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L Catterton has been behind a wide array of investments and beauty industry deals.
John Demsey to Serve as Adviser at L Catterton
The firm has been behind a number of deals in the beauty industry, including Il Makiage, Dibs Beauty, Tula, Sugar Cosmetics, Junoco and more.
May 26th, 2023
We wish all of our readers a great holiday weekend.
Global Cosmetic Industry Observes Memorial Day
There will be no newsletter on Monday, May 29, 2023.
May 25th, 2023
Common Heir’s 2% Ceramide Barrier Boost will be available at Our Paradiso.
Our Paradiso Online Retailer Launches
The online retailer is dedicated to Latinx-centered beauty and wellness products.
May 25th, 2023
“Our outstanding results in fiscal 2023 underscore the power of the e.l.f. brand and the world class team at e.l.f. Beauty,” said Tarang Amin, e.l.f. Beauty's chairman and CEO. 'We grew net sales by 78% in Q4, marking our seventeenth consecutive quarter of net sales growth.'
e.l.f. Beauty's Fiscal 2023 Sales Jump 48%, Propelling Brand to #3 in Mass Color
The company's year-end fiscal 2023 cash and cash equivalents totaled $120.8 million, compared to $43.4 million at the close of fiscal 2022.
May 25th, 2023
Per Haut.AI, to tool effectively allows retailers to pivot from 'selling' to 'solving,' in-store and online.
Haut.AI, USP Solutions Partner for Personalized Phygital Skin AI Tool
The product combines clinical-level skin analysis with personalized recommendations in hopes of solving the problem of consumer compliance to ensure they continue routines to see results.
May 24th, 2023
Reese led LSU to a National Championship victory in the 2023 NCAA women's basketball March Madness tournament.
Mielle Names NCAA Athlete Angel Reese Brand Ambassador
Reese's partnership with the brand will include marketing, social media, events and a limited-edition product bundle.
May 24th, 2023
Participants have the chance to win exclusive prizes, such as complete hair makeovers, virtual consultations with Wella Professionals hair care specialists, and redeemable Wella Professionals vouchers.
Coveteur x Wella Professionals Debut 'The Wella Generator' Gamified Digital Sweepstakes
Launching on May 31, 2023, unlimited Wella ERC-1155 non-fungible tokens (NFTs) will be minted on the Ethereum blockchain over 14 days.
May 24th, 2023
Bain notes, 'CPGs raised prices 3.5 times more than insurgent brands in their categories.'
22 Beauty Brands Declared "Insurgents" by Bain & Co.
Interestingly, Bain points out that insurgent brands have raised prices far slower than their multinational counterparts, thereby narrowing the gap between their growth rates and those of these large competitors in 2022.
May 23rd, 2023
Palacios joins Virtue after a long and successful career in the consumer brands industry, including global leadership positions at Procter and Gamble, Coty, and most recently, Google.
Virtue Labs Names Jose Luis Palacios CEO
Virtue Labs also received a growth equity round of financing led by Combe, Inc., its majority shareholder.
May 23rd, 2023
Earlier this year, founder Ariana Grande reacquired r.e.m. beauty from Forma Brands for about $15 million.
r.e.m. beauty Receives Strategic Investment From Sandbridge Capital
This partnership represents an opportunity to optimize r.e.m. beauty's global potential through continued product innovation, talent acquisition and geographic expansion to support the brand's surging global demand.
May 23rd, 2023
The products will launch via e-commerce in the summer months.
Monat Expands into France
The brand originally launched in the United States in 2014 and followed with its European launch in 2018.
May 22nd, 2023
Vacation is targeting 'leisure destinations” such as The Standard, Kith, Ace Hotel, Palisociety, Mondrian, Fellow Barber, C.O. Bigelow and more.
Vacation's $6M Series A Funding Will Drive US Retail Reach & New Hiring
The brand will leverage the new funding to develop new products and expand its U.S. distribution, including all doors of Ulta Beauty, Nordstrom and Anthropologie. It is also adding retailers such as Bluemercury, CIBO and Aerie.
May 22nd, 2023
Laneige has also expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE, pictured), Saudi Arabia, Kuwait, Qatar and Bahrain.
Inside Amorepacific's Expansion in the US, UK and Middle East
Laneige has expanded into the Middle East via Sephora, particularly the United Arab Emirates (UAE), Saudi Arabia, Kuwait, Qatar and Bahrain.
May 19th, 2023
In the near term, the company expects Q2 net sales to decline low- to mid-single digits compared to $1.618 billion in the second quarter of 2022.
Bath & Body Works Q1 Fiscal 2023 Beats Expectations
Its operating income was $181 million compared to $280 million last year, and net income was $81 million compared to $155 million last year.
May 19th, 2023
Legge is a vegan who, like all drivers, endures hot, sweaty conditions in her line of work.
Indy 500 Driver Katherine Legge will Represent e.l.f. Skin at 2023 Race
As part of the brand partnership, the driver has created a vegan and cruelty-free routine with e.l.f. Skin products.
May 19th, 2023
Pecheux used the beauty brand icons and showed consumers how to create luminous skin with a hint of bronze, naturally–defined eyes and a peachy pop of color on the lips and cheeks.
YSL Beauté Launches Drop The Look Video Series
The first episode featured actress Yasmin Finney and the second episode features a fresh take on a couture summer glow starring model Lila Moss.
May 18th, 2023
The brand's full hair care line will be available in 12 locations.
Report: Olaplex Enters Travel Retail in UK With Dufry Partnership
The brand's full hair care line will be available in 12 locations.
May 18th, 2023
Retention Brands purchased the Birchbox assets in an open bid process.
Retention Brands Acquires Birchbox Assets From FemTec Health
As part of its strategic tightening around core healthcare businesses, FemTec Health engaged a national financial consulting firm to advise and explore possibilities for the sale of some of its non-core and underperforming assets.
May 18th, 2023
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