Business & Financial

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Inter Parfums plans for COVID-19 recession recovery

By Deanna Utroske

With sales down nearly 40% year-over-year, the perfume manufacturer updated its 2020 financial guidance this month and shared insight into the company’s holiday expectations and ambitious plans for 2021.

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J&J invests in textured hair brand Sunday II Sunday

By Deanna Utroske

This month, the venture capital arm of Johnson & Johnson contributed to the brand’s seed financing round. It’s funding that will allow the D2C brand, specializing in active beauty for Black women, to reach more consumers with more products.

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5 small beauty businesses awarded FedEx grants

By Deanna Utroske

Last week FedEx Express Canada announced 30 small businesses receiving grants under the company’s new #SupportSmall initiative, a program to help small business across that country survive the Coronavirus economic recession.

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One Ocean acquired by Present Life

By Deanna Utroske

The new beauty and wellness holding company, led by former Coty CEO Camillo Pane, announced the acquisition just this week.

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FORMA is building brands for next-gen beauty consumers

By Deanna Utroske

A new venture, backed by the growth equity firm General Atlantic, has emerged from what was Morphe Holdings to develop, accelerate, acquire, and curate the personal care, cosmetics, and wellness brands that will win over Millennial and Gen Z consumers.

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