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Nécessaire is eyeing expansion — with a helping hand from one other round of financing.
The Los Angeles-based body-first brand founded by Randi Christiansen, a former marketing and strategy executive at The Estée Lauder Cos., and editorial veteran Nick Axelrod has received financing from Cavu Consumer Partners, even though it didn't disclose terms.
It previously gained investments from Imaginary Ventures, Forerunner Ventures, Maveron Ventures and VMG Catalyst.
Nécessaire is expecting to make $35 million in retail sales this 12 months from selling around 1.5 million units, and the corporate has big goals for the long run with aggressive plans to broaden its product range and retail strategy.
“Nick and I made a decision that we wanted some growth capital to do three things. Primary,...
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Guillaume Jesel
Thomas Mangieri
Guillaume Jesel, most recently the worldwide president at Tom Ford Beauty for eight years, has been promoted to president, global brands, Tom Ford Beauty, Balmain Beauty and luxury business development on the Estée Lauder Cos. In his role, Jesel will proceed to oversee the expansion of Tom Ford Beauty, and can spearhead the worldwide development of Balmain Beauty, with whom Lauder inked a license last month.
Bruce Weiss
courtesy photo
Vitamin business Goli Nutrition has a recent chief executive officer. Bruce Weiss, formerly the vp and head of health and well-being of Church & Dwight’s strategic business unit, has been named to the role. Weiss is the corporate’s first CEO and can work alongside Goli founder and president, Michael Bitensky....
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Dove is expanding its efforts to enhance diverse representation within the virtual realm.
After difficult unrealistic standards of beauty for girls in video games with the 2022 launch of its Real Virtual Beauty coalition, the brand is introducing Code My Crown, a 226-page guide to coding natural hairstyles.
“Dove’s mission is to make a positive experience of beauty universally accessible to everyone. While gaming can provide a wealthy and positive influence…the portrayal of girls and other people of color in video games isn’t at all times so positive,” said Lauren Baker, senior brand manager of engagement and social impact, citing Dove research that shows 85 percent of Black gamers imagine video games poorly represent natural hair.
To that end, Dove partnered with the...
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