THE WHAT? Tupperware Brands has announced that it has entered into a definitive agreement to sell its House of Fuller beauty business in Mexico.
THE DETAILS Details of the deal were not disclosed, including the anticipated closing date.
The sale of the beauty business follows the company’s divestiture of its Avroy Shlain beauty business in South Africa during Q1 2021.
THE WHY? The sale is said to be in line with the company’s turnaround plan strategy of divesting non-core assets.
Miguel Fernandez, President and Chief Executive Officer of Tupperware Brands, says, “This sale represents further progress toward our stated goal of divesting non-core assets, and enables the Company to focus its resources on growing our core Tupperware brands. We will continue to execute on our turnaround plan in order to restore this iconic brand to sustained growth and deliver increased value to all stakeholders.”
Aesthetic medicine products are developed and regulated to meet stringent safety and efficacy standards. They are typically administered by trained healthcare professionals such as dermatologists, plastic surgeons, and specialized nurses in clinical settings. These products aim to provide effective solutions for cosmetic enhancement, skin rejuvenation, and overall aesthetic improvement, contributing to both physical appearance and self-confidence.
Key categories of aesthetic medicine products include:
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Injectables: This category includes products such as dermal fillers, botulinum toxins (e.g., Botox), and collagen stimulators. These injectables are used to smooth wrinkles, add volume, and improve facial contours.
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Skin Rejuvenation Treatments: Products like chemical peels, microdermabrasion systems, and laser devices are used to improve skin texture, reduce pigmentation irregularities, and enhance overall skin tone.
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Skincare Products: These include medical-grade cleansers, moisturizers, serums, and topical treatments containing active ingredients like retinoids, antioxidants, and growth factors. They are formulated to address specific skin concerns such as acne, aging, and hyperpigmentation.
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Hair Restoration Products: Medical treatments and products designed to promote hair growth and treat conditions such as male and female pattern baldness.
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Body Contouring and Fat Reduction: Devices and products used for non-surgical body sculpting, such as cryolipolysis (cool sculpting) devices and injectable lipolytics.
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Cosmeceuticals: High-performance skincare products that bridge the gap between cosmetics and pharmaceuticals, often containing potent ingredients with proven clinical benefits.
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Wound Care and Scar Management: Products like silicone sheets, gels, and advanced wound dressings used to improve healing and reduce the appearance of scars.
