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13 Jun

Vendis Capital Invests in Skins Cosmetics

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...
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9 Dec

Documenting the wonder ideals of Cali, Colombia’s cosmetic surgery

Kurt Hollander takes to the streets of Cali to capture the town’s cosmetic architecture and the physical manifestations of the influence of cosmetic surgery on the culture Cali, the state capital of Valle del Cauca, Colombia, is home to lots of of plastic surgeons. More people travel to Colombia for operations than anywhere else on the earth, nearly all of them heading to Cali, and with annual profits of hundreds of thousands of dollars the town has change into referred to as Colombia’s ‘Silicone’ Valley. And it’s not only the foreigners keeping the industry going. Colombia ranks third in the world for probably the most variety of surgeries per capita, and the ladies...
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29 Nov

French Investment Fund Experienced Capital Shakes Up Leadership

PARIS — French investment firm Experienced Capital is shaking up its leadership. Frédéric Biousse and Elie Kouby, who cofounded the corporate in 2016 with fellow ex-SMCP (Sandro, Maje and Claudie Pierlot) executive Emmanuel Pradère, have relinquished their operational roles within the firm, effective Nov. 13, ECP said on Wednesday. Because it gears up for its next fundraising round next 12 months, Experienced Capital might be managed by Pradère, president of the corporate since 2019, and team members Alban Gérard, partner since 2021; Amélie Gosselin-Furno, who has been appointed partner as a part of the restructuring, and Virginie Birade, director. Biousse and Kouby will regularly sell their shares within the management company to the team over the following two years, Pradère told WWD. They...
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6 Nov

Element Eight Raises Capital, Ex-Sephora CEO Martin Brok Joins

Luxe oxygenated skincare brand Element Eight has closed a $6 million funding round and announced a slew of recent appointments, including former Sephora chief executive Martin Brok as a board member.  The brand raised $2.5 million from existing investors and an extra $3.5 million from latest investors, pushing the entire raised thus far as much as $7.9 million.  “With 45 percent of the round coming from surgeons, dermatologists, and PhD scientists, we have now a powerful validation of the scientific acumen of the brand. We were more than happy to even have participation from private family offices with experience in beauty investing, who accounted for 34 percent of the round,” said chairman and cofounder Bradley Patt.  He added that it can proceed onto...
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