Fashion and Beauty Investment Tracker
Charting the Future: Key Investments Shaping Fashion and Beauty
April 2026: Haircare Innovations and Skincare Evolution
April saw notable activities, including Reliance Retail's acquisition of Priyanka Chopra Jonas's haircare brand, Anomaly, aiming for expansion into India and global markets. Luxury skincare brand 111Skin received a minority investment from The Estée Lauder Companies, focusing on science-driven innovation. Additionally, Kering invested in ICCF (Icicle Carven China France) to bolster Icicle's international reach and new product categories. Unilever expanded its wellness portfolio by acquiring Grüns, a digitally-native superfood gummy brand, signaling a strategic move into premium health supplements.
March 2026: Tech Giants and Wearable Wellness Lead Funding Rounds
March was marked by record-breaking funding for OpenAI, securing £122 million at an $852 billion valuation, emphasizing its dominance in consumer AI. Wearable tech company Whoop raised $575 million in its Series G round, planning global expansion for its fitness trackers. Enkei, a circular material startup, secured €3 million in pre-seed funding for research and commercialization of its construction waste-derived material. Olaplex, a prominent haircare brand, was acquired by Henkel for $1.4 billion amidst legal and market challenges, while Salt & Stone, a premium body care brand, saw a majority stake acquisition by Advent.
March 2026: Sustainable Materials and AI Innovations
The month also highlighted Huel, a plant-based meal replacement brand, being acquired by Danone for €1 billion to expand its presence in the nutritionally complete food sector. Hello Klean, a water filtration brand, received a minority investment from Brita for product development. Saks Global secured an additional $300 million to ensure liquidity and support operations, and Quince, a direct-to-consumer fashion brand, closed a $500 million Series E round, achieving a $10.1 billion valuation to fuel global expansion. Forest Essentials was fully acquired by Estée Lauder Companies, reinforcing its position in the luxury ayurvedic beauty market. MA+Group, an artist management agency, joined The Independents group to expand its geographical reach and client network. Sleep tech company Eight Sleep completed a $50 million strategic round to advance AI model development, clinical trials, and global partnerships.
February 2026: Diverse Investments in Beauty, Fashion, and Tech
February brought a range of investments across various sectors. RAS Luxury Skincare, an Indian direct-to-consumer brand, raised $7.5 million in Series B funding for omnichannel expansion and R&D. Glo Skin Beauty, a clinical-grade skincare brand, was acquired by KYT Group to expand its market presence. Fred Segal, an iconic Californian fashion retailer, was acquired by Canadian womenswear brand Aritzia. Project Lobster, a Spanish eyewear brand, was acquired by Ace & Tate to strengthen its footprint in Spain. Caruso, an Italian menswear manufacturer, was sold by Lanvin to Mondevita. Sparxell, a plant-based colorant technology startup, raised $5 million in Pre-Series A funding to scale commercial manufacturing. Veradermics, a biopharmaceutical company, announced an initial public offering raising $256 million, and Colorescience, a mineral-based suncare brand, was acquired by Roundtable Healthcare Partners to capitalize on its market momentum.
January 2026: AI-Driven Platforms and Luxury Brand Acquisitions
January saw Lobby PR joining the newly formed CultureComm Group. Flock AI, a visual commerce platform, closed a $6 million Seed round to advance its AI-powered product imagery generation. Phia, an AI-driven shopping agent, raised $35 million in Series A funding to enhance its understanding of consumer intent and taste. Chinese sportswear giant Anta Sports acquired a 29% stake in Puma for approximately $1.8 billion, making it the largest shareholder. Statusphere, an AI software platform connecting brands with micro-influencers, raised $18 million in Series A funding. Ex Nihilo, a Parisian perfumery house, saw a significant minority acquisition by L Catterton. Jacobson Group, a British footwear company, was acquired by Marubeni Consumer Platform US. Finally, Huel, a nutritionally complete plant-based meal replacement brand, was acquired for €1 billion, reinforcing its position in the competitive supplements category.
December 2025: Strategic Shifts in Luxury and Consumer Goods
Coty sold its remaining 25.8% stake in haircare company Wella to KKR for $750 million. Kering initiated a staged acquisition of jewelry manufacturer Raselli Franco Group, starting with a 20% stake, to bolster its production capabilities in the luxury jewelry sector. Etro's founding family exited the business, selling their minority stake to Rams Global, Mathias Facchini, and SRI Group, with L Catterton remaining the majority shareholder. YSE Beauty, a skincare brand for women aged 35+, raised $15 million in Series A funding to support e-commerce and wholesale expansion with Sephora. Supercircle, a reverse logistics platform for textile recycling, secured $24 million in Series A funding to expand its AI-powered operating system and processing capabilities. L'Oréal Group doubled its stake in Galderma to 20%, reinforcing its interest in aesthetics. Tissa Fontaneda, a Spanish leather goods brand, received a minority investment for international expansion and digital development. Borland, a Chinese jewelry house, also received a minority stake from Kering Ventures, signifying Kering's focus on the Chinese luxury market. BDK Parfums, a French fragrance brand, secured a minority stake from LVMH Luxury Ventures to support its digital platform and international growth.
