Ritual’s Katerina Schneider on Women’s Health, Clinical Trials, Sales

26 Apr

Pregnant and struggling to search out an efficient and clean prenatal vitamin, Katerina Schneider got down to create her complement brand Ritual. On the time investors told her she couldn’t have a business and children. Now, eight years later, the founder and chief executive officer has three daughters and a growing company expected to exceed $200 million in sales this 12 months. With this, sources have told WWD the brand, which has raised greater than $65 million up to now, could possibly be prime for acquisition. “We were born out of the web and Instagram in a way. We were essentially the most Instagrammable vitamin and now what we’re becoming known for, which I’m happy with is, this company that’s setting...

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24 Mar

L’Oréal Partners With Clue, a Femtech and Digital Health

by Beautifaire101

Beauty, Featured

L’Oréal Partners With Clue, a Femtech and Digital Health

PARIS — Because the lines between wellness and wonder proceed to blur, L’Oréal said Wednesday it has partnered with Clue, an app that tracks people’s menstrual cycles, so as to glean a greater understanding of the link between skin health and hormonal changes. In 2012, Danish and German entrepreneurs Ida Tin and Hans Raffauf cofounded Clue. Today, the app has greater than 12 million users in 190 countries. It's billed as a pacesetter in femtech and the digital health space. “At L’Oréal, we now have a powerful belief that the innovation that we bring to boost people’s beauty and well-being lies on the intersection of science and technology to satisfy consumers’ expectations and desires,” Barbara Lavernos, deputy chief executive officer in control...

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24 Mar

Mental Health Campaign From Bioré

by Beautifaire101

Beauty, Featured

Bioré is the newest beauty brand to tackle mental health. The Kao-owned skincare brand has unveiled a mental health initiative, dubbed the “Get That S–t Out” campaign. The campaign features a partnership with Mental Health First Aid, a program run by the National Council for Behavioral Health, and goals to teach students of no less than 100 colleges on mental health first aid practices. “We found that we desired to concentrate on reducing the stigma that’s related to mental health challenges, because that could be a huge barrier as to why people don’t seek treatment,” said Leah Stone, associate director, face care at Bioré. “That stigma is something that may really influence the best way that individuals take into consideration mental health...

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1 Feb

Minthub, Maker of Products for Sexual Health, Raises Seed

by Beautifaire101

Beauty, Featured

Shine Ventures has made its first seed investment. The angel investment firm for early-stage start-ups, founded by Jess Hunichen and Emily Ward, the cofounders of influencer talent management agency Shine Talent Group, has partnered with Minthub, a business-to-business company developing white-label products across intimate care, sexual health and well-being meant for use during various life stages. Terms of the deal weren't disclosed. Hunichen, cofounder of Shine Ventures, said: “We strongly imagine within the vision and mission behind Minthub and are excited by their products that may shine a lightweight on missed health conditions.” The investment can be used for completion of the Male Intimate Care Range and Women’s Sexual Wellness Wearable Device. The previous targets biological conditions from incontinence to severe conditions comparable to...

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