Soon after Katherine, Alison and Juliana Ragusa launched their Lab to Beauty line of CBD-infused face washes, masks and moisturizers, it was being stocked on the shelves at high-end retail chain Barneys New York. —
The sisters, who started developing the line early last year, already had in-house expertise on creating and marketing beauty products through their family business, The Advantage Co., which manages a portfolio of beauty, fashion and jewelry brands and restaurants. They worked directly with hemp farmers to source the CBD and with Advantage Co.'s lab and scientists to formulate the products.
By summer, after they had tested the products with a third party lab, they sent samples to Barneys' beauty team.
"It was exciting for us to see how open they were to trying our samples on the spot," says Katherine Ragusa
Jennifer Miles, Barneys' senior vice president, divisional merchandise manager, cosmetics, says the department store chain had been looking for a CBD skincare line. She says Barneys is trying to address customers' misconceptions around CBD "as it is becoming more mainstream and customers are learning about the benefits, and how to add these products to their wellness routine.
The line of eight products is now sold in seven Barneys locations, including its stores in New York, Chicago and Beverly Hills and on Barneys.com.
"The response has been tremendous. Barneys sold out of some of the products online, but we have now replenished the supplies," says Katherine.
According to Johnny Drummond-Founder & CEO of Cannologies, Inc. and their brand of Infuzion skin care products say, ‘this is a major milestone within the industry and proves that CBD is here to stay and as time goes on we will start to see CBD sold in major retail and grocery outlets.
Contact Investor Relations:
Shareholder Relations, LLC
Sean Renninger-Executive Vice President
Release ID: 502485