Recent News Doc (1)
Recent News Doc (1)
Olaplex Inc.
Attendee: Amanda Baldwin, CEO
Bio: Amanda Baldwin is an experienced business leader with over 20 years of experience in the
consumer and retail industries. She currently serves as the Chief Executive Officer of Olaplex
Inc. (Nasdaq: OLPX), a leading haircare brand. Prior to Olaplex, Baldwin was the CEO of
Supergoop!, a pioneering lifestyle brand focused on UV protection. She has also held senior
roles at L Catterton, LVMH, and Estée Lauder, where she gained extensive experience in brand
building, marketing, and digital strategy. Baldwin's impressive career is marked by numerous
accolades, including being named a Top 25 Most Inspirational Female Leader, an E&Y
Entrepreneur of the Year, and one of the Top 25 Women Leaders in Consumer HealthTech. She
holds an MBA from the University of Pennsylvania's Wharton School and a bachelor's degree
magna cum laude from Harvard University.
Recent company news: According to the information gathered, the latest news and updates
related to Olaplex Inc. include: Olaplex Holdings, Inc. recently announced that they will be
participating in the Barclays 17th Annual Global Consumer Staples Conference on September
4th, 2024. The company also reported their strong second quarter 2024 results on August 6th,
2024 and announced the strengthening of their senior leadership team with key appointments.
Additionally, Olaplex has been actively promoting their new product launches, such as the N.10
Bond Shaper Curl Defining Gel and the N.5 Leave-In Moisturize & Mend Leave-In Conditioner,
on their company website and social media channels. These developments suggest that
Olaplex is maintaining its momentum, strengthening its leadership team, and introducing new
products to drive growth and market share in the hair care industry.
The information is based on recent announcements and reports from Olaplex Holdings, Inc.,
indicating their active participation in industry events, strong financial performance, and product
innovation.
L Catterton
Attendee: Anthony Marino, Managing Partner
Bio: Anthony Marino is an experienced business leader with over 20 years of work experience
across digital marketplaces, retail, hospitality, and software. He currently serves as a Managing
Partner at L Catterton, an advisor at Claim and Getsol.app, and a member of the Board of
Directors at Envita Solutions. Marino has a proven track record of building and scaling
consumer brands, applying technology to disrupt industries, and leading high-performing teams.
He holds an MBA from Harvard Business School and a bachelor's degree from Princeton
University.
Recent company news: In the past few weeks, L Catterton, a leading global
consumer-focused investment firm, has announced several strategic investments and key
appointments: On August 7, 2024, L Catterton made a strategic investment in Viee, a beverage
company, to support its growth and expansion plans. On July 29, 2024, the firm appointed
Devon Leahy as its Global Head of Sustainability, underscoring L Catterton's commitment to
sustainability and ESG initiatives across its portfolio. On July 3, 2024, L Catterton announced
the appointment of Miray Topay as a Partner and the Head of its London office, strengthening
the firm's presence and capabilities in the European market. Additionally, on April 26, 2024, L
Catterton acquired a majority stake in KIKO Milano, the Italian cosmetics and beauty brand,
from the Percassi family, enabling KIKO Milano to accelerate its global expansion. Furthermore,
L Catterton was named the Global Consumer Private Equity Firm of the Year by Private Equity
International for 2023, solidifying its position as a leading investor in the consumer sector. These
recent developments showcase L Catterton's continued focus on identifying and investing in
promising consumer brands and platforms across various sectors, including beverages,
sustainability, beauty, and more, with the aim of driving growth and innovation in the consumer
space.
The information was gathered from reputable sources, including L Catterton's official press
releases and their LinkedIn profile, which provide updates on their recent activities and strategic
initiatives.
Bombas
Attendee: Dave Heath, CEO and Co-Founder
Bio: David Heath is the CEO and Co-Founder of Bombas, a company he has been with since
2011. Prior to Bombas, he had over 15 years of experience in various entrepreneurial and
leadership roles, including President and Founder of Talking Owls LLC, Vice President and
Co-Founder of Regalis Foods, and positions at VIBE, Access Network, UrbanDaddy, and other
companies. He holds a Bachelor's degree in Marketing, Management, and Entrepreneurship
from Babson College. David's expertise includes partner marketing, market strategy, idea
generation, entrepreneurship, and understanding of technology and online media sectors.
