Brands – Page 13 – Beautifaire

1 Aug

Katherine Power Searching for Fresh Brands to Grow With Greycroft

Katherine Power has a latest perch to seek out, mentor and spend money on the subsequent big thing in the buyer sector. The serial entrepreneur joined seed-to-growth enterprise capital firm Greycroft as partner and is leading its early-stage consumer product investments. It’s a post that connects Power together with her long-time investing partner Dana Settle, who's cofounder and managing partner at Greycroft. It’s also a gig that plays to her strengths and background. Power has been operating for years on the intersection of consumer products and what’s next. She cofounded Who What Wear in 2006 and used that have to launch Versed Skincare and minimalist beauty brand Merit and likewise has teamed with Cameron Diaz to create the organic wine brand Avaline. Settle — in...

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30 Jul

The Top-selling Prestige and Mass Fragrance Brands so Far

by Beautifaire101

Beauty, Featured

The Top-selling Prestige and Mass Fragrance Brands so Far

Fragrance is up. In response to Circana, the category saw 13 percent and 11 percent growth in dollar sales within the prestige and mass markets, respectively, in the course of the first half of 2023. “The mass numbers are so strong, it’s almost [growing at] the identical rate as prestige; that’s somewhat unusual because typically, fragrance on the mass side will not be as dynamic a market. Fragrance could be very much a prestige business,” said Larissa Jensen, vice chairman of beauty at Circana. While average price increases and latest innovation — like Maesa’s Advantageous’ry brand — are driving growth in mass dollar sales, the channel has seen a 3 percent decrease in unit sales in the course of the...

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24 Jul

Where are so many Beauty Founders Departing Their Brands?

by Beautifaire101

Beauty, Featured

Where are so many Beauty Founders Departing Their Brands?

The wonder founder flight is picking up pace. While founder exits usually are not a latest phenomenon — and sometimes occur under essentially the most amiable of circumstances — a spate of exits in recent months raises questions as to simply what's fueling the trend. As a refresher: In January, Gregg Renfrew left her role as executive chair and chief brand officer at Beautycounter, the brand she launched in 2013 and sold to the Carlyle Group in 2021 in a deal that valued the corporate at $1 billion. Shortly after, Melisse Shaban exited her role as chief executive officer of hair care brand Virtue Labs. She transitioned as an alternative to an adviser role just because the brand raised a latest financing round...

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21 Jul

Indie Beauty Brands to Watch – WWD

by Beautifaire101

Beauty, Featured

“I grew bored with the dearth of quality products for my skin type,” said Stacey Pearl, an exhibitor at Cosmoprof North America in Las Vegas. “To be considered an authority, whether it’s hair or makeup, it doesn’t include having expertise and even general knowledge for melanated skin. So, I took matters into my very own hands.” Born within the U.S., Pearl moved to Italy as a young woman to runway model. It’s there that she met a makeup artist who would introduce her to an engineer. “From there, we went to a bordering town in France and began working with a laboratory and doctor to create something that was convenient, functional, and just made sense,” said the entrepreneur, who now resides in Paris. The...

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