The craze is here. CBD is swiftly taking over the beauty and wellness sectors. Search interest in cannabidiol reached an all-time high in March, according to data from Google, and "what is CBD?" is currently the search engine's top CBD-related question. Brands big and small are racing to push product to market to capitalize on
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Olaplex has hired Financo to explore deal options, according to industry sources. The business does about $100 million in sales, and is looking for an investor, sources said. The process is said to be primarily focused on private equity firms. Olaplex was the first to bring bond-building products, which aim to repair damaged hair, to
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Saks Off 5th is betting on a beauty label of its own. The off-price retailer announced today the launch of Fifth City, its first private label beauty collection. The line makes its debut with more than 35 products that span face, eye and lip products, as well as makeup brushes and hair accessories. Starting today,
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Birchbox, which started the beauty box craze in 2010 with a $10 subscription program, is changing its prices. "If you're more committed to us, then we can give you more for less," said Katia Beauchamp, Birchbox cofounder and chief executive officer. New monthly and three-month subscribers will pay $15 per month, while existing customers will
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PARIS — Mehdi Lisi has been appointed vice president, fine fragrance creative development center at Firmenich Paris. “In this capacity, Mehdi is responsible for driving excellence in fragrance evaluation, consumer insights, technical development and marketing for the fine fragrance department in the Paris office,” the Geneva-based fragrance and flavors supplier said in a statement. The
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LONDON — Beauty consumers are taking a page out of the fashion books, building up seasonal “wardrobes” of skin care, reaching for multiple, single-ingredient products with targeted formulas rather than using a single product with multiple ingredients. Active ingredients have become a hot topic driven by brands such as The Ordinary, and more recently by The
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MILAN — The global turnover of the Italian cosmetic industry continues to grow, registering sales of 11.2 billion euros last year, up 2 percent compared with 2017, according to data released Thursday by Cosmetica Italia. The national association of cosmetic companies forecast a further 2.6 percent growth for this year. Source: Read Full Article

Chris Gavigan, cofounder of The Honest Co. (with Jessica Alba), is veering into a new wellness territory with his latest project, a direct-to-consumer CBD business that has already raised venture capital funding. Called Prima, the business has raised a nearly $3.3-million seed round led by Lerer Hippeau with Greycroft and other private and institutional investors.
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The polar vortex is upon us and women have placed their confidence in an unassuming coat from Amazon that rings in at $130. The Orolay Women’s Thickened Down Jacket is a number-one bestseller in the Women’s Outdoor Recreation and Down Jackets category, and has amassed over 6,000 reviews—83% of which are four or five stars. A little Balenciaga, a little sleeping bag, this affordable jacket
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  Johnson & Johnson, though a fund, has invested $35 million in Memebox. For Memebox, the Series D round brings total funding to more than $190 million. Other investors include Formation Group and Goodwater Capital. Memebox has launched several K-beauty-inspired brands, including I Dew Care, Nooni, Pony Effect, and most recently, Kaja, a Sephora-exclusive makeup
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