3 in 15 Days, LVMH Fund Invests in Another Skincare Brand

Today, according to Business of Fashion, L Catterton, a private equity firm under LVMH, is acquiring a minority stake in the luxury skincare brand Eighth Day through its platform, Elevate Beauty. This investment will help the brand expand its management team, diversify its product offerings, and strengthen its global influence.

Eighth Day was founded by dermatologist Dr. Antony Nakhla in 2018. The brand gained attention in 2021 when it collaborated with Violet Grey to launch a regenerating serum, and it has since expanded its product range to include eye creams and cleansers. It is worth noting that this minority stake acquisition by L Catterton marks the brand’s first external funding.

Nakhla, the founder and CEO of Eighth Day, stated, “L Catterton’s capital and expertise will bring our brand into the luxury market and provide an opportunity for the brand to scale.”

It is noteworthy that in the past half-month, L Catterton has announced the acquisition of a minority stake in the Swedish haircare brand Maria Nila and the luxury skincare brand Eighth Day. Additionally, on September 16, L Catterton’s first RMB fund and CITIC CLSA Capital jointly led the investment in Jiangsu Chuangjian Medical Technology Co., Ltd.



Subscribe for unlimited readership of the most professional, comprehensive and unbiased articles backed by data.
Starting at $8.33 per month if you subscribe a Pro Annual Plan


Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.


Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Subscribe Yearly Member to Read More