The skin-care education program will form the cornerstone of the No7 Beauty Company Creator Collective, an invite-only community created for up-and-coming social creators.
Much like SPACs, IPOs and private equity buyouts, majority-stake acquisitions serve as one of many exit approaches for founders and owners. Majority-owned stakes specifically serve to mitigate risks while also affording conglomerates the chance to get a foot in the door earlier in a brand’s lifecycle.
Whether it was brick-and-mortar stores, travel retail, or e-commerce, multiple companies reported sales and foot traffic increases. Sally Beauty Holdings was the first to report its earnings, followed by E.l.f. Beauty Inc. and The Estée Lauder Companies.
Chuter explained to Glossy that her open letter is not a request for censorship, nor to push dictionaries to be progressive beyond their mandate to record how the English language is used. Instead, she would like a review and subsequent updates to definitions of "black" to elevate it out of...
Since March 2017, Vlahos has been at the helm of The Honest Co., which first launched in 2012 by actress and entrepreneur Jessica Alba. The Honest Co. products are sold online and in 32,000 retail locations, including Walgreens, Amazon and Nordstrom, and Boots in the U.K.
Spoiled Child’s parent company, Oddity, recently secured a $130 million secondary-market private round at a valuation of $1.5 billion. At the time, Oran Holtzman, CEO and co-founder of Oddity, said Oddity plans to launch a new brand every 18 months.
So far in 2022, the investment space for beauty has been on fire.
The $7 million raised is smaller than the typical $30 million or more often seen in today’s investing climate. Elizabeth Ashmun, president of Moon Juice, said this was deliberate as the company has been slow-and-steady in its growth. The company will direct the investment toward marketing, hiring and e-commerce to...
Having strong, healthy and “expensive” hair is all the rage in 2022, and bond-building hair-care brands are especially well poised to seize on the trend.