Kevin Murphy Appoints New CEO
The Australian hair care brand has named Elisa Fischer its new global chief executive as it looks to push deeper into international markets.
mergers-acquisitions
Beauty
The Truth About Violet Grey’s Acquisition Plans
Chief executive Sherif Guirgis set the record straight about the company’s acquisitions, and shared his growth plans with The Business of Beauty exclusively.
The Truth About Violet Grey’s Acquisition Plans
Chief executive Sherif Guirgis set the record straight about the company’s acquisitions, and shared his growth plans with The Business of Beauty exclusively.
Beauty
Introducing Full Coverage, a Beauty Newsletter From Priya Rao
The Business of Beauty’s executive editor is bringing back her weekly newsletter, and diving into how shifting ideals, new players and cultural movements are transforming the multi-billion-dollar beauty and wellness industries.
Introducing Full Coverage, a Beauty Newsletter From Priya Rao
The Business of Beauty’s executive editor is bringing back her weekly newsletter, and diving into how shifting ideals, new players and cultural movements are transforming the multi-billion-dollar beauty and wellness industries.
Beauty
Byoma Acquired by Bansk Group
The viral skincare brand, popular with Gen-Z for its affordable formulas and trending ingredients, is the latest to join Bansk’s growing beauty portfolio which also includes hair-care line Amika.
Byoma Acquired by Bansk Group
The viral skincare brand, popular with Gen-Z for its affordable formulas and trending ingredients, is the latest to join Bansk’s growing beauty portfolio which also includes hair-care line Amika.
Beauty
KKR Buys South Korea’s Samhwa in $528 Million Deal
The deal comes as South Korea’s cosmetics industry gains global popularity and ranks among the world’s top cosmetics exporters.
KKR Buys South Korea’s Samhwa in $528 Million Deal
The deal comes as South Korea’s cosmetics industry gains global popularity and ranks among the world’s top cosmetics exporters.
Retail
Mytheresa Announces Layoffs at Yoox-Net-a-Porter
The German e-tailer said 700 employees will be impacted by an ongoing restructuring as the company integrates YNAP into its new parent organisation, LuxExperience.
Mytheresa Announces Layoffs at Yoox-Net-a-Porter
The German e-tailer said 700 employees will be impacted by an ongoing restructuring as the company integrates YNAP into its new parent organisation, LuxExperience.
Beauty
Sonoma Brands Invests in British Beauty Distributor Discovered Brands
On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Glow Recipe and Briogeo.
Sonoma Brands Invests in British Beauty Distributor Discovered Brands
On Wednesday, the American private equity firm announced its minority investment of around $15 million in the London-based distributor which works with buzzy brands such as Ouai, Glow Recipe and Briogeo.
Retail
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore
The billionaire Sir Jim Ratcliffe’s Ineos purchased the struggling British motorcycle gear brand for an undisclosed sum.
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore
The billionaire Sir Jim Ratcliffe’s Ineos purchased the struggling British motorcycle gear brand for an undisclosed sum.
Beauty
Indie Skincare Brand Bubble Hires Investment Bank
The maker of affordable products like Slam Dunk Moisturiser and Soft Launch cleanser has hired the investment bank Centerview to explore its growth options, founder Shai Eisenman confirmed to The Business of Beauty.
Indie Skincare Brand Bubble Hires Investment Bank
The maker of affordable products like Slam Dunk Moisturiser and Soft Launch cleanser has hired the investment bank Centerview to explore its growth options, founder Shai Eisenman confirmed to The Business of Beauty.
Luxury
Report: Canada Goose Receives Take-Private Bids at $1.4 Billion Valuation
Controlling shareholder Bain Capital, which is looking to offload its stake, has received multiple bids to take the luxury outerwear brand private at a valuation around $1.4 billion, but is waiting for more offers, CNBC reported on Tuesday.
Report: Canada Goose Receives Take-Private Bids at $1.4 Billion Valuation
Controlling shareholder Bain Capital, which is looking to offload its stake, has received multiple bids to take the luxury outerwear brand private at a valuation around $1.4 billion, but is waiting for more offers, CNBC reported on Tuesday.
Beauty
Olaplex Acquires Biotech Firm Purvala
In its first-ever acquisition, the hair care brand has purchased a biotechnology laboratory founded by an MIT professor to further its research and development capabilities.
Olaplex Acquires Biotech Firm Purvala
In its first-ever acquisition, the hair care brand has purchased a biotechnology laboratory founded by an MIT professor to further its research and development capabilities.
Retail
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.
UK Luggage Brand Antler Acquires Paravel in Liquidation Sale
The Strandbags-owned company is expanding its global portfolio by scooping up Paravel’s IP, betting on fashion-led branding and new categories to stand out in a crowded luggage market.
Retail
Guess Will Go Private in $1.4 Billion Deal With Authentic Brands
Shareholders will get $16.75 a share in cash, a 26 percent premium to the stock’s closing price on Tuesday.
Guess Will Go Private in $1.4 Billion Deal With Authentic Brands
Shareholders will get $16.75 a share in cash, a 26 percent premium to the stock’s closing price on Tuesday.
The News in Brief
Mco Parent VidaCorp Rebrands to Axia Beauty Group
The company, which also owns brands Nude by Nature and Poni, also announced its new global headquarters and chief marketing officer.
Fayed Abuse Victims Seek Up to £150 Million From Harrods
The retailer currently has a £62 million provision set aside for redress payments, but victims’ lawyers say more is likely needed.
Puig Acquires Sun Care Brand Isdin
The conglomerate bought its former partner’s 50 percent share to take full ownership of the Spanish skincare label.
Hugo Boss Chairman to Step Down Amid Frasers Group Pressure
Stephan Sturm is stepping down, as the German fashion house's largest shareholder seeks to beef up its board representation alongside its takeover bid for the brand.
CFDA’s Steven Kolb Involved in Altercation with PETA Protestors
The trade body’s president physically restrained animal rights activists after they stormed a Cos runway show at New York Fashion Week.
GQ Philippines Names Danyl Geneciran Editor in Chief
The former Vogue Man Philippines editor will helm GQ’s 23rd international title, whose debut issue features covers starring Darren Criss, Jordan Clarkson and Erwan Heussaff.
Human Made Discloses $3.6 Million Undercover Purchase Price and Long-Term Financial Targets
The Tokyo-listed company will pay $3.6 million in cash for 100 percent of Undercover, with founder Jun Takahashi relinquishing corporate duties to focus solely on design.