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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]
估值曾超140亿?联合利华拿下新品牌
3 6 Ke· 2025-06-25 03:39
Core Viewpoint - Unilever is set to acquire the American men's personal care brand Dr. Squatch, marking its third acquisition in 2025, following the purchases of Minimalist and Wild [1][2][3] Group 1: Acquisition Details - The acquisition agreement with Summit Partners is expected to be completed later this year, pending regulatory approvals [1][3] - Dr. Squatch's CEO expressed excitement about the opportunity to scale the brand internationally [3][5] Group 2: Brand Background - Dr. Squatch was founded in 2013, initially focusing on natural soap products made from coconut oil and sea salt [5][7] - The brand has expanded its product line to include shampoos, conditioners, beard oils, and shaving creams, utilizing a direct-to-consumer sales model [7][8] Group 3: Financial Performance - Dr. Squatch's sales reached over $100 million in 2020, $150 million in 2023, and have now exceeded $400 million [8] - The brand was previously valued at over $2 billion, with an EBITDA of approximately $90 million, indicating a strong market position [9][8] Group 4: Market Trends - The acquisition reflects a broader trend of established companies acquiring direct-to-consumer brands in the men's personal care sector [10][13] - Unilever's strategy includes optimizing its brand portfolio and focusing on high-growth segments, as evidenced by recent investments and acquisitions [14][20] Group 5: Competitive Landscape - The acquisition signals a potential shift in the competitive landscape of the men's personal care market, with traditional companies regaining market share from independent brands [13][21] - Other major players in the industry, such as L'Oréal and Estée Lauder, are also actively pursuing acquisitions to enhance their market positions [20]
财富版图生变:广东缩水、长三角逆袭,AI成为财富跃升主要驱动力
Di Yi Cai Jing· 2025-06-24 05:42
Group 1 - The 2025 New Fortune 500 list shows a significant shift in wealth concentration, with Zhejiang surpassing Beijing to become the second province in terms of the number of listed entrepreneurs, increasing by 10 to a total of 76 [1][5] - The total market value of the 500 entrepreneurs on the list is 13.7 trillion yuan, an 11% increase year-on-year, with an average holding value of 273.8 million yuan [2] - ByteDance's founder Zhang Yiming tops the list for the first time with a holding value of 481.57 billion yuan, reflecting a substantial growth from 12 billion yuan seven years ago [2] Group 2 - The TMT (Technology, Media, and Telecommunications) sector leads the list with 110 entrepreneurs, a significant increase of 22 from the previous year, contributing to a total wealth of 3.34 trillion yuan, which accounts for a quarter of the total wealth on the list [3] - The emergence of AI applications has notably influenced the rankings, with DeepSeek's founder Liang Wenfeng entering the top ten with a holding value of 184.6 billion yuan, benefiting from the AI boom [2][3] - The list reflects a trend towards younger entrepreneurs, with six out of the top ten being under 55 years old, including three born in the 1980s [3] Group 3 - The wealth of entrepreneurs from Guangdong has decreased significantly, from 4.5 trillion yuan in 2021 to 3 trillion yuan, a reduction of one-third, primarily due to losses in the real estate sector [4][5] - The number of entrepreneurs from Beijing has also declined, from 83 in 2021 to 70, with total wealth dropping from 3.2 trillion yuan to 2.2 trillion yuan, influenced by sectors like real estate and education [5] - The rise of the Yangtze River Delta region is evident, with Shanghai and Jiangsu also seeing increases in the number of listed entrepreneurs, driven by advancements in the semiconductor industry and the popularity of mobile internet companies [5]
Ulike连续10年618销售行业领先 拿下多平台TOP1
Core Insights - Ulike has maintained its leading position in the optical skincare industry for 10 consecutive years during the 618 shopping festival, achieving top sales across multiple platforms and categories [1][12][16] - The brand has been recognized as the global sales leader in hair removal devices for three consecutive years, showcasing its strong market presence [12][16] Sales Performance - Ulike achieved top sales rankings on major platforms including Tmall, JD, and Douyin, dominating categories such as health stores, hair removal devices, and medical equipment [1][5][10] - Specific achievements include Ulike's Air4 hair removal device ranking first in Tmall's "Super New Products" category and UlikeME being the top seller in the "Thousand Yuan Hair Removal Device Brand" category [1][5] Global Market Position - Ulike is certified as the "global sales number one in hair removal devices," with data from