November 2025: Expanding Horizons in Health, Wellness, and Fashion
Huha, a women’s intimates brand, raised $20 million to fuel product innovation and market expansion. Perelel, a women’s supplement business, secured $27 million in a growth round to accelerate innovation and expand product offerings. Lan, a Chinese skincare brand, received a minority investment from L’Oréal Group’s Bold venture capital arm. Xinú, a Mexican luxury fragrance brand, secured a minority investment from The Estée Lauder Companies for global expansion. Woolrich's European operations were acquired by BasicNet Group for €40 million. Skims, Kim Kardashian's shapewear brand, completed a $225 million funding round, valuing the company at $5 billion, to support physical retail expansion and product innovation. Trip, a beverage and wellness brand, raised $40 million, valuing it at $300 million, to continue its growth in the wellness sector.
October 2025: Retail Transformations and AI-Powered Commerce
The Outnet, an off-price retailer, was acquired by The O Group LLC, becoming an independent business after being part of LuxExperience. Homecourt, Courteney Cox's homecare brand, raised $8 million in Series A funding for retail partnerships and international expansion. Whatnot, a social commerce platform, closed a $225 million Series F round, doubling its valuation to nearly $11.5 billion. ShopMy, an affiliate and influencer marketing platform, raised $70 million in Series B funding, valuing it at $1.5 billion, to expand creator commerce tools. Kering Beauté entered an agreement with L’Oréal Group to offload its beauty business for €4 billion. Oura, a Finnish smart ring maker, raised $900 million in Series E funding, valuing the company at around $11 billion. Unilever sold LA-based prestige skincare brand Kate Somerville to Rare Beauty Brands. BNTO, an AI-powered fashion retail platform, closed a $15 million Series A round to develop its AI styling agent, Maya. Willy Chavarria, a New York-based designer, received a minority investment from Chalhoub Group to amplify global retail presence. The Webster, a multi-brand retailer, was acquired by Frasers Group to scale its luxury propositions. Halfdays, an outdoor apparel brand, raised $10 million in Series A funding to grow its winter and skiwear lines. The Beauty Tech Group raised £106.5 million through an IPO on the London Stock Exchange. Vylit, a startup using AI for creator content monetization, secured $2.7 million in seed funding. Phia, an AI-driven shopping agent, raised an $8 million seed round. Osea Malibu, a prestige bodycare brand, received a minority investment from General Atlantic for market expansion. Nudestix, a Canadian makeup brand, was acquired by an undisclosed US-based private group. Byoma, a Gen Z favorite skincare brand, was acquired by Bansk Group.
August 2025: Major Acquisitions and Biotech Advancements
Sycamore Partners acquired Walgreen Boots Alliance for $10 billion, splitting British pharmacy Boots and US pharmacy Walgreens into separate entities. Paravel, a US-based luxury luggage brand, was acquired by British travel brand Antler, planning a relaunch in 2026. Debut, a biotech beauty company, raised $20 million to advance skin longevity innovation. Eight Sleep, a smart sleep tech company, secured $100 million in Series D funding to launch retail stores and expand into Asia. Purvala Bioscience, a biotech company developing health and beauty ingredients, was acquired by Olaplex, marking Olaplex's first acquisition. Guess, an LA fashion brand, entered a partnership with Authentic Brands Group, which acquired a 51% stake for $1.4 billion in cash. Hanesbrands, a US clothing company, was acquired by Gildan for $2.2 billion to increase the scale of their basic apparel business. Luxury jeweler Fabergé was sold to Russian tech investor Sergei Mosunov's SMG Capital for $50 million. OneSkin, a skincare brand known for its peptide-infused anti-aging products, received a $20 million Series A investment. Adanola, a women’s activewear brand, secured a minority investment, valuing it at $530 million, to support international expansion and retail presence. Dishoom, a UK-based restaurant group, received a minority investment from L Catterton for international expansion plans. Ermenegildo Zegna Group agreed to sell 14.1 million shares for $126.4 million to Temasek, increasing its stake to 10%.
