Workflow
Beauty and Personal Care
icon
Search documents
Naples Soap Company Appoints Beauty and Wellness Industry Veteran Carolyn Thielman as Fractional CFO
Newsfile· 2025-08-28 13:00
Core Viewpoint - Naples Soap Company has appointed Carolyn Thielman as fractional Chief Financial Officer to enhance performance, profitability, and long-term shareholder value [2][3]. Company Overview - Naples Soap Company specializes in clean beauty skin, hair, and wellness products, operating 13 retail locations in Florida and selling over 600 branded products nationwide through e-commerce and wholesale channels [8]. - The company was founded in 2009 and focuses on natural, nourishing ingredients without harsh chemical additives [8]. Leadership Change - Carolyn Thielman, with over 15 years of experience at Estée Lauder, will lead the financial strategy, focusing on growth acceleration and operational efficiencies [3][4]. - Thielman succeeds Jim Milner, who served as CFO for 12 years and contributed significantly to the company's growth and public trading status [6][7]. Strategic Focus - Thielman aims to build financial strategies that fuel growth, strengthen margins, and create enduring value for shareholders [6]. - The company plans to execute its growth strategy across retail, wholesale, and e-commerce channels to enhance its market position [4].
MINILUXE REPORTS ON RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER AND 1H OF 2025
Globenewswire· 2025-08-22 11:15
Core Insights - MiniLuxe Holding Corp. reported strong financial results for Q2 2025, with system-wide sales growth of over 12% year-over-year and adjusted EBITDA growth of 100% [2][5][6] Financial Performance - Q2 2025 system-wide sales reached $7.7 million, up from $6.9 million in Q2 2024, marking a 12% increase [6][12] - Total revenue for H1 2025 was $13.6 million, an 8% increase from $12.6 million in H1 2024 [6][12] - Gross profit for Q2 2025 was $3.2 million, a 5% increase from $3.0 million in Q2 2024, with a gross profit margin of 43% [7][12] - Fleet adjusted EBITDA improved by 100% year-over-year, reaching $1.4 million in Q2 2025 [9][12] Strategic Focus - The company is focusing on three strategic pillars: driving growth through operating and franchise partners, accelerating studio-level profitability, and increasing SG&A efficiency [5][6] - Talent retention remained strong at 87% year-over-year, indicating effective employee engagement strategies [10][12] Operational Highlights - MiniLuxe's first franchise partner in Brookline, Massachusetts, exceeded expectations, achieving profitability within the first six months [5][12] - The median average unit volume for the top quartile of studios exceeded $1.8 million per unit store [6][12] Cash Flow and Financial Health - Cash and cash equivalents at the end of the period were $6.0 million, up from $3.99 million a year earlier [14][12] - The company reported an operating loss of $1.2 million for Q2 2025, an improvement from a loss of $1.5 million in Q2 2024 [8][12]
MiniLuxe Announces Completion of Planned Share Issuance for the Purposes of Acquiring a New Studio Location in Dallas, Texas
GlobeNewswire News Room· 2025-08-14 11:30
Core Viewpoint - MiniLuxe Holding Corp. is expanding its presence in the Dallas-Fort Worth market through the acquisition of a new studio location, supported by a strategic partnership and a focus on talent empowerment [3][4][5]. Company Expansion - The company has completed the issuance of 437,500 Class A subordinate voting shares at a price of USD $0.40 per share to facilitate the acquisition of a new studio in the Dallas-Fort Worth area [1][2]. - MiniLuxe's subsidiary now holds approximately 66.15% of the LLC membership interests in the newly formed entity [2]. Strategic Partnerships - The acquisition includes a joint venture with Leslie Concors, an experienced entrepreneur with a successful track record in growing consumer brands [4]. - Kayleigh Se, MiniLuxe's Regional Operating Partner, will also contribute her expertise to the new location [4]. Growth Strategy - MiniLuxe aims to accelerate growth through mergers and acquisitions, new company-owned stores, joint ventures, and franchising [3][10]. - The company prioritizes the talent behind its studios to maintain quality and consistency in service delivery [3]. Market Position - The Dallas-Fort Worth area is identified as a key growth region for MiniLuxe, with the new location expected to enhance its market presence [3][5]. - The company has performed over 4 million services since its inception, indicating a strong operational foundation [10].
