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Section: Brands & Products > News

SuperOrdinary Series B Fundraise Drives Valuation to $800M+

SuperOrdinary recently reported 30% annual revenue growth, led by expansion in the U.S. market, growth of marketing and business capabilities in Asia, and the tripling of its engineering team.

Perfume and cosmetic highlights for the first nine months of the year included Christian Dior, particularly Miss Dior and J’adore, as well as Francis Kurkdjian’s L’Or de J’adore.

LVMH's 9-month 2023 Perfume & Cosmetic Sales Jump 12%

LVMH reported that Parfums Givenchy's results were driven by fragrance, while Benefit’s growth was driven by the new Fan Fest mascara and the ongoing popularity of Pore Care.

Sir John will have a dedicated page on kissusa.com.

KISS Products Names Sir John Lash Ambassador

Sir John will support the brand's portfolio of strip lashes and adhesives.

Kristen Dunning, founder of Gently Soap is the $100,000 grant winner.

The Startup Collective by Aveeno Announces 2023 Winners

Grant recipients will gain access to hands-on business guidance and mentorship from Aveeno leaders across various fields such as package design, marketing and accounting, per Aveeno.

As NFI integrates Bikini Zone into its product lineup, consumers will see continued availability of their favorite Bikini Zone products.

Owners of Blue-Emu Acquire Bikini Zone Brand

This acquisition will further enhance NFI's product portfolio, capitalizing on the synergies between Blue-Emu's established reputation and Bikini Zone's specialized skin care brand.

Nikita Charuza is the CEO and founder of Squigs Beauty.

Maesa Announces Winners of #MaesaMagicIncubator

The program offers three startups—that were either pre-launch or had less than $100,000 in sales to-date—an opportunity to partake in a 12-week intensive curriculum.

Marc Kravets will oversee the company’s strategic vision, financial stewardship and robust e-commerce expansion efforts.

Lancer Skincare Appoints Marc Kravets CEO

Kravets previously served in leadership roles at The Proactiv Company, Murad and Havas Edge.

The deal was reportedly worth 42.5 billion won ($32 million). Hince is said to have posted 2022 revenue of 21.8 billion won, or about $16.1 million.

LG H&H Takes Majority Stake in Hince Owner Vivawave

Half of the brand's sales come from outside Korea, primarily in Japan.

Clearstem Acne Lab Test analyzes blood samples for 80+ acne markers.

Clearstem Acne Lab Test to Uncover Consumers' Unique Causes of Acne

The brand announced its telehealth debut with the launch of its Clearstem Acne Lab Test, which assesses biomarkers in blood to identify consumers' unique root cause(s) of acne for personalized treatment.

Emollients' soothing and smoothing properties, which provide a protective barrier to the skin surface, are, in part, driving this demand.

Emollients Lead Personal Care Ingredients to $14.9 B by 2027

The global personal care ingredients market will expand at a CAGR of 4% from 2021-2027, with emollients taking the lead, per MarketsandMarkets.

According to Cécile Pinatel, of Sophim, the timing for this funding is right, as the market has shifted toward naturally derived solutions for squalane and this secures its supply for the industry.

Sophim Secures €20M to Double Production Including Plant-derived Squalane

The funding round will double the company's production capacity at two industrial sites — one in Peyruis, France, and the other in Almeria, Spain — to secure the supply of its ingredients for the industry.

From left: Rhona Jacquand and Ali Wenté have joined Nest.

Nest Plots International Expansion, Adds Financial/Operating and GM Execs

"I am pleased to welcome Rhona and Ali to Nest New York," said Edgar Huber, CEO of Nest New York.

The holiday fashion collection will debut November 1, 2023.

Olay Names Christian Siriano Chief Drop Officer

As the brand's first chief drop officer, Siriano will work with Olay on a holiday fashion collection tied to the brand's latest launch, Super Serum.

Le Visionnaire – Espace François Dalle has 21 rooms, all different and unique, across five floors.

L’Oréal Dedicates Le Visionnaire – Espace François Dalle as Collaborative Space for Employees

The headquarters structure at 14 Rue Royale in Paris was entirely reimagined by architect Alain Moatti.

International Regulatory Information Systems (IRI-Sys) and the Independent Beauty Association have launched IRI-Index, an international regulatory ingredient database for the beauty industry.

New International Ingredient Database Launches

"We are delighted to partner with the Independent Beauty Association in unveiling the International Regulatory Ingredient Encyclopedia (IRI-Index)," said Karen Yarussi, cofounder at IRI-Sys.

Frédéric Laffort has more than 25 years of experience in the luxury sector at Procter & Gamble, Elizabeth Arden and Safilo.

Elizabeth Arden Appoints Digital and Travel Retail Lead

Laffort, based in Geneva, will report to Charles Waters, president international.

The Atelier in Paris will open by the end of 2024.

The Estée Lauder Companies Announces Atelier in Paris for Prestige Fragrances

The Atelier will support the company’s existing fragrance capabilities to help drive breakthrough innovation, speed-to-market and artisanal quality at scale, leveraging synergies across the brand portfolio.

Herbar founders Catarina Oliveira and Rui Liu.

Interview: Herbar Founders Reflect on Brand Growth

Global Cosmetic Industry caught up with the brand founders to reflect on this past year and what is in store for the brand.

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