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.
BoF LIVE: What Will Beauty Retail Look Like Post-Covid-19?
The allure of shopping for beauty products in store was the experience. How is the industry pivoting during this new normal?
Why Clarisonic Failed
The recently discontinued L’Oreal-owned cleansing brush didn’t iterate and innovate, providing a valuable lesson for trendy device brands.
Report: DTC Wellness Brand Hims Seeks Deal to Go Public
The healthcare brand is exploring the potential deal through a merger with a blank-check acquisition company that could value it at more than $1 billion.
Can Patrick Starrr Build the Next Fenty Beauty?
The influencer, known for his over-the-top makeup transformations, will debut his inclusivity-driven line, One/Size, which goes on sale at Sephora today.
Why Black Beauty Supply Stores Usually Don’t Have Black Owners
For generations, Black entrepreneurs have struggled to gain a foothold in the multi-billion-dollar business of selling hair and cosmetics products to Black women. But some see an opportunity for change.
Men’s Makeup Goes Mainstream With CVS Rollout
The drugstore chain is adding Stryx, a cosmetics brand for men, to 2,000 stores.
Coty to Buy 20% Stake in Kim Kardashian West's Beauty Line
The $200 million deal values West's cosmetics company at $1 billion.
Kim Kardashian’s Collaboration With Coty Cosmetics Hits Legal Snag
Kim Kardashian West’s partner for her beauty line won a court order temporarily blocking the reality TV star from sharing trade secrets in their agreement as she pursues a stake sale to rival Coty Inc.
Beauty Giants Bow to Pressure on Skin Lightening Lotions. Is it Enough?
Large conglomerates have come under fire for showing support for the racial justice movement while manufacturing and distributing skin-whitening lotions. Some are taking action, but critics question whether it’s enough.
A Lipstick With Your Pizza? Why Beauty Brands Are Linking Up With Food Delivery Giants
On-demand services have helped the likes of Sephora reach consumers and boost sales in China. But as consumption habits shift, they could have a bigger role to play everywhere.
Why This Black-Owned Beauty Brand Doesn’t Need Sephora
Supa Cent, founder of The Crayon Case, has grown the company into a multimillion-dollar business that’s spawned numerous copycats – without the help of investors or retailers
The Beauty Industry Joins the Corporate Reckoning on Race
Run largely by white executives, companies like LVMH, Coty and Estée Lauder preside over a vital facet of culture: ideal female beauty.
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.