MINILUXE ANNOUNCES APPOINTMENT OF LANCHI VENATOR AS CHIEF FINANCIAL OFFICER AND RELATED ISSUANCE OF EQUITY BASED COMPENSATION
Globenewswire· 2025-08-08 15:35
Company Overview - MiniLuxe Holding Corp. is a lifestyle brand and talent empowerment platform in the beauty and self-care industry, focusing on high-quality nail care and esthetic services [7] - The company aims to transform the fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform [7] - MiniLuxe has performed over 4 million services since its inception, emphasizing healthier, ultra-hygienic services and socially responsible labor practices [7] Executive Appointment - Lanchi Venator has been appointed as the new Chief Financial Officer, effective immediately, taking over key financing, reporting, and control functions [2] - Venator previously served as Global CFO & Head of Strategy for KFC, overseeing 14 international Business Unit CFOs and driving growth and profitability [3] - Prior to KFC, she held a senior finance role at The Estee Lauder Companies, gaining extensive experience in the beauty industry [3] Compensation Structure - The company announced the issuance of 750,000 options and 650,000 Restricted Stock Units (RSUs) for Ms. Venator, with a strike price of 0.41 cents CDN, representing a premium to the prior day's closing price [6] - Additionally, 545,000 Deferred Stock Units (DSUs) were approved for Board Members collectively, all coming from the existing equity incentive plan [6] - The total options, RSUs, and DSUs represent just over 1 percent of the fully diluted ownership of the company [6] Strategic Vision - The CEO, Tony Tjan, expressed confidence in Venator's ability to contribute to MiniLuxe's vision of transforming the nail care industry [4] - Venator highlighted the potential for value creation within MiniLuxe and her alignment with the company's strategic and financial goals [5]
Empro Group Inc. Announces Closing of Remaining Portion of the Underwriter's Over-Allotment Option in Connection with its Upsized Initial Public Offering
Globenewswire· 2025-08-01 12:30
Company Overview - Empro Group Inc. is a rising beauty and personal care brand headquartered in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [5] Offering Details - The company closed the sale of an additional 91,250 ordinary shares at the IPO price of $4.00 per share, raising gross proceeds of $365,000 [1] - The total gross proceeds from the IPO, including previous amounts, reached approximately $6,325,000 before deducting underwriting discounts and other offering expenses [1] - The Offering was conducted on a firm commitment basis with R.F. Lafferty & Co., Inc. as the sole underwriter [2] Regulatory Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on July 1, 2025 [3] - The Offering is being made only by means of a prospectus, which can be obtained from the underwriter or the SEC's website [3]
Empro Group Inc. Announces Closing of the Underwriter's Partial Exercise of its Over-Allotment Option in Connection with its Upsized Initial Public Offering
Globenewswire· 2025-07-31 12:30
Core Points - Empro Group Inc. has successfully closed the sale of an additional 115,000 ordinary shares at the IPO price of $4.00 per share, raising gross proceeds of $460,000, in addition to the previously announced IPO gross proceeds of approximately $5,500,000 [1] - The Offering was conducted on a firm commitment basis with R.F. Lafferty & Co., Inc. acting as the sole underwriter [2] - A registration statement related to the Offering was filed with the U.S. Securities and Exchange Commission and declared effective on July 1, 2025 [3] Company Overview - Empro Group Inc. is a rising beauty and personal care brand based in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [5] - The company has a growing presence across Southeast Asia and Europe, focusing on providing accessible, quality self-care solutions [5]
Dove, Walmart and Big Brothers Big Sisters of America Announce Back-to-School Partnership to Support Youth Mentorship and Confidence
Prnewswire· 2025-07-30 13:00
