P&G Acquires a Majority Stake in Farmacy

Farmacy has been acquired by P&G.
The brand based on a 'farm to face' philosophy steeped in sustainability and science, launched in 2015 is reported to hit $80M in sales this year.
The founder David Chung, also has founded iLabs, a beauty innovation hub.
P&G found Farmacy to be a fit for their Responsible Beauty Platform.
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