Business & Financial

photo courtesy of Herbivore

$15 million in funding for Herbivore means more cooks in the kitchen

By Deanna Utroske

Thanks to this month’s deal with Silas Capital and Stage 1 Fund, the skin care brand that Julia Wills and Alex Kummerow started in their Seattle, Washington, kitchen eight years ago is about to grow exponentially. And the day-to-day operations of the...

Why is Lubrizol pursuing indie brands?  a Cosmetics Design interview with Brandon Ford, Chief Accelerator Director at Lubrizol

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Why is Lubrizol pursuing indie brands?

By Deanna Utroske

The global cosmetics and personal care ingredient supplier hired a chief accelerator director in 2017, invested in One Ocean Beauty in 2018, and this week the company is exhibiting at Uplink Live in New York City. At this year’s BeautyX Capital Summit,...

photo courtesy of Cytena

Beauty Tech Deal: Cellink to acquire Cytena

By Deanna Utroske

This month, multinational bioprinting technologies company Cellink announced having reached a deal to acquire Cytena for €30.25 million. The Freiburg, Germany – based venture specialises in single-cell printing technology. And the deal will expand Cellink’s...

photo courtesy of IBMG

BeautyX Capital Summit opens Monday in New York City

By Deanna Utroske

The once-a-year knowledge sharing summit is all about capital raising, funding strategies, and the financial realities of launching and running an independent beauty brand. And the 2019 edition of BeautyX Capital promises to be a must-attend event for...

photo courtesy of MAV Beauty Brands

Cake Beauty launches in the UK

By Deanna Utroske

This month’s Q2 financial report from MAV Beauty Brands holds out Cake as an exemplar of the global growth potential the company sees for its core hair care business and related cosmetics / personal care brands. With its recent launch in the UK, Cake...

Cutitronics readies for 2020 product launch

Cutitronics readies for 2020 product launch

By Deanna Utroske

The Scotland-based med-tech company debuted its first beauty device to an industry audience at this year’s in-cosmetics global event in Paris. And looking ahead to 2020 when Cutitronics will see its white-label platform and devices hit the consumer market,...

©Getty Images \ (LeoWolfert)

Personal care manufacturer KDC/ONE makes second acquisition this month

By Deanna Utroske

The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.

Sara Moss, Vice Chairman of The Estée Lauder Companies (©Hollenshead via NYU Photo Bureau)

The Estée Lauder Companies creates a new role for Sara Moss

By Deanna Utroske

This month, Moss became the beauty company’s vice chairman, a post that sees her advising executive management, collaborating with senior staff to advance women’s leadership, and coordinating communication between the board of directors and the Lauder...

© Getty Images \ (Matthew de Lange)

Unilever advances zero-deforestation initiative

By Deanna Utroske

This week, Unilever published lists of its paper and board product suppliers as well as of its soy suppliers. The beauty maker believes that this sort of transparency will compel partner companies along the supply chain to be accountable for practices...

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