Core Points - Dove, Walmart, and Big Brothers Big Sisters of America (BBBSA) have launched a multi-year partnership aimed at supporting youth mentorship and confidence as students prepare for the new school year [2][4] - From July 1 to August 31, 2025, Dove will donate $0.05 for every Dove and Dove Men + Care item purchased at Walmart, with a minimum donation of $200,000 and a maximum of $250,000 [6] Group 1: Partnership Details - The partnership includes a series of back-to-school events at select Walmart locations throughout August, featuring interactive activities that promote mentorship and confidence [3][4] - Events will allow attendees to engage with local mentors and mentees, participate in confidence-building activities, and receive product samples and resources [3][4] Group 2: Organizational Background - Dove is recognized as the world's largest provider of self-esteem education, having reached over 130 million young people through its Dove Self-Esteem Project [4] - Big Brothers Big Sisters of America has over 120 years of experience in youth mentoring, operating in all 50 states and more than 5,000 communities [4][9] - Walmart serves approximately 270 million customers weekly and reported a fiscal year 2025 revenue of $681 billion, emphasizing its role in community support [10]
Able View Global Inc. partnership with TikTok key opinion leaders("KOLs")
Globenewswire· 2025-07-15 13:00
Core Insights - Able View Global Inc. is enhancing its distribution channels by partnering with TikTok key opinion leaders (KOLs) to promote premium beauty and personal care brands through live-streaming activities [1][2] - The company aims to strengthen its market leadership and core competitiveness while providing optimized marketing solutions and comprehensive service support to brand partners [2][3] - Able View is recognized as China's second-largest e-commerce hub for international beauty and personal care brands, offering a wide range of brand-management services [3] Company Overview - Able View provides strategic planning, branding, digital and social marketing, omni-channel sales, customer service, and integrated logistics, including overseas shipping and warehousing [3] - The company manages a diverse portfolio of products across niche, prestige, and masstige categories, solidifying its presence in the Chinese market [3] - The mission of Able View is to enhance the power and premium status of the brands it represents, ensuring sustainable growth and long-term success in China [3]
Empro Group Inc. Announces Pricing of Its Initial Public Offering
Globenewswire· 2025-07-02 13:35
Company Overview - Empro Group Inc. is a rising beauty and personal care brand headquartered in Malaysia, evolving from its origins in eyebrow embroidery to a trusted name in cosmetics, skincare, and healthcare [6] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 1,375,000 ordinary shares at a public offering price of $4.00 per share, aiming for total gross proceeds of approximately $5,500,000 before deducting underwriting discounts and other expenses [1] - The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to begin trading on July 2, 2025, under the ticker symbol "EMPG" [1] - The offering is expected to close on July 3, 2025, subject to customary closing conditions [2] Underwriting and Legal Counsel - R.F. Lafferty & Co., Inc. acted as the sole underwriter for the offering, with Pryor Cashman LLP serving as U.S. counsel to the company and Sichenzia Ross Ference Carmel LLP acting as U.S. counsel to the underwriter [3] Registration and Prospectus Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission and was declared effective on July 1, 2025 [4] - The offering is being made only by means of a prospectus, which can be obtained from the underwriter or via the SEC's website [4]
Keurig® and Chillhouse Launch the Coolest Summer Collab: Iced Coffee & Salon-Quality Nails at Home
Prnewswire· 2025-06-25 13:50
Core Insights - Keurig is enhancing the at-home iced coffee experience with the introduction of the K-Brew + Chill™ brewer, which utilizes QuickChill Technology™ to brew hot coffee and then flash-chill it for a refreshing iced finish [1][2] - The collaboration with Chillhouse aims to combine coffee enjoyment with self-care, offering a stylish iced coffee experience alongside limited-edition nail designs [2][3] Company Overview - Keurig Dr Pepper is a leading North American beverage company with over 125 brands and annual revenue exceeding $15 billion, holding a top position in various beverage categories including coffee [5] - Chillhouse, founded in 2017, focuses on self-care and wellness, offering services and products that promote at-home self-care rituals [6] Marketing and Promotion - The partnership includes a promotional event at the Chillhouse Café in NYC, transforming it into the "Keurig Chillzone" from June 25 to July 25, featuring exclusive iced beverages and custom manicures [3] - Consumers can receive a discount on the K-Brew + Chill™ brewer and a free set of Chill Tips with their purchase, enhancing the marketing strategy through direct consumer engagement [7]