Peninsula Takes Stake in Veralab Parent, Reforme

Jan 9th, 2024

Veralab, founded in 2016 by Cristina Fogazzi reportedly had 2023 revenues of more than 70 million euros, a 20% gain year-over-year.

Veralab, founded in 2016 by Cristina Fogazzi reportedly had 2023 revenues of more than 70 million euros, a 20% gain year-over-year.

Veralab Facebook

Peninsula has taken a 30% stake in Reforme, parent of skin care brand Veralab, according to Italian media reports.

Veralab, founded in 2016 by Cristina Fogazzi reportedly had 2023 revenues of more than 70 million euros, a 20% gain year-over-year.

The investment is intended to expand the brand internationally.

Beauty Accelerate 2025: Future-proofing Beauty [FIRST LOOK]

Returning to the East Coast, 2025's edition will highlight the technologies, trends and strategies propelling the most innovative brands.

Why Selfmade is Going into 'Rest Mode'

The psychodermatology brand is taking a cue from Simone Biles and conserving energy and mental space for what's next for the business.

'I'm so excited to finally make it official with Cetaphil as the face of their new line!' says the influencer.

Cetaphil x Katie Fang: Gen Z & Gen Alpha Join the Dermocosmetic Movement

By tapping Katie Fang for the exfoliating range launch, Cetaphil is making an overt play for Gen Alpha and Gen Z shoppers; Fang is undoubtedly a favorite influencer for both demographics.

ICONS|America IML Tubes Deliver Eco Edge & Unlimited Deco Capabilities

ICONS|America IML Tubes Deliver Eco Edge & Unlimited Deco Capabilities

ICONS|America in-mold label (IML) tubes allow unlimited graphics, from shoulder to crimp, creating a panoramic canvas that transforms your tube into a work of art. Sustainable: on-shore USA manufacturing, recyclable, mono PP, available with PCR.

The packaging features a luxurious pottery finish with gold connections that evoke the gold silk sericin.

SK-II's LXP Craftsmanship Series Superpowers its Pitera Tech for Rejuvenated Skin

The highly concentrated Pitera is developed via a condensing process that is said to involve no direct application of heat to preserve the material's key benefits.

By reactivating youth genes that have been 'silenced' during the aging process and exposure to stress, UV and other lifestyle factors, Epicelline imparts a strong anti-aging response by reversing DNA methyllation.

Beiersdorf Hacks the Skin Age Clock with Epicelline-powered Eucerin Hyaluron-Filler Epigenetic Serum

By reactivating youth genes that have been "silenced" during the aging process and exposure to stress, UV and other lifestyle factors, Epicelline imparts a strong anti-aging response via a reversal of DNA methylation.

'We decided to move beyond DTC to expand our reach, allowing us to integrate our core values of high-performance formulas, beautiful fragrances and environmental responsibility into a physical retail environment,' says Cynthia Sakai, Evolvetogether's founder and CEO.

Behind Evolvetogether's Bluemercury & Amazon Expansions

In June, Evolvetogether announced it was debuting on Amazon, its first mass distribution channel.

By supporting the scalp barrier, the Daily Hydro serum protects against environmental aggressors, oxidative stress and moisture loss to ultimately boost hair longevity.

Act+Acre's Daily Hydro Serum Promotes Hair Longevity by Protecting the Scalp Barrier

"We created the Daily Hydro Scalp Serum to broaden the accessibility of scalp care to a wider audience because scalp issues are more common than we acknowledge," says founder and trichologist Helen Reavey.

Consumer beauty revenues grew 6% as reported, driven by color cosmetics, mass fragrances, and mass skin and body care. The sector's net revenue grew at a slower 4% rate in the second half of the year. Q4's 2% growth was driven by mass fragrance and skin care.

Coty 2024 Net Revenues Climb 10%, New Launches Teased

Consumer beauty revenues grew 6% as reported, driven by color cosmetics, mass fragrances, and mass skin and body care. The sector's net revenue grew at a slower 4% rate in the second half of the year.

Woman shopping for skin care in store.

2024 Beauty M&A is Accelerating & Shifting Upmarket in 2025

"Capstone expects more engagement from public players in the M&A market as firms turn to inorganic volume growth to help buoy share price performance," the firm explains.

Of the results, CEO Fabrizio Freda said, 'In fiscal 2024’s fourth quarter, we achieved our organic sales outlook and exceeded expectations for profitability, closing a difficult year. Organic sales and adjusted EPS returned to growth in the second half.'

The Estée Lauder Companies' Fabrizio Freda Sets Retirement Amid Fiscal 2024 Hit by China 'Softness'

For the full year, fragrance net sales grew 2% in fiscal 2024, while skin care was down 3%, makeup down 1% and hair care down 4% (led by declines in North American salon channels).