Tarte Cosmetics marks 25th anniversary with Kindness Tour
Tarte Cosmetics has announced that it will mark its 25th anniversary with global, year-long tour featuring charity-driven activations in 25 cities to giveback to the communities that have contributed to the brand’s success.
Suave Brands Acquires ChapStick Brand
Yellow Wood Partners announced that Suave Brands Company will acquire the ChapStick brand from Haleon.
Jupiter Secures US$ 3M for Expansion
Jupiter, a premium hair and scalp care brand, secured US$3 million in an extended seed funding round with investments from Willow Growth Ventures and Springdale Ventures.
Target bets on wellness to boost sales; 1,000 wellness products hit shelves
Target is stocking its shelves with more than 1,000 wellness products to support its customers on their wellness journey. The new products span multiple categories from apparel to supplements and tech.
Native debuts whole body deodorant
Native has announced the launch of a line of deodorant sprays and sticks designed to offer odor protection for the whole body. Offering 72-hour freshness all-over, the products are designed for use on underarms, chest, underboob, privates and feet.
Neutrogena faces class action over preservative content
A class action lawsuit has been filed in a New York federal court alleging that Neutrogena’s T/Sal Therapeutic Shampoo is being falsely marketed as ‘preservative free’.
Pamela Anderson named as Co-founder and owner of Sonsie Skin
Minimalist skin care brand, Sonsie Skin has announced that Pamela Anderson will join the brand as Co-founder and owner. Together, the brand and Baywatch star will reinforce and amplify the brand’s commitment to crafting skin care solutions that embrace the individual.
Greg Renfrew returns to Beautycounter as CEO
Greg Renfrew has announced her return to Counter Brands to take the helm of Beuatycounter once more; she will resume her CEO title, effective February 1, 2024. Current interim CEO, Mindy Mackenzie will step down from her role, but continue to champion the brand as a member of the board.
P&G Q2 2024: sales up 3 percent but EPS drops 12 percent on back of Gillette writedown
Procter & Gamble has reported its results for the second quarter of fiscal 2024. The US-based FMCG manufacturer saw net sales rise 3 percent versus the prior year to US$21.4 billion. Organic sales increased 4 percent.
Cascadia acquires Threadstone Capital
Cascadia Capital has announced that it will acquire Threadstone Capital. Under the terms of the deal, Threadstone’s investment banking team will join Cascadia’s Consumer, Retail & E-commerce group. Financial terms were not disclosed.
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