Winky Lux Lands Majority Investment From Core Industrial Partners

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The private equity firm previously invested in contract manufacturing platform Cohere Beauty.

allows Winky Lux to fund the expansion of both its digital and brick-and-mortar retail channels, according to the brand’s co-founder and chief executive officer Natalie Mackey.

She said: “This partnership enables us to meet customer demand, scale our operations, maximize existing retailer partnerships with Target, Ulta and Shoppers Drug, and reach new heights in product innovation.” EXCLUSIVE: The Makeup Artist Who Trademarked 'No-makeup Makeup' 40 Years Ago Is Launching a Brand of the Same Name

The executive team will all remain at the company.

Core entered the beauty industry in 2020 through its investment in Cohere Beauty, a beauty and personal care contract-manufacturing platform consisting of four manufacturers — Marianna Beauty, Arizona Natural Resources, Health Specialty Inc. and Contract Filling Inc. — which have been integrated to offer product formulation, manufacturing and packaging under one roof. Its primary categories are hair care, fragrance and skin care..

WWD and Women's Wear Daily are part of Penske Media Corporation. © 2024 Fairchild Publishing, LLC. All Rights Reserved.

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