French beauty retailer Oh My Cream! has raised €6m of inward funding in order to pursue its omni-channel expansion plans. It raised the funds via business angel Otium Capital.
The company will use the investment to enlarge its current network of five stores by a further 15 over the next year, Juliette Levy, owner and Founder of Oh My Cream!, told Cosmetics Business.
“They will mainly be in the Paris region,” she said, “in destination locations with a ’1bis’ designation, in areas with a degree of cachet. The surface area will be kept
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