Frost & Sullivan indicating it has been the top seller in the Chinese market for nine years and globally for three years [12][16] - The company has sold over 7 million units and operates in 49 countries with more than 1,000 stores worldwide [16] Research and Development - Ulike has established two global R&D centers in Shenzhen, China, and Seoul, South Korea, focusing on advanced technologies in optical and RF fields [23] - The company holds over 500 global patents, with more than 20% being overseas patents, making it the brand with the highest number of patents in the hair removal device industry [16][23] Product Innovation - Ulike continues to innovate with new product launches, including the Ulike Pro 10 for professional users and the Ulike ME series targeting younger demographics [25] - The brand has introduced six advanced hair removal technologies addressing common issues such as coarse hair and skin sensitivity, enhancing the user experience [25] Quality Assurance - Ulike's products have received over 30 international certifications, including FDA, CE, PSE, and KFDA, and are the first home-use hair removal brand to obtain clinical report recognition [25]
2025年第23周:美妆行业周度市场观察
艾瑞咨询· 2025-06-13 09:31
Group 1: Market Trends and Insights - The Chinese beauty market's retail sales reached 30.9 billion yuan in April, with a year-on-year growth of 7.2%. The trend is shifting from short-term traffic chasing to focusing on brand value, with domestic brands like Proya and Chando gaining recognition due to their technological and branding advantages [1] - The sunscreen market in China is expected to exceed 36 billion yuan by 2025, driven by the increasing demand for comprehensive solutions that address various skincare needs. New products from brands like Shiseido and L'Oréal are focusing on innovative formulations and user experiences [3] - The body care market in China is projected to grow at a compound annual growth rate of 6.4% from 2024 to 2028, with a market size expected to surpass 37.8 billion yuan by 2028. Key trends include the upgrade of body care products to match facial skincare standards and the rise of emotional economy through fragrance products [5] Group 2: Financial Performance and Corporate Developments - In the first quarter of 2025, international beauty companies showed significant performance divergence, with major players like Procter & Gamble and Estée Lauder experiencing revenue declines due to economic downturns and market pressures. In contrast, smaller companies demonstrated resilience and growth [8] - Yatsen E-commerce reported a strong Q1 2025 revenue of 834 million yuan, a 7.8% year-on-year increase, driven by its skincare segment, which accounted for 43.5% of total revenue. The overall gross margin improved to 79.1% due to product structure optimization [13] - The beauty platform Dewu achieved a GMV exceeding 10 billion yuan, with brands like Han Shu and Winona benefiting from its unique business model, which includes a high percentage of free traffic and low return rates [11]
MINILUXE REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2025
Globenewswire· 2025-05-29 21:01
Core Insights - MiniLuxe Holding Corp. reported a 9% year-over-year revenue increase in Q1 2025, reaching $6.1 million, with gross profit rising 12% to $2.5 million [3][5] - The company aims for long-term profitability through gross profit margin expansion and EBITDA growth, despite an operating loss of $2 million in Q1 2025, slightly higher than the previous year's loss [3][5] Financial Performance - The adjusted EBITDA for Q1 2025 was approximately -$1.6 million, while Fleet adjusted EBITDA nearly tripled to $700,000 [3][6] - Cash flow used in operating activities improved by $700,000, totaling -$1.2 million in Q1 2025 compared to -$1.9 million in Q1 2024 [6] - Cash, cash equivalents, and restricted cash reached $7.2 million at the end of Q1 2025, an increase of $3.2 million from the end of FY24 [6] Strategic Focus - The company is focusing on three strategic pillars: driving growth through operating and franchise partners, accelerating studio-level profitability, and increasing fixed cost leverage and SG&A efficiency [4][6] - MiniLuxe's talent revenue base grew by 10% year-over-year to $6.08 million, reflecting the success of its operating model [6][7] Business Development - The Core Studio segment maintained a consistent growth trend, with service revenue increasing by $0.6 million, or 10%, over Q1 2024 [5][6] - The first franchise location in Brookline, Massachusetts, achieved profitability within its first six months of operation, demonstrating strong brand appeal [7][8] Management Commentary - The CEO highlighted the brand's resilience and the positive expansion of unit economics, emphasizing the commitment to high-quality services and talent empowerment [8]