THE WHAT? The Founder of Uoma Beauty, Sharon Chuter has vowed to challenge the sale of her brand to MacArthur Beauty after the private equity firm announced the purchase of the black-owned brand’s intellectual property.
THE DETAILS According to a report published by the Business of Fashion, quoting an email from Chuter, the brand’s Founder learned of the sale for the first time only after it was a done deal. The private equity firm did not disclose financial details of the deal but Uoma Beauty’s sales are said to have totalled US$15 million in 2022.
THE WHY? Reports emerged over the summer that the brand had hit a stumbling block with orders unfulfilled and social media accounts falling silent. Todd Boren, Managing Partner at The MacArthur Companies told The Business of Fashion, “We saw an opportunity to save this company and turn it completely around.” Boren declined to comment on Chuter’s reported reaction to the sale, when contacted by The Business of Fashion.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore 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.
