Sephora Continues to Champion Female-Powered Beauty Businesses in Its Third Annual Sephora Accelerate Cohort

March 8, 2018

The Prestige Beauty Retailer’s Corporate Social Impact Program
Welcomes 13 New Members from Around the Globe for its Largest Initiative
To-Date

SAN FRANCISCO–(BUSINESS WIRE)–#SephoraAccelerate–Sephora, the leader in global prestige beauty omni-retail, remains
dedicated to building the future of innovative female beauty
entrepreneurs around the world. This year, the retailer selected 13 new
Sephora
Accelerate
Cohort members working across three categories:
Merchandising, Technology and Sustainability. In its third year, the
program has expanded to include the largest number of entrepreneurs
to-date from a total of seven countries, including the U.S., Canada,
Mexico, Brazil, and now, France, Switzerland and China.

As an Accelerate cohort in 2018, these female founders will receive
months-long programming, allowing them to acquire the necessary skills
to create and evolve into successful businesses. Specifically, they will
receive in-depth instruction and feedback during a one-week bootcamp
with expert guidance from Sephora and program partners. In addition,
each entrepreneur will have the opportunity to tackle their business
challenges through one-on-one mentoring from Sephora leaders and beauty
industry experts, such as Pamela Baxter, former CEO and President of
Christian Dior Couture and Nancy Twine, Founder and CEO of Briogeo Hair
Care, as well as receive monetary grants to support their business
endeavors. To conclude the 2018 program later this fall, each member
will participate in the Sephora Accelerate Demo Day, giving them a
platform to present their companies to industry experts, venture
partners and senior Sephora leaders with the goal of future business
growth, programming and networking.

“We’re thrilled to welcome these 13 diverse and inspirational female
beauty business CEOs and founders into the 2018 Cohort. Each one of
these women represent immense talent, intelligence and innovative
thinking within their respective fields, and what better way to
celebrate their induction into the Accelerate program than an
introduction on International Women’s Day,” said Corrie Conrad, Head of
Social Impact and Sustainability for Sephora. “We’re proud to offer
these entrepreneurs a comprehensive ecosystem of support to help them
achieve their beauty business objectives, not just with this year’s
programming, but also by leveraging our alumni network that will
continue to increase with each new Cohort.”

As part of SEPHORA STANDS, the company’s broad social impact strategy to
inspire confidence and fearlessness among women, Sephora Accelerate was
created based on the insight that even in an industry where beauty
customers are predominantly female, beauty business women are still
underrepresented. As the program continues to grow year over year,
Sephora Accelerate is on track to support more than 50 women-led beauty
businesses by 2020.

Meet the 2018 Sephora Accelerate Cohort:

TECHNOLOGY

Cathy Han, CEO,

42
Technologies

(U.S.)

42 Technologies is a B2B
turn-key analytics and reporting solution built for omni-channel
retailers, offering full-stack solution and visualization capabilities
that do not require engineering experience from retailer clients.

“A
big part of building a startup is empowering others, both in and
outside of your company. For me, social impact is important because I
see technology as an enabler of people. I want the products we build
to help make technology simple, intuitive, and accessible to everyone.”

Ming Zhao, CEO,

PROVEN

(U.S.)

PROVEN is a new beauty startup that uses artificial
intelligence and machine learning to create personalized skin care
products for consumers. Customers fill out a simple quiz and receive a
unique skin profile based on findings from PROVEN's skincare database.
The database was built using bots to analyze over 8 million customer
reviews, 100,000 skincare products, 20,000 ingredients and 2,000
scientific articles.

“At PROVEN, we believe every woman
is unique and extraordinary, and that her skincare should be too. Our
mission is to build an inclusive beauty brand that uses cutting edge
technology to improve women's everyday lives.”

Nelly Pitt, CEO,

BeautyMix

(France)

BeautyMix is a DIY multi-functional hardware
appliance that creates homemade cosmetics. The appliance can be used
as a standalone or connected to a mobile app where automated recipes
are loaded and the products created are recorded for traceability. In
addition, BeautyMix sells beauty and care boxes that include basic
ingredients to use along with the appliance.

“I left a
successful career in the corporate world because I wanted to build a
company that would fit my values: Caring for my customers,
environment, employees, suppliers, and my community.”

SUSTAINABILITY

Erika Milczek, CEO,

Curie
Co

(U.S.)

Curie Co is a life science company that
engineers biomaterials to replace chemicals banned by the FDA in
consumer products. Our goal is to use biotechnology to democratize
sustainability. We want to bring sustainable goods to everybody.

“One
of the biggest challenges for women is fundraising — it’s almost a
mirror image of the pay gap issue. Women are asking for less, but male
entrepreneurs tend to ask for the biggest number they can possibly get.
A venture capitalist once told me, ‘When women come to me, they’re
usually asking for a smaller check size, and I can’t force them to ask
for more money.’ That was a big a-ha moment for me.”

Kylee Guenther, CEO,

Spectalite

(U.S.)

Spectalite specializes in creating bamboo fiber
composite materials, including a biodegradable product that is durable
and lightweight, creating an eco-friendly plastic alternative for
beauty/retail rigid packaging.

“Being a bamboo fiber
material/packaging supplier gives me a unique opportunity to become
part of the beauty industry, and I’m really happy to see Sephora
putting a focus not only on beauty product entrepreneurs, but also on
the packaging those products go in!”

MERCHANDISING

Cat Chen, CEO,

Skylar
Body

(U.S.)

