Plans Tag
Kim Kardashian and the Oscars’ goodie bags have helped British founded hairbrush brand Tangle Teezer to capitalize on its U.S. expansion plans.
The corporate has been working for the past few years to realize traction within the U.S. and its latest set of results showed that work has come to fruition.
The U.S. is now Tangle Teezer’s largest market, with sales surging 133 percent in 2021. It entered the U.S. through doors at Ulta Beauty, however it now also available at Goal, Walgreens, Sephora, CVS and Nordstrom.
The brand’s work with celebrity stylists akin to Chris Appleton has helped it in its mission, as he has used the comb on celebrity clients akin to Kardashian. It was also included within the Oscars’ goodie...
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PARIS — Douglas Group said Monday that it plans a public listing on the regulated market of the Frankfurt Stock Exchange as early as March 2024, subject to capital market conditions.
The Düsseldorf, Germany-based beauty retailer targets an equity contribution of around 1.1 billion euros, including the targeted IPO primary proceeds and an added equity injection of around 300 million euros from the present shareholders, it said in an announcement.
Group shareholders include Kirk Beauty International SA, the holding company majority owned by funds advised by CVC Capital Partners and the Kreke family.
IPOs are heating up within the European beauty market, with Puig and reportedly Galderma mulling public offers.
“The proceeds are expected for use to proceed deleveraging the Douglas Group’s balance sheet,” the corporate...
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Underlining Beauty, the parent company of Nailboo, has raised a $6 million seed round that it plans to make use of to scale up the business.
The round was led by Peter Warnøe and Christian Tarp at Nordic Eye Enterprise Capital, a fund in Denmark. With the capital, Underlining intends to expand its direct-to-consumer business, create more product lines and launch in retail.
At once Underlining operates three brands: TatBrow, Nailboo and Hide, a skincare line. The corporate relies in Miami, and was founded by Raz Romanescu. Amanda Johnson, the cofounder of Mented, joined Underlining as chief marketing officer in 2021.
“We wish to turn out to be a worldwide consumer distribution company with a portfolio of iconic brands,” said Romanescu in an...
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