Headlines in the Global Wellness Economy
Global Wellness News™ | March 24th, 2022
Women’s health companies are at a pivotal moment of recognition, according to Deena Shakir, a partner at the venture capital firm Lux Capital. According to Lux Capital, the value of its portfolio of women-led companies has risen to $10 billion. That’s from the venture capital firm’s $100 million investment in women-led companies.
4AM skincare released a new set of minimalistic serums that claim to maintain the skin’s natural circadian rhythm. Using an extract from the plant Lespedeza Capitata, the serum formulations combat the harmful effects that blue light from screen usage and lack of sleep have on the natural cycle that occurs in the skin each night.
The Blissfeel Running Shoe is the first model in the footwear collection, which launched today. According to Lululemon, the sneaker is said to be comfortable and supportive enough to keep you running for miles. Before shaping the design, the Lululemon team worked with foot morphology and biomechanics experts to create the perfect footbed for female feet.
After two years of uncertainty, the outlook for commercial real estate development is positive, especially after a record year for CRE sales. As pandemic impacts linger, like hybrid work and supply chain disruptions, commercial real estate developers are catching up with these changes and adjusting plans accordingly.
Allison Worrall | After surfing the rising tide of wellness tourism for over a decade, the founders of Sydney’s Billabong Retreat are selling. It is the third major eco-retreat to hit the market in just six months, with price expectations above $25 million.
We are seeing a renaissance of indigenous Chinese wisdom. And, from this, a new generation of brands in the beauty and wellness space. From skincare to supplements, innovative C-beauty businesses are looking towards China’s homegrown systems of value to inform the concepts and ingredients of their products.