Jan. 19, 2017
Management / Financial Result
Product / Brand
Shiseido Acquires a U.S.-based Start-up, MATCHCo, through Its Regional Headquarters, Shiseido Americas
• Award-Winning Beauty App Empowers Consumers Through Customization
• Creates Opportunity to Leverage MATCHCo’s Platform Technology and Digital Insight Tools Across Shiseido’s Portfolio
JANUARY 18, 2017 (January 19 JST) – Shiseido Company, Limited (”Shiseido”), announced today that its regional headquarters and consolidated subsidiary, Shiseido Americas Corporation (Delaware, USA; ”SAC”), has acquired MATCHCo (California, USA), a privately-held company utilizing revolutionary technology and innovative digital tools to provide consumers with individually customized foundation at scale.
The synergy of MATCHCo’s innovative digital tools and Shiseido Group’s R＆D capabilities will help to enhance a business model that captures a major consumer trend: cosmetics customization.
Founded in 2013 by personalization and technology experts Dave Gross and Andy Howell and backed by patented technology, MATCHCo lets customers scan their unique skin tones through its mobile app and uses the data collected to individually blend a perfectly matching custom foundation for each consumer. The MATCHCo app is currently distributed through Apple’s App Store and was featured as ”Best New App” and ”Best of November” at launch in November 2015. Since then, it has also received beauty breakthrough awards from Teen Vogue, Good Housekeeping and others.
MATCHCo will remain based in California, with its engineering team in Palo Alto and its marketing and operations hub in Santa Monica, and will become part of Shiseido’s Global Makeup Center of Excellence, led by Jill Scalamandre and based in New York.
Customized, Digital, Direct-to-Consumer Growth Model Roll-out
Combined efforts of MATCHCo and Shiseido Group will result in a roll-out and enhancement of a business model that quickly responds to changes in consumer needs and the rapidly growing market.
Expected results include:
・ increasing focus on customization of cosmetic products;
・ advancing digital technologies aimed at consumer skin measurement and analysis;
・ expanding direct marketing; and,
・ improving consumer marketing by gathering insight through direct contact.
Shiseido is already taking steps to reinforce its Skincare, Makeup, Fragrance and Digital Centers of Excellence (COE). Collaboration among these COEs will take this model beyond its initial category, skin foundation, and further drive business expansion.
Comment by Shiseido CEO Masahiko Uotani
“We are thrilled to welcome MATCHCo, a company possessing innovative digital technologies, into our Group. Creating innovations is an area of special strategic focus for Shiseido Group, and we look forward to offering more unique value to consumers around the world. This will now be made possible through accelerated innovation in rapidly evolving digital tools and customized products.”
Comment by SAC CEO Marc Rey
”MATCHCo is a truly unique company with a transformational technology platform, go-to-market strategy and approach to engaging with consumers. We are very excited to leverage their technology and tools across Shiseido’s brand portfolio and continue to build on their innovation.”
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