PARIS — Ohana & Co. organized a morning of talks, “Shark Tank” type, at its Paris headquarters.
Karine Ohana, who runs the unbiased funding financial institution along with her brothers Ariel and Laurent Ohana, hosted Thursday's occasion, titled “The New Magnificence and Way of life Manufacturers within the Recreation.”
Among the many traders current had been Carla Ruiz, government vp of worldwide mergers and acquisitions and LIFT Ventures at Shiseido; Presca Ahn, world funding director for Enterprise Alternatives for L'Oréal Improvement, or BOLD, L'Oréal's enterprise arm; Harry Richards, chief funding officer at Manzanita Capital; Karim Abbas, founding accomplice of Aurea, and Laëtitia Zemiro, investor in luxurious items, trend, life-style and innovation on the Mirabaud Group.
The primary to current was Gerard Camme, CEO and founding father of Component Eight, the posh oxygenated skincare model launched in November 2022. Final yr it generated slightly below $1 million. Then, in early 2024, Component Eight entered six Nordstrom doorways, every of which can generate greater than $100,000 with 5 merchandise, in keeping with Camme.
Eight Energetic serum and eye cream are the model's flagship merchandise, accounting for 70 p.c of its gross sales. A face cream is launching within the franchise this week and retail launches are within the works.
“This yr we’ll in all probability attain $four million in [net] gross sales,” Camme mentioned. “We’re in the midst of a fundraising spherical, our Collection A spherical. We are attempting to lift $6.25 million. “We’ve got $2 million in commitments, of which we have now raised $1 million to this point.”
In November 2022, the model closed a $6 million funding spherical, bringing its whole elevate to this point to $7.9 million.
L'Atelier Parfum co-founders Mikolaj Pietrzak and Masha Russac spoke in regards to the model they launched in 2021. “Atelier Parfum is the creator of feelings,” mentioned Pietrzak, including that additionally it is an inclusive model, positioned on the entry level of haute perfumery.
Immediately, L'Atelier Parfum is offered in round 400 doorways in additional than 25 nations. At Sephora in Asia, Coeur de Pétales is the model's bestseller.
“We’re presently the primary model in Sephora Hong Kong,” Russac mentioned. L'Atelier Parfum will launch in mainland China this yr, whereas South Korea and the US are inside attain.
A second L'Atelier Parfum boutique will quickly open in Paris, on the nook of Rue de Rivoli and Rue de Castiglione.
“We had been worthwhile from the primary yr,” Russac mentioned, including that the corporate will shut its fiscal yr in March, when it is going to file about four million euros in web gross sales, or the equal of about 18 million euros in retail gross sales.
“Our ambition is to be a world model,” he continued. Subsequently, L'Atelier Parfum will start elevating funds within the subsequent six months.
Within the hair care area, Mon Shampoing founders Patricia and Rémy Debrant launched their pure, customizable model about 5 years in the past.
“You may customise the shampoo and conditioner to your hair sort with a small enhance that could be very straightforward so as to add,” says Rémy Debrant. There are seven boosters in whole, one for every hair sort. Different merchandise are additionally supplied, akin to masks and serums.
Mon Shampoing has already positioned greater than 50,000 orders on its web site. The model has about 200 factors of sale, together with eight Galeries Lafayette department shops, and ships to Europe. It just lately opened places of work in Mauritius and La Réunion. In the US, Mon Shampoing sells via its web site.
It’s a constructive money stream. “What we wish to do is… develop and speed up, put money into buyer acquisition and retail,” Debrant mentioned. “We’re within the means of finalizing a financing spherical. “We’ve got already dedicated €1.5 million and are able to welcome extra folks for half 1,000,000 .”
In Amsterdam, Pedro Príncipe and Nathalie Manivong three years in the past co-founded Cocon, which presents high-end spa companies at dwelling. If we transfer ahead to at the moment, its gross sales are round three.2 million euros.
“We’re uniting wellness and wonder,” mentioned Principe, Cocon's CEO, including that it presents not solely a masseuse and merchandise, but additionally a therapeutic massage desk. “It permits us to rent the very best therapists.”
In his hometown, Cocon has already carried out greater than 90,000 remedies. Her most important shopper in lower than two years booked 103 remedies and spent virtually 18,000 euros. Cocon additionally operates spas, shifting into present places within the Netherlands and, extra just lately, London.
It closed 2023 with greater than 1 million euros in gross sales. Principe and Manivong will begin speaking to traders quickly.