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25 Oct

Amazon MGM Studios Is Adapting ‘Glossy’ Into TV Series

Simon and Schuster; Getty Images When you purchase an independently reviewed services or products through a link on our website, WWD may receive an affiliate commission. Blame it on the millennial pink marketing or the sweeping success of products like Balm Dot Com — few beauty brands catapulted to near-household name like Glossier within the mid-2010s. Marisa Meltzer’s “Glossy: Ambition, Beauty, and the Inside Story of Emily Weiss’s Glossier” peels back the pastel curtain to uncover the minimalistic beauty brand’s meteoric success. And now, the Latest York Times bestseller is slated for an upcoming series, as Amazon MGM Studios has reportedly acquired the rights to the book. Director and screenwriter Lindsey Anderson Beer, who’s notable projects include writing and directing “Pet Sematary:...
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6 Oct

SuperOrdinary Raises $58 Million in a Series B Round

Beauty distributor and most recently brand incubator SuperOrdinary has raised $58 million in a Series B fundraising round, bringing the corporate’s valuation to greater than $800 million.  The corporate, which makes a speciality of distribution in China in addition to on Amazon and TikTok, attracted investors including Manzanita, Alliance Consumer Growth and Demira GateUpper90 to the round, while founder and chief executive officer Julian Reis also participated.  In 2021, it received a minority investment from Alliance Consumer Growth and existing investor, the Puig family. The proceeds from this round will help bolster Amazon account management and brand protection and creator monetization via social commerce, based on Reis. Particularly, it'll proceed to rent more engineers and beef up its livestreaming capabilities because it sees many opportunities...
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20 Sep

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12 Sep

Personalized Beauty Brand Proven Raises $12 Million in Series

Customized beauty company Proven has raised a $12.2 million Series A from existing investors, with NewH2 Ventures acting as lead investor.  Proven, which already raised around $9 million in previous rounds, operates two brands: Proven Skincare, the AI-powered, personalized skincare brand launched in 2019, and Noteworthy, a personalised fragrance line that launched earlier this 12 months.  The corporate said it's on course to clock in greater than $35 million in revenue in 2023 and be profitable by the tip of the 12 months. Inside that, Noteworthy has already generated upward of $5 million in revenue since its launch earlier this 12 months.  “Since Proven launched in 2019, we have now built industry-leading technology that enables us to create personalized beauty products unlike anything ever available...
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