Titan VCT portfolio company story: Skin+Me
Skin+Me combine medical expertise and technology to offer personalised treatment plans on a subscription basis.
What is Skin+Me?
Pioneering a skincare revolution, Skin+Me combine medical expertise and technology to offer personalised treatment plans on a subscription basis. Through an online consultation, customers are prescribed a bespoke treatment plan and presented with a fully customised skincare routine, without requiring a trip to the dermatologist. The high-quality products are developed by industry experts and tailored to address the specific needs of the consumer, whether that be acne, ageing, melasma, rosacea or hyperpigmentation.
Why we like it
The global personalised skincare market was valued at $17.2 billion in 2021 and is expected to hit $38.9 billion in 20301. The momentum behind this growth is largely driven by consumers dismissing the one-size-fits-all approach. There is also an increased awareness of sustainability among consumers, whereby Skin+Me strive to challenge industry standards. By using recyclable packaging and offering personalised solutions that are made-to-order, it means not a drop goes to waste.
Key risks to remember
Please remember that the value of an investment in Octopus Titan VCT, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest.
Tax treatment depends on individual circumstances end may change in the future. Tax reliefs depend on the VCT maintaining its qualifying status.
VCT shares could fall or rise in value more than other shares listed on the main market of the London Stock Exchange. They may also be harder to sell.
Investors should only subscribe for shares on the basis of information contained in the prospectus and Key Information Document (KID), available on the Titan VCT product page. Company examples are for illustrative purposes only and should not be considered an investment recommendation.
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1 Global Personalized Skincare Market worth $38.9 billion by 2030, InsightAce Analytic, January 2022.