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15 Nov

Natura Sells The Body Shop to Aurelius for 207

by Beautifaire101
Beauty, Featured
Natura Sells The Body Shop to Aurelius for 207
Natura & Co is officially selling The Body Shop to personal equity firm Aurelius Investment in a deal valuing the chain at 207 million kilos, it was revealed Tuesday. The closing of the transaction is anticipated to occur by yearend and is subjectto customary regulatory approvals. “We're delighted to be undertaking this acquisition of an iconic British brand, which pioneered the cruelty-free and natural ingredient movement within the health and wonder market,” said Tristan Nagler, partner at Aurelius. “We look ahead to working with CEO Ian Bickley and his team to drive operational improvements and re-energize the business, and help to deliver the subsequent chapter of success.” In accordance with São Paulo-based Natura, this is a component of its efforts to streamline...
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21 Jun

Fashion Gaming App Drest Raises 15 Million Kilos in

by Beautifaire101
Beauty, Featured
Fashion Gaming App Drest Raises 15 Million Kilos in
LONDON — Drest, the mobile gaming company that permits players to turn out to be fashion stylists and types to appeal to recent audiences, has raised 15 million kilos in fresh funding from its longstanding investor. The cash has been earmarked for the event of a recent product proposition, Drest Game 2.0, which guarantees to supply a more sophisticated user experience and a bigger, global marketing platform for fashion, luxury, beauty and jewellery brands. The corporate said the brand new funds will allow Drest to grow and scale within the fields of gaming, media, data and e-commerce with the ambition of becoming the leading creative platform for fashion, entertainment and lifestyle gamification. The updated plaform is being rolled out progressively in numerous...
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5 Jun

Influencer Analytics Firm WeArisma Banks 2.5 Million Kilos From Adjuvo

by Beautifaire101
Beauty, Featured
Influencer Analytics Firm WeArisma Banks 2.5 Million Kilos From Adjuvo
LONDON — WeArisma, the info analytics company that measures the marketing power of online influencers and celebrities in fashion, beauty, luxury and travel, has raised 2.5 million kilos in its latest funding round led by the investment syndicate Adjuvo. An announcement is predicted on Monday. In an interview, Jenny Tsai, chief executive officer and founding father of WeArisma, said the cash could be put toward refining the sandstorm of knowledge that lands on her staff’s desks daily and ensuring that the business can interpret global trends in multiple languages for clients including Hermès, Unilever and Coty. Tsai also plans to introduce latest features to the platform and boost its coverage of leading social channels in Asia Pacific and globally. She wants brands to...
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30 Jan

Apax Pumps 60M Kilos Into Matchesfashion as Turnaround Takes Hold

by Beauty Tips
Fashion, Featured
Apax Pumps 60M Kilos Into Matchesfashion as Turnaround Takes Hold
  LONDON — Private equity investor Apax has given Matchesfashion a vote of confidence in the form of 60 million kilos in fresh funding. The investment comes on the heels of an improved performance under the newest chief executive officer Nick Beighton, who joined the retailer last summer. The 60 million kilos is comprised of 40 million kilos in fresh equity, and 20 million kilos in debt. It represents Apax’s largest commitment to Matchesfashion because it purchased the corporate in 2017 from founders Tom and Ruth Chapman, and other investors. Beighton told WWD the 60 million pound injection was a show of “confidence in my executive team, strategy and potential.” He said the cash means “we’ll have the ability to raised utilize technology, product, logistics...
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