Waldencast has sold Obagi Medical, the 38-year-old professional skincare brand founded by dermatologist Zein Obagi, to private equity firm Bridgepoint Group for $460 million as the lines between beauty, aesthetics and wellness continue to blur.
Selva Ventures has invested in Sofie Pavitt Face, adding to the adult acne-focused skincare brand’s earlier funding from True Beauty Ventures.
Beauty is being injected with med-spa marketing. Read a recently launched topical skincare product description page today and you may feel like you’re researching an aesthetic procedure rather than a serum.
Gabe Saporta, who fronts the dance-pop band Cobra Starship and heads indie record label TAG Music, recalls one of the coolest guys in New York’s music scene getting roasted mercilessly more than a decade ago after posting a selfie with severely chapped lips.
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