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Argentum Apothecary Closes New Funding from USHOPAL

November 10, 2021 BeautyMatter
November 10, 2021
Argentum Apothecary

London-based Argentum Apothecary received a new financing round from China's leading luxury brand management group USHOPAL.

WHO: Founded by Joy Isaacs in 2011, Argentum Apothecary consists of a luxury range of products from natural origins, delivering groundbreaking science to become a leader in modern skincare. After years of research in the field of dermo-cosmetics, the brand has formulated a globally patented fusion of two vital ingredients, Silver Hydrosol and DNA HP.

The result is a natural, super-hydrating range of products that improves fine lines, wrinkles, and the skin's overall texture. Inspired by the Chinese philosophy of yin-yang, the brand balances their groundbreaking science with the psychology of beauty by using symbolism and poetry through their 12 archetypes to inspire beauty through balance.

Founded in 2017, USHOPAL is a brand acceleration group that partners and invests in the next generation of luxury brands in the beauty and wellness space. The group has successfully developed brands such as Chantecaille, Natura Bisse, and Juliette has a Gun. USHOPAL, one of the lading beauty and wellness brand groups in China, also owns the retail chain Bonnie&Clyde. Located in top-tier department stores across China, USHOPAL works with brands exclusively sold at high-end retail outlets such as Harrods from London, Le Bon Marché from Paris, and Neiman Marcus from New York.

WHY: Through USHOPAL's own luxury retail chain Bonnie&Clyde, this injection of capital will help growth in Asia and reinforce its position in the global market.

IN THEIR OWN WORDS: Argentum Apothecary founder and CEO Joy Isaacs said, "We have always had a strong connection with China, and we've seen incredible brand growth in the past few years. As one of the leading brand management groups in China, we believe the forge of this partnership will shape the future of Argentum in Asia and the world."

DETAILS:

  • London-based Argentum Apothecary received new financing from USHOPAL.
  • In July 2021, USHOPAL made a minority investment in niche fragrance brand Juliette has a Gun.
  • In March 2020, USHOPAL closed a $100 million round of financing with FountainVest and Cathay Capital to support its portfolio expansion in China and the Asia Pacific.
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