Report: Erin & Sara Foster Launch Oversubscribed Ventures

Apr 5th, 2023
Jacquelyn Mueller, associate editor, Global Cosmetic Industry
The sisters are teaming up with Phil Schwarz, a partner at Corazon Capital.
The sisters are teaming up with Phil Schwarz, a partner at Corazon Capital.

Erin Foster and Sara Foster have launched Oversubscribed Ventures, where they will invest in early-stage consumer technology and all of the tech to support those brands, according to TechCrunch.

The sisters are teaming up with Phil Schwarz, a partner at Corazon Capital. 

The venture capital firm has made investments in six companies, including skin care startup, 10Beauty. 

More in News
On an analyst call, Kenvue's CEO noted, 'In skin health and beauty, organic sales declined 4.8% amidst a decelerating category backdrop, largely due to three reasons: the impact from destocking in China, the soft sun season in Latin America, and our planned strategic price investment in the U.S. along with a loss of rotations in the club channel this quarter.'
Following Soft Q1, Kenvue Focuses on Returning Skin Health and Beauty to Growth in 2025
“In Q1, our teams executed our plans while continuing to navigate an evolving macro and consumer environment,” said Thibaut Mongon, CEO.
May 9th, 2025
In February 2025, Olaplex announced a significant pivot toward total hair health. The flagship product of this new direction? The No.0.5 Scalp Longevity Treatment, a scalp serum that, combined with the brand's No.3 Hair Perfector, can provide 'lasting hair health from root to tip.'
Olaplex Unveils Mixed Q1 Results Amid Strategic Pivot Toward Total Hair Health
Specialty retail, which comprises the brand's largest channel, increased 12.0% in the first quarter to $38.6 million, while professional decreased 10.9% to $34.5 million and direct-to-consumer decreased 7.2% to $23.9 million.
May 9th, 2025
DavosLife E3 Tocotrienols: Nature’s Shield against Modern Pollution
Sponsored
DavosLife E3 Tocotrienols: Nature’s Shield against Modern Pollution
Looking for a natural bioactive to use for anti-blue light and anti-pollution formulations? DavosLife E3 Tocotrienols are scientifically proven to boost skin’s resilience against modern pollution. Discover this safe, effective and gentle solution.
Mar 24th, 2025
Viguier-Hovasse, an engineer by training, joined L’Oréal in 1997 and has spent her career at the beauty giant, contributing to innovations such as the Elsève Glycolic Gloss and Panorama Mascara.
L’Oréal Charts Innovation Path Ahead with Appointment of Delphine Viguier-Hovasse as the First Chief Innovation and Prospective Officer
Viguier-Hovasse, an engineer by training, joined L’Oréal in 1997 and has spent her career at the beauty giant, contributing to innovations such as the Elsève Glycolic Gloss and Panorama Mascara.
May 8th, 2025
Wonderskin's TikTok's viral peel-off Wonder Blading Lip Stain Masque is a perfect example of the brand's approach to product and marketing, which has included crossover campaigns with Chipotle (pictured).
Wonderskin Secures $50M Series A Investment to Drive Innovation and Expansion
"Welcoming one of the most iconic firms in growth equity to join us on this journey speaks to the strength of our innovation, our team, and our vision," said Michael Malinsky, co-founder and CEO of Wonderskin.
May 7th, 2025
“I know what it's like to always be on, always moving, always showing up—and I wouldn’t have it any other way,' Hilton said. 'After two years of developing Parívie, I wanted to create something that empowers those moments we take for ourselves—whether it’s five minutes or a full routine. It’s about innovation that works, beauty that gives back, and helping you feel confident, radiant, and unapologetically you.”
Paris Hilton Launches Parívie: A Future-Forward Luxury Skin Care Line Powered by Innovation
Parívie comprises six products, each tailored to address the challenges of modern skin caused by environmental fatigue, screen time and relentless schedules.
May 7th, 2025
Coty is leaning into TikTok Shop, Amazon, fragrance and more as part of a fiscal 2026 turnaround strategy.
Amid Challenging Fiscal 2025, Coty Charts 2026 Turnaround with Innovation in Fragrances, Amazon and TikTok Sales
While the company expects a "healthier business improvement" in fiscal 2026, it has revised its guidance for fiscal 2025.
May 6th, 2025
Net Sales in America decreased 5%, reportedly driven by the mid-single-digit decline in North America. From a retail sales perspective, the Company’s North America business increased low single-digits.
Estée Lauder Reports 2025 Q3 Results: Navigating Challenges with Strategic Adjustments
Estée Lauder Companies reports a 10% decline in Q3 fiscal 2025 net sales, totaling $3.6B, amid economic challenges. Despite a drop in earnings, the company expanded its gross margin and saw growth in prestige beauty across key markets.
May 6th, 2025
BASF expands its EcoBalanced portfolio with renewable-based personal care products and transitions U.S. sites to 100% renewable energy, saving 33,000 tons of CO2 annually.
BASF Expands EcoBalanced Portfolio and Powers 6 U.S. Care Chemicals Sites with 100% Renewable Electricity
BASF expands its EcoBalanced portfolio with sustainable personal care products and transitions U.S. production sites to 100% renewable electricity, reportedly cutting 33,000 tons of CO2 annually.
Apr 30th, 2025
Alder Packaging partners with Simex to deliver sustainable, resilient packaging solutions for beauty brands, combining innovation and regional manufacturing expertise.
Alder Packaging Taps Colombian Manufacturer, Simex, to Lead Next Era of Sustainability and Supply Chain Strategies
Alder Packaging teams up with Simex to revolutionize beauty and personal care packaging with sustainable, tariff-smart solutions. Reduce emissions, shorten lead times, and stay agile in a shifting global supply chain.
Apr 30th, 2025
Sol de Janeiro is currently available in 35 countries.
Sol de Janeiro Announces Two Executive Hires
With these two hires, 71% of Sol de Janeiro’s C-suite is comprised of women.
Apr 25th, 2025