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18 Oct

MedSpa Marketplace Upkeep Completes Pre-seed Funding Round – WWD

MedSpa Marketplace Upkeep Completes Pre-seed Funding Round – WWD
Upkeep, an app that enables users to search out, book, and pay for MedSpa treatments comparable to facials, botox, filler and laser hair removal, has secured $2 million in seed funding. The round was co-led by The Anthemis Female Innovators Lab Fund and 1517 Fund, which were early Loom and Figma backers, together with angel investors including Coco Meers. Of its investment, Katie Palencsar, managing director and global head of enterprise studio at Anthemis, said: “The cosmetic health care category is growing exponentially, as stigmas around these treatments are broken down and younger generations develop into increasingly transparent about all elements of their wellness routines. Upkeep is digitizing the category as a complete to supply the access and convenience these users expect,...
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16 Oct

Pat McGrath Labs Goes Big in Britain, Opening at

Pat McGrath Labs Goes Big in Britain, Opening at
Pat McGrath Labs is preparing to take the U.K., and judging from the enthusiastic response during a recent Claridge’s event, the nationwide rollout is long overdue. Dame Pat McGrath held beauty writers in her thrall as she presented the spring 2023 season’s runway looks, upcoming trends and a choice of her brand’s products. She also talked about wearing face tapes; argued that her Divine Skin: Rose 001 The Essence was adequate to drink; and, at one point, picking up an eyeliner, said: “You may all do that kohl look — I don’t want any excuses.” Through the event, McGrath’s pal Guido Palau swung by to say hello – a move that elicited a fast round of applause from the audience — while Nicolas...
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16 Oct

Givaudan and Tmall Launch AI-Powered Fragrance Co-creation Service –

Givaudan and Tmall Launch AI-Powered Fragrance Co-creation Service –
PARIS — Givaudan said it has launched the primary artificial intelligence-powered fragrance co-creation service with Tmall, Alibaba’s business-to-business consumer platform, in China. The businesses revealed in early June 2021 that they'd partnered on what was dubbed T-Lab, meant to shorten end-to-end fragrance development to 4 weeks, compared with the normal 40 weeks, consistent with the fast-paced digital opportunities in China. In China, where fragrance remained unpopular for a few years after the Cultural Revolution within the ’60s, there was a big resurgence of interest in perfume. In accordance with Statista, fragrance sales in China are expected to achieve $1.27 billion this yr, and between 2022 and 2026, the category’s compound annual growth rate is forecast to be 7.27 percent. Givaudan said in a release...
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15 Oct

Sustainability, Safety Top of Mind at PCPC Conference –

Sustainability, Safety Top of Mind at PCPC Conference –
Science-based beauty was the excitement on the recently held Personal Care Products Council’s first Leadership Summit held on the Renaissance Hotel in Washington, D.C., from Sept. 28 to 29. Consumers not merely accept terms corresponding to natural, clean or sustainable — they're digging into research to make educated decisions. “They need to know the science behind the products,” said Keech Combe Shetty, PCPC’s board of directors’ chair and Combe Inc. executive chair.  “Our products literally touch the lives of nearly every American household on daily basis, and our constant pursuit of healthy people and a healthy planet is each good business and good stewardship,” Shetty said. PCPC president and chief executive officer Lezlee Westine added, “Strengthening trust is an ethos for our entire...
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