January 10th, 2022

Procter & Gamble buys Tula skincare

Procter & Gamble is buying Tula Skincare for an undisclosed amount. According to industry observers, Tula had sales of $150 million last year. The acquisition is P&G’s third in just two months and underscores the CPG giant’s focus on prestige beauty. In November, P&G purchased Farmacy Beauty. Last month, P&G acquired Ouai, a haircare company.

The three acquisitions bolster P&G’s existing prestige brand portfolio, which already includes SK-II and First Aid Beauty. Clearly, the maker of Olay is ready to take on competitors like L’Oréal, Estée Lauder , and Unilever in the prestige beauty space.

Looking for more insights on the dynamic skincare market? Check out Efficacy Challenges and Anti-Aging & Wellness Corner. Our industry experts keep you up-to-date on the latest skincare innovations.

Latest articles

Fashion

Levi’s unveils new Icon store at Palladium Mall Mumbai

April 23rd, 2025

Google might have to sell off some of its businesses after a judge makes a critical ruling

System errors spare T-Mobile customers their price surge

Vietnam president sends congratulatory letter to Amanda Nguyen, first woman of Vietnamese origin to fly into space

Sign up for newsletters

Must read

Indian retail sales tumble

13/07/2020

Benoy expands in Philippines

12/02/2016

Surge in Hong Kong Cybercrime

22/10/2018

Korea’s card spending jumps 16% in January

27/02/2016

Behind the Buzz

Retail News Asia — Your Daily Fix of What’s Happening in Asian Retail

We’re here to keep you in the loop—every single day. Whether you’re running a small local shop, scaling an online biz, or part of a global brand making moves in Asia, we’ve got something for you.

With 50+ fresh stories a week and 13.6 million readers, Retail News Asia isn’t just another news site—it’s the go-to source for all things retail across the region.