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More Big Beauty Companies Partner With Digital Tech To Guide Consumer Journey

 
• By Eileen Francis

Beiersdorf AG and dermanostic will connect German consumers with physicians for mobile app-based dermatological diagnoses and product recommendations. Meanwhile, Shiseido will be leveraging Revieve’s AI Makeup Advisor to “take control over the multi-touchpoint customer journey.”

digital partnership

Consumers’ mass migration online during the pandemic and the exploding telehealth opportunity have kicked the beauty industry’s investment in digital technologies and services into high gear.

Hamburg-based Beiersdorf AG announced on 11 January that through its venture capital unit, it is investing in Dusseldorf e-health scale-up...

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Interparfums Inks Fragrance License Deal With Parisian Fashion Brand Longchamp

 
• By Eileen Francis

New York-based Interparfums has signed a deal with Parisian firm Longchamp – known for its leather goods – for the creation and distribution of fragrance lines.

Beauty Deal Roundup: Ulta Acquires British Beauty Retailer SpaceNK, Unilever Picks Up Dr. Squatch

 
• By Eileen Francis

Illinois-based Ulta Beauty, Inc. acquires leading British beauty retailer SpaceNk from Manzanita Capital for an undisclosed price. Unilever PLC purchases Dr. Squatch personal care from Summit Partners.

Beauty Market Uncertainty Stalls Large M&A, But Middle-Market Deals Continue – Capstone

 
• By Eileen Francis

Middle-market beauty deals, which are defined as those with targets of $10m to $100m worth of enterprise value, are driving transaction momentum year-to-date that is in-line with levels during the same period last year, according to Capstone Partners’ Consumer Investment Banking Group.

Perrigo Implements Streamlining Plan With Sale Of Dermacosmetics

 
• By Tom Gallen

Perrigo stands to gain up to €327m with sale of brands such as ACO and Emolium to KKR.

More from Business

Henkel: ‘Subdued’ North American Consumer Sentiment, Destocking Hampered First Half Sales

 
• By Eileen Francis

Henkel’s Consumer Brands division in the first half of the year declined 6.8%, reflecting ‘subdued’ consumer sentiment and destocking, though the negative trend eased up in the second quarter.

E.l.f. Expects Sales To Double On International Growth, Rhode Acquisition

 
• By Eileen Francis

Oakland, Calif.-based e.l.f. Beauty, Inc. says it expects white space opportunities and the Hailey Bieber rhode lifestyle beauty acquisition to more than double its business in coming years.

NIVEA’s ‘Milestone’ Launch Brings ‘Breakthrough’ Anti-Aging Tech To Masses

 
• By Eileen Francis

Beiersdorf is launching NIVEA Epigenetics Rejuvenating Serum with Epicelline, the biggest launch in its history. The range will debut first in Europe, reaching 30 countries by the end of 2025.