Reformation Valued at $886 Million in NYSE Debut
The Permira-backed womenswear retailer and some of its shareholders had raised $211 million in its IPO on Wednesday, with shares opening at $15 apiece.
cosmetics
Beauty
Advent’s Tricia Glynn on Finding the Winning Ingredients for Beauty’s Deal-Makers
From her vantage point as managing partner at a global private equity firm, Glynn explores for The State of Fashion: Beauty the enduring opportunities beauty provides investors.
Advent’s Tricia Glynn on Finding the Winning Ingredients for Beauty’s Deal-Makers
From her vantage point as managing partner at a global private equity firm, Glynn explores for The State of Fashion: Beauty the enduring opportunities beauty provides investors.
Beauty
Mass Brands Are the Next Wave of Beauty M&A
Lines found in Target, CVS and Walmart have found success with stylish packaging and ingredient-forward storytelling at a low price point. That makes them hot commodities for would-be acquirers.
Mass Brands Are the Next Wave of Beauty M&A
Lines found in Target, CVS and Walmart have found success with stylish packaging and ingredient-forward storytelling at a low price point. That makes them hot commodities for would-be acquirers.
Beauty
Kering’s Beauty Strategy Comes Into Focus
This week, Kering’s beauty strategy came into focus when the world’s second largest luxury fashion group announced that it is acquiring the niche fragrance brand Creed at a price close to $3 billion.
Kering’s Beauty Strategy Comes Into Focus
This week, Kering’s beauty strategy came into focus when the world’s second largest luxury fashion group announced that it is acquiring the niche fragrance brand Creed at a price close to $3 billion.
Beauty
What Will Be Beauty’s Next Big Deal?
Kering’s reported multi-billion dollar acquisition of Creed is just the latest blockbuster beauty deal – and the industry shows no signs of slowing down.
What Will Be Beauty’s Next Big Deal?
Kering’s reported multi-billion dollar acquisition of Creed is just the latest blockbuster beauty deal – and the industry shows no signs of slowing down.
Beauty
Boohoo Urges Revolution Beauty to Call General Meeting Over Board Changes
Boohoo, Revolution Beauty’s top shareholder, urged the beauty products retailer to call for a general meeting without further delay to remove executives including CEO Bob Holt from the board, a day after he was reappointed.
Boohoo Urges Revolution Beauty to Call General Meeting Over Board Changes
Boohoo, Revolution Beauty’s top shareholder, urged the beauty products retailer to call for a general meeting without further delay to remove executives including CEO Bob Holt from the board, a day after he was reappointed.
Beauty
Why Beauty’s Challenger Brands Need to Rev Up Growth
For many emerging beauty brands, the early days of getting up and running has been the relatively easy part. Now, they need to confront even greater challenges to continue their growth trajectories, according to The State of Fashion: Beauty.
Why Beauty’s Challenger Brands Need to Rev Up Growth
For many emerging beauty brands, the early days of getting up and running has been the relatively easy part. Now, they need to confront even greater challenges to continue their growth trajectories, according to The State of Fashion: Beauty.
Beauty
Il Makiage Parent Oddity Files to Go Public
Israel-based beauty tech company Oddity filed a registration statement with the US Securities and Exchange Commission for an initial public offering under the ticker “ODD” this week. The number and price of shares to be offered is yet to be determined.
Il Makiage Parent Oddity Files to Go Public
Israel-based beauty tech company Oddity filed a registration statement with the US Securities and Exchange Commission for an initial public offering under the ticker “ODD” this week. The number and price of shares to be offered is yet to be determined.
Beauty
Why Kering Chose Creed for Its First Big Beauty Acquisition
Kering will acquire 100 percent of the luxury niche fragrance brand controlled by BlackRock Long Term Private Capital Europe and current Chairman Javier Ferrán in an all-cash transaction.
Why Kering Chose Creed for Its First Big Beauty Acquisition
Kering will acquire 100 percent of the luxury niche fragrance brand controlled by BlackRock Long Term Private Capital Europe and current Chairman Javier Ferrán in an all-cash transaction.
Beauty
Harry Styles’ Pleasing Taps Shaun Kearney as CEO
Pleasing, founded by musician Harry Styles, has tapped Shaun Kearney, former chief design and merchandising officer at Gwyneth Paltrow’s Goop as its first CEO.
Harry Styles’ Pleasing Taps Shaun Kearney as CEO
Pleasing, founded by musician Harry Styles, has tapped Shaun Kearney, former chief design and merchandising officer at Gwyneth Paltrow’s Goop as its first CEO.
Beauty
Unilever’s New CEO May Need to Get Radical for a Company Turnaround
Hein Schumacher will soon inherit a company that has failed to deliver sustainable sales growth despite powerful brands and enviable positions in emerging markets. Schumacher must reverse that underperformance. If he can’t achieve it within the company’s current structure, he must look at a more radical solution: a breakup.
Unilever’s New CEO May Need to Get Radical for a Company Turnaround
Hein Schumacher will soon inherit a company that has failed to deliver sustainable sales growth despite powerful brands and enviable positions in emerging markets. Schumacher must reverse that underperformance. If he can’t achieve it within the company’s current structure, he must look at a more radical solution: a breakup.
Marketing
How Brands Make Community More Than a Buzzword
A growing number of beauty brands are including loyal customers in the product development process and offering ways for fans to directly benefit from their growth.
How Brands Make Community More Than a Buzzword
A growing number of beauty brands are including loyal customers in the product development process and offering ways for fans to directly benefit from their growth.
Beauty
Advent International Acquires Parfums de Marly and Initio Parfums Privés
The private equity firm has taken a majority stake in Sprecher Berrier Group of Companies, the parent company of niche fragrance lines Parfums de Marly and Initio Parfums Privés.
Advent International Acquires Parfums de Marly and Initio Parfums Privés
The private equity firm has taken a majority stake in Sprecher Berrier Group of Companies, the parent company of niche fragrance lines Parfums de Marly and Initio Parfums Privés.
The News in Brief
Puig Reports First-Half Revenue Growth After Estee Lauder Talks End
The Spanish beauty company reported first-half revenue growth on strong demand for makeup from Charlotte Tilbury.
Canada Goose Beats Revenue Estimates as Demand Holds Up
The outerwear brand beat expectations for first-quarter revenue, but new US tariffs on Canadian could affect future earnings.
Steven Madden Tops Expectations and Lifts Full-Year Outlook
The retailer raised its full-year revenue forecast again as its integration of luxury brand Kurt Geiger last year provided a tailwind.
Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.