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15 Nov

Fact Check: Sephora Did Not Fund Trump Campaign, Despite

Fact Check: Sephora Did Not Fund Trump Campaign, Despite
Facade of Sephora store with illuminated signage, Latest York City, Latest York, October 21, 2024. (Photo by Smith Collection/Gado/Getty Images) Excellent news for beauty lovers: there’s no must abandon those Sephora carts just yet. The sweetness giant — a favourite for lots of us — has recently found itself under scrutiny following claims that it had donated to President Donald Trump’s campaign. The allegation, which quickly gained momentum across social media, prompted calls for a boycott from consumers who prioritize social and political alignment of their purchasing decisions.  Nonetheless, Sephora has since clarified that these rumors are entirely false and insists that it has made no such political contributions. But as we all know, this moment highlights the actual influence we hold as...
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10 Apr

Matter of Fact Skin Care Brand Closes $6 Million

Matter of Fact Skin Care Brand Closes  Million
Matter of Fact has closed its second round of funding, to the tune of $6 million. The brand, founded by Paul Baek in 2021, closed a round of additional funding with participation from Horizon Ventures and Cowboy Ventures, along with James and Nicky Hilton Rothschild, in addition to Birchbox cofounder Hayley Barna. That brings Matter of Fact’s total funding to $16 million. The corporate raised $10 million in seed funding in 2021. Matter of Fact currently only has two products, and sells directly on its website. The brand launched with a 20 percent vitamin C serum, which boasts two years of shelf stability resulting from a patent-pending delivery system, and likewise sells a moisturizer. The brand’s primary focus has been fueling innovation, including various...
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