Investment – Page 4 – Beautifaire

1 Jan

Patrick Ta Beauty has a recent investor. Stride Consumer Partners, whose partners were early investors in Tatcha, Skinfix, First Aid Beauty and Drybar, amongst others, has taken a minority stake within the business founded by skilled artist Patrick Ta. Terms of the deal weren't disclosed, though industry sources estimate Patrick Ta Beauty’s sales are expected to achieve $30 million in 2022. Ta founded the brand in 2019 alongside Rima and Avo Minasyan, and it's exclusively sold at Sephora and via its own website. “I desired to create a brand that allowed women and other people to feel confident inside their very own skin,” Ta said. “Every part is catered to people to amplify their natural beauty. It gives a variety of room...

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11 Dec

Jay-Z Makes Major Investment In Beauty Brand – Essence

by Beauty Tips

Makeup, Featured

Jay Z is joining his wife in the style and wonder investor space. ESSENCE recently reported that Beyonce joined Rihanna and others as an investor in a French women’s apparel brand—now it has been reported that Jay-Z is backing premier beauty brand Madison Reed in an investment totaling $33 million, based on Bloomberg. Led by Sandbridge Capital and Jay-Z firm Marcy Enterprise Partners, the investment totaled nearly $220 million. Madison Reed plans to make use of the funding to assist launch a Hair Color Bar expansion and retail locations resembling Ulta and Ulta Beauty at Goal. Moreover, the brand goals to expand its development for Madison-Reed.com and Amazon.com. “Our business is the epitome of omnichannel, customers know our brand, they see the identical products...

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15 Sep

Jay-Z Makes Major Investment In Beauty Brand

by Beautifaire101

Beauty, Featured

Jay Z is joining his wife in the style and wonder investor space. ESSENCE recently reported that Beyonce joined Rihanna and others as an investor in a French women’s apparel brand—now it has been reported that Jay-Z is backing premier beauty brand Madison Reed in an investment totaling $33 million, in keeping with Bloomberg. Led by Sandbridge Capital and Jay-Z firm Marcy Enterprise Partners, the investment totaled nearly $220 million. Madison Reed plans to make use of the funding to assist launch a Hair Color Bar expansion and retail locations resembling Ulta and Ulta Beauty at Goal. Moreover, the brand goals to expand its development for Madison-Reed.com and Amazon.com. “Our business is the epitome of omnichannel, customers know our brand, they see the identical...

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10 Sep

L’Oréal’s China Fund Makes First Investment in Chinese Fragrance

by Beautifaire101

Beauty, Featured

SHANGHAI — L’Oréal’s China Fund, Shanghai Meicifang Investment, has taken a minority stake in Chinese fragrance brand Documents. That is Meicifang’s first investment within the China market. Meicifang’s minority stake marks the closing of Documents’ Series A round investment of greater than $10 million renminbi, or $1.4 million. Cathay Capital’s Consumer Co-Creation Fund also led this round of investment. The news was unveiled during Shanghai May 5 Shopping Festival’s Global Recent Products Debut Season event today, in keeping with local media reports. “Documents just isn't only an emerging pioneer within the Chinese high-end personalized beauty market, but in addition a Chinese fragrance brand popular amongst young Chinese shoppers for its signature oriental aesthetics,” Fabrice Megarbane, president of L’Oréal North Asia and CEO of L’Oréal...

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