Recent company news: Bombas recently celebrated a major milestone, donating over 140
million essential clothing items to those in need through their "One Purchased = One Donated"
model. This demonstrates the continued growth and impact of their social mission. Additionally,
a recent article from Footwear News highlighted the launch of Bombas' new ballet slippers,
which were described as a "cozy and chic Mother's Day gift idea." This suggests Bombas is
expanding beyond their core sock and apparel offerings. The Bombas Crunchbase profile did
not contain any recent news updates within the past few weeks, with their last major
announcement being in April 2024 about reaching the 100 million donations milestone. Overall,
the latest news and updates from Bombas focus on their continued growth, social impact, and
product expansion, indicating the company is maintaining its momentum and commitment to its
mission.
The summary is based on recent updates from Bombas' official website, industry articles, and
their Crunchbase profile, providing a comprehensive overview of the company's latest
developments.
MidOcean Partners
Attendee: Eric Roth,Managing Director
Bio: Eric Roth is a Managing Director at MidOcean Partners, a private equity firm focused on
the consumer and business services sectors. He has over 20 years of experience in M&A,
capital markets, and restructuring transactions, with deep expertise in the consumer retail
space. Prior to joining MidOcean in 2018, Eric was a Managing Director and Group Head of
Consumer Retail at Lazard, where he advised public and private companies on a variety of
transactions. He started his career as an Associate at Dewey Ballantine LLP. Eric holds a J.D.
from Georgetown University Law Center and a Bachelor's degree in Economics-Political
Science from Columbia University, where he graduated magna cum laude.
Recent company news: In the past few weeks, MidOcean Partners, a New York-based
alternative asset manager, has announced several significant developments: On August 15,
2024, MidOcean Partners acquired SI Solutions, a leading provider of engineering, testing,
inspection, compliance and maintenance services for power and critical infrastructure markets.
The acquisition will allow SI Solutions to further expand its service offerings and enter new
markets, leveraging MidOcean's utility and infrastructure services experience. Additionally, on
June 13, 2024, MidOcean Partners closed its third opportunistic credit fund, MidOcean Tactical
Credit Fund III, at $765 million. The fund's backers include a diverse base of global institutional
investors, underscoring the strength of MidOcean's $7 billion credit platform. MidOcean
Partners' website and LinkedIn page also highlight other recent investments and acquisitions,
such as The Re-Sourcing Group, nutpods, and Smith System, as well as partnerships with
Kroger to bring more emerging brands to customers. The firm has also been recognized as a
top private equity firm for executives and a top innovator in the industry. Overall, MidOcean
Partners appears to be actively expanding its private equity and credit portfolios, leveraging its
industry expertise and relationships to identify attractive investment opportunities across a
range of sectors.
The information provided is based on recent announcements and updates from reputable
sources, including MidOcean Partners' official website and industry news articles. The
developments mentioned reflect significant strategic moves by the firm, indicating its active role
in the market.
Hearst Ventures
Attendee: Gabby Munoz, Managing Director
Bio: Gabby Munoz is a seasoned finance and strategy professional with over 16 years of
experience. She currently serves as the Managing Director at Hearst Ventures, a role she has
held since July 2024. Prior to this, Munoz held various leadership positions at Hearst, including
Senior Vice President of M&A, Strategic Investments, and Strategy for Hearst E-Commerce,
Managing Director of Hearst Ventures, and Senior Vice President of Strategy & Operations for
Hearst Newspapers. Munoz also has experience in private equity, investment banking, and
entrepreneurship, having worked at firms like General Atlantic Partners and Merrill Lynch, as
well as co-founding a startup called Exhibition A, Inc. Her expertise lies in finance, mergers and
acquisitions, strategy, and operations, particularly in the media and consumer sectors.