Skylar Body is a natural
direct-to-consumer fragrance brand offering high-quality ingredients
at an attainable price point. Ushering a new generation of
better-for-you fragrances, Skylar’s artisanal formulas deliver refined
and fresh scents made with natural ingredients from all over the
world. All signature scents are hypoallergenic, cruelty-free, vegan,
and remain free of artificial dyes, parabens, phthalates, and other
harmful chemicals.

“Implementing a social impact
component into our business has always been important to achieving our
mission of empowering women, whether it's through providing
information, making better products, or giving to those in need.”

KJ Miller, Co-CEO,

Mented
Cosmetics

(U.S.)

Mented, short for pigmented, is
an upscale beauty brand for women of color. Mented believes every
woman should be able to find herself in the world of beauty, and their
products help women of all skin tones do just that.

“One
of the biggest challenges as a woman entrepreneur is accessing the
networks that help male founders succeed. We've worked hard to fill
that gap by surrounding ourselves with thoughtful and ambitious female
entrepreneurs and I'm excited to continue doing so with Sephora
Accelerate.”

Brandi Leifso, CEO,

Evelyn
Iona Cosmetics

(Canada)

Evelyn Iona was created
with a mission to build community through products that women use
every single day. The line features green beauty products that fill
the gap of hard-to-find color cosmetics that are good for your skin,
planet and your community.

“The company was brought to
life when I was living in a women’s shelter where I learned first-hand
the impact that conscious choices of strangers can have. Using
conscious lifestyle products is an easy way to help impact your skin,
planet, and community in a positive way. We believe that together we
can create a new standard of living that promotes kindness.”

Iliana Loza, CEO,

Ahal

(Mexico)

With a name that means awakening in Mayan, Ahal
creates 100% organic cosmetic products in Mexico. Ahal formulates,
designs, and manufactures its products in-house while sourcing
conscious and high-quality ingredients locally from Mexico and around
the world.

“Social impact is important to my business
because it demonstrates that our company takes an interest in wider
issues that are beyond profit margins. We believe in programs that
empower young women, and at Ahal, we live it internally.”

Heather Ridout, CEO,

Okira

(Brazil)

Originated in the Northeast of Brazil, Okira is a
range of indulgent, yet responsible, personal care products and fine
fragrance infused with natural ingredients, including essential oils
and responsibly sourced raw honey. With social impact at its core, the
company is developing a program to provide professional development
and work experience that will facilitate socio-economic inclusion and
empowerment for underserved young people.

“As a female
founder of an impact-driven business, gaining credibility with key
stakeholders, suppliers and partners can often be a much slower
process. I have found that many industry actors associate 'social
impact' with 'small scale,' assuming that either the product or the
impact must be compromised for the other to thrive. However, I believe
enduring impact is contingent on a robust, competitive and successful
business.”

Anju Rupal, CEO,

Abhati
Suisse

(Switzerland)

Abhati Suisse represents a
collection of scientifically proven skincare beauty products using the
therapeutic virtues of Swiss botanicals with Himalayan plants from
organic farms and transforming them into luxurious, sustainable and
fair-trade beauty products. Each product sends a girl in India to
school for a week.

“Business is the driving force for
helping us create a better world. The better I perform, the higher the
impact. What better motivation is there?”

Laure Bouguen, CEO,

Ho
Karan

(France)

At Ho Karan, we believe that
cannabis sativa is the most powerful plant that not only can help to
create more sustainable consumer habits, but also healthier and more
harmonious lifestyles. Its cannabis-infused skincare products, made in
France, are natural, vegan, and gender-free. With the line, Ho Karan
hopes to reveal the natural virtues of organic cannabis and its
ability to relieve and sublimate one’s skin and mind.

“I'm
convinced that natural cannabis-derived products are the future of the
cosmetics and well-being industries. The potential of this plant is
enormous and remains largely untapped, especially in Europe. The
vastness of the challenge can be overwhelming. Being accompanied by
one of the world's leading distributors is reassuring and helps me
focus and see the bigger picture.”

Shuting Hu, CEO,

SkinData

(China)

SkinData is a startup that brings cutting-edge
research in biological science to the beauty industry. It is dedicated
to the discovery of naturally-sourced pharmaceutical-grade compounds
that maintain and improve skin health.

“At SkinData, it
is in our mission to give back to local economies where we sourced our
ingredients and to help the communities there create sustainable
ecosystems.”

Please visit
SEPHORA
STANDS
to learn more about the program, its benefits and this year’s
Cohort.

@Sephora @SephoraLife #SephoraAccelerate

About Sephora

Sephora is a leader in global prestige
omni-retail, teaching and inspiring clients to play in a universe of
beauty and wellness, while creating the world’s most loved beauty
community. Having earned its trail-blazing reputation through its
expertise, innovation, and entrepreneurial spirit, it has also been a
pioneer in an unbiased approach to experiential retail since its debut
in North America 20 years ago, a year after its acquisition by luxury
group LVMH Moet Hennessy Louis Vuitton. At Sephora, clients have the
opportunity to play with 14,000 products from 200 carefully curated
brands, access personalized service recommendations at the Beauty Studio
aided by ground-breaking digital innovations, and all supported by
Sephora’s expertly trained beauty advisors found in more than 500 stores
across the Americas, as well as 600 locations inside JCPenney. Clients
can also experience Sephora through an award-winning website, mobile
apps, and access the most inclusive beauty platforms, including the
Beauty Insider Community and @Sephora social media. And those that shop
with Sephora stay rewarded with Beauty Insider, a free to join member
community that offers unique rewards and customized experiences across
three spending tiers. Let’s Beauty Together. For more information,
visit:
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