Martha Steward CBD launches new line of wellness topicals as its first category expansion
Martha Stewart CBD has launched Martha Stewart CBD Wellness Topicals, which is the brand’s first-ever category expansion in its growing CBD portfolio.
Ardian buys majority stake in Biofarma
Private equity firm Ardian has snapped up a majority stake in Italy’s Biofarma from White Bridge Investments.
Il Makiage closes US$130 million private round; values the company at US$1.5 billion
Oddity-owned Il Makiage has announced the closing of a US$130 million private round, that values the company at US$1.5 billion.
Saks debuts online wellness shop
Saks has announced the launch of a new wellness shop on Saks.com. The e-commerce store spans fitness, health & nutrition, sexual wellness and rest & relaxation and boasts an increased product selection with more than 100 brands.
Unilever Eyes microbiome space with Holobiome partnership
Unilever has announced a research partnership with Holobiome aimed at discovering food ingredients that can enhance mental health and wellbeing.
Procter & Gamble buys yet another prestige beauty brand; acquisition of Tula Skincare is third deal in as many months
Procter & Gamble is set to buy Tula Skincare, its third such acquisition in the space of three months, according to a report published by WWD. Terms of the deal were not disclosed.
John F. Kennedy International Airport launches new wellness centre
John F. Kennedy International Airport has partnered with XpresSpa and Port Authority to launch the Treat health and wellness centre, according to International Port Review.
Tech platform Mindbody unveils Top 10 Healthiest Cities in America as part of its 2022 Mindbody Wellness Index
Tech platform Mindbody has unveiled its Top 10 Healthiest Cities in America as part of its 2022 Mindbody Wellness Index, with Miami ranking number one for the third year in a row.
Sisley and Air France open exclusive spa at Paris Charles de Gaulle
Air France and Sisley have cut the ribbon on a new spa located at the airline’s La Premiere Lounge in Paris’ Charles de Gaulle airport.
Malta becomes first EU nation to legalize Marijuana
Malta has become the first EU nation to legalize the cultivation and personal use of cannabis.
Holland & Barrett acquires blow Ltd
Holland & Barrett has announced the acquisition of blow LTD. Terms of the deal were not disclosed but the UK’s leading at-home beauty services business will become a subsidiary business of the health and wellness retailer and all blow employees will move to the new ownership structure.
Israel to legalize CBD?
Israel is mulling the possibility of decriminalizing cannabidiol, according to a report published by The Jerusalem Post.
Yooma reports Q3 ‘significant growth’; forecasts Q4 revenue to exceed US$5 million
Yooma Wellness has reported revenue of US$2.1 million for the three months ending September 30, with a gross profit of US$560,107
New start-up Mintly launches eco-friendly oral wellness products
Newly launched start-up business Mintly has launched a range of eco-friendly oral wellness products.
Waldencast acquires beauty brands Obagi and Milk Makeup in three-way US$1.2 billion deal
Beauty and wellness operating platform Waldencast has acquired skin care brand Obagi and make-up and skin care company Milk Makeup in a three-way deal valued at US$1.2 billion.
Shiseido launches into wellness with supplement brand Inryu
Shiseido has announced the launch of a new ingestible beauty brand, Inryu. The brand is said to improve the overall health of the skin from the inside and was developed by the J-beauty giant’s China Business Innovation & Investment Office in Shanghai.
Dr Kimon Angelides folds Birchbox into newly launched FemTec Health platform
Dr Kimon Angelides has announced the launch of a new venture, FemTec Health, which is described as a women’s health sciences and beauty company using technology and data to transform the health care experience for women.
Shiseido looks to skincare acquisitions to diversify offering outside of China
Shiseido is looking to acquire skincare brands as a way to diversity its offering outside of China, according to a report by the FT.
California passes bill green lighting sale of CBD
California has passed Assembly Bill 45, granting official approval to the sale of hemp-derived CBD products.
Highlander Partners snaps up clean beauty brand RMS
Highlander Partners has announced the acquisition of RMS Beauty for an undisclosed sum.
Dyson launches air purifier range in India
Dyson has announced the launch of its latest air purifier range onto the Indian market, according to a report published by the Business Standard.
Is kratom the new CBD? Thailand sees sales boom after legalisation
Could the beauty and wellness industry be about to unveil 2021’s answer to CBD? Thailand has seen domestic sales of opioid alternative, kratom boom after the drug was legalized in late August, according to a report published by Bloomberg. The country is now poised to green-light exports to the US, the world’s largest market.
Men’s health brand Numan raises US$40 million in Series B funding round
Men’s health brand Numan has raised $40 million in a Series B funding round, led by White Star Capital.
Resonate Blends to acquire Lemon and Grass cannabis brand
Resonate Blends, a cannabis and hemp holding company, has signed a letter of intent to acquire Florida-based cannabis wellness brand Lemon and Grass.
Jennifer Aniston’s beauty line will be unveiled today
Jennifer Aniston is set to unveil her long-anticipated beauty line, LolaVie, today. The star teased the launch via her Instagram account, simply captioned ‘Something’s coming…’. The brand’s website reveals that the launch date has been set for September 8.
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