American Exchange Group to acquire Urban Skin Rx.

American Exchange Group, a company specializing in fashion accessories, footwear, lifestyle and beauty products, agreed to acquire Urban Skin Rx, a skincare company. Financial terms were not disclosed. Alen Mamrout, CEO of American Exchange Group. "This acquisition aligns perfectly with our growth strategy, and we see tremendous potential to expand Urban Skin Rx's reach and impact. With our resources and expertise, we plan to grow the brand's direct-to-consumer business, broaden its product range, and explore new brand extensions through strategic licensing and partnerships."