Wonderskin Secures $50 Million Series A Round Wonderskin, the renowned UK and US makeup brand celebrated for its TikTok-viral lip stain, has recently made headlines by securing a substantial $50 million in a Series A funding round. The funding was led by the prominent VC firm Insight Partners, recognized for its successful investments in companies […]
How Maesa Creates and Scales Beauty Brands in a Saturated Market
How Maesa Disrupts the Beauty Industry by Creating and Scaling Brands In a world where the beauty industry is saturated with products and brands, standing out and capturing the attention of consumers is no easy feat. However, Maesa, a global incubator and operator for beauty and personal care brands, has managed to carve a niche […]
Allure to Shutter Print Edition
Allure to Shutter Print Edition Condé Nast’s iconic beauty publication, Allure, is bidding farewell to its print edition. In a recent announcement, editor-in-chief Jessica Cruel revealed that the December 2022 issue will mark the end of an era for the glossy magazine. This decision comes as a significant shift in the media landscape, reflecting the […]
Il Makiage Parent Raises Full-Year Outlook
Il Makiage Parent Raises Full-Year Outlook The parent company of the popular cosmetics brand Il Makiage, Oddity, has recently made waves in the business world by announcing an optimistic update to its full-year outlook. The company now anticipates that its revenue for the year will fall between $790 million and $798 million, a significant increase […]
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative Coty, the renowned American beauty conglomerate, has recently made headlines with its decision to implement a substantial cost-saving initiative. The company announced on Thursday that as part of this newly enhanced program, it will be slashing 700 jobs worldwide. This accounts for approximately 5 percent […]
How Nara Smith Chose Her First Beauty Campaign
Nara Smith: The Rising Star Behind Cetaphil’s Eczema Collection Campaign Nara Smith, a prominent model and TikTok influencer, has recently made headlines as the face of Cetaphil’s latest eczema collection campaign. This collaboration marks a significant milestone in Smith’s career and underscores Cetaphil’s strategic move to target a younger demographic. Smith’s journey to landing her […]
US Salon Trends Indicate Looming Recession
US Salon Trends Indicate Looming Recession The beauty industry has long been considered recession-proof, with consumers willing to invest in looking and feeling good even during tough economic times. However, recent reports from hairdressers and aestheticians in the US suggest that this trend may be changing. According to a Bloomberg report, clients are now opting […]
The New Holy Trinity: Hailey, Selena, and (Surprise!) Ariana
The Rise of the New Holy Trinity: Hailey, Selena, and (Surprise!) Ariana In the world of celebrity beauty brands, the competition is fierce. With the likes of Rihanna’s Fenty Beauty and Kylie Jenner’s Kylie Cosmetics dominating the market, it takes something truly special to stand out. Enter the new holy trinity of beauty: Hailey Bieber, […]
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit?
Can Off-White Mogul Davide De Giglio Pull Off Another Big Exit? Davide De Giglio, the mastermind behind Off-White and a prominent figure in the fashion industry, is once again making headlines with his latest venture. Reports have surfaced indicating that the brand Rhode, backed by De Giglio and fronted by Hailey Bieber, is considering a […]
The Architect of Olaplex’s Turnaround
The Architect of Olaplex’s Turnaround In the fast-paced world of beauty and haircare, few brands have made as much of an impact as Olaplex. Known for its revolutionary hair repair treatments, Olaplex quickly rose to fame, becoming a favorite among beauty enthusiasts and professionals alike. However, like many success stories, Olaplex faced its own set […]