07.01.21
Miami, FL
www.luxurybrandpartners.com
Sales: $210 million (estimated)
Key personnel
Tev Finger, founder; Dan Langer, president of R+Co and chief marketing officer, Luxury Brand Partners; Nancy Bernardini, chief operating officer, Luxury Brand Partners
Major products
Skin care, hair care and makeup. Brands include R+Co, R+Co Bleu, IGK, V76 by Vaughn, In Common, Smith & Cult, One/Size and Elaluz
New products
One Size—Browkiki microbrow defining pencil and gels, Ultimate Blurring setting powder; Elaluz—Clean deodorant; R+C—Hair Heaven; Smith & Cult—Missed Vacations nail enamel
Comments: Luxury Brand Partners describes itself as “part brand incubator, part venture fund, part brand operator and totally unique in the beauty space.”
The company’s current portfolio includes R+Co, Smith & Cult, IGK, V76 by Vaughn and In Common. Previous LBP brands include Oribe Hair Care, Becca and Pulp Riot. LBP says its diverse collective of industry thought leaders and artists works closely with each brand to create innovative, high-performance products with carefully curated ingredients, packaging, fragrance and design. LBP has over 200 employees and its products are sold in 20 countries and across retail and professional beauty channels including salons, Sephora, Ulta Beauty, Net-a-Porter, Neiman Marcus, Kith, Space NK and Blue Mercury.
Last year, the LBP formed a strategic and financial partnership with Bookend Capital Partners, an investment fund helmed by Alexander Panos, formerly of TSG Consumer Partners. Panos will join LBP’s board of directors.The $50 million minority investment is part of LBP’s plan for exponential growth in the new decade, including several soon-to-be-announced cutting-edge brands in addition to continuing innovations in the beauty and retail sectors.
R+Co’s roster of hair care products now includes Sunset Blvd, billed as a luxe masque that corrects dull or yellow hues and prevents fading. Colorist and Master Educator Richy Kandasamy, who is part of the R+Co’s Collective, helped develop the formulation, which has naturally derived pigments specifically for blonde, gray and white hair. The deep purple color corrects dull, yellow hues and prevents fading, oxidation and brassiness, while imparting shine. In additon, it has a bright oriental scent with notes of juniper berries, blood orange, rhubarb, leather accord, violet and dark woods.
www.luxurybrandpartners.com
Sales: $210 million (estimated)
Key personnel
Tev Finger, founder; Dan Langer, president of R+Co and chief marketing officer, Luxury Brand Partners; Nancy Bernardini, chief operating officer, Luxury Brand Partners
Major products
Skin care, hair care and makeup. Brands include R+Co, R+Co Bleu, IGK, V76 by Vaughn, In Common, Smith & Cult, One/Size and Elaluz
New products
One Size—Browkiki microbrow defining pencil and gels, Ultimate Blurring setting powder; Elaluz—Clean deodorant; R+C—Hair Heaven; Smith & Cult—Missed Vacations nail enamel
Comments: Luxury Brand Partners describes itself as “part brand incubator, part venture fund, part brand operator and totally unique in the beauty space.”
The company’s current portfolio includes R+Co, Smith & Cult, IGK, V76 by Vaughn and In Common. Previous LBP brands include Oribe Hair Care, Becca and Pulp Riot. LBP says its diverse collective of industry thought leaders and artists works closely with each brand to create innovative, high-performance products with carefully curated ingredients, packaging, fragrance and design. LBP has over 200 employees and its products are sold in 20 countries and across retail and professional beauty channels including salons, Sephora, Ulta Beauty, Net-a-Porter, Neiman Marcus, Kith, Space NK and Blue Mercury.
Last year, the LBP formed a strategic and financial partnership with Bookend Capital Partners, an investment fund helmed by Alexander Panos, formerly of TSG Consumer Partners. Panos will join LBP’s board of directors.The $50 million minority investment is part of LBP’s plan for exponential growth in the new decade, including several soon-to-be-announced cutting-edge brands in addition to continuing innovations in the beauty and retail sectors.
R+Co’s roster of hair care products now includes Sunset Blvd, billed as a luxe masque that corrects dull or yellow hues and prevents fading. Colorist and Master Educator Richy Kandasamy, who is part of the R+Co’s Collective, helped develop the formulation, which has naturally derived pigments specifically for blonde, gray and white hair. The deep purple color corrects dull, yellow hues and prevents fading, oxidation and brassiness, while imparting shine. In additon, it has a bright oriental scent with notes of juniper berries, blood orange, rhubarb, leather accord, violet and dark woods.