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Shiseido Americas is selling cosmetics brands, BareMinerals, Buxom, and Laura Mercier to AI Beauty Holdings Ltd, a newly-formed affiliate of private equity investment firm, Advent International. The terms of the deal were not disclosed. Upon completion of the…
South Korean cosmetics startup Memebox has raised US$60 million in a Series C extension round led by existing and new investors. Investors include Altos Ventures, Cota Capital, Cowboy Ventures, Formation Group, Funders Club, Goodwater Capital, Janet Gurwitch,…
Japanese cosmetics company Shiseido has agreed to buy US-based Gurwitch Products from Alticor. This move would add the Laura Mercier and ReVive brands as the 140-year-old cosmetics giant seeks growth overseas in the luxury anti-aging products market. Its…
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