Beauty company BWX on the up

Company News

by Rachael Jones

Beauty company BWX (ASX: BWX) share price rose an impressive 5.3 per cent after management presented at the Macquarie Group Ltd (ASX: MQG) investor conference.

BWX is Australia’s leading natural skincare company with a range of natural brands. It’s leading line is Sukin.

The global natural beauty and personal care market is projected to be a $50 billion industry by 2019 and it’s growing at a 14 per cent CAGR since 2015.

BWX has gone on an acquisition spree over the past year, adding US brands Mineral Fusion and Andalou Naturals to its portfolio.

Shares in BWX (ASX: BWX) closed 5.29 per cent higher to $5.37 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.