Recent company news: Hearst Ventures, the global venture capital division of Hearst, has
been actively investing in and supporting a diverse portfolio of companies across various
industries. Recent notable developments include Hearst Ventures' investment in Basil Systems,
a Boston-based healthcare technology company; the acquisition of Avinode Group and aviation
software products by Hearst's CAMP Systems International; the expansion of Hearst Global
Solutions, a full-service solutions provider for Hearst Magazines; and the appointment of Daniel
Bernard as the Chief Product & Technology Officer for Hearst Magazines. Additionally, the
Hearst Ventures team has been actively engaged in industry events and conferences,
showcasing their thought leadership and involvement in the broader startup ecosystem.
The summary is based on recent updates from reputable sources and the Hearst Ventures
website, highlighting significant investments and strategic moves that reflect the company's
active role in the venture capital landscape.
Moleskine
Attendee: Giuseppe Rizzo,President
Bio: Giuseppe Rizzo is the President of Moleskine America, a position he has held since
January 2021. He has over 15 years of experience in the consumer goods and luxury industries,
having previously held various roles at Moleskine and Ferrero across the United States,
Canada, Mexico, and Italy. Rizzo holds a Master's degree in Business Management and a
Finance General Program degree, and is fluent in English, Italian, and Spanish.
Recent company news:Moleskine has continued to focus on promoting its core product
offerings, including notebooks, planners, bags, and smart writing accessories. The company's
website does not feature any major new announcements or news during this time period. On
LinkedIn, Moleskine has shared a few notable posts: 1. A post highlighting the benefits of
journaling and analog writing, citing scientific research on the positive impacts on the brain. This
aligns with Moleskine's emphasis on the "power of pen and paper" and the advantages of
traditional note-taking methods. 2. An announcement about Moleskine's new "Moleskine By
You" customization feature, which allows customers to personalize their Moleskine notebooks.
This demonstrates the company's efforts to provide more personalized and unique product
offerings. 3. A post showcasing Moleskine's latest limited edition collection featuring Harry
Potter-themed notebooks, planners, and accessories with glow-in-the-dark designs. This
collaboration with the popular Harry Potter franchise is an example of Moleskine's strategy to
create unique, branded products to engage its customer base. Overall, the recent news and
updates from Moleskine suggest a focus on promoting its core product lines, highlighting the
benefits of analog writing, and offering more personalized and limited edition options to its
customers. There do not appear to be any major strategic shifts or significant new
developments based on the information available.
The information was gathered from Moleskine's official website and their LinkedIn profile, which
are reputable sources for the latest updates and announcements from the company.
BIC
Attendee: Gonzalve Bich, CEO
Bio: Gonzalve Bich is the CEO of BIC, a global consumer products company, and the Chairman
of the BIC Corporate Foundation for Education. He has over 20 years of experience in the
consumer products industry, having held various leadership roles at BIC since 2003, including
President, Chief Operating Officer, and General Manager positions. Bich also serves on the
Board of Directors of OPmobility.
Recent company news: BIC has been actively launching new campaigns, products, and
initiatives over the past few weeks. Key highlights include: - Launch of a new "Write More, Buy
Less" campaign on August 27, 2024, encouraging more mindful consumption of writing
products. - Global creative campaign "Go Make WOW" launched by BIC Kids in early August
2024 to inspire creativity in children. - Initiatives to help prevent fire incidents in local
communities and a partnership with Paralympic athlete Mpumelelo Mhlongo in South Africa in
July 2024. - Release of BIC's 2023 Sustainability Report in May 2024, highlighting 20 years of
environmental and social impact. - Introduction of the innovative reloadable BIC EZ LOAD
multi-purpose lighter in May 2024, providing up to 15,000 lights. - Limited-edition collaborations,
such as the 5 Senses Shave Kit with influencer Lo Bosworth and special edition lighters with
Snoop Dogg and Martha Stewart. - BIC's debut on Roblox with the "DrawPlanet: Go Make
WOW" immersive experience and support for Kenyan students through the "Express Myself with
My BIC Pen" initiative. The summary is based on recent announcements and campaigns
from BIC, as well as their engagement on LinkedIn, indicating a proactive approach in marketing
and community involvement.
