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March 2024

26 Mar

Glossier Potential IPO, Merit Potential Sale Kick Off Makeup

Industry speculation that makeup can be 2024’s hottest M&A goal is quickly becoming a reality. The category, now years right into a post-pandemic rebound and still prestige beauty’s largest segment within the U.S., has seen a plethora of entrants — most of whom have grown each the general pie and their slices of it — exploring exit options. Industry sources told WWD that Glossier, roughly a 12 months after its Sephora debut, has hired Morgan Stanley to explore options, including an initial public offering. Sources also say they’re not alone — Merit Beauty has reportedly tapped Goldman Sachs because it looks at a possible sale. Glossier, Merit and Morgan Stanley declined to comment. Goldman Sachs didn't immediately reply to requests for comment. Products from Merit. Makeup...
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26 Mar

How I’m coming to terms with my hooked nose

Reasonably than losing the legacy of her nose to a cosmetic nose, Nancy Uddin practices self-love and understanding A two-minute mirror rule was effectively enforced for many of my childhood — as often as possible, I allotted myself a gracious two minutes for mirror usage to minimise seeing myself. Mirrors jogged my memory that frizz control was beyond me, my dark complexion scolded me to remain out of the sun, and my hooked brown nose dominated my entire face. By ignoring brown racialised noses, the mainstream beauty industry reduces South Asians as simply “other,” revoking the complexity to a cultured identity. Lots of us develop self-hatred for our roots resulting from the socialised disgust...
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26 Mar

Swedish Pharmacy Stops Selling Advanced Skin Care to Kids

PARIS — Sweden’s Apotek Hjärtat pharmacy chain is taking steps to ban the sale of advanced skin take care of the under-15 set. A swell of tweens, often known as “Sephora kids,” have found their technique to the skincare aisles, especially within the U.S., thanks largely to the mounting prominence of beauty chatter on social media. Apotek Hjärtat, the leading Swedish pharmacy chain, said in a press release that to ensure that people to purchase advanced skincare, they need to be above 15 years of age, have their parents’ approval or have a skin condition justifying the products’ use. Advanced skincare, in accordance with the pharmacy, includes AHA acid, BHA acid, vitamin A, vitamin C, enzyme peeling and mechanical peels with physical grains. “We would...
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