Business & Financial

5 Insights on alternative funding for beauty startups

5 Insights on alternative funding for beauty startups

By Deanna Utroske

ATHR Beauty, the brand Tiila Abbitt is leading to “disrupt the $500 billion beauty industry with clean and sustainable makeup that works,” is in the midst of a funding raise; but it’s not the usual sort.

© Getty Images \ (Motortion)

Amyris sells flavors and fragrance business to DSM

By Deanna Utroske

In a deal expected to close today, DSM is buying the synthetic biotechnology company’s flavor and fragrance intermediates business to augment its own aroma ingredients offerings and bring bio-based fragrance inputs to the cosmetics industry.

The cruelty-free Leaping Bunny certification covers all of Garnier's product portfolio, including shampoos, conditioners, soap bars and sunscreens (Image: L'Oréal/Garnier)

A ‘milestone’ moment: Garnier now Leaping Bunny certified globally

By Kacey Culliney

L’Oréal’s Garnier brand has received Cruelty Free International’s Leaping Bunny approval on its entire global portfolio after months of work with its vast supplier network – a move that proves exactly what is possible on a mass beauty scale, says the...

© Getty Images \ (Aleksandr_Kravtsov)

Yooma acquires CBD skin care brand Blossom

By Deanna Utroske

The Toronto, Canada – based wellness company announced plans to purchase 4 brands from EMMAC Life Sciences Group in exchange for shares of Yooma, equivalent to $8.1m US dollars.

photo courtesy of the brand

Style Update: Marc Anthony hair care gets a new look

By Deanna Utroske

In recent weeks, the 25-year-old hair brand announced new brand positioning, an updated brand name, and new packaging as well as a Strategic Review Process, which could lead to the sale of company assets.

Canada-headquartered Deciem has seven functional skin care brands, including The Ordinary which has a range of simple but functional face care blends (Image: Getty Images)

Masstige move? Estée Lauder to acquire Deciem in two-part deal

By Kacey Culliney

Prestige beauty major The Estée Lauder Companies will up its investment in mass functional beauty player Deciem, establishing terms for full ownership in three years – a move that will diversify it into the increasingly important masstige market, an expert...

photo courtesy of Univar Solutions

James B Holcomb moves to Univar Solutions

By Deanna Utroske

At the start of year, the chemical distribution executive joined Univar to lead the company’s ingredient distribution business in North America.

© Getty Images \ (gustavofrazao)

Personal care contract manufacturer SV Labs acquired by SFEP

By Deanna Utroske

Smith & Vandiver Corporation has been manufacturing beauty and personal care products for multinationals, store brands, and startups since the 1970s. Now, the California – based company is part of the San Francisco Equity Partners investment portfolio.

“architectural renderings of anticipated construction in Dammam 3rd Industrial City” courtesy of Colonial Chemical

Construction begins on Colonial Chemical M.E. Arabia

By Deanna Utroske

Today, the Tennessee-based specialty surfactants company announced that work has begun on a new manufacturing facility that will make the most of regional localization efforts in and beyond Saudi Arabia.

© Getty Images \ (Artystarty)

Lunata Beauty closes $3 million Series A funding round

By Deanna Utroske

The cordless-hair-tool startup, founded by Stacey Boguslavskaya and Monica Abramov in 2017, plans to use the capital to develop new tech, expand internationally, and double the size of the Lunata team.

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