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Kenvue Inc

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Neutrogena Faces Boycott Wave After Panettiere’s Death Resurfaces Contract Dispute
business-and-culture2 months ago

Neutrogena Faces Boycott Wave After Panettiere’s Death Resurfaces Contract Dispute

Fans are launching a coordinated boycott of Neutrogena following the death of Hayden Panettiere, which has revived her claims that the skincare brand terminated her decade-long endorsement deal after she publicly discussed postpartum depression. The backlash has driven a significant spike in search interest and social media engagement, while the parent company, Kenvue Inc., saw its stock dip. Neutrogena has not issued a public response to the renewed criticism or the specific allegations regarding the contract termination.

finance3 years ago

J&J's Kenvue IPO Valued at $22 Per Share, Tops Expected Range.

Johnson & Johnson's consumer health business, Kenvue Inc., raised $3.8 billion in an upsized initial public offering, pricing its shares at $22 each, which is in the top half of the company's marketed range. Kenvue's IPO is the biggest US listing since 2021 and is being led by Goldman Sachs Group, JPMorgan Chase, and Bank of America. Kenvue's products include dozens of J&J brands that are household names, including Tylenol, Listerine, Neutrogena, and Nicorette. Its shares are expected to begin trading on the New York Stock Exchange under the symbol KVUE.