Everden Skin Care Closes Series C Funding Round

Evereden, the premium skin care brand founded by dermatologists from Stanford University and Harvard University, has raised $32 million in Series C funding. Resources will be used to scale expansion into new markets and sales channels and strengthen in-house research and development.

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L'Occitane Acquires Elemis for $900 Million

Reinold Geiger, Chairman and Chief Executive Officer of L’Occitane, said the acquisition is an important step forward in building a leading portfolio of premium beauty brands.

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Derek Lam Beauty License Acquired

The Premiere Group, a wholly-owned subsidiary of the Perfume Center of America Inc., has acquired the Derek Lam Beauty license, in a multi-year partnership that will see the creation of a premium line and expansion under the 10 Crosby Street Collection.

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Estée Lauder Posts 8% Q1 Sales Gains

Top growth drivers were skin care globally, the Asia/Pacific region and emerging markets, the global online and travel retail channels, and most brands, including Estée Lauder, M•A•C, La Mer, Tom Ford and Origins.

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