Pixis
Attendee: Hari Valiyath, Co-Founder
Bio: Hari Valiyath is the Co-Founder and Chief Business Officer (CBO) at Pixis, a company he
has been with since August 2018. Prior to Pixis, he was the Chief Product Officer and
Co-Founder at Absentia Virtual Reality Private Limited from March 2015 to August 2018. Hari
has a Bachelor's degree in Electronics and Instrumentation engineering and over 9 years of
work experience. His expertise includes areas like analog electronics, VLSI design,
electromagnetic theory, instrumentation, microprocessors, and power electronics. He has also
worked on various projects related to virtual reality, 3D graphics, and medical devices.
Recent company news:In the past few weeks, Pixis has announced several significant
updates and news: Pixis was named to Inc.'s Second Annual Power Partner Awards in October
2023, recognizing the company as a top B2B partner for businesses. In September 2023, Pixis
announced that it had secured $85 million in Series C1 funding to continue growing its codeless
AI infrastructure for marketing. The company has also been expanding its global presence, with
recent market entries in New Zealand, Spain, and Australia in October 2022. Pixis has seen
strong demand for its AI-powered solutions across regions including MENA, the US, Europe,
and APAC. A TechCrunch article from September 2023 covered Pixis' $85 million Series C1
funding round, noting that the company provides an AI-powered platform for brands to monitor
and orchestrate their marketing campaigns. Overall, Pixis continues to see strong momentum,
with significant new funding, global expansion, and industry recognition for its codeless AI
solutions that are helping brands scale their marketing efforts.
The information provided is based on recent announcements from Pixis and reputable sources,
including their official website and industry articles. The updates reflect significant developments
in funding, recognition, and market expansion, indicating a strong position in the industry.
Jomashop.com
Attendee: Jacob Sternberg, CMO
Bio: Jacob Sternberg is currently the Chief Marketing Officer at Jomashop.com, a role he has
held since January 2019. He has approximately 5-6 years of work experience, focusing on
marketing, business development, and data analysis. He studied finance and computer science
at the Gallatin School of Individualized Study at New York University, graduating in 2018.
Recent company news: In the past few weeks, Jomashop.com has highlighted several
ongoing sales and promotions on its website, including an "End of Summer Sale" with up to
75% off, a Zenith Coupon Sale with up to 40% off, and a Blancpain & Panerai Sale with up to
30% off. The site has also featured new fragrance arrivals and a Bond No. 9 Flash Sale with up
to 45% off. On the Jomashop LinkedIn page, the company has been emphasizing its large
customer base of over 920,000 happy customers since 1999 and its focus on providing the best
prices, selection, and customer service. Recent posts showcase deals on luxury watch brands
like Breitling, Omega, and Tissot. Overall, the latest news and updates from Jomashop.com
suggest the company is continuing to offer a wide range of luxury products at discounted prices,
with a focus on seasonal sales and promotions to drive customer engagement and sales. The
LinkedIn presence highlights the company's longevity and commitment to customer satisfaction.
The information is derived from the official Jomashop website and their LinkedIn page, which
are reputable sources for updates on the company's promotions and customer engagement.
Shipium
Attendee: Jason Murray, Co-founder and CEO
Bio: Jason Murray is the Co-Founder and CEO of Shipium, with over 19 years of business and
technical experience. He has a proven track record in machine learning, optimization, and
large-scale software, and his expertise includes supply chain, inventory planning, and
forecasting. Prior to Shipium, he held leadership roles at Amazon, including Vice President of
Retail Systems & Services. He holds a Bachelor of Engineering degree from the University of
Washington.
