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27 Mar

Parfums de Marly Owner Is Open to Investors –

by Beautifaire101
Beauty, Featured
PARIS — Parfums de Marly, the fragrance house nodding to 18th-century France, registered a 51 percent rise in retail sales in 2022 to $280 million. Julien Sausset, chief executive officer of Parfums de Marly and Initio Parfums Privés, the 2 fragrance brands under Sprecher Berrier Group of Corporations, said the expansion was driven by some “latest milestones within the U.S., Asia, and latest boutiques opening.” Of Parfums de Marly, which is sold in 1,400 points of sale worldwide, Sausset said: “We’ve been the fastest-moving [niche perfume] brand in U.S. department shops in 2022, with 73 percent growth.” The Americas’ business generated half of Parfums de Marly’s total sales and grew 50 percent versus 2021. The brand’s activity was also bolstered by the performance...
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23 Oct

Once Rejected By Investors, Melissa Butler’s “The Lip Bar”

by Beauty Tips
Makeup, Featured
Melissa Butler
Melissa Butler Melissa Butler Beauty entrepreneur Melissa Butler launched her cosmetics brand The Lip Bar with a mission to “change the way in which people take into consideration beauty.” It looks like she’s modified the minds of skeptical investors as well. In 2015, Butler appeared on the business pitch competition series Shark Tank with the aim of obtaining investment dollars for her cutting-edge beauty company—the panel was harsh, and even called it “clown makeup.” 7 years later, Butler has closed on $6.7M in seed funding. Per a news release, the round was led by Pendulum, an inclusive and strategic growth investing and advisory platform designed for founders and leaders of color, with The Fearless Fund and Endeavor rounding out the cap table. Butler said she plans to proceed growing...
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4 Oct

Once Rejected By Investors, Melissa Butler’s “The Lip Bar”

by Beauty Tips
Makeup, Featured
Melissa Butler
Beauty entrepreneur Melissa Butler launched her cosmetics brand The Lip Bar with a mission to “change the best way people take into consideration beauty.” It looks like she’s modified the minds of skeptical investors as well. In 2015, Butler appeared on the business pitch competition series Shark Tank with the aim of obtaining investment dollars for her cutting-edge beauty company—the panel was harsh, and even called it “clown makeup.”  7 years later, Butler has closed on $6.7M in seed funding. Per a news release, the round was led by Pendulum, an inclusive and strategic growth investing and advisory platform designed for founders and leaders of color, with The Fearless Fund and Endeavor rounding out the cap table. Butler said she plans to proceed growing The Lip...
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