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Popular Aussie personal care brand, Sukin, saved after collapse Popular Aussie personal care brand, Sukin, saved after collapse A popular Australian skincare brand has been saved after being snapped up by a company owned by its former CEO for a staggering $70
Major Aussie beauty company BWX collapses - 9News BWX has ownership stakes in several major brands, including Zoe Foster-Blake's popular Go-To skincare company BWX has gone into administration, putting their flagship brand Sukin into jeopardy
Former BWX CEO acquires Sukin in $70 million deal Renowned personal care brand Sukin has found a new home under the ownership of a company led by its former CEO, John Humble This acquisition comes in the aftermath of the collapse of BWX, the Australian Securities Exchange (ASX)-listed parent company of Sukin, which was deemed the largest sell-off in the country’s cosmetics sector last May
Former chief executive snaps up troubled Sukin skin care brand for AUD$70M 12 Jan 2024 --- PNB Consolidated, led by former Beautiworkx (BWX) CEO John Humble, acquires Sukin for an estimated AUD$70 million (US$46 9 million) nbsp;This acquisition would be a turning point for the skin care brand, which faced an uncertain future following the financial collapse of its previous owner
Sukin to go up for sale as another nail driven into BWX coffin BWX’s receivers are poised to sell its most prized remaining brand, Sukin Michael Dodge “The receivers and managers expect to mandate sale advisers for the Australian business, which consists
BWX liquidators confirm sale of Sukin - Inside FMCG BWX collapsed and entered voluntary administration in April last year, with KPMG Australia subsequently appointed receiver Meanwhile, KPMG Australia’s restructuring services partner David Hardy said that PNB Consolidated will provide the ideal platform for Sukin to thrive moving forward “We are delighted to announce the sale of the Sukin brand Importantly, we have been able to reach an
Sukin sold to PNB Consolidated for $70m - Business News Australia The receivers of collapsed cosmetics group BWX have completed the sale of Sukin, offloading the group’s manufacturing facility and assets to PNB Consolidated in a deal reportedly worth $70 million
Sukin: Australian-Owned? A Look At The Brands Roots Sukin is an Australian skincare brand with a focus on natural ingredients Learn about the brand's Australian roots and its commitment to sustainability and cruelty-free practices