“A V-Shaped Recovery Is Unlikely”: Investment Experts Discuss The State Of The Economy And Beauty Businesses
Nini Zhang, director of the luxury and beauty division at Credit Suisse, doesn’t expect the United States economy to rapidly return to full force. “A V-shaped recovery is unlikely due to unemployment numbers and the continued uncertainty,”...
Artisan Marketplace Novica Acquires Beauty Subscription Box Company Love Goodly
Novica is getting into the beauty business. The online marketplace that hunts around the world for goods crafted by skilled artisans has acquired a company in its Los Angeles area backyard: Love Goodly. Terms of the deal...
Four New Hand Sanitizer Brands Created Virtually Overnight
Hand sanitizer sales shot up 470% at the beginning of March as panicked Americans stockpiled the basic germ fighter to combat coronavirus. Since then, the panic has calmed, and hand sanitizer sales have slowed, in part due to...
Unprecedented Hand Sanitizer Demand Pushes Soapbox’s Production From 160K To 7M Units
For 18 months, Soapbox had been fruitlessly trying to convince Starbucks to bring its hand soaps into the coffeehouse chain’s locations. In February, the personal care brand caught a major break. It had the ability to produce...
Under The Hood Of Waldencast, The Investment Firm Founded By Former L’Oréal Group President Michel Brousset
Waldencast wants to be a backer of brands that has brands’ backs. Started last year by Michel Brousset, former group president of L’Oréal’s North American consumer products division, the investment firm is carving out a principled position—sustainability,...
