THE WHAT? Matiere Premiere has closed a second funding round, with Kering Beaute named among the investors. The niche French fragrance brand did not disclose financial terms of the deal but Kering is said to have taken a minority stake in the company.
THE DETAILS According to a report published by WWD, the two companies’ values and long-term vision align. The new pot will be used to expand Matiere’s bricks and mortar presence, including the opening of the brand’s first standalone store in Paris later this year.
THE WHY? Caius von Knorring, CEO of Matiere Premiere told WWD, “We are entering a new phase of our development. Matiere Premiere has been growing extremely fast.” The brand is aiming to open 20 boutiques with locations in London, Germany, the US, Middle East and China.
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.
