In Finance, Retail

Oh My Cream raised $6.5 million in a second round of financing from Otium Capital to fund a rapid expansion of the French beauty concept store. Founded in 2012 by Juliette Lévy, after graduating from ESSEC business school, the four-year-old retailer sells a highly curated selection of 1,000 references in its freestanding boutiques in Paris and Provence and online. The concept has a distinctly Space NK or Blue Mercury feel with a French twist. Given the trajectory of these two retailers, Otium obviously feels France is ripe for a retail rollout, with plans to quadruple the footprint to 20 locations within the next year. The retailer will provide an interesting distribution outlet for niche brands looking to enter the French market.

Recent Posts
Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Start typing and press Enter to search