Supergoop Announces Chief Commercial Officer
The sunscreen label has appointed former Coty executive Jamie Parker to the newly created role as it gears up to become a “global skin health company.”
Private Equity
Latest News & Analysis
Beauty
Exclusive: L Catterton Invests in Ex Nihilo
The LVMH-backed private equity firm has taken a large minority stake in the high perfumery brand, which looks to push deeper into the US market.
Exclusive: L Catterton Invests in Ex Nihilo
The LVMH-backed private equity firm has taken a large minority stake in the high perfumery brand, which looks to push deeper into the US market.
Beauty
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Exclusive: Eurazeo to Shut Down Brand Investment Arm
The French private equity firm, a former investor in Farfetch and Pat McGrath Labs with current stakes in beauty companies like Beekman 1802 and Gisou, is in the process of dissolving its consumer investment arm, sources told The Business of Beauty.
Beauty
Revolution Beauty Rejects Bid From Private Equity Firm, Sources Say
The cosmetic group has rejected a takeover offer from True, a private equity firm, and is now likely to pursue a capital raise from existing shareholders.
Revolution Beauty Rejects Bid From Private Equity Firm, Sources Say
The cosmetic group has rejected a takeover offer from True, a private equity firm, and is now likely to pursue a capital raise from existing shareholders.
Beauty
Beauty’s Hottest New Trend: The Founder Buyback
Original influencer Huda Kattan has regained majority ownership of her namesake beauty brand and sent a message to the greater industry: When it’s time to course-correct, you need your best driver.
Beauty’s Hottest New Trend: The Founder Buyback
Original influencer Huda Kattan has regained majority ownership of her namesake beauty brand and sent a message to the greater industry: When it’s time to course-correct, you need your best driver.
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Direct-to-Consumer
True Classic Secures Investment From 1686 Partners
The men’s T-shirt maker’s funding from 1686 Partners, a private equity firm founded by David Wertheimer, will help the brand invest in supply chain, retail and international expansion as it aims to reach upwards of $1 billion in annual sales in the next 10 years.
True Classic Secures Investment From 1686 Partners
The men’s T-shirt maker’s funding from 1686 Partners, a private equity firm founded by David Wertheimer, will help the brand invest in supply chain, retail and international expansion as it aims to reach upwards of $1 billion in annual sales in the next 10 years.
Beauty
LYS Beauty Secures Eight Figure Series A Investment
The round of funding was led by Encore Consumer Capital, the US-based firm that is banking on the Black-owned clean makeup label becoming the next Tarte.
LYS Beauty Secures Eight Figure Series A Investment
The round of funding was led by Encore Consumer Capital, the US-based firm that is banking on the Black-owned clean makeup label becoming the next Tarte.
Beauty
Nail Care Brand Nails Inc Acquired by Private Equity Firm
The British nail care brand has been acquired by American private equity group Pacific World Corporation, the company announced Monday.
Nail Care Brand Nails Inc Acquired by Private Equity Firm
The British nail care brand has been acquired by American private equity group Pacific World Corporation, the company announced Monday.
Retail
What the Fed’s Big Rate Cut Means for Fashion
The US Federal Reserve’s first interest rate cut since the pandemic will make borrowing cheaper. Ideally, it will ease pressure on some brands and retailers, encourage investment and drive more spending from shoppers.
What the Fed’s Big Rate Cut Means for Fashion
The US Federal Reserve’s first interest rate cut since the pandemic will make borrowing cheaper. Ideally, it will ease pressure on some brands and retailers, encourage investment and drive more spending from shoppers.
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Beauty
A Skincare Routine – for Your Dog
A $99 luxury dog perfume from Dolce & Gabbana ruffled furs, but it’s just one in a string of premium pet care products targeting beauty-savvy, wealthy shoppers.
A Skincare Routine – for Your Dog
A $99 luxury dog perfume from Dolce & Gabbana ruffled furs, but it’s just one in a string of premium pet care products targeting beauty-savvy, wealthy shoppers.
Beauty
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Summer Fridays Announces Growth Investment From TSG Consumer Partners
The influencer-founded beauty brand, known for its hybrid skincare and makeup products, will join private equity firm TSG’s brand roster.
Retail
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Pamela Love Buys Back Her Brand
The jewellery designer sees opportunities in her ear piercing and engagement assortments, seeking new investors to fund this next stage of growth.
Beauty
Beautycounter Will Not Return Until Late 2024
According to an email viewed by The Business of Beauty, the company will be on hiatus while it establishes a sustainable path to return as a new company.
Beautycounter Will Not Return Until Late 2024
According to an email viewed by The Business of Beauty, the company will be on hiatus while it establishes a sustainable path to return as a new company.
The News in Brief
Mytheresa Owner’s Sales Rise as Ultra Wealthy Keep Shopping
LuxExperience posted a rise in sales as the luxury multibrand platform’s strategy of catering to the ultra wealthy helped it navigate a difficult environment for high-end fashion.
The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.