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Minority Tag

1 Jan

Patrick Ta Beauty Takes Minority Investment from Stride –

by Beautifaire101
Beauty, Featured
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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28 Dec

L’Oréal Takes Minority Stake in French Biotech Company Microphyt

by Beautifaire101
Beauty, Featured
PARIS — L’Oréal is expanding its reach into the green sciences by taking a minority stake in Microphyt, a French biotech company, to develop recent cosmetic solutions. The investment was made through Business Opportunities for L’Oréal Development, or BOLD, the group’s enterprise capital fund. L’Oréal and Microphyt are starting to work together on progressive lively ingredients to open recent beauty territories, based on Anne Colonna, head of advanced research at L’Oréal. “We're going to put all of the progressive power of Microphyt, including the actives they have already got, with all the ability of L’Oréal to judge each the efficacy and the security, and to formulate,” she said. “We actually need to synergize to go one step further.” One other goal with the partnership...
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8 Sep

Melissa L. Bradley Reminds Black & Brown Entrepreneurs: ‘You

by Beautifaire101
What's The Tea, Featured
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