Deal Flow
A Behind-The-Scenes Look At Sundaily’s Sale To Grove Collaborative
In December, an unsolicited retailer asked Sundaily if it would consider being acquired. Chris Tolles, co-founder of the then less than 2-year-old ingestible beauty brand, hadn’t planned to pursue a deal so soon, but the inbound inquiry...
Beauty Brand Investors Reveal Key Valuation Considerations
What compels seasoned investors to write a $1 million check, a life-changing amount for most indie beauty entrepreneurs, for one brand versus another? Last week’s Beauty Independent In Conversation webinar on venture capital dug into that question. To...
Men’s Makeup Brand War Paint Secures More Than $1M To Propel Expansion
War Paint is on a path to major expansion. Armed with an investment of 1 million pounds or $1.27 million, the London-based men’s makeup brand has set its sights on spreading beyond the United Kingdom to become...
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,”...