July 2025: Growth in Luxury, Fragrance, and Sustainable Tech
Uni, a luxury bodycare brand, secured minority investment to expand internationally and enter the US market via Ulta Beauty. Phlur, a fragrance brand co-owned by Chriselle Lim, was acquired by TSG Consumer. Flexjet, a private jet company, received an $800 million investment from L Catterton for a 20% stake. Tapestry increased its equity stake in Gen Phoenix, a recycled leather fiber material manufacturer, through a $15 million investment round. Molli, a heritage knitwear brand, secured its first-ever funding round with a minority stake from LVMH Luxury Ventures. Space NK, a British beauty retailer, was acquired by Ulta Beauty, marking Ulta’s expansion into the UK market. Swatchbook, a cloud-based platform for material sourcing and digital visualization, was acquired by CLO, a 3D fashion design software company. Facegym, a facial fitness and skincare brand, received a minority investment from Reliance Retail Ventures to expand into India and other global locations.
June 2025: Beauty Acquisitions and AI in Design
Color Wow, a cult haircare brand, was acquired by L’Oréal Group to join its professional products portfolio. Staud, an LA-based fashion brand, secured a minority investment from a consortium of multi-billion-dollar family offices. Dr Squatch, a men’s grooming brand, was acquired by Unilever. Dôen, a lifestyle brand, received Series A funding from Silas Capital. Alta, an AI personal styling and shopping app, raised $11 million in seed funding. Try Your Best (TYB), a digital rewards platform, raised $11 million in Series A funding. Healf, a UK-based online wellness retailer, received a minority investment from Iris Ventures. Lenti, an Italian eyewear manufacturer, was acquired by Kering Eyewear. Medik8, a British dermatological skincare brand, was majority acquired by L’Oréal. Prada Group acquired a 10% stake in Rino Mastrotto, an Italian leather supplier.
May 2025: Significant Shifts in Beauty and AI Tech
Rhode, Hailey Bieber’s skincare brand, was acquired by Elf Beauty for $1 billion. Jupiter, a scalpcare brand, secured a minority stake from True Beauty Ventures. Veminsyn, a Chinese biotech startup, raised $13.8 million in Series B funding. Sparxell received a €1.9 million grant from the European Innovation Council. Io, a tech hardware startup founded by Jony Ive, was acquired by OpenAI for $6.4 billion. Dockers, an American casual clothing brand, was acquired by Authentic Brands Group for $311 million. Foot Locker, a global footwear and sports apparel retailer, was acquired by Dick’s Sporting Goods for $2.4 billion. Touchland, a hygiene brand, was acquired by Church & Dwight for $700 million. Terminal 9, a Paris-based production company, was acquired by The Independents. Blank Beauty, a beauty-tech company, raised $6 million in Series A funding. Wonderskin, a beauty brand known for its peel-off lip stain, raised $50 million in Series A funding. VitroLabs, a laboratory-grown leather startup, was acquired by Faircraft. Skin Rocks, a skincare brand, raised Series A funding to invest in product innovation and expand internationally. Eeden, a German textile-to-textile recycling startup, raised €18 million in Series A funding. Kult, an Indian beauty-tech startup, secured $20 million in Series A funding. Skin Sapiens, a skincare brand for sensitive skin, was acquired by Beautypro. Reverse.supply, a German resale platform, was acquired by Trove. Versace was acquired by Prada Group for €1.25 billion. Lyst, a fashion shopping platform, was acquired by Japanese e-commerce platform Zozo for $154 million. Blng AI, which applies generative AI to jewelry design, raised $3 million in seed funding. True Classic, a direct-to-consumer menswear brand, received a minority investment from 1686 Partners. Fairly Made, an SaaS platform for supply chain tracing, raised €15 million in Series B funding. Markmi, which uses AI to optimize markdown strategies, secured €1.1 million in seed funding. Wild, a UK-based natural deodorant brand, was acquired by Unilever.
March 2025: Global Expansion and Diverse Sector Investments
Yepoda, a K-beauty brand, raised Series B funding to accelerate its Europe-wide rollout at Sephora and launch in the US. LYS Beauty, a Black-owned clean beauty brand, secured Series A funding from Encore Consumer Capital. Covision Media, an AI and 3D scanning technology company, raised €5 million in seed funding. Arcade, a generative AI marketplace, raised $25 million in Series A funding. Pickle, a US-based peer-to-peer fashion rental app, raised $12 million in Series A funding. Purple Style Labs, an Indian luxury fashion company, raised $40 million in Series E funding. Circ, a US-based textile-to-textile recycling startup, raised $25 million. Leo France, a Florence-based costume jewelry manufacturer, received a 20% stake from Chanel. Indē Wild, a skin and haircare brand, raised $5 million in seed extension funding. Epoch Biodesign, a UK startup using enzymes and AI to break down plastic waste, raised $18.3 million in Series A funding. The Things We Do, a beauty and cosmetics clinic, received a majority investment from Age/Well Aesthetics Partners.