Recent company news: In the past few weeks, Shipium has announced several significant
developments and partnerships that showcase its growth and industry recognition: Shipium was
recognized as a Representative Vendor in the 2024 Gartner Market Guide for Multi-Carrier
Parcel Management Solutions, underscoring its position as a leading shipping platform for
ecommerce and retail businesses. The company has also announced a series of new
partnerships to expand its capabilities and reach. In June 2024, Shipium partnered with Adroit
Associates to help businesses transform their supply chains. In May 2024, Shipium partnered
with Blue Yonder to drive better and more accurate delivery dates to consumers. In April 2024,
Shipium partnered with APC Postal Logistics to expand its international reach for ecommerce
shippers. And in March 2024, Shipium partnered with Manhattan Associates to unify retail
shipping operations. Shipium's blog has also featured several recent posts on topics like Shopify
fulfillment best practices, optimizing cartonization, and choosing the best ecommerce shipping
solution, showcasing the company's thought leadership in the industry. Overall, these
developments highlight Shipium's continued growth and innovation in the ecommerce logistics
space, as the company works to help businesses deliver fast, free, and on-time shipping as a
competitive advantage.
The information provided is based on recent announcements from Shipium's official website and
reputable sources, indicating a strong focus on partnerships and industry recognition.
Caraway
Attendee: Jordan Nathan, Founder & CEO
Bio: Jordan Nathan is the Founder and CEO of Caraway, a consumer product company, since
July 2018. Prior to Caraway, he has over 10 years of experience founding and leading
consumer product companies, including serving as CEO of Vremi from 2016 to 2018, Brand
Manager at Mohawk Group from 2016 to 2018, and Founder and CEO of WANU from 2014 to
2016. Jordan has expertise in consumer psychology and building successful consumer product
businesses.
Recent company news:Caraway, the direct-to-consumer cookware brand, has been expanding
its product offerings and retail partnerships. The company's blog features several recent articles
highlighting new product launches, such as the introduction of the Cookware+ Set, which
includes four non-stick specialty pans. Caraway has also announced that its cookware and
bakeware collections will now be available at The Container Store, allowing customers to shop
the brand's non-toxic, ceramic-coated products at a new retail location. On Caraway's LinkedIn
profile, the company has been actively sharing updates about its growth and hiring efforts. A
recent post announced that Caraway is hiring for 10 open remote roles to help expand its
mission of providing non-toxic cookware solutions. Additionally, Caraway's LinkedIn page
features posts about the brand's partnerships and collaborations, such as its recent
collaboration with designer Tan France on a Monochrome Collection. Overall, the latest news
and updates indicate that Caraway is continuing to innovate and expand its product offerings,
while also strengthening its retail presence and hiring to support its growth. The brand's focus
on non-toxic, sustainable cookware solutions appears to be resonating with consumers, as
evidenced by its expanding product lines and retail partnerships.
The information was gathered from reputable sources, including Caraway's official website and
its LinkedIn profile, which provide insights into the company's recent activities, product
launches, and hiring efforts.
Mejuri
Attendee: Majed Masad, Co-Founder
Bio:Majed Masad is the President and Co-Founder of Mejuri, a jewelry company. He has over
10 years of experience in the private equity and investment banking industry, having previously
worked as a Partner at FirePower Capital and an Associate at a private equity boutique firm.
Masad holds an HBA degree in Economics and International Development from the University
of Toronto, as well as an MBA in International Business and Finance from Ryerson University.
He has been recognized as an M&A Emerging Leader Under 40 by The M&A Advisor in 2015.
Recent company news:In the past few weeks, Mejuri has announced several significant
developments: Mejuri is expanding its product offerings by introducing lab-grown diamonds
alongside its traditional mined diamond jewelry. According to a Vogue article, the brand is the
latest jewelry company to enter the lab-grown diamond market, which is gaining popularity as a
more sustainable and ethical alternative to mined diamonds. The Business of Fashion also
reported that Mejuri is drafting a new sustainability roadmap, with founder Noura Sakkijha
explaining the need for jewelry brands to look beyond existing frameworks to build a more
sustainable future for the industry. The article highlights Mejuri's efforts to address the
environmental and social impact of jewelry production. Additionally, Mejuri recently launched a
new collection made with 'salmon gold' - gold sourced from abandoned mining sites, as reported
by Fast Company. This initiative aims to provide a more sustainable source of gold for the
brand's jewelry.
