Lornamead acquires medicated skin care brand
Acquisition of Witch is the latest move in the group\'s expansion plans
Mike Jatania, chief executive of Lornamead, commented: “Since we have licensed Witch in 2009 we have seen strong growth in the brand, most recently achieved through the launch of our innovative anti-blemish cosmetics range. Now that we can bring Witch in our portfolio of owned brands we believe that our continued investment in this brand and growth of its distribution channels in the UK and abroad will considerably increase our share of the medicated skincare category.”
All Witch products feature pure witch hazel extract from the witch hazel plant, claimed to be a natural astringent and anti-inflammatory with medical properties.The brand is distributed in Boots, Superdrug, Sainsbury’s and Tesco in the UK.
Lornamead's acquisitions include Woods of Windsor and Yardley, bought in 2007 and 2005 respectively.
You may also like
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
UK market – up and away?
Read moreThe UK market is recovering with prestige cosmetics enjoying a return to pre-recessionary form, but the industry as a whole may not be out of the woods just yet
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more. -
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Colour Cosmetics
Beauty’s growing hunger for food and beverage partnerships
From product collaborations to limited-edition cafe takeovers, beauty and wellness is slowly but surely cementing itself as a subcategory of the food and beverage industry through marketing campaigns, sweet-like supplements and skus that look, feel and smell good enough to eat
Colour Cosmetics
Estée Lauder Companies hails ‘milestone’ moment in restructuring efforts
The beauty giant’s ‘Profit Recovery and Growth Plan’ (PRGP) has reached an ‘important milestone’, with the programme on track to deliver annual savings at ‘the high-end’ of its target range of between $0.8 billion to $1 billion
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Research & Development
Beiersdorf ramps up innovation with €100 million skin care venture capital fund
The German beauty giant behind Nivea and Eucerin is doubling down on innovation with fresh funding to back start-ups which are developing breakthroughs in areas such as longevity science, biotechnology and artificial intelligence (AI)