Jessica Alba’s Honest smells like teen spirit

by - December 09, 2023

 NEW YORK, June 17 (Reuters Breakingviews) - Honest Co (HNST.O) is running into growing pains.

Jessica Alba, co-founder of The Honest Company, speaks during the TechCrunch Disrupt event in Brooklyn borough of New York
The consumer-packaged goods company founded by Hollywood star Jessica Alba reported on Wednesday first quarter sales for its biggest product category, diapers and wipes, fell 2% year-over-year to nearly $50 million.

Jessica Alba's Honest Co. names new CEO - MarketWatch

True, Honest is branching into other product lines like cosmetics and it’s going up against some difficult comparisons as people stocked up on essentials last year.

The rise, fall, and rise again of The Honest Company - Jilt
Older rival Procter & Gamble (PG.N) said sales for its baby division including Pampers declined 4% for the same period.

Jessica Alba – TechCrunch Disrupt Conference in Brooklyn – GotCeleb
But Honest is showing some early worrying blemishes: Digital sales almost came to screaming halt, rising only 2% in the quarter compared to a 23% jump last period.

 

jessica-alba-at-techcrunch-disrupt-conference-in-brooklyn-05-11-2016_11 – HawtCelebs

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