Beauty e-commerce retailer Adore Beauty Group (ASX: ABY) has informed that its CEO, Tamalin Morton, has noted her intention to step down in 2024 for personal reasons. Tamalin will remain in the position until September 2024. After the successful transition to a new CEO, she will take on a consulting role to provide ongoing strategic
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The thing about most trends is that they are fleeting: ripped jeans, polka-dotted shirts and such. COVID-19 gave birth to many more: Dalgona coffee, TikTok dances, inflation and the consequential e-commerce boom and bust. Since mid-2022, Australia has seen e-commerce sales decline due to inflation; however, that hasn’t compelled online retailers like Adore Beauty (ASX:
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Beauty products group BWX (ASX: BWX) has collapsed and entered voluntary administration, bringing an end to a tumultuous 12 months for shareholders and employees. The board of directors has appointed Kate Warwick, Joe Hansell, and Kelly Trenfield of FTI Consulting as administrators, effective immediately. The move follows the Commonwealth Bank’s refusal to extend the terms
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When auditors are unable to get around your financial statements for four months, you know something is off big time. But the question on investors’ mind is: how bad is it? Natural beauty and wellness company BWX (ASX: BWX), known for its brands Sukin, Go-To and Mineral Fusion, is yet to disclose. After releasing a
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The global skincare and beauty market is unquantifiably huge. Within that, the natural beauty and wellness sub category is emerging and gaining more and more traction as consumers seek to reduce their impact on the environment and incorporate more natural ingredients in their skincare routine. With influencers touting their favourite products and other clever marketing
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The Australian skin care products market is forecast to reach over $300 million by 2025. That’s a lot of moisturiser… And plant based nutraceutical and skin care company Live Verdure (ASX: LV1) is keen to cash in. The Company’s hemp based “8 Seeds” skincare brand has had a face-lift with a reformulation for their multiple
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