5 of the Most Quotable Quotes on Beauty from P&G’s Q2 Earnings Call

Procter & Gamble released second quarter results on Wednesday revealing sales of $21 billion for the period ended December 31, an increase of 6 percent versus the prior year. Organic sales, which exclude the impacts of foreign exchange, acquisitions, and divestitures, also increased 6 percent. In beauty, net sales grew 3 percent with organic segment sales inching up 2 percent versus a year ago.

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P&G to Buy TULA

Procter & Gamble Beauty announced Wednesday its intent to buy skin care and wellness brand TULA, pending regulatory approvals. TULA and its New York-based team, including CEO Savannah Sachs, will continue to operate independently.

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Beauty’s Most Important M&A Deals of 2021

Beauty consolidation in 2021 has been fueled by interest in mission-based independent beauty companies, according to a report by Capstone Partners analyzing the Beauty & Wellness sector. Here, CEW Beauty News recalls the most important deals in 2021.

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P&G Announces Acquisition of OUAI Beauty Brand

Procter & Gamble Beauty has announced it is acquiring beauty brand OUAI, a deal that looks to fuel the firm’s Prestige Beauty portfolio. OUAI, founded by hairstyling influencer Jen Atkin, who claims more than four million followers on Instagram and YouTube. is the first digitally-native prestige hair care brand to grow into a lifestyle brand.

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Indie Beauty Spotlight: Whind

Recently, Hind talked to CEW Beauty News about her dual focus: growing her fledgling brand and fueling growth of next-generation beauty brands.

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P&G, Billie Call off Merger Deal

Procter & Gamble and women’s razor company, Billie Inc., have called off their merger after facing regulatory backlash from the Federal Trade Commission.

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