"They are one of the fastest growing private companies and their unique and innovative products are a great complement to our portfolio of trusted brands," SC Johnson CEO and chairman Fisk Johnson said.
Drug store retailers sense a shift in skin care. While for many years they enjoyed the glowing results of anti-aging, that segment has plateaued. Instead, they are looking to growth from cleansers and therapeutic offers.
The ethnic category is perhaps now undergoing the most seismic changes it has experienced in the past 20 years. The opportunity to better serve multicultural consumers has retailers brimming with excitement, but perplexed at the same time.