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Editor s take: The week that was — Jan 23-28

Indonesian beauty startup Sociolla s losses zoom 130% in 2021 on rising expenses

Expansions impacted Sociolla's cash and cash equivalents, which fell to $6m in 2021 from $30m in 2020.

Updated: All the Beauty M&A Deals of 2021

Updated: All the Beauty M&A Deals of 2021 Women s Wear Daily (WWD) 3 days ago Allison Collins More from WWD Just a few weeks into 2021, there have already been multiple billion-dollar beauty M&A deals, including the Estée Lauder Cos. Inc.’s deal to acquire the rest of Deciem, parent company of The Ordinary, and Shiseido inking a deal to sell its personal care business to CVC Capital. There have also been smaller deals, as venture capitalists continue to back beauty companies.  Here is a list of the beauty M&A transactions so far in 2021: January Paper Cosmetics, a direct-to-consumer natural and sustainable deodorant brand, closed a funding round. Terms were not disclosed.

L Catterton makes debut Indonesia deal to boost make-up, beauty specialist Sociolla s expansion

4 Consumer focused private equity major L Catterton has backed Indonesian beauty and personal care e-commerce business Soc Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles - all which are accessible via our mobile platform.

L Catterton Invests in Social Bella International

L Catterton Invests in Social Bella International The amount of the deal was not disclosed. Founded in 2015 by Christopher Madiam, John Marco Rasjid, and Chrisanti Indiana, Sociolla is a premier beauty shopping platform, offering authentic make-up, skin care, hair care, fragrance, and beauty tools. L Catterton will join the company’s board and support the founders in reaching new consumers and meeting the growing demand within the beauty and personal care category. This investment will provide more Gen-Z and Millennial consumers with access to Sociolla’s curated high-quality beauty and personal care brands in Indonesia and Vietnam. This investment will be 

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