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It's the company's third acquisition in two months in the prestige beauty space.
January 4, 2022
By: TOM BRANNA
Editor
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 hair care company. The three acquistions bolster P&G's existing prestige brand portfolio, which already includes SK-II and First A...
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