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Brand Awareness

Explosive growth for Maine skincare products company [Video]

PORTLAND, Maine (WMTW) – A skincare products company based in Portland is adding new products to its lineup and says it has seen “explosive sales growth” over the last year.

Thursday, Marin Skincare in Portland released a Campfire S’mores lip treatment. Just like Marin’s signature “Lobster Lotion,” made with lobster glycoproteins, the Campfire S’mores lip treatment contains the same healing protein. It also has the scent of roasted marshmallow, cinnamon honey graham cracker, caramelized vanilla and milk chocolate.

The company teams up with Portland seafood company Luke’s Lobster, where the fluid used in the cream containing the lobster protein is removed during processing. In the past, the fluid would have gone down the drain.

The company said Thursday that sales have grown by 3,900% since it launched in 2020 and that it more than doubled its full-time workforce in the last year, growing from three to seven.

The company also said that this …

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Brand Awareness

How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.