Glossy 50 2021: Kendra Bracken-Ferguson, co-founder of BeautyUnited and founder of BrainTrust This year, Kendra Bracken-Ferguson expanded her BrainTrust consultancy with the launch of Founders Studio, an accelerator for Black-owned beauty and wellness founders. So far, 29 Black business owners, including those behind Brown Girl Jane and Underfined Beauty, have signed on.
Galderma acquires clinical brand Alastin Skincare ahead of potential IPO Alastin Skincare was founded in 2015 and focuses on products that optimize aesthetic injectables and non-invasive skin procedures. It is distributed through 3,000 U.S. physician offices and direct-to-consumer e-commerce.
Glossy 50 2021: Lynda Berkowitz, CEO of ILIA Beauty Coming out of 2020, the makeup category continued to see challenges. But clean color cosmetics brand Ilia remained resilient and bucked the downturn, and CEO Lynda Berkowitz’s leadership was a key factor.
Lancer Skincare adds VR shop to e-commerce site to cement its clinical positioning Lancer Skincare products were first launched in 2011 by Dr. Harold Lancer, a practicing Beverly Hills dermatologist known for treating celebrity clientele.
Beauty & Wellness Briefing: Beauty collaborations are no longer a one-trick pony As Glossy Beauty Summit speakers and attendees shared their current strategies of focus, collaborations stood out as a major through-line.
Hyram Yarbro at the Glossy Summit: ‘Gen Zers are sponges for information’ Hyram Yarbro, alongside The Inkey List co-founders Mark Curry and Colette Laxton, spoke at the Glossy Beauty Summit in Palm Springs, Calif. about building the Gen Z brand, speaking to younger customers in a way that makes sense and testing the waters on livestream shopping.
Diptyque unveils new store concept ahead of holiday shopping surge The location found inspiration infusing classic Parisian and New York-style apartments. It features large-scale artworks, eclectic interior decor and furnishings, and a Parisian fireplace. All 90 global Diptyque stores will receive the same treatment on a rolling basis over the next few years, with aesthetic modifications based on their location.
VC Elizabeth Edwards: ‘DTC is a very dangerous space to be stuck in’ Elizabeth Edwards, is the founder and managing partner of H Venture Partners. H Venture Partners' investment portfolio includes CBD brand Prima and clean Gen-Z skin-care brand Kinship. It raised $10 million from 75 consumer and retail industry experts for its debut fund in July.
Earnings roundup: Olaplex reports first quarterly earnings, Hydrafacial CEO resigns Though the strong quarterly earnings from the beauty industry were expected, there were also a few surprises.