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mergers-acquisitions

Luxury

Report: LVMH in Talks to Offload Marc Jacobs

The group has been discussing deals with parties including Authentic Brands, Bluestar Alliance and WHP Global, the Wall Street Journal reported on Friday.


Beauty

Milk Makeup Owner Waldencast Acquires Dermal Filler Company

The parent company of the cosmetics line and the doctor-led skincare brand Obagi will strengthen its aesthetics offering with the addition of Novaestiq, an injectables maker.


Beauty

TSG Consumer Partners Acquires Phlur

The evocative masstige fragrance brand, relaunched by influencer Chriselle Lim and Ben Bennett’s The Center, will join the private equity firm’s portfolio, The Business of Beauty can exclusively confirm.


Retail

Korean Fashion Retailer F&F Hires Goldman for TaylorMade Acquisition

F&F stated it would take legal action if the owner of the global golf products maker proceeds with a separate sale process.


Beauty

Black-Owned Beauty Label Ami Colé to Close

The brand will shutter in September after four years in operation. Founder Diarrha N'Diaye-Mbaye wrote that it was “clear that continuing in [the] current market wasn’t sustainable."


Beauty

Why Ulta Beauty Bought Space NK

The US retailer’s surprise buyout of the London-based upmarket chain is in line with its recent business overall, which puts global expansion at the core of future growth.


Beauty

Ulta Beauty Acquires Space NK

The deal gives the US specialty retailer a strong footprint in the UK market as it looks to drive international growth.


Retail

Saks Is Ceding Ground to Luxury Rivals After Buying Neiman Marcus

The $2.7 billion acquisition was intended to strengthen the department stores’ positions as luxury giants, but now both are struggling against competitors like Nordstrom and Bloomingdale’s.


Beauty

Who Could Buy Coty’s Brands?

Rumours have swirled in recent weeks that the American cosmetics company is looking to offload its consumer and prestige brands. In a cooling market and with a mixed portfolio, finding buyers is a hard sell.


Beauty

Reliance Retail Invests in Facial Chain Facegym

The partnership will bring Facegym’s signature treatments to the Indian market through both standalone studios and spaces within its Tira beauty stores.


Retail

E-Commerce Firm Jumia Draws Takeover Interest From Axian

A deal between the biggest e-commerce platform in Africa and telecommunications company Axian would help both company expand across the continent.


Retail

Billionaire H&M Founding Family Speeds Up Share Purchases

The Persson family and its related companies owned over 60 percent of H&M's shares at the end of May, prompting speculation the company may return to private ownership.