Reckitt sold its skincare brand E45 to Swedish pharmaceutical company that made prescription drug Karo Pharma for $268 million. Reckitt recently announced it sold its skincare brand E45 to Swedish pharmaceutical company that made prescription drug Karo Pharma for $268 million. Officials said Reckitt has reached an agreement on the proposed sale of its E45 …
$268 million! Reckitt sold its skin care brand E45 Read More »
Spes, a Chinese research-based head care brand, has completed a Series A round of funding of nearly $31 million. Spes, a Chinese research-based head care brand, has completed a Series A round of funding of nearly $31 million, led by China Renaissance New Economy Fund from China Renaissance, co-led by a leading Chinese fund and …
Seps Completed A Round of Funding with $31 million Read More »
During the transaction period, if the administrative license of five types of original special-purpose cosmetics such as hair care is expired, these cosmetics can still be produced, imported, and sold. After the transition period, these cosmetics shall not continue to be produced, imported, and sold.
Insights into Chinese Beauty Industry
