Cove Aesthetics Medispa, a subsidiary of Singapore Exchange S68 (SGX)-listed Livingstone, has announced a strategic partnership with Skin Inc. Supplement Bar to provide personalised skincare solutions.
The partnership will tap on Cove Aesthetics Medispa’s expertise in advanced medical aesthetics and leverage Skin Inc.’s database of over 1 million skin and wellness profiles including over 250,000 face scans. The database from Skin Inc. stems from its partnership with +SABI AI Corp. The scans will enable the brands to create personalised, data-driven skincare recommendations for their customers, reads the release.
"Beauty is from the inside out, and we are excited to partner with Skin Inc, a brand that shares our commitment to innovation and personalized care. Together, we can offer our clients a truly transformative experience that goes beyond traditional aesthetic treatments,” says Dr. Rachel Lim, director and medical advisor at Cove Aesthetics Medispa.
“Our partnership with Cove Aesthetics aligns perfectly with our vision of providing 360-degree comprehensive skincare solutions. By combining our expertise in skincare formulations with Cove's medical aesthetics, we can deliver unparalleled results to our customers. We are excited to leverage our AI-driven insights to enhance the skincare journeys of our clients,” adds Sabrina Tan, CEO of Skin Inc.
The partnership is not expected to materially impact Livingstone’s net tangible assets (NTA) or earnings per share (EPS) for FY2025 ending March 31, 2025.
Shares in Livingstone closed 0.1 cent lower or 3.33% down at 2.9 cents on Oct 4.