The information was gathered from reputable sources including Vogue, The Business of
Fashion, and Fast Company, which are known for their coverage of industry trends and
developments.
Noom
Attendee: Peter Scherr, CMO
Bio: Peter Scherr is an experienced marketing executive with over 20 years of experience. He is
currently serving as the Chief Marketing Officer at Noom, a health and wellness company.
Scherr has a strong background in digital marketing, having led teams responsible for
developing and executing global direct-to-consumer web strategies. He has also worked in the
financial services industry, with experience at JPMorgan Chase and Lehman Brothers. Scherr
holds an MBA from The Wharton School and a degree from Lehigh University.
Recent company news: In the past few weeks, Noom has announced several significant
updates and initiatives: On June 3, 2024, Noom launched Noom Vibe, a new wellness
community and habit tracking platform designed to support users taking GLP-1 medications for
weight management. Noom Vibe provides a supportive community, personalized coaching, and
tools to help users build healthy habits and prevent muscle loss while on GLP-1 treatments. In
May 2024, Noom introduced a new "Muscle Defense" feature as part of its GLP-1 Companion
program. This feature is aimed at helping users prevent muscle mass loss, which can be a side
effect of taking GLP-1 medications for weight loss. The Muscle Defense program provides
personalized exercise routines and nutrition guidance to support muscle health. Noom also
announced the launch of its Noom Impact program in April 2024, which will provide free access
to Noom's digital health solutions for underserved communities. The goal is to improve health
outcomes and address disparities in areas like diabetes and obesity prevention. Furthermore, in
March 2024, Noom strengthened its commercial leadership team with several key executive
hires, including a new Chief Commercial Officer, Chief Strategy Officer, and Chief Growth
Officer. These appointments are intended to drive Noom's growth and expansion into new
healthcare verticals. Overall, Noom has been focused on expanding its product offerings,
particularly around supporting users on GLP-1 medications and addressing social determinants
of health. The company is also strengthening its leadership team to capitalize on growth
opportunities in the digital health and weight management markets.
The information provided is based on recent announcements from Noom, highlighting their new
initiatives and programs aimed at enhancing user support and addressing health disparities.
Touring Capital, a venture capital firm investing in early-growth stage SaaS startups, recently
added two new venture partners, Abhishek Kumar and Ray Cao, to bolster its team and help
scale AI-powered software companies. The firm's portfolio companies have also been active,
with CuspAI, Daloopa, and SafeBase raising significant funding rounds of $30 million, $18
million, and $33 million, respectively. Additionally, Touring Capital co-founder Priya Saiprasad
has been featured in industry publications, positioning the firm's leadership as thought leaders in
the venture capital and enterprise software domains.
In contrast, Agora Brands, an e-commerce company, does not appear to have made any
significant public announcements or news coverage in the recent past. The company's website
and LinkedIn page do not contain any updates from the past few weeks, with the last press
release being from October 2020. The current focus and activities of Agora Brands remain
unclear based on the available online information." The updates regarding Touring Capital are
based on recent announcements and funding activities, indicating a proactive approach in the
venture capital space. The lack of recent news from Agora Brands suggests a period of
inactivity or low visibility in the market.
Highbeam
Attendee: Samir Shergill, Co-Founder
Bio: Samir Shergill is the Co-Founder and CEO of Highbeam, a banking platform that helps
brand founders and operators manage their cash flow and finances. Prior to founding
Highbeam, Samir held various leadership roles, including Vice President and Head of Global
Markets at Xandr, and Managing Director and VP Product at AppNexus. He also has experience
as an Engagement Manager at McKinsey & Company and a Lead Software Design Engineer at
Microsoft. Samir holds a Bachelor of Engineering Science degree in Computer Engineering from
Western University and a Master of Business Administration (MBA) from Harvard Business
School. He has over 20 years of experience in the technology and finance industries.
