Invests – Beautifaire

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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27 Mar

Meaningful Partners Invests $20M Into Allies of Skin

by Beautifaire101

Beauty, Featured

Meaningful Partners Invests M Into Allies of Skin

PARIS — Allies of Skin, the Singapore-based skincare brand, has raised $20 million from Meaningful Partners. The funds shall be used to speed up Allies of Skin’s U.S. push, online and offline, including more marketing, research and development, and team-building there. Nicolas Travis launched the science-led brand in 2016 with three products. The 1A All-Day Mask was the hero of the trio, which stemmed from Travis’ belief in double masking and combination treatments. The road has grown since and today features a full skincare range, with formulas containing clinically proven actives — comparable to retinoids, vitamin C and antioxidants — in high concentrations and biocompatible formulas to repair regenerate and train skin to perform at its best in minimum steps, in keeping with Allies...

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4 Mar

L’Oréal Invests in Swiss Longevity Biotech Company Timeline

by Beautifaire101

Beauty, Featured

L’Oréal Invests in Swiss Longevity Biotech Company Timeline

PARIS — L’Oréal has taken a minority stake in Swiss longevity biotech company Timeline. Terms of the deal, which was made through the wonder giant’s strategic enterprise capital fund Business Opportunities for L’Oréal Development, weren't disclosed. Timeline was founded in 2007 by Chris Rinsch and Patrick Aebischer as a by-product of the Swiss Federal Institute of Technology. It develops solutions for longevity within the food, business and health categories. Rinsch serves as Timeline president, and Aebischer is its chairman. “Timeline has developed a proprietary molecule, Mitopure, that recycles and rejuvenates aging mitochondria, the powerhouses of cells,” L’Oréal said in a press release Tuesday. “This breakthrough technology is backed by greater than a decade of research by distinguished scientists, multiple gold standard clinical studies and an unparalleled...

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26 Nov

Stride Invests in Hair Care Brand Odele – WWD

by Beautifaire101

Beauty, Featured

After its partners made an early investment in Drybar, Stride is getting deeper into hair with Minneapolis-based hair care brand Odele. The private equity firm just made a minority investment in Odele — a phonetic riff off of the Norwegian phrase å dele, which suggests “to share.” The brand was launched in 2020 by Lindsay Holden, Britta Chatterjee and Shannon Kearney, who together bring experience in retail, marketing and manufacturing in each big-box stores and smaller firms, from General Mills and hair care company Renpure to Goal. The road began with nine stock keeping units and a Goal partnership and since then, Odele has expanded to more products, in addition to CVS and Ulta Beauty. Volumizing Shampoo, Volumizing Conditioner and Air Dry...

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