One trend in the beauty value chain has been the consolidation of small manufacturers by private equity firms with visions of building portfolios. Unfortunately, indie beauty brands are often the collateral damage in such transactions because the first step is often mercenary optimization, leaving brands that cannot hit newly established minimum order quantities scrambling for new partners.
Bucking this trend, Federal Package, a preferred contract manufacturer for many leading personal care companies, has doubled down on its manufacturing capabilities with the launch of FP Labs, putting 40 years of experience into building a complete solution for beauty brands of all sizes.