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Exclusive Alliance Bolsters North American Personal Care Market with Cutting-Edge Ingredients
Univar Solutions has secured an exclusive distribution agreement with DSM-Firmenich for the U.S., Canada, and Puerto Rico, expanding their existing partnership. This collaboration enhances Univar Solutions' beauty and personal care portfolio by incorporating DSM-Firmenich's skin actives and bioactive ingredients, such as synthetic peptides and organic plant extracts. Julie Carnes, Global Senior Supplier Director at Univar Solutions, emphasized their commitment to providing advanced, science-backed solutions aligned with market trends. Vicki Barboiu, Senior Director at DSM-Firmenich Beauty & Care N.A., highlighted the value Univar Solutions brings through its extensive customer network and robust service offerings, reinforcing their dedication to the personal care industry.
Exclusive Distribution Pact Unveils New Era in Personal Care Innovation
Univar Solutions has signed an exclusive distribution agreement with DSM-Firmenich for the U.S., Canada, and Puerto Rico, expanding their previous partnerships. This collaboration strengthens Univar’s portfolio of beauty and personal care products by incorporating DSM-Firmenich’s skin actives and bioactive ingredients, including synthetic peptides and organic plant extracts. Julie Carnes, Global Senior Supplier Director at Univar Solutions, highlights their commitment to offering advanced, science-backed solutions that align with market trends and consumer needs. Vicki Barboiu, Senior Director of DSM-Firmenich Beauty & Care N.A., emphasizes the value Univar brings through its extensive client network and operational capabilities, enhancing support for the personal care industry.
Indian Luxury Skincare Brand Secures Major Investment for Expansion
Ras Luxury Skincare, an upscale Indian beauty brand, has secured US$5 million in Series A funding led by Unilever Ventures, with contributions from Amazon Smbhav Venture Fund, Sixth Sense Ventures, and angel investors. Founded in 2017 by Shubhika Jain, Suramya Jain, and Sangeeta Jain, Ras initially operated as a direct-to-consumer (D2C) platform, offering skincare products and oils. The capital will fuel retail expansion, talent acquisition, R&D, product diversification, marketing, and technology upgrades. Pawan Chaturvedi, Head of Unilever Ventures Asia, emphasized the significant growth potential of India’s premium beauty market over the next 5-7 years, positioning Ras to capitalize on this opportunity with its unique value proposition.