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The beauty industry has changed a lot since the start of 2020. Major skin-care brands started selling luxe hand sanitizers and dermatologists are now consulting patients on how to beat maskne.
Bath & Body Works, Inc. (formerly known as L Brands, Inc., Limited Brands, Inc. and The Limited, Inc.) is an American specialty retail company based in Columbus, Ohio.It owns Bath & Body Works, posted $7.4 billion in revenue in 2023, and was listed as 481 on the 2024 Fortune 500 list of largest United States companies by revenue.
We are in a moment of significant evolution for beauty’s biggest companies — and it’s leading major players in the industry to chase investments in smaller brands and innovations to keep up.
By July 2022, the Good Glamm Group had acquired 11 companies and raised $250 million in digital media, influencer marketing, and beauty & personal care brands. [23] [17] [24] In December 2022, the group acquired a 51% stake in digital media company Tweak India, owned by Indian actor Twinkle Khanna, making it their 12th acquisition. In March ...
In March 2021, Florence Beauty, the parent company of the brand, signed a partnership agreement with Give Back Beauty, an Italian cosmetics and perfume group. Following this, Florence by Mills announced the launch of the perfume Wildly Me in late 2023, created in collaboration with Swiss perfume manufacturer Givaudan .
In addition to selling products from other brands, the company developed its own M-61 skincare line in 2012 and Lune+Aster make-up line in 2015. The company was acquired in 2015 by Macy's , which opened in-store Bluemercury shops in its department stores, as well as expanding the number of free-standing stores.
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