With Q1 global venture capital investment down 53% y/y (according to Crunchbase), it’s encouraging to see the beauty category, which gets much of its innovation and newness from early-stage companies, continue to grow. Just last week, Circana (formerly NPD) reported that U.S. prestige beauty grew 16% y/y in Q1 and mass beauty grew 10% y/y. […]
Over the last year, we’ve written in this space about two of the most important trends in beauty, clean beauty and biotech beauty. While those trends continue, one transaction announced last week underscored a third major trend in the space. Ceremonia, a Latinx clean hair care brand, raised $10 million in a series A led […]
It could be that American consumers are not into retailers that much right now. It’s not that they are ready to ghost merchants, but they don’t feel the need to respond to every text or email offering deals on a wide range of merchandise. Retail sales in March were one percent lower than in February […]
Last weekend, my four-year-old son and I were having lunch and he asked for some cherry tomatoes. Unfortunately, cherry tomatoes weren’t available at the local grocery store the last time we went, so we were out of luck. To explain to him why certain kinds of produce may be occasionally unavailable at the store, we […]
It has been a tumultuous year for Bed Bath and Beyond (“Bed Bath”) as it continues to narrowly avoid bankruptcy. The turmoil began in early January with a “going concern” warning issued by the company, which then drove its lender, JPMorgan Chase, to issue a default notice and call for immediate repayment of Bed Bath’s […]