May 23, 2023 – Page 5

23 May

R.e.m. Beauty, the wonder brand founded by Ariana Grande, has gained a latest investment. The round was led by Sandbridge Capital, and Strand Equity, Hybe America, Live Nation Entertainment and Universal Music Group also participated. Terms of the deal weren't disclosed. “Our latest partners share our same values and strategic vision and I welcome them as we take flight during this latest and exciting era,” Grande said via email. “I'm incredibly inspired and can't wait for everybody to witness what we've got in store. The journey in constructing R.e.m. beauty has only just begun.” The brand was recently PETA-approved cruelty free, and has launched at Sephora in Europe and Selfridges within the U.K. Michelle Shigemasa, R.e.m. Beauty’s recently anointed chief executive, said...

0 Comments

23 May

H&M Group’s Helena Helmersson Joins The Fashion Pact as Co-Chair

by Beauty Tips

Fashion, Featured

H&M Group’s Helena Helmersson Joins The Fashion Pact as Co-Chair

The Fashion Pact, a voluntary Kering-backed climate and biodiversity initiative for fashion, revealed updates and has named a recent co-chair. As of Tuesday, Helena Helmersson, chief executive officer of H&M Group, joined as co-chair of The Fashion Pact. She succeeded The Fashion Pact’s cofounder and Kering’s chairman and chief executive officer François-Henri Pinault, after the completion of his three-year term mandate. Helmersson will serve alongside co-chair Paul Polman (reelected for one more three-year term) and Eva von Alvensleben, executive director and secretary general of The Fashion Pact, on the initiative’s steering committee. Pinault first announced The Fashion Pact alongside French President Emmanuel Macron on the Group of Seven summit hosted by France in Biarritz in August 2019. The Kering chairman will remain...

0 Comments

23 May