Grove Collaborative acquires ingestible skincare products maker Sundaily

Grove Collaborative acquires ingestible skincare products maker Sundaily

Grove Collaborative, a US-based e-commerce platform for natural home and personal care products, has acquired Sundaily, a manufacturer of ingestible skincare products. Sundaily, which was launched in 2018 as a Certified B Corp, manufactures daily gummies for healthy, glowing skin. The company’s gummies are said to fight back against skin stress from the inside out, […]

Greek soap manufacturer Papoutsanis secures EBRD funding

Greek soap manufacturer Papoutsanis secures EBRD funding

Papoutsanis, a Greek soap and liquid cosmetics manufacturer, has been granted €5 million of financing from the European Bank for Reconstruction and Development (EBRD) to support its investment program. Since 1870, Papoutsanis has been involved in the production, processing, trading, and marketing of cosmetics and personal care products. Listed on the Athens Stock Exchange, the […]

Rael launches Rael Beauty vegan skincare products line

Rael launches Rael Beauty vegan skincare products line

Rael, a US manufacturer of feminine care products, has launched a brand new range of advanced, vegan skincare products under the Rael Beauty brand to expand into wellness skincare products. The new skincare collection, which is said to be inspired by K-Beauty and developed with feminine care expertise, is formulated to balance the fluctuating needs […]

Eyelash extension studio chain Deka Lash to foray into Canada

Eyelash extension studio chain Deka Lash to foray into Canada

US beauty company Deka Lash, which specializes in eyelash extensions, is expanding globally with a launch in Canada. Established in 2011 by Jennifer Blair and Michael Blair, the beauty company started off as a single shop in a one-room studio outside of Pittsburgh in Shadyside, Pennsylvania. The retail salons chain launched its franchise concept in […]

Coty plans to divest professional beauty business and Brazilian operations

Coty plans to divest professional beauty business and Brazilian operations

Coty, a US beauty conglomerate, has announced plans to divest its professional beauty business and associated hair brands, as well as its Brazilian operations as part of its ongoing transformation. The potential divestiture is expected to help Coty focus more on its fragrance, cosmetics and skin care businesses. Aligned with Coty’s previously announced turnaround plan, […]

Shiseido to acquire US prestige skincare brand Drunk Elephant

Shiseido to acquire US prestige skincare brand Drunk Elephant

Shiseido acquisition of Drunk Elephant : Japanese personal care company Shiseido said that its US subsidiary – Shiseido Americas has agreed to acquire prestige skincare brand Drunk Elephant for an undisclosed price. The transaction is expected to bolster Shiseido’s position in the international prestige skincare market. Drunk Elephant was established by Tiffany Masterson in 2012 […]