Kimberly-Clark buys majority stake in reusable period underwear company

Kimberly-Clark Corporation has acquired a majority stake in Thinx, Inc., a maker of reusable period and incontinence underwear. Terms of the transaction were not disclosed. Thinx Inc., founded in 2013, encompasses four brands, Thinx, Thinx (BTWN), Speax by Thinx, and Thinx for All, a lower-priced line available at Target. The company expanded into activewear last year. Other retail customers include CVS and Boots. Russ T orres, group president of Irving, Texas-based Kimberly-Clark's (NYSE: KMB)…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news