Bread Beauty Supply Acquired by Cost of Doing Business, the Holding Company Led by Topicals Founder

The beauty industry is no stranger to acquisitions and mergers, with companies constantly seeking to expand their portfolios and reach new markets. In a recent development, Bread Beauty Supply, the Australian hair care brand known for its clean and inclusive products, has been acquired by Cost of Doing Business (CODB), a holding company led by Olamide Olowe and Sochi Mbadugha, the co-founders of popular skincare brand Topicals.

This acquisition marks a significant milestone for Bread Beauty Supply, as it will now be owned and operated by CODB, providing the brand with access to new resources, expertise, and opportunities for growth. Olowe and Mbadugha, who have demonstrated their keen business acumen and innovative approach with the success of Topicals, are well-positioned to lead Bread Beauty Supply to new heights within the beauty industry.

Bread Beauty Supply has garnered a loyal following for its focus on natural ingredients, sustainability, and catering to a diverse range of hair textures and types. By joining forces with CODB, the brand will not only be able to leverage the financial backing and operational support of a seasoned holding company but also benefit from the strategic guidance and vision of Olowe and Mbadugha.

The decision to acquire Bread Beauty Supply aligns with CODB’s mission to champion brands that prioritize inclusivity, sustainability, and authenticity. With the expertise of Olowe and Mbadugha at the helm, CODB is well-equipped to nurture Bread Beauty Supply’s unique identity and further elevate its presence in the market.

Olowe and Mbadugha’s track record of building Topicals into a cult-favorite skincare brand known for its effective products and commitment to diversity and representation bodes well for Bread Beauty Supply’s future under the CODB umbrella. Their combined experience in the beauty industry, coupled with their passion for creating products that resonate with consumers, positions them as ideal leaders to drive Bread Beauty Supply’s continued success.

As the beauty industry continues to evolve and consumers increasingly prioritize brands that align with their values and preferences, the acquisition of Bread Beauty Supply by CODB signals a strategic move that capitalizes on these trends. By bringing together the strengths of both companies, this acquisition has the potential to not only benefit Bread Beauty Supply and CODB but also resonate with consumers who seek authentic, inclusive, and innovative beauty brands.

In conclusion, the acquisition of Bread Beauty Supply by Cost of Doing Business, the holding company led by Topicals founder Olamide Olowe and Sochi Mbadugha, represents a significant development in the beauty industry. With a shared commitment to inclusivity, sustainability, and innovation, this partnership is poised to drive growth, foster creativity, and meet the evolving needs of beauty consumers worldwide.

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