The Tampon Dispensing Company That's Turning Away Clients [BNN Bloomberg (Canada)]
SANDVIK AB S/ADR (SDVKY)
NASDAQ:AMEX Investor Relations:
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Source: BNN Bloomberg
AB, founded by Liza Eriksson and Clara Lidman in 2018, wants to improve menstrual health and access to safe, hygienic period products. It's best known for its tampon dispensers, bright red devices mounted in bathrooms from schools to businesses that give out products for free.Globally around 500 million people suffer from period poverty, according to the World Bank, and the surging cost of living is exacerbating the situation for those struggling to afford hygiene products. The RedLocker founders want to see period-product dispensers become as normal as toilet paper in public bathrooms. RedLocker counts over a third of the companies on Sweden's large-cap OMX Stockholm 30 index as customers, and has installed the machines in about half of Sweden's high schools. The plan next is to embark on an international expansion, starting in the Nordic region. “Our founding vision is to drive change,” said Eriksson in an interview. “There's a wide range of women's issues we care for deeply.”For
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