Financial focus

©Getty Images \ (LeoWolfert)

Personal care manufacturer KDC/ONE makes second acquisition this month

By Deanna Utroske

The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.

© Getty Images \ (Kritchanut)

KDC/ONE acquires French beauty manufacturer Alkos

By Deanna Utroske

Recently, Canadian cosmetics and personal care manufacturer KDC/ONE has been growing steadily, opening new laboratory facilities in 2018 and again early this year, and acquiring several businesses to strategically bolster the company’s capabilities in...

Lori Singer, President of Parlux (photo courtesy of the company)

Lori Singer joins Perfumania as president of Parlux Fragrances division

By Deanna Utroske

Friday, when the company announced the news, also marked the accomplished fragrance and beauty executive’s first day in her new role—a role where she’s expected not only to grow the current Parlux Fragrances global business but also to generate new licensing...

Sugandh Agrawal, founder of GUNAS

Why is this vegan handbag company getting into the beauty business?

By Deanna Utroske

Thanks to funding from an anonymous angel investor, GUNAS will soon be selling soaps. The company Sugandh Agrawal founded in 2009 is, according to New York City – based financial advisor Neil Mohinani, currently valued at $5 million and by 2025 that figure...

© Getty Images \ (ismagilov)

CEO Patricia Stitzel takes on board chair role at Tupperware

By Deanna Utroske

Tupperware Brands Corporation owns 5 beauty and personal care brands: Avroy Shlain, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo. As board chair and CEO, Stitzel now leads those brands as well as the company’s namesake food storage and home business....

Birdie hand sanitizers (photo courtesy of OLIKA)

Personal care startup OLIKA hires CEO

By Deanna Utroske

The design-forward brand announced changes to the OLIKA leadership this month, along with plans to expand the business beyond its signature Birdie and Minnie hand sanitizers.

(photo courtesy of IBMG)

BeautyX Retail Summit returns to Dallas, Texas, in May

By Deanna Utroske

The 2-day educational event for indie beauty brand leaders takes place next month and features cosmetics and personal care retail experts from Credo, The Detox Market, Whole Foods, Neiman Marcus, Feelunique, Sephora, and more. To learn more about this...

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