Sales jumped nearly 15% last year.

Luxury Brand Partners develops and nurtures prestige artist-driven beauty brands, with a focus on innovation and a passion for the creative mind. With offices in Miami and New York City, its portfolio of companies, including R+Co, R+Co Bleu, One Size Beauty, IGK and In Common, offer high-performance products and top-of-the-line education informed by both an artistic and a business perspective. The management team has a long history of building iconic brands and leverages its knowledge of salon professionals and the end-consumer to create lines that meet their needs.

The company’s biggest launch this year was R+Color, a professional hair care range focused on performance, sustainability and stylist wellness.

In other news, Luxury Brand Partners rolled out One/Size Beauty that continues to be one of the fastest growing makeup brands developed with an inclusive approach to beauty.

Sales: $276 million

Luxury Brand Partners (LBP) is a beauty company with products sold in 20 countries and across retail and professional channels including salons, Sephora, Ulta Beauty, Net-a-Porter, Neiman Marcus and more.
At press time, Chamberlain Coffee and LBP’s IGK brand rolled out a limited-edition Matcha Dry Shampoo. The co-branded product will be an iteration of IGK’s popular Direct Flight Multi-Tasking Matcha Dry Shampoo with exclusive packaging, and will be available for purchase at Ulta retail stores, Ulta.com, Chamberlaincoffee.com, and Igkhair.com through December 2023. The Matcha-infused dry shampoo will serve to absorb hair oil, preserve style and add light touchable texture without grit, according IGK.

“We’re thrilled to be partnering with IGK for this collaboration and stepping into the hair care space for the first time ever,” said Chamberlain Coffee Chief Marketing Officer Liz Ahern. “IGK is a powerhouse brand, so to be able to partner with them to bring this product to life inspired by our best-selling Matcha Green Tea powder is really exciting for us. We look forward to sharing it with our fans, as well as theirs, and continuing to give people unique ways to experience Chamberlain Coffee.”

“As long-time fans of Chamberlain’s Matcha Green Tea, we saw this as the perfect way to connect the passionate fans of Chamberlain Coffee with the vibrant IGK community. It’s a great way to highlight wellness and beauty—from both the inside and outside,” added Dan Langer, group president prestige hair, LBP.

Sales: $249 million

Luxury Brand Partners (LBP) is a diverse beauty collective with products sold in 20 countries and across retail and professional beauty channels including salons, Sephora, Ulta Beauty, Net-a-Porter, Neiman Marcus, Kith, Space NK and Blue Mercury.

This year, LBP took its IGK hair care brand to the next level with influencer and metaverse social media expansion. Professional skateboarder, Olympian and six-time X Games Gold Medalist Leticia Bufoni partnered with IGK Hair Care to work with the brand on content creation and community development to reach a new, untapped audience.

In early 2022, IGK debuted IGK Color, which it says is the next generation of at-home permanent hair color designed to give consumers an easy way to achieve salon-quality results at home, with stylist-approved shades. As part of the strategy to introduce the new colors to the world, IGK developed an online scavenger hunt where 25 winners won an exclusive, one-of-a-kind IGK NFT.

Sales: $210 million (estimated)

Luxury Brand Partners describes itself as “part brand incubator, part venture fund, part brand operator and totally unique in the beauty space.”

The company’s current portfolio includes R+Co, Smith & Cult, IGK, V76 by Vaughn and In Common. Previous LBP brands include Oribe Hair Care, Becca and Pulp Riot. LBP says its diverse collective of industry thought leaders and artists works closely with each brand to create innovative, high-performance products with carefully curated ingredients, packaging, fragrance and design. LBP has over 200 employees and its products are sold in 20 countries and across retail and professional beauty channels including salons, Sephora, Ulta Beauty, Net-a-Porter, Neiman Marcus, Kith, Space NK and Blue Mercury.

Last year, the LBP formed a strategic and financial partnership with Bookend Capital Partners, an investment fund helmed by Alexander Panos, formerly of TSG Consumer Partners. Panos will join LBP’s board of directors.The $50 million minority investment is part of LBP’s plan for exponential growth in the new decade, including several soon-to-be-announced cutting-edge brands in addition to continuing innovations in the beauty and retail sectors.

R+Co’s roster of hair care products now includes Sunset Blvd, billed as a luxe masque that corrects dull or yellow hues and prevents fading. Colorist and Master Educator Richy Kandasamy, who is part of the R+Co’s Collective, helped develop the formulation, which has naturally derived pigments specifically for blonde, gray and white hair. The deep purple color corrects dull, yellow hues and prevents fading, oxidation and brassiness, while imparting shine. In additon, it has a bright oriental scent with notes of juniper berries, blood orange, rhubarb, leather accord, violet and dark woods.