Beauty

New Shiseido venture fund will invest in innovative early-stage companies Japanese beauty giant Shiseido Company Limited has announced the launch of a venture fund for investing in innovative early-stage companies within the beauty/wellness space. Shiseido Called Shiseido Long Term Investments for the Future (LIFT) Ventures, the newly formed limited liability company, is intent on investing in “novel technologies, innovative platforms, high-growth brands, and new business models, among others”. The fund will “primarily focus on compelling innovation in the Western hemisphere, while maintaining a global lens”.That largely means North, Central and South America although a small part of Europe (including the...

Victoria Beckham Beauty branches into perfume The Victoria Beckham Beauty website currently features a photograph of the British celebrity sitting on a chair, wearing a blazer and black pumps with the enigmatic message: "Coming soon: A new collection from Victoria Beckham, launching September 29." The photo on the Victoria Beckham Beauty website, announcing the fragrance launch - DR According to our information, Victoria Beckham is about to take the plunge into perfume. This is the next logical step for Victoria Beckham Beauty, the beauty brand launched in October 2019 by the British designer. The brand already offers make-up and a...

Estée Lauder to open a fragrance development centre in Paris France and its expertise in the beauty industry continues to attract American cosmetics groups. While Coty has began trading on the Euronext Paris stock exchange, the Estée Lauder group has announced the creation of a fragrance innovation centre in Paris. The Estée Lauder group claims a 40% growth in the prestige fragrance segment from 2019. Editions de Parfums Frédéric Malle - Naho Kubota The new facility, called 'L'Atelier', will be based in Paris (the exact address has not yet been announced), and will be dedicated to innovation and craftsmanship. It...

Thailand's Davika Hoorne named new brand ambassador for Gucci, Gucci Beauty Gucci has appointed Thai actress Davika Hoorne as its latest brand ambassador for both its Gucci and Gucci Beauty brands.  Gucci Hoorne, a Thai star with both big movies and TV shows on her resume, confirmed the appointment at the luxury house via her personal Instagram account: "I'm truly honored and grateful for the opportunity to serve as a brand ambassador for Gucci and Gucci Beauty. I'll give my very best in this role. Thank you.loveeeee [sic]"The Italian brand's appointment of Hoorne, who boasts some 17 million followers on Instagram alone,...

Dr.Jart+ appoints K-pop group Enhypen as first-ever global ambassador Korean skincare brand Dr.Jart+ announced on Monday the appointment of K-pop band Enhypen as its first global ambassador.  Courtesy The Estee Lauder-owned skincare brand will debut its partnership with the boyband in a new campaign called 'Supercharged Repair, Cicapair',  which celebrates the new Dr.Jart+ Cicapair line, a skincare range that now includes a Cica Complex and additional ingredients, such as Allantoin and R-Protector."We are so excited to welcome Enhypen and their fans into the world of Dr.Jart+," said, Christopher K. Wood, global brand president, Dr.Jart+.  "Dr.Jart+ brings joy to its community through its high...