Cellular Goods Shares Soar After E-Commerce Contract With Sephora
May 10 2023 - 3:10AM
Dow Jones News
By Christian Moess Laursen
Shares in Cellular Goods rose Wednesday after the company said
that its skincare products will be available on Sephora's
e-commerce website after entering a contract with the French
personal-care retailer.
At 0723 GMT, shares were up 0.33 pence, or 54.2%, at 0.93
pence.
The U.K. lab-made cannabinoids company said that the skincare
products, Look Better, will be available on the website from the
second half of this month.
Cellular Goods will become the first cannabigerol-based skincare
brand on Sephora U.K., the company said.
"The Sephora launch is part of our continued customer
acquisition strategy, as we continue to increase awareness of our
products and grow our sales channels," Chairman and Interim Chief
Executive Darcy Taylor said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
May 10, 2023 03:55 ET (07:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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