkenstock's average selling prices across its product range were up 8% in fiscal 2024, in part due to higher sales of clogs, the company said, adding that closed-toe styles now made up about a third of its business.

The company has invested in expanding its global store presence and increasing manufacturing capacity this year to meet demand.

While it led to a 330-basis point drop in gross margins in fiscal 2024, Birkenstock forecast a recovery in margins in fiscal 2025 as it ramps up production from new facilities.

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros, according to data compiled by LSEG.

However, Birkenstock's forecast for fiscal 2025 revenue to increase between 15% and 17% was below estimates of 17.5% growth.

"It would appear with this incredibly healthy growth, the company is choosing to adopt a conservative approach that they expect to be able to meet and beat," BMO Capital Markets analyst Simeon Siegel said.

On an adjusted basis, Birkenstock earned 0.29 euro per share, beating estimates of 0.26 euro.