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28 Mar

OSEA Is Reportedly Exploring a Deal, Sale

by Beautifaire101
Beauty, Featured
OSEA Is Reportedly Exploring a Deal, Sale
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...
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30 Dec

Missing Princeton Student Reportedly Died By Suicide – Essence

by Beauty Tips
Nails, Featured
Missing Princeton Student Reportedly Died By Suicide – Essence
Misrach Ewunetie via GoFundMe Misrach Ewunetie, the missing Princeton University student whose body was found on campus in October, reportedly died by suicide. The 20-year-old was last seen in school on Oct. 14 near her residential constructing, and the university reported her missing on Oct. 16. Her body was found 4 days later behind campus tennis courts. On Wednesday, the Mercer County Prosecutor’s Office said in a news release that Ewunetie student died by suicide. In October, the office said that “there have been no obvious signs of injury and her death doesn't appear suspicious or criminal in nature.” The Ethiopian student, who was expected to graduate in 2024, received a full four-year scholarship to attend the Ivy League school. She was ranked first in...
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16 Dec

Twitter Reportedly Has Gutted Half Of Their Workforce—Here’s How

by Beauty Tips
What's The Tea, Featured
Twitter Reportedly Has Gutted Half Of Their Workforce—Here’s How
On Friday, Twitter implemented sweeping lay offs, with most of the company’s most influential and inclusive departments being completely gutted. My heart is broken in a way I can’t explain. For a lot of Black people, Blackbirds is the explanation they selected Twitter. We were best in school and what other firms strived for. It’s special. Blackbirds is greater than an ERG it’s a community. What we built can never be dissolved. ???? https://t.co/xhtHghc1l1— Sio. M (@JustCallMeSio) November 4, 2022 The order got here just days after tech billionaire Elon Musk gained ownership, claiming he aimed to scrub the app up from harmful bots. On Thursday, it was reported that a company-wide email was sent stating employees would learn whether or...
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