LunaPads sales increased 25% after scandals at competitor Thinx last month

Sales at privately-held company LunaPads, which makes menstrual products, increased by 25% last month. In mid-March, competitor Thinx weathered a scandal about workplace culture and a former employee charged that Thinx’s founder had sexually harassed her. Vancouver, Canada-based LunaPads, which has been making menstrual underwear since 2000, told MarketWatch it expects greater sales growth to come. Customers of start-up Thinx, which also makes menstrual underwear, told MarketWatch last month that they were disillusioned about the company, and weren’t sure they’d purchase its products again.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply