08/02/2026
Three stories, three different kinds of pressure on beauty right now. All sourced from ORBIT, Beauty Independent's news platform.
TSG Consumer bought a majority stake in Saltair, a body care brand priced $12 to $26. It is expected to do roughly $150M in sales this year on an EBITDA margin of roughly 30%, per Puck News. The FDA approved BEMT, the first new sunscreen filter approved in the U.S. since 1999, which could finally give formulators here transparent finishes and lighter textures. And U.S. salons pulled $8.5B in Q1, down 6.9% year over year, while Circana estimates prestige haircare grew 10% outside the salon chair.
Capital, formulation, channel. Three stories, one swipe.
Reporting by Erica La Sala and Taylor Bryant for ORBIT by Beauty Independent.
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