Aerosoles Owner American Exchange Group Acquires HatchCollective To Enter The Beauty Category

American Exchange Group, owner of footwear brands White Mountain and Aerosoles, has broken into the beauty category by acquiring brand incubator HatchCollective. Terms of the deal weren’t disclosed. New York-based American Exchange Group takes over

When Will Early-Stage Funding For Beauty And Wellness Brands Turn Around?

If you’re an early-stage brand looking for institutional funding now, you’re late to beauty’s venture capital party. These days, as Joanna Glasner, a columnist for Crunchbase, put it, “Beauty is a pretty unattractive area for startup investors.”...

WWP Beauty Sells Chinese Manufacturing Operations To AMPAC, Will Shutter Remaining Business

WWP Beauty has sold its Chinese manufacturing operations to packaging manufacturer AMPAC Ltd. and is closing the rest of its business. Going forward, AMPAC will be called WWP Beauty. Bain Capital Private...

Feelunique Co-Founders Raise $4.8M To Launch Teenage Beauty Brand Indu

Forthcoming teenage beauty brand Indu has raised $4.8 million from around 60 investors, including leading figures in the beauty and retail industries. Among the investors are Michael Casey, former CEO of Holland & Barrett, Sarah Miles, CEO...

Bread Beauty Supply Closes Oversubscribed Multimillion-Dollar Seed Round

Curly haircare brand Bread Beauty Supply has closed a multimillion-dollar seed funding round led by Fearless Fund. Bread founder Maeva Heim didn’t disclose the exact amount or the terms of the funding, but says the round was...

Fearless Fund’s Arian Simone On What She Looks For In A Brand And Introducing Debt-Based Financing

Venture capital firm Fearless Fund has nailed down four main criteria for investing in a brand. It has to have a compelling story behind it, strong team, traction in the market and quality products. Bread Beauty...