Weekly Roundup: Valentina Sampaio new face at Armani, luxury skin care brand Argentum Apothecary nets financing
05 Nov 2021 --- This week in industry news, Armani beauty appointed Brazilian model and activist Valentina Sampaio as its newest face. One of London’s fastest-growing luxury skincare brands, Argentum Apothecary, received a new financing round from China’s leading luxury brand management group, Ushopal. Also, there has been a flurry of accolades including, L’Oréal being awarded the Terra Carta 2021 Seal and Symrise receiving the Sustainability Heroes Award for the second year running.
Moves in makeup
Armani beauty appointed Brazilian model and activist Valentina Sampaio as its newest face. Valentina Sampaio is joining Armani beauty alongside actresses Cate Blanchett, Zhong Chuxi, Adria Arjona, Alice Pagani and Greta Ferro; actors Ryan Reynolds, Jackson Yee and Nicholas Hoult; as well as models Barbara Palvin and Madisin Rian. Sampaio began her modeling career in 2016 walking in São Paulo Fashion Week. “I am so excited to be joining Armani as a beauty face. As a trans woman, this collaboration is a great milestone and a personal dream come true for me. Makeup has played such a meaningful role in my personal evolution, and I am grateful to Armani beauty for embracing diversity, enabling creative expression and empowering individual beauty,” Sampaio says.
Valentina Sampaio will represent Armani beauty.
Valentina Sampaio will represent Armani beauty.
Business news
One of London’s fastest-growing luxury skincare brands, Argentum Apothecary, received a new financing round from China’s leading luxury brand management group, Ushopal. Founded by Joy Isaacs in 2011, Argentum is becoming a leading skincare brand in China in the super-luxury category through its globally patented formulation based on the work of Nobel Prize-winning scientists. Through Ushopal’s own luxury retail chain, Bonnie & Clyde, this injection of capital will help further propel the brand in Asia and reinforce its position in the global market.
After many years of research in the field of dermo-cosmetics, the company has formulated a patented fusion of two vital ingredients, Silver Hydrosol & DNA HP. The result is a natural, super hydrating range of products that improves fine lines, wrinkles and the overall texture of your skin.
Nu Skin Enterprises announced its board of directors have declared a quarterly cash dividend of US$0.38 per share, which will be paid on December 8, 2021, to shareholders of record on November 26, 2021.
Awards & recognition
L’Oréal was awarded the Terra Carta 2021 Seal that recognizes global companies driving innovation and demonstrating their commitment to creating genuinely sustainable markets. It is being awarded to companies whose ambitions are aligned with those of the Terra Carta, a recovery plan for Nature, People and Planet, launched in January 2021. L’Oréal’s objective for the upcoming decade is a company whose activities are respectful of planetary boundaries. With L’Oréal for the Future, its second sustainability program, L’Oréal is accelerating its sustainable transformation. Among other commitments, it has pledged:
To align with the 1.5°C scenario, reducing its greenhouse gas emissions of all scopes by 50% per finished product (25% in absolute terms), by 2030.
To help restore by 2030 one million hectares of degraded ecosystems thanks to the L’Oréal Fund for Nature Regeneration, a 50 million euro impact investing fund.
To ensure 100% of plastic packaging will be refillable, reusable, recyclable or compostable by 2025. By 2030, 100% of the plastics used in L’Oréal’s product packaging will be either from recycled or biobased sources.
To help 100,000 people from disadvantaged communities gain access to employment by 2030.
The Independent Innovation Awards recognized Eyebrations Triple Action Eye Serum with the “Eye Cream Product of the Year” 2021 award. Eyebrations automatically delivers a drop of serum upon contact, while the sonic technology infuses the proprietary peptide formulation deep beneath the skin layers. It’s a vegan, anti-aging eye product that combines sonic technology with five neuro and carrier peptides that, when combined, dramatically reduce the effects of aging around the eyes. The powerful formulation is designed to specifically treat the delicate eye area by penetrating beneath the skin faster using 10,000 vibrations per minute to help infuse the serum deeper into the skin layers.
Eyebrations Triple Action Eye Serum.
Eyebrations Triple Action Eye Serum.
Symrise received the Sustainability Heroes Award for the second year running from the German Society for Sustainability (DQS). Out of 212 applicants, six companies were awarded the seal. The DQS commended Symrise for its social engagement all along the supply chain. This year, the jury recognized the company in particular for its social engagement. It commended the sourcing model of Symrise, which draws on continual, close cooperation with local communities. For the Holzminden-based Group, this includes making jobs in agriculture attractive for young people again.
Edited by Gaynor Selby
