Helen of Troy Pays $240m For Olive & June, Guthy-Renker Partners With Paris Hilton; Beauty Biz Roundup

 

Helen of Troy Ltd. is acquiring Olive & June DIY manicure/pedicure brand for $240m, a price that implies a multiple of less than 11x estimated calendar year 2025 adjusted EBITDA. Separately, Guthy-Renker LLC and celebrity Paris Hilton partner to launch 11:11 Beauty; Beauty Biz Roundup

Opella Crowned Company Of The Year At OTC Marketing Awards 2024

 
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Winners across 12 categories were announced at the OTC Marketing Awards 2024 on 21 November, with Opella taking the top prize as OTC Company of the Year.

Vitaquest Floats Advantages For Chewable Supplements As Tide Rises For Gummies

 

“Many of our customers have been excited about it and decided to go that way. We just feel like, as gummies sort of take all the press, we might as well do our little part to say, ‘hey, look, there is a different way,’” says Terry Coyle, Vitaquest’s chief innovation officer.

Gummy Innovations: Island Abbey, TopGum, Extract Labs, Protein Candy And Mate & Me

 

‘World’s first’ from Protein Candy; Island Abbey latest gummies are filled; TopGum high-doses honey; Mate & Me’s him and her “fertility journey”; and Extract Labs offers organic gummy CBD ingredients, products.


Nutrition Market People News: Pharma Tech, PLT, ProPharma, Arbonne, Evvy, Vitaquest, More

 

Darrin Schellin leads Pharma Tech; PLT expands leadership with Weiss as brand mmanagement head; Tuttle joins ProPharma as CFO; Burgher leads Arbonne marketing, growth; Evvy appoints first medical chief; Vitaquest appoints David Alcaraz quality assurance head; and Lemon Water leadership in transition from founder.

Supplement Firms Could Lighten FDA Inspection Load, Need Lighter Drug Preclusion Touch – CRN

 

CRN suggestion that FDA prioritize facility inspections on firms which haven’t been cleared in third-party audits apparently has support at agency. But FDA hasn’t been receptive to adjusting its policy on precluding from use as dietary ingredients any substance studied or approved as a drug.

US Consumer Health Sports Marketing: Opill/WNBA, Recover 180/NBA, Bucked Up/McGregor

 

Opill marketer Perrigo builds on marketing collaboration with WNA in partnership with Napheesa Collier; Bucked Up partners with MMA champion and entrepreneur Conor McGregor; and Recover 180 collaborates with NBA players.

Stada Bolsters OTC Production With Romanian Site

 
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Stada will ship a wide range of consumer healthcare products from its new Romanian production facility, into which the German firm has invested over €70m.


Venture Life Taps Into Growing Menopause Market With H&H Deal

 
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Focusing on the transitional elements of hormone health, marketing dietary supplements to women going through perimenopause and menopause, Health & Her has been acquired by UK-based Venture Life.

More Herbalife Distributors, More For Them To Do

 

Direct seller's going to need more than larger number of distributors to generate sustainable growth, analysts say.

Bausch + Lomb Results Enhance Acquisition Image

 

Firm’s future, as a separate business nearly 90% owned by Bausch Health, or as a standalone with different ownership or one not controlled by a majority owner, claims high profile in analysts’ comments and predictions. B+L is in the driver’s seat, they say.

Haleon Talks Up China Strength As Investment Grows

 
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Haleon highlighted consistent market share gains in China as it reported third-quarter results.


US Nutrition Market Business News: Boka Well, Beachbody/HSAs, Dr Pepper/Ghost, More

 

Beachbody offers supplement sales using health savings accounts; PlantX, Boka launches oral health supplements; supplements take Form from RTE meal provider Factor; LIV3 JV behind marketing SugarShield; Ghost among Keurig Dr Pepper brands; and Nutra-Med Packaging expands with Legacy Pharma.

Age-Restricting Sales Of Supplements, OTCs Remains Action Item For New Jersey Lawmakers

 

New Jersey Assembly passed bill amended to expand extensively in defining which products, or ingredients, would be subject to a ban on sales to consumers younger than 18.

CRN Appeals To US Supplement Industry For ‘Promoting A More Responsible Industry’

 

In first of two articles from recent interview, president and CEO Steve Mister discusses examples the trade group provides for self-regulation, “where people or companies who might not do it on their own because it would put them at a disadvantage if they were the only ones.”

Reckitt Promises ‘Big’ Q4 As Consumer Health Market Share Rebounds

 
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A better than expected showing from its Health business in its latest quarter has teed up Reckitt for a big finish to the year.


US Q3 Consumer Health Earnings Preview: B+L’s Independence Has Private Equity Interest

 

Kenvue may have to start sharing time with Bausch + Lomb in investors’ discussions about the outlook for success at US consumer health firms separated from former parent firms as they and their competitors begin reporting the results for their latest quarters.

Irish Iron Specialist Solvotrin Partners With Clue Menstrual Health App

 
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Cork-based iron supplement manufacturer Solvotrin teams up with app developer Clue to offer consumers a free year's subscription to the latter's menstrual health app.

Euro Q3 Consumer Health Earnings Preview: Sanofi, Haleon, Reckitt, Bayer

 
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Major Europe-based consumer health players Sanofi, Haleon, Reckitt and Bayer feature in this sales and earnings preview, which highlights what to look out for as these four firms report their Q3 2024 results over the coming weeks.

Consumer Health Market Business: ‘BBCOM,’ Hello Cake, Actylis/Pharm-Rx, 5 Star Franchises, More

 

Bodybuilding.com reintroduces itself as ‘BBCOM’ with new plans; Flashlight Capital bids to buy Korea tobacco giant’s ginseng business; Hello Cake acquires Trigg Laboratories to be vertically integrated; Actylis expands into supplements, OTCs with Pharm-Rx; Helaina adds $45M funding, launches ingredient sales; ophthalmic drug firm Scope adds Eyevitamins supplements; 5 Star Nutrition’s franchising to expand.