Headquartered in New York, Snow Phipps has overseen the deployment of over $1.7 billion of private equity capital and co-investments in 17 platform investments and over 25 add-on acquisitions since inception.
Galderma, the makers of Cetaphil, is unveiling a limited-edition product display in partnership with the Children's Skin Disease Foundation (CSDF) and Camp Wonder, an initiative of the CSDF at 1,500 CVS stores.
Popular beauty-box company Birchbox is suspending its plans to open physical stores as the retailer tells The Wall Street Journal that an increase in competition and a chill in venture capital has left it short on cash. (The Wall Street Journal)
Shiseido has entered into an agreement with Alitcor Inc. to acquire its wholly-owned subsidiary, Gurwitch Products. The Gurwitch portfolio includes the ReVive and Laura Mercier beauty brands. (Bloomberg)
Millennials are buying fewer beauty products online, according to a new survey from TABS Analytics. And the reasons for this behavior explain why spending habits are shifting and why retailers are changing to accommodate these shifts. (Racked)
Johnson & Johnson is looking to strengthen its position in hair care by agreeing to acquire Vogue International, a privately held personal care products company, for approximately $3.3 billion in cash.