Business & Financial

© Getty Images \ (Olivier Le Moal)

KDC/ONE acquires Benchmark Cosmetic Laboratories

By Deanna Utroske

The Canada-based beauty and personal care manufacturer announced the latest in a series of acquisitions this week. This time the company adds California-based prestige manufacturer Benchmark to its global network of product production facilities.

product photo courtesy of ZitSticka

Why is the food industry buying into beauty?

By Deanna Utroske

This month’s investment deal between food and beverage venture capital firm BFG and skin care startup ZitSticka raised some eyebrows. So, Cosmetics Design checked with BFG partner Ben Fenton and ZitSticka co-founder Daniel Kaplan to find out why their...

photo courtesy of Shiseido

Clean skin care startup Drunk Elephant sells to Shiseido for $845m

By Deanna Utroske

Shiseido set itself a 2020 sales goal of ¥1 trillion and surpassed that goal in 2017. The beauty maker’s new goal is to reach ¥1.2 trillion in sales by 2020 and to “be among the top three companies in the global prestige cosmetics market.” Shiseido’s...

Chemyunion eyes further expansion into Europe

Chemyunion eyes further expansion into Europe

By Simon Pitman

Chemyunion has taken huge strides in recent years, expanding its main facilities in Sao Paulo, while also setting up a US headquarters in New Jersey, but now it is looking to Europe.

photo via Cheekbone Beauty on Instagram

Cheekbone Beauty picks up $350k from Raven Indigenous Capital Partners

By Deanna Utroske

The Ontario, Canada – based color cosmetics brand announced a first funding deal with Raven Indigenous Capital Partners this week. The firm invests to support indigenous values and social enterprise. And while both the Cheekbone Beauty brand and the investment...

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