Vendis Capital has invested Skins Cosmetics to support the brand's growth.
Skins Cosmetics, headquartered in the Netherlands, is an omni-channel retailer and distributor of luxury niche fragrances, skin care, home and lifestyle products.
Skins offers a curated assortment of approximately 150 luxury niche brands. The company operates 20 stores in the Netherlands, Belgium and South-Africa, complemented by an online shop.
Continuous growth is driven by Skins’ like-for-like growth of the existing store footprint, successful store openings and an unrivalled brand positioning and omni-channel go-to market platform driving consumer spend and loyalty.
Philip Hillege, co-founder and current creative director of Skins, said, "We believe in the qualities Vendis Capital will add to Skins’ development, supported by their familiarity with the consumer (luxury) brands industry and their experience in successfully rolling out retail concepts. Vendis Capital brings a reputation of adding value in companies’ organizations, and we look forward to a successful partnership. The entry of Vendis into the capital of the company, also marks the departure of the five early-stage investors that have supported us in the previous phase. I want to express my gratitude to all of them."
Vendis Capital partner Vincent Braams, said, "Skins Cosmetics fits Vendis’ investment criteria very well; it presents a successful omni-channel retail brand offering a premium selection of niche luxury products through a strong go-to market platform, well positioned for further growth. We are excited about partnering up with Skins and are confident to grasp the available growth potential together.”