OSEA Tag

One other beauty brand is hitting the market, WWD has learned. Pioneering “clean” skincare brand OSEA has reportedly tapped Raymond James because it explores deal options, in keeping with industry sources. Each OSEA and Raymond James declined to comment. Financo, now a component of Raymond James, handled OSEA’s first deal in 2021. The brand landed a minority investment from Cavu Enterprise Partners, which also holds stakes in skincare brands Nécessaire and Topicals. Sources pegged the brand’s net sales at around $100 million annually, about a fair split between retail and the brand’s website. It is on the market at Ulta Beauty, along with Nordstrom and smaller specialty retailers.  The brand is one in all a plethora hitting the M&A market, though the bulk fall under...