February 2025: Experiential Luxury and Strategic Brand Growth
Together Group acquired Imerza and Visualisation One to enhance its visualization and digital twin technologies for luxury brands. Fara Homidi Beauty, a makeup brand, received a significant minority investment from Sandbridge Capital. Stuart Weitzman, a footwear brand, was acquired by Caleres for $105 million. Ahlem, a luxury eyewear brand, received a minority stake from 1686 Partners. Borntostandout, a niche Korean fragrance brand, secured Series A funding from Touch Capital and L’Oréal’s VC firm Bold. Kayali, a Dubai-based fragrance brand, was acquired by Mona Kattan and General Atlantic. Kurt Geiger, a British footwear and accessories brand, was acquired by Steve Madden for £289 million. Palm Angels, a streetwear brand, was acquired by Bluestar Alliance. Jacquemus, a modern independent fashion house, received a minority stake from L’Oréal Group. Amouage, an Omani fine perfumery brand, secured a minority investment from L’Oréal Group. Archive, a white-label resale platform, raised $30 million in Series B funding. AB Parfums was acquired by Give Back Beauty. Golden Goose, a luxury brand, saw Blue Pool Capital take a circa 12% stake. ShopMy, an influencer marketing platform, raised $77.5 million in Series B funding. 111Skin received a significant minority investment from Skky Partners. Minimalist, a premium skincare and haircare brand, had a 90.5% stake acquired by Hindustan Unilever. Vince, a US premium label, was acquired by P180. Pangaia, an athleisure brand, was acquired by Royal Group. Gloss Ventures, a brand incubator, raised $15 million in Series A funding. Urban Skin Rx, a skincare brand for melanin-rich skin, was acquired by American Exchange Group. Greenstitch, a climate data platform, raised $1.2 million in seed funding. Exuud, a fragrance technology company, received a minority investment from Estée Lauder Companies. Raspberry AI, which turns garment sketches into photorealistic renderings, raised $24 million in Series A funding. Ras, an Indian luxury beauty brand, raised $5 million in Series A funding. Whatnot, a social commerce platform, raised $265 million in Series E funding. Bonpoint, a premium childrenswear brand, was acquired by Youngor Group. True Religion, a denim brand, was acquired by Acon Investments. Christian Lacroix, a French fashion house, was acquired by Sociedad Textil Lonia. Kapital, a Japanese menswear brand, was acquired by L Catterton. Laura Ashley, a British lifestyle brand, was acquired by Marquee Brands.
December 2024: Consolidations and Expansions in Retail Technology
Neiman Marcus Group merged with Saks Global in a $2.7 billion acquisition. Wannaby, a virtual try-on solutions provider, was acquired by Perfect Corp. Gowoonsesang Cosmetics, the company behind Dr.G, was acquired by L’Oréal. Thirteen Lune, a beauty e-commerce platform, was acquired by SNR Capital. Voyado, a retail software platform, received a minority stake from H&M Group Ventures. Vera Wang, the iconic bridal and lifestyle brand, was acquired by WHP Global. Lucien Pagès Communication, a PR agency, was acquired by The Independents. Tangle Teezer, a popular hair detangling brush maker, was acquired by Bic for €200 million. About You, a German e-commerce company, was acquired by Zalando for €1.13 billion. Les Domaines de Fontenille, a French boutique hotel group, received a minority investment from LVMH. Pañpuri, a beauty brand, was acquired by Kosé. Truss, a London-based resale startup, raised $300,000 in pre-seed funding. Db, a Norwegian luggage brand, received a minority stake from LVMH Luxury Ventures. Brand Architekts Group, a beauty group, was acquired by Warpaint for £13.9 million. Violette_FR, a New York-based beauty brand, raised Series B funding. Ably, a Korean womenswear platform, raised $71 million from Alibaba Group. Earth Rhythm, an Indian clean beauty brand, was acquired by Nykaa. Afound, H&M Group’s digital fashion outlet, was acquired by Secret Sales. Represent, a men’s streetwear brand, received a minority stake from True. Faircraft, a lab-grown leather startup, raised €15.8 million in Series A funding. Clean Skin Club, a mass skincare brand, raised $32 million in Series X funding. Crown Affair, a prestige haircare brand, raised $9 million in Series B funding. Halo Beauty, a beauty supplements brand, was acquired by a private investor. OneSkin, a skincare brand, received a $7 million Series A investment. Fleek, a wholesale vintage clothing marketplace, raised £17 million across seed and Series A rounds. Our Legacy, a Stockholm-based menswear brand, received a minority stake from LVMH Luxury Ventures. Vuori, a Californian athleisure brand, raised $825 million in a secondary tender offer. Vinted, Europe's largest clothing resale marketplace, raised €340 million in a secondary share sale. Reome, a biotech-powered prestige skincare brand, raised $1.4 million in seed funding. With Nothing Underneath, a UK-based women’s shirt brand, raised $2.5 million in seed funding. Cult Mia, a luxury retail platform, raised $2 million in seed funding. Révive Skincare was acquired by S’Young Group.
