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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.
Amyris to shut down Costa Brazil and Onda Beauty.
Amyris to shut down Costa Brazil and Onda Beauty. (Instagram/@costabrazil)
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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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Further Reading

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.

The Brand-Building Machines Behind Beauty’s Hottest Labels

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.

About the authors
Joan Kennedy
Joan Kennedy

Joan Kennedy is Correspondent at The Business of Fashion. She is based in New York and covers beauty and marketing.

Priya Rao
Priya Rao

Priya Rao is Executive Editor at The Business of Beauty at BoF. She is based in New York and oversees BoF’s beauty and wellness coverage.

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