Feelunique.com, a UK-based online retailer of premium beauty products, completed a £20m funding round.
Backers included Palamon Capital Partners (which committed £5m) and other two co-investors.
The company intends to use the funds to drive growth in the UK market and finance expansion in Continental Europe by establishing a local presence in France, Europe’s largest beauty retail market.
Founded in 2005 and led by Joel Palix, CEO, and Jim Buckle, COO, Feelunique is an online retailer of premium products in haircare, skincare, cosmetics and fragrances, selling full-permissioned stock from all of the major brands including Chanel, Dior, Lancôme and Estee Lauder.
The company, which recently acquired Parfumeries Rive Droite, a French perfumery chain with four boutiques across France, including a flagship store in Paris, has offices in London, Paris and Jersey and a major distribution centre in Northampton.
It employs 200 people.
FinSMEs
05/04/2016