HAIRCARE

UK-BASED LUXURY HAIRCARE BRAND CHĀMPO RECEIVES PRE SERIES A FUNDING OF $1.2M TO ACCELERATE GROWTH

Chāmpo today announces funding of $1.2m from angel investors with a track record of backing businesses to IPO, and an investment fund backed by the European Investment Bank.

The London based contemporary hair care brand offers high-performance, natural products influenced by the ancient principles of Ayurveda. The products are made without the use of silicone, sulphates or parabens and are vegan and cruelty free, meeting the increasing demand for plant-derived, clean beauty products. The brand has won numerous accolades and awards including Marie Claire Hair Awards, Indy Best Buy and Women’s Health Beauty Awards. The range is currently stocked in Harrods and available direct at www.champohaircare. com.

Having historically focused on the UK direct to consumer market, Chāmpo will use the funds raised to support channel expansion, international roll out and new product development.

The transaction was advised by PwC Raise | Ventures, who partner with investors seeking quality deal flow and high growth businesses looking for investment to scale.

Kuldeep Knox, Founder and Chief Executive Officer of Chāmpo, commented:

“The global hair care market is at a really exciting and pivotal point in time. People are willing to pay more for superior products and expect different things from their shampoo than they did five years ago. They want a product which is intelligent, aesthetically pleasing and uses high quality natural ingredients. The global hair care market is tipped to grow from $75bn in 2020 to $113bn by 2028, driven by a demand for healthier, shinier and stronger hair. Our widening range of products are well positioned to meet this demand. Our thanks to the European Investment Bank and our angel investors for supporting our growth ambitions.”

Steve Brandon ex-Deloitte Partner, Chāmpo and Funding Circle angel investor, commented:

“Kuldeep has established a thriving brand in a high growth market segment and having enjoyed previous investment success with consumer brands at a similar stage, I knew this was an opportunity not to be missed. I look forward to supporting Kuldeep through the next stage of business growth and beyond.”

James Cheeseman, Ex Board Director at ESPA, advisor to Chāmpo commented:

“It’s been impressive to see the strong, profitable revenue growth at Chāmpo, driven by increasing customer acquisition and high repeat purchase rates, reinforcing the strong proposition the team have created and setting a great foundation for future expansion.”

Edward Reid, PwC Raise | Ventures commented:

“We are delighted to have worked with Kuldeep and the team at Chāmpo on securing their pre-Series A funding. The business is on an upward trajectory and we are excited to continue working with the team through their Series A and beyond.”

For further information, please contact champo@b-theagency.com

haircare Fitness & Beauty Update Pantene launches NEW day and night serums, inspired by your skincare routine

Pantene introduces first ‘power couple for hair,’ designed to work together to reduce damage and promote shinier, healthier hair and 7 days of repair in 8 hrs (available now in Boots stores across the UK, RRP £19.99)

It’s time to feel the glow as Pantene introduces NEW day and night serum power couple, infused with Baobab nutrient blend, hyaluronic acid and Biotin, transforming chronically dry hair into locks overflowing with healthy shine. Pantene’s first ‘power couple for hair’ consists of day and night serums proven to leave hair shinier and reduce breakage with 24 hours of hydration. Inspired by skincare, the Thirsty Ends Quencher day serum locks in 72 hours of hydration in just one use, followed by the Overnight Beauty Reset serum, activating the repair of 7 days worth of damage in just 8 hours whilst you sleep. So how do they work? Pantene’s Thirsty Ends Quencher Day serum works all day to instantly hydrate in just one use for softer hair, melting into every strand with a milk to water formula that smooths split ends and quenches even the thirstiest hair, for 72hour smooth looking hair. Getting to work while you sleep, the Overnight Beauty Reset is the first overnight active serum treatment for damaged hair, proven to reverse 7 days of damage in just 8 hours. Our nutrient-rich formula, features Biotin and Baobab essence, Hyaluronic Acid, Vitamin C and Pro-V so you can enjoy your beauty sleep and wake up to hydrated, visibly repaired, softer hair. Dr Jeni Thomas, Pantene Principal Scientist says: “Being rooted in vitamins and nutrients, Pantene is a brand focused on hair health, constantly on the lookout for new sources of nutrients to get the healthiest and most beautiful results. That is why we are so excited to be bringing the inherent moistening properties of Baobab Essence to help everyone suffering from dry hair. It’s even more exciting that Pantene are bringing it in a completely new hair power couple that works together to make a true transformation so people everywhere can see the glow with hair so hydrated it shows.”

Both serums feature the Hydrating Baobab Nutrient Blend, the pro-vitamin B5 formula infused with a 100% organic, vitamin-rich, cold-pressed essence from the Baobab seed. Known as the “tree of life”, the Baobab thrives in extremely dry conditions by storing remarkable amounts of water to survive years, even decades, of drought. The cold-pressed oil from the seeds naturally falling from the tree is tested and certified by Swiss Vitamin Institute as a high-quality source of Vitamin E, a powerful hydrating nutrient. Hydrate, re-set, glow. The Hydra Serums are available from the 12th January in Boots, RRP £19.99 (£9.99 - 50% deal)

Links to purchase:

www.boots.com/pantene-milk-to-water-serum www.boots.com/pantene-8h-active-serum-overnight

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BARCLAY WOLF Hair Extensions® is an award-winning hair extensions company based in the UK. The company manufactures a revolutionary product Invisible Keratin Bond as well as traditional application methods that create perfectly blended length and volume. The Barclay Wolf concept was launched in 2015 with over 50 years of combined experience in the arena. Since that time, hair extensions have become the most requested salon service to date. The growth in the hair extensions market continues to be driven by innovative new products which save time and therefore salon overheads, as well as increased profits and returning clientele. After the extremely successful, game-changing product BARCLAY WOLF Invisible Keratin Bond™, a revolutionary new attachment method that allows the application of hair to the temples, fringe, partings and crown, which has taken the extensions industry by storm, the company have just launched their system of Scalp Micropigmentation to the hairdressing and barber industry.

BARCLAY WOLF Scalp Micropigmentation or SMP is an advanced method of cosmetic pigmentation. Instant results can be achieved that can last years, offering hair-loss solutions to male and female clients. SMP is perfect for clients who have fine or thinning hair and do not want to wear a hair-piece or ‘topper’ unit. It also gives incredible results when used in conjunction with BARCLAY WOLF Invisible Keratin Bond™.

While similar to traditional tattooing, Scalp Micropigmentation is also unique in a variety of ways. It involves the use of specialized equipment and techniques to inject pigment into the scalp as a series of fine dots. The normal skin-tone colour of the scalp can clearly be seen when the client has fine hair, these dots darken the scalp to disguise the skin with guaranteed results.

Each treatment is specifically tailored to the clients’ exact skin colour and type. Barclay Wolf provide full training as well as certified accreditation required for some Local Authorities, and two different SMP machines to suit your business and your clients’ requirements.

Not just scalp micropigmentation... Both machines can be used for; scalp micropigmentation, densification and scar coverage. For salons who also offer beauty services, the BARCLAY machine can also be used for; brows, lips and skin rejuvenation although further training will be required. MICROPIGMENTATIONLAUNCH SCALP HAIR EXTENSIONS BARCLAY WOLF