PARIS — Private equity firm Vendis Capital has invested in omnichannel beauty retailer and distributor Skins Cosmetics, based within the Netherlands.
Financial terms of the deal weren't disclosed.
Skins Cosmetics was founded in 2000, culling premium area of interest brands which can be backed by its eponymous retail brand. Skins Cosmetics now carries about 150 luxury area of interest brands.
“With Skins Cosmetics, we achieved many successes, driven by the expansion of existing stores and successful latest store openings,” said Philip Hillege, a cofounder of the corporate, who's its creative director, in an announcement. “This ultra-high-end segment of the market is growing rapidly and is inadequately served in the present international retail landscape.
“We imagine within the qualities Vendis Capital will add to the event of...
Continue reading
0 Comments
