Beauty Industry Insiders Applaud Puig’s Purchase Of Charlotte Tilbury

With a spot of Magic Cream and a slew of famous fans, Charlotte Tilbury is bringing pizzazz to a classy, but staid roster of properties at Puig. The venerable family-owned Spanish fragrance and fashion company with Paco Rabanne,...

Equilibria, The CBD Startup Offering Dosing Guidance, Gets A Dose Of Nearly $2M In Funding

Equilibria, which aims to make CBD a regular part of women’s lives, has received $1.97 million to help it do so. The Chicago startup closed a seed funding round led by Salveo Capital and Hyde Park Angels...

“A V-Shaped Recovery Is Unlikely”: Investment Experts Discuss The State Of The Economy And Beauty Businesses

Nini Zhang, director of the luxury and beauty division at Credit Suisse, doesn’t expect the United States economy to rapidly return to full force. “A V-shaped recovery is unlikely due to unemployment numbers and the continued uncertainty,”...

Artisan Marketplace Novica Acquires Beauty Subscription Box Company Love Goodly

Novica is getting into the beauty business. The online marketplace that hunts around the world for goods crafted by skilled artisans has acquired a company in its Los Angeles area backyard: Love Goodly. Terms of the deal...

Under The Hood Of Waldencast, The Investment Firm Founded By Former L’Oréal Group President Michel Brousset

Waldencast wants to be a backer of brands that has brands’ backs. Started last year by Michel Brousset, former group president of L’Oréal’s North American consumer products division, the investment firm is carving out a principled position—sustainability,...

Rich Gersten On His New Firm True Beauty Capital And Finding Investment Opportunities In A Challenging Time

Last year was a record-breaking one for beauty investment. According to Capstone Headwaters, there were 148 personal care deals, up from 118 in 2018. Big-name targets such as Tatcha, Drunk Elephant and Elemis fetched...