THE WHAT? Savannah Sachs, the CEO of skincare brand Tula, is stepping down from her position, with her resignation effective from August 22nd, as confirmed by P&G Beauty. “After five incredible years with Tula Skincare, I’ve decided to move on and find my next adventure,” Sachs announced in a LinkedIn post.
THE DETAILS? Colin Walsh, the second head of P&G’s speciality beauty division, will take over as Tula’s interim CEO. P&G acquired Tula in 2022, marking it as one of several acquisitions to build out its speciality beauty division. Tula, known for its trendsetting focus on microbiome skincare, was estimated to have net sales of around $150 million in 2021.
THE WHY? Sachs’ departure is part of a broader reshuffle within P&G’s speciality beauty division. “It’s rare that multiple acquired brands join a business simultaneously… With this new transition, this is even more important,” P&G Beauty CEO Alex Keith noted on LinkedIn. The changes highlight P&G’s strategy to bolster its position in the speciality beauty market.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
