THE WHAT? Naomi Watts and L Catterton have partnered to acquire Stripes Beauty, a brand founded in 2022 to address menopause and healthy ageing.
THE DETAILS Stripes Beauty, which has grown through e-commerce and Amazon sales, will benefit from L Catterton’s investment to accelerate its growth both domestically and internationally. The partnership will support marketing efforts, team expansion, and the development of new products, including The Dream Date, a sleep support supplement. The brand will also expand its presence in DTC channels, Amazon, QVC, and Canada.
THE WHY? The acquisition aims to enhance Stripes Beauty’s position in the market by leveraging L Catterton’s resources to meet the increasing demand for menopause and healthy aging products. This strategic alliance will enable Stripes Beauty to scale its operations and better serve its existing and new customers under the leadership of Executive Chair Debra Perelman and President Cara Kamenev.
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
