Investors
“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...
Six Black Woman-Owned Beauty Brands Poised for Acquisition
What’s your exit strategy? If you’re an entrepreneur raising capital, be prepared to answer this question. The exit can come in many forms. Perhaps you plan to hold onto your...
In Its First Acquisition, E.l.f. Beauty Picks Up W3ll People To Expand Into Clean Beauty
E.l.f. Beauty has extended into clean cosmetics with the acquisition—the company’s first—of W3ll People for $27 million in cash. With the deal, the mass makeup specialist is picking up a prominent name in a better-for-you segment that’s...
