4 Amyris’ Brands Including Biossance Sold at Auction –

3 Dec

4 of bankrupt Amyris’ beauty brands have been sold at auction to the best bidders. In accordance with court documents, skincare brand Biossance has been sold to online beauty retailer THG Beauty, formerly often called The Hut Group, for $20 million. THG owns online retailers including Cult Beauty and Lookfantastic, and types corresponding to Perricone MD and Espa. Centered around Amyris’ star ingredient, squalane, Biossance has long been considered the most effective brand on its roster and the almost certainly to search out a buyer. Elsewhere, Scent Theory Products paid $600,000 for 4U By Tia, launched in partnership with Tia Mowry to satisfy the needs of those with 2A through 4C hair textures by providing a streamlined assortment of need-based products. Dr. Reddy’s Labs...

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3 Dec

EXCLUSIVE: Balenciaga CEO on Brand’s U.S. Push — and

by Beautifaire101

Beauty, Featured

Balenciaga‘s big show in Los Angeles Saturday caps off a fancy, but ultimately encouraging, yr for the French fashion house — and underscores how necessary the U.S. market stays for its future. California particularly has been a recent focus for Balenciaga’s retail expansion — it doubled its presence on Rodeo Drive and debuted a two-story venue at South Coast Plaza — and that’s hardly a coincidence. “It’s very necessary while you have a look at the perception that all of us have of luxury, and the role played by america particularly in redefining luxury,” in accordance with Balenciaga chief executive officer Cédric Charbit. “Balenciaga also makes this claim of redefining luxury, so we've this in common.” Since Demna arrived on the creative helm...

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19 Nov

Contained in the Latest Crop of Expert-founded Beauty Brands

by Beautifaire101

Beauty, Featured

Contained in the Latest Crop of Expert-founded Beauty Brands

Call it the age of experience. After years of celebrity- and influencer-driven brands, a requirement for expert-led content is paving the way in which for makeup artists, hairstylists, aestheticians, dermatologists, plastic surgeons and more to enter — or in some cases reenter — the brand game. While a crowded playing field rife with incumbent authorities and a slew of buzzy, celebrity- or influencer-backed competitors awaits them, it’s their backgrounds of their fields, though, that provides them their edge. “Expert-driven brands are having a renewed moment,” said Lucie Greene, founding father of Light Years Consulting. “That is partly driven by TikTok and Instagram culture, where we’re seeing more of the folks that we follow and love crediting who they use — that might be...

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18 Nov

How Pharmacy Closures Will Impact Consumers and Personal Care

by Beautifaire101

Beauty, Featured

How Pharmacy Closures Will Impact Consumers and Personal Care

As pharmacies across the country close and pharmacists strike for higher working conditions, industry experts are analyzing the implications for consumers. It wasn’t so way back that major drugstore chains were committed to expansion, with the intention to be on every corner making health services widely accessible — this approach proved successful throughout the COVID-19 pandemic. Nevertheless, the strategy is now going downhill with many major retailers announcing closures. In October, Rite Aid filed for Chapter 11 bankruptcy. Meanwhile, earlier this yr, in June, Walgreens announced it might close 150 doors, following 200 store closures in 2019. In 2021, CVS said it might close 900 doors over the subsequent three years. Experts attribute these closures to the sheer amount of pharmacies, the...

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