BeautyMatter

Luxury beauty consumers are evolving, and brands need to keep up. Mintel’s report identifies four unique personas shaping today’s market: 1?? Being Rich: Redefining Wealth Visibility in the Digital Age 2?? Playing Rich: Embracing Dupe Culture and Accessible Luxury 3?? Living Rich: Debt-Driven Consumption Amid Economic Uncertainty 4?? Planning Rich: Prioritizing Financial Literacy and Long-Term Investment Each group reflects different approaches to luxury spending, from strategic “dupes” to splurges on premium experiences. Elvis O. KAWEDO dives into the report on how to appeal to today’s luxury beauty shoppers: https://lnkd.in/djBx7__x #beautyindustry #luxurybeauty #consumerinsights #trends2024 #consumerpersonas

Apothékary? secured an $8 million pre-Series A round, including a strategic investment from Japanese beauty giant Shiseido and wholesale distribution in Ulta Beauty. https://lnkd.in/dSDJPPnz #beautyindustry #dealflow #seriesA #beautyretail #venturefund #investmentbanking

Here's what caught our editorial team's radar this week. ? RETAIL: VIOLET GREY x Hirshleifers, GOLF le FLEUR* x Selfridges, ciele cosmetics x SEPHORA, barrière x Walgreens, Earl of East, Apothékary? x Ulta Beauty, maude x Erewhon, Nordstrom x DESIGNME HAIR, CHANEL ? BRAND: THE OVA CO, Replenza Labs, Paris Hilton Pet Grooming, 11:11 Beauty, Khloe Kardashian Fragrances, Lelubé ? CATEGORIES + COLLECTIONS: WeWoreWhat LLC x PARLUX LTD., KAYALI, Delavie Sciences ? COLLABORATIONS + LIMITED EDITIONS: SIDIA x Don Angie x San Sabino, Convié x Nellie Eden ? PRODUCTS: Typology, Julie Products Inc., Lemme Sophie Pitt dives into week 47: https://lnkd.in/dDEGbccx #beautyindustry #brands #productlaunch #beautyretail #trends2024

On the heels of being recognized as one of TIME's Best Inventions and winning a?BeautyMatter NEXT Award,?LUUM closed a Series A funding round, raising the total capital to $30 million. https://lnkd.in/dF2Qkxgy #beautyindustry #dealflow #seriesA #venturecapital #investmentbanking

IRIS Ventures led a seed funding round for Superlativa, a plant-based drug- and hormone-free supplement for stress, anxiety, and hormonal imbalances. https://lnkd.in/e7A_3wjk #beautyindustry #dealflow #venturecapital #seedfunding #privateequity

For brands, investing in practical science and customer-focused trials is the key to making a real impact. Robbie Salter, Co-Founder of Jupiter, shared key insights during the Next Gen Beauty Panel at the 2024 NEXT Summit. “There’s science for science’s sake, and then there’s science that works. At the end of the day, every customer’s skin is different, and it has to work for them. Great science means nothing if it doesn’t deliver results.” Read the insights from Robbie's panel where he sat alongside Ann Marie Simpson - Einziger of Mother Science, Allie Egan of Veracity, and Alec Batis of Sweet Chemistry Skincare:?https://lnkd.in/d4s-_xFy #beautyindustry #biotech #science #innovation #productefficacy?

Helen of Troy doubles down on beauty with the acquisition of?BeautyMatter FUTURE50?omnichannel nail care brand Olive & June in a deal worth $240 million. https://lnkd.in/ecwCyfYh #beautyindustry #dealflow #mergersandacquisitions #finance

Crown Affair , the modern haircare brand, closed a $9 million Series B funding round, led by True Beauty Ventures. https://lnkd.in/e5F5Fw4X #beautyindustry #dealflow #seriesB #venturecapital #privateequity

dsm-firmenich is selling shares in Robertet Group to Fonds Stratégique de Participations (FSP) and Peugeot Invest. https://lnkd.in/eSvr3iXQ #beautyindustry #dealflow #investmentbanking #capital #investors #finance

The beauty landscape is undergoing a transformative evolution. From citizen scientists to veteran cosmetic chemists, a new crop of founders is raising the bar on how start-ups play the beauty game. Here are the five key takeaways from BeautyMatter’s NEXT panel discussion on next-gen beauty, featuring Alec Batis, Co-Founder + CEO of Sweet Chemistry Skincare, Allie Egan, Founder + CEO of Veracity, Ann Marie Simpson - Einziger, Co-Founder of Mother Science, Robbie Salter, Co-Founder of Jupiter. 1?? Consumers now demand transparency and scientific proof. Brands with in-house labs or R&D facilities can build trust by showcasing the science behind their products. 2?? Science-driven beauty brands face longer timelines and higher costs but gain credibility, ensure effectiveness, and stand out through dedicated R&D. 3?? Consumers value data-backed results and inclusive testing. Beauty brands now prioritize diverse skin types and tones, making data and inclusivity central to science-based beauty. 4?? Patented ingredients and technologies give brands a market edge, enabling exclusive storytelling, protecting innovation, and boosting valuation for future exits. 5?? The journey from research to market is slow but essential for creating effective products. Curiosity, flexibility, and persistence are key to driving true beauty innovation. Dive into the insights from this panel: https://lnkd.in/d4s-_xFy ?? Cristina Montemayor #beautyindustry #innovation #science #technology