Introducing the CEW Cheat Sheet, a place where you can come and conveniently scroll through the morning’s biggest beauty, tech, and business-related headlines all in one place. Stay up-to-date on major acquisitions and industry moves; learn about brand launches and beauty biotech innovations; and read through investigative reports on the state of the market or our new working norm. That bold think piece being shared all over Twitter? You’ll find that here too, as well as the latest trend or scandal churned out by TikTok’s ever-present algorithm (we’ll do the swiping, so you don’t have to).
Before you’ve even made it to the office — whether that’s a drive across town or a walk down the stairs — Cheat Sheet allows you to catch up on industry’s biggest news so you’ll be prepared for a day of meetings, lunches, and casual catch-ups. Today, March 16, a new biotech company announces its debut in the beauty space with an innovative new sun-care range. We see the fashion industry buzzing over editorial makeup artist Fara Homidi’s new makeup range, while the fallout from the Silicon Valley Bank collapse continues to dominate the news cycle, as the startup community and the government figure out what to do next. Click the links below to get caught up on the morning’s biggest news.
Meet Pavise, Sun Care’s Biotechnology-powered New Player. With the goal of innovating a stagnant sun-care category, Bai Biosciences launches its first product range featuring an innovative new molecule (WWD).
After the SVB Collapse, What’s Next for Venture Capital? The loss of SVB just made the harsh world of startups even harsher, and as Fast Company investigates, will send shockwaves through the startup ecosystem for years to come (Fast Company).
Glossier’s CEO Talks New Hires and Promotions, and Why ‘Beauty is a Feeling’ Kyle Leahy looks to the future, with goals of elevating and celebrating the brand, inspiring its community, and bringing it to more people (Glossy).
Can Beauty Specialty Chains Command More Luxury Market Share? Today’s luxury consumer values convenience, a fact that has driven high-end brands into stores like Ulta and Amazon. The question remains, should they? And will these specialty retailers be able to step up? (Beauty Independent)
Fara Homidi Launches Her Debut Makeup Line With Dreamy Lip Compacts. The runway and editorial makeup artist — who has worked with brands like Off-White, Miu Miu, and Ferragamo — dropped her much-anticipated product line to the delight of fashion and beauty insiders around the world (Vogue).
The SVB Collapse Investigations: What to Know. In this three-minute video, reporter Dave Michaels breaks down what investigators from the SEC and the DOJ are probing in the fall of Silicon Valley Bank (Wall Street Journal).
Dame and Hey Jane Backer Amboy Street Ventures Closes $20M Fund. Adding to its portfolio composed entirely of brands dedicated to women’s and sexual health, the firm’s investments will key in on six areas of women’s health and sexual wellness (Beauty Independent).
Patrick Ta Beauty Announces Former Estee Lauder Companies Exec Kimberly Villatoro as New CEO. The industry veteran most recently served as vice president and general manager of Smashbox and Glamglow in North America (Global Cosmetic News).