Agenda-setting intelligence, analysis and advice for the global fashion community.

Amyris to Shut Down Costa Brazil and Onda Beauty

Thirty six employees across the shared service teams of the brands and Amyris will be let go, according to a person familiar with the matter, as the beauty conglomerate struggles to find its footing.

07 August 2023

Amyris, the biotechnology and product manufacturing company, is shutting down two of its beauty labels: Brazilian skin, hair and fragrance line Costa Brazil, founded by former Calvin Klein designer Francisco Costa; and clean beauty retailer Onda Beauty, co-founded by actress Naomi Watts,

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Amyris CEO John Melo Departs

John Melo, the CEO of biotechnology company and beauty operator Amyris, is leaving his post as CEO and the company’s board of directors, according to a statement.

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In the last decade, incubators aimed at churning out brands have become a force throughout the industry. The Business of Beauty unpacks the pros and cons to the model, as well as what incubators and their brands need to do to stay competitive in a crowded market.

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