The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The start-up, known for its customisable shampoo and hair treatment formulas, said it would use the cash to double down on product development, international expansion and manufacturing capabilities. Existing investors CircleUp and GGV also participated in the funding round.
Founded in 2015, Function of Beauty expanded into skin care and body care earlier this year, and currently has a team of 400 employees and a presence in 45 markets.
Long known for his music and fashion influence, the multi-hyphenate reflects on his expanding beauty business.
The line, which makes up more than half of the designer’s total business, is revving up its ambitions, with new retail partners and a new category launch: fragrance.
In New York City, leaders from Shiseido, Victoria Beckham Beauty, Aēsop and Glossier joined The Business of Beauty’s executive editor, Priya Rao, to hear her insights on the evolving opportunities in the sector.
Designer collaborations with beauty lines can offer shoppers status, but it’s unclear which party benefits more.