Opulus, Clarisonic Co-Founder’s Single-Serving Skincare Brand, Shutters

Opulus Beauty Labs, the skincare device brand Clarisonic co-founder Robb Akridge launched in 2020, has closed. The closure, which occurred on Dec. 30, was announced on Opulus’s website, where it addressed customers by...

Fresh Off Wander Beauty Exit, Serial Entrepreneur Divya Gugnani Talks Fundraising And Growing Fragrance Brand 5 Sens

Serial entrepreneur and investor Divya Gugnani has sold Wander Beauty, the brand of convenient beauty essentials she started with model Lindsay Ellingson in 2015, to holding company NamelessCPG, where it joins a portfolio with Everly, Wile,...

The Bullish Outlook For Beauty M&A And Bearish Prospects For Early-Stage Funding This Year

Although the number of beauty deals didn’t tank in 2024—through October last year compared to 2023, investment bank Capstone Partners estimates there were 57 versus 43 transactions—a significant portion of the volume was from struggling assets...

Skincare Company Stratia Opens Contract Manufacturer Sespia To Serve Small Beauty Brands

Stratia, the science-forward direct-to-consumer skincare brand, is branching out to serve other brands with Sespia, a new contract manufacturing, formulation and fulfillment subsidiary. As medium and big beauty manufacturers consolidate, Sespia’s...

Are Skincare Device Brands Good Investments?

In the beauty industry, there are several categories that seem perennially poised to pop in the United States, particularly if they’ve gained traction abroad. The beauty device category, which is expected to accelerate globally at...

Hakkawise Grows Beauty And Wellness Portfolio With Men’s Skincare Brand Wolf Project

Hakkawise, an acquirer and builder of e-commerce brands, has purchased Wolf Project for an undisclosed price. The deal comes as the men’s skincare brand is preparing to launch online at Target by the second quarter this...

On Pause For Now, Canadian Beauty Brands Voice Opposition To Trump’s Tariffs

While exhibiting at Shoppe Object, a New York home and gift trade show, over the weekend, Sheena Brady, founder of Tease, an Ottawa-based wellness tea brand with over 40% of its customers in the United...