Oh My Cream! raises €6m to expand store network in France

28-Oct-2016

With the ambition of opening 15 more stores in the next 12 months, Oh My Cream! has secured a financial partner that shares its values

Oh My Cream! raises €6m to expand store network in France

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.

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“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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