Thirteen Lune’s Key to Beauty Industry Success: Profitability

  • 📰 wwd
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 68%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Thirteen Lune founders Nyakio Grieco and Patrick Herning explain how they've grown their business.

“So, how you achieve profitability in our opinion and to great success, has been through three levers,” Herning continued, ticking off Thirteen Lune’s omnichannel approach via its direct-to-consumer channel, the JCPenney partnership and the soon-to-open brick-and-mortar store on Larchmont Avenue in L.A. “These three levers are what have ensured our profitable scale.”

For its first round of funding, they reached out to about 25 family and friends. Twenty-two invested by January 2021, raising $1 million from the likes of Gwyneth Paltrow, Sean Combs, Naomi Watts, Gregg Renfrew of Beautycounter, Tracey Cunningham of Mèche salon, former U.S. Ambassador Nicole Avant, venture capitalist Patrick Finnegan and Sydney Holland of The Urban + The Mystic.

For both Herning and Grieco Thirteen Lune has been a second endeavor; Herning is the creator of plus-size fashion e-retailer 11 Honoré, acquired by Dia & Co. last year, and Grieco is behind Nyakio Beauty, sold to Unilever in 2017. Grieco has since returned to brand building with Relevant, launched in 2022 and focused on ingredient safety for melanin skin. She plans to take it internationally.

It was her personal experience as a founder that allowed her to connect with other BIPOC creators. Brands now found at Thirteen Lune had very little distribution and few followers when Grieco first connected with them, she explained.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 24. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Patrick Mahomes, Megachurch Leaders And Celebrities Boosted Obscure Crypto Company Claiming To Be Worth $15 BillionWhen fundraising in 2019, the founder of crypto venture VirtualStax told potential investors his company would bring in $97 billion revenue in three years.
ソース: ForbesTech - 🏆 318. / 59 続きを読む »

Patrick Mahomes, Megachurch Leaders And Celebrities Boosted Obscure Crypto Company Claiming To Be Worth $15 BillionWhen fundraising in 2019, the founder of crypto venture VirtualStax told potential investors his company would bring in $97 billion revenue in three years. But its tokens and its celebrity endorsers’ digital trading cards have yet to launch. Otherwise known as blatant fraud.
ソース: Forbes - 🏆 394. / 53 続きを読む »