Should you observe #beautytok, #beautytube or any magnificence content material on social media platforms, you realize that fashionable product tendencies are onerous to maintain up with. Summer season Worldwide stays forward of the sport by figuring out probably the most influential content material creators, and dealing with them to incubate new manufacturers. Based in Singapore and based mostly in Los Angeles and South Korea, Summer season Worldwide introduced at the moment it has raised a $5 million seed spherical from buyers together with GDP Ventures, Teja Ventures, Gushcloud Worldwide and Singaporean angel buyers Koh Boon Hwee and Shirley Crystal Tan.
NYX founder and Bespoke Magnificence Manufacturers CEO Toni Ko may also be a part of Summer season Worldwide as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.
Summer season Worldwide co-founder and CEO Xiaoski Kuik stated the corporate’s aim is to create an ecosystem to assist influencers and creators launch and promote magnificence manufacturers utilizing client information and analytics. It operates in the US, South Korea, Singapore, the Philippines and Indonesia.
The corporate launched in 2018 together with Gushcloud Worldwide, an influencer advertising and marketing agency. Since then, Summer season Worldwide has incubated manufacturers like skincare line Child Face with Singaporean influencer Jamie Chua, who has over 1.2 million followers, and wellness manufacturers HANJAN, which launched in April at Coachella and lately struck a partnership with singer Nicole Scherzinger.
Kuik instructed TechCrunch that Summer season Worldwide seems for creators and influencers who’ve a robust reference to their viewers based mostly on engagement charges, how lively they’re a video-first platforms and whether or not they have a robust localized group and international presence.
“Many occasions, creators search us out due to our attain and assets,” she stated. “Now we have our personal provide chain and now we have the facility to distribute manufacturers throughout Asia by way of our social commerce and dwell distribution platforms. Our aim is to determine these high influencers as founders of the next-gen magnificence, skincare and wellness manufacturers and to offer them with the entry and vital assets they should break into the market.”
Different corporations that additionally work with creators to launch manufacturers embody Pietra and Forma Manufacturers. Ko stated Summer season Worldwide differentiates by proudly owning its personal distribution community and it additionally has a community of dwell commerce and social commerce distributors, primarily micro influencers based mostly in Southeast Asia.
“It provides us the flexibility to know information of what shoppers need and would purchase and this enables us to collaborate with creators to construct manufacturers in a extra cost-efficient method,” Kuik stated. Summer season Worldwide’s dwell commerce distribution community helps it perceive what manufacturers and merchandise shoppers from totally different components of Southeast Asia need to purchase. It additionally supplies information factors like pricing and demographics to create new manufacturers and market them.
Summer season Worldwide manufacturers are offered via a mixture of digital and offline channels, together with e-commerce platforms, social and dwell commerce platforms and massive field shops. They’re additionally accessible on Summer season.retailer, the corporate’s proprietary social commerce community.
