According to the terms of the transaction, WHP Global will acquire the Bonobos brand for $50 million, while EXPR will acquire Bonobos’ operating assets for $25 million and assume related liabilities.
Upwell Cosmetics’ motto is “Sea Forward” because the founders believe that the future of sustainable ingredients and materials lies in the ocean. This motto expresses the company’s commitment to valuing and utilizing ocean resources in a sustainable manner.
Procter & Gamble Co. has decided to discontinue its beauty tech brand Opté and shift focus to other brands that have already entered the market.
PLBY Group has decided to sell its subsidiary brand Yandy and refocus on its flagship brands, Playboy and Honey Birdette.
Levi Strauss & Co. has released its financial data for the first quarter of fiscal year 2023, ending on February 26, 2023.
The restructured company plans to raise $670 million through the sale of new shares after exiting bankruptcy proceedings and become a privately held company.
The acquisition agreement is contingent on a debt relief package of $690 million.
Matter of Fact advocates for simplified skincare and develops clinically validated formulas using researched ingredients.
House of M Beauty, founded by Vietnamese immigrant Anne Nguyen Oliver in 2019, is a skincare brand that specializes in saffron-infused products.
In 2017, True Botanicals received a minority equity investment from Unilever Ventures, a venture capital fund under the umbrella of consumer goods giant Unilever.
