Ceremonia will use this funding to expand its presence in Sephora stores across the US and plans to open a flagship store in New York City this summer.
This marks ODDITY’s largest acquisition to date.
As early as 2021, L Catterton partners Michael Farello and Jonathan Owsley had personally invested $2.6 million in Dibs Beauty.
AromeManpo is the first skincare brand invested in by Cathay Capital Consumer Co-creation Fund and was discovered through joint exploration by Cathay Capital and L’Oreal. It is a high-quality domestic brand.
Vince stated that its net sales for the 2022 fiscal year increased by 10.8% YoY to $357.4 million.
The three companies have innovative methods for soil carbon capture, forest regeneration, and mangrove restoration and have the potential to have a profound positive impact on the environment and local communities.
With the acquisition of Celi, TISG has unlocked the opportunity to expand into non-industrial sectors such as high-end construction and luxury hotels. This move not only solidifies TISG’s position in the market but also presents new avenues for growth and profitability.
Samantha Thavasa has reported a net loss for seven consecutive fiscal years, as well as operating losses for four consecutive years, as of the fiscal year ending in February 2023.
According to the terms of the transaction, WHP Global will acquire the Bonobos brand for $50 million, while EXPR will acquire Bonobos’ operating assets for $25 million and assume related liabilities.
In 2015, Marcolini was appointed as the designated chocolate brand of the Belgian royal family, which brought it a lot of attention and made it one of the iconic brands of Belgium.