Galderma to Acquire ZO Skin Health for $1.5 Billion
The Swiss firm agreed to purchase the medical-grade skincare company from private equity firm Blackstone and the founding Obagi family to expand its US portfolio.
Beauty
Analysis and advice on the fast-evolving beauty business.
The Pros and Cons of Selling Skin Care in Clinics
Going clinical can be a lucrative way for beauty brands to diversify their revenue streams, but not all businesses are cut out for it.
What Beauty Products Will Consumers Buy in 2021?
Beauty companies preparing for post-pandemic life have accepted that skin care and natural makeup are here to stay — but are still plotting a colour cosmetics comeback.
Is There KVD Beauty Without Kat Von D?
LVMH’s Kendo is revamping the brand, hoping to move past the departure of its controversial founder. But rapidly changing beauty trends and stiff competition may prove even bigger hurdles.
Francisco Costa’s Costa Brazil Acquired by Biotech Company Amyris
The acquisition gives Amyris another consumer brand and Costa Brazil the resources it needs to expand into new markets.
Modernising the Black Hair Care Market
A new wave of start-ups shaking up the textured hair care space are catching the attention of major retailers and investors, grabbing more shelf space and venture capital.
A Livestreaming App Wants to Be a Drama-Free Hub for Beauty
Backed by Sequoia and founded by two former Twitch staffers, Newness aims to foster beauty content, conversation and community.
Why Estée Lauder Is Shutting Down Becca Cosmetics
The 2016 acquisition was already challenged before the pandemic, and the beauty conglomerate is making cuts as it looks ahead at a post-pandemic recovery.
BoF LIVE: How to Sell Skin Care at Every Price
Changing consumer priorities have meant that authentic recommendations and transparency around products is paramount
Why Estée Lauder Is Finally Acquiring Deciem
The American prestige beauty giant’s purchase of the company, best known for $6 serums, is a sign of the increasing blur between drugstore and luxury.
Deciem Valued at $2.2 Billion as Estée Lauder Ups Stake, Plans Acquisition
The beauty conglomerate is increasing its stake in The Ordinary’s parent company to 76 percent, with plans to purchase the rest of the company in three years.
K-Beauty’s Golden Age Is Ending. What Comes Next?
Their 10-step routines, snail serums and sheet masks took the world by storm 10 years ago. Now, Korean beauty brands are facing a fiercely competitive market and need to think outside the box.
For Beauty’s Biggest Players, Science Is Back in Style
L’Oréal, Coty and other beauty companies are betting on skin care lines with technical-sounding names and lab-concocted ingredients to help them pull out of a pandemic slump.
THE NEWS IN BRIEF
Givaudan Sales Beat Expectations on Fine Fragrance Strength
A surge in sales of scents for luxury perfumes and a continued recovery in flavours drove the Swiss firm’s organic sales growth clearly beyond market expectations in the third quarter, lifting its shares on Tuesday.
Isamaya Ffrench Has Departed Namesake Brand
The makeup artist has not been involved with Isamaya Beauty for over a year, sources told The Business of Beauty.
Boots Acquired by Canada’s Weston Family for $8.9 Billion
The Westons agreed on Wednesday to buy the UK's Boots from Sycamore Partners and the Pessina family, pledging to invest in the retailer's stores and online and expand healthcare services.
Report: L’Oréal Explores Unloading Chemical-Related Liabilities
The French company has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall Street Journal reported on Monday.
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.