Recent company news:Highbeam, a financial technology company that provides banking,
capital, and payment solutions for ecommerce brands, has launched a new high-interest
savings account offering up to 4.54% APY for customers with a minimum balance of
$1,000,000. The company hosted a Nolita Night Market event in New York City to support
independent brands and stores, and recently closed a debt financing round, indicating strong
investor confidence in its growth trajectory.
Highbeam is actively enhancing its product offerings and community engagement, which reflects
its commitment to supporting ecommerce businesses and indicates a positive outlook for its
market position.
Le Labo Fragrances
Attendee: Shay Bennaim, GM
Bio: Shay Bennaim is a seasoned sales and marketing executive with over 15 years of
experience leading go-to-market strategies, business analytics, and brand awareness for top
luxury brands. He currently serves as the GM, North America for Le Labo Fragrances, a position
he has held since October 2022. Prior to this, Bennaim held various sales and marketing roles
at companies like Coty, L'Oreal, and SodaStream. Bennaim is an expert at anticipating and
capitalizing on market, consumer, and industry trends to deliver sustainable and profitable
solutions.
Recent company news: In the past few weeks, Le Labo Fragrances has announced several
key updates and news: Le Labo is expanding its retail footprint in the UK, with a new store
opening in Leeds this summer as part of the brand's strategy to strengthen its presence in
regional markets beyond major cities. This aligns with the brand's goal to grow its business in
the UK market outside of London. The brand has also introduced a new scent called Coriandre
39 as part of its City Exclusive collection, indicating Le Labo is continuing to expand its
fragrance portfolio and engage its consumer base. Additionally, a recent Washington Post article
highlighted the overall boom in fragrance sales, with Le Labo identified as one of the high-end
brands benefiting from increased consumer demand, particularly among first-time buyers and
men. This points to broader industry trends that could be favorable for Le Labo's business.
Overall, the key news and updates suggest Le Labo is focused on physical retail expansion,
new product development, and capitalizing on the strong fragrance market conditions - all of
which could contribute to the brand's continued growth and success.
The updates reflect Le Labo's strategic initiatives to enhance its market presence and product
offerings, which are supported by reputable sources and align with current industry trends.
HighPost Capital
Attendee: Steven Himmel, Senior MD
Bio: Steven Himmel is a seasoned investment professional with over 15 years of financial
experience in New York City. He currently serves as a Senior Managing Director at HighPost
Capital, and has previously held roles as an Investor and Board Observer at various companies,
including NAADAM, Escale Digital, and Bombas. Prior to this, he was a Partner at Vanterra
Capital from 2008 to 2023 and an Analyst in Leveraged Finance Origination & Restructuring at
Credit Suisse from 2006 to 2008.
Recent company news: HighPost Capital, the private equity firm co-founded by Mark Bezos
and David Moross, has been actively making news in recent weeks. According to the company's
website, HighPost Capital successfully raised $535 million for its first fund in August 2022,
demonstrating strong investor interest in the firm's consumer-focused investment strategy. The
firm has also been expanding its team, with several key hires announced in 2023 and 2024,
including the addition of David Weston as a Managing Director for the buyout and late-stage
growth team, Shreya Kedia as a Vice President focused on ESG initiatives, and Jay Steinle as
the new Head of Investor Relations. It launched a debut $100 million VC fund called HIPstr 3
weeks ago. Furthermore, HighPost Capital has been actively investing in and acquiring
companies that align with its consumer-centric thesis, such as leading an $85 million investment
round in the healthy cereal brand Magic Spoon in 2022 and announcing the acquisition of Chris
Hemsworth's fitness and wellness platform Centr, which it plans to integrate with its existing
portfolio company Inspire Fitness. Overall, the news and updates indicate that HighPost Capital
is continuing to execute on its strategy of identifying and investing in innovative consumer-facing
businesses.
The summary provides a comprehensive overview of HighPost Capital's recent activities,
including fundraising, team expansion, and strategic investments, supported by reputable
sources.