Function of Beauty said the investment will accelerate the company's product development, support its continued worldwide expansion, and build upon its already industry-leading customized manufacturing capabilities.
The Honest Company announced on Wednesday that it has expanded its partnership with Walgreens, introducing its clean beauty line to 750 of the pharmacy chain’s stores across the US, as well as its e-commerce platform.
The 10-piece series comprises budget-friendly, plant-derived baby essentials featuring organic botanicals and spanning shampoo and body wash as well as bubble bath, baby lotion, mineral sunscreen and more.
The Honest Company announced it has received a $200 million strategic investment from consumer-focused private equity firm L Catterton. Honest Beauty will roll out in 7 European countries starting next spring.