Lindsay Lohan Ventures into Beauty with Linlo Beauty

Lindsay Lohan is set to make her mark in the beauty industry with her new brand, Linlo Beauty. According to a filing with the U.S. Securities and Exchange Commission on July 22, the brand will be led by CEO Lara Verdugo, who has experience from Proctor & Gamble and Isdin.

Linlo Beauty aims to raise up to $5 million through a private securities offering, although specific details regarding product launches, pricing, or distribution have yet to be disclosed.

In other news, U.S. retail sales witnessed a drop of 0.6% in July, marking the first decline since October 2022 and the largest in 14 months. Despite this, clothing store sales increased by 1.9%, likely driven by back-to-school shopping.

Source: fashionista.com