Our long national sunscreen nightmare is almost over
… The FDA approving BEMT doesn’t immediately fix all this. …
… The FDA approving BEMT doesn’t immediately fix all this. …
… They can retail for $200, and traditionally, that was a $100 retail item. …
… And would brands want to be in retailers? Why don’t they sell directly today? Why won’t they do that? Because retailers provide value in the middle. …
… It’s interesting because the choke point there is retail, right? …
… So actually, let me take a step back here and just talk about intermediation, disintermediation, because that was the thing we were all excited about in the 1990s, disintermediation. Why were we excited about disintermediation? It’s not because intermediaries are per se bad. …