Beauty news and archive

Ulta Beauty announces interim CFO appointment, reaffirms 2025 guidance

Ulta Beauty, Inc. announced a change in its executive leadership, naming Chris Lialios, the company’s senior vice president – controller, as interim chief financial officer, effective immediately. Lialios steps into this role following the departure of Paula Oyibo. The beauty retailer has initiated an external search for a permanent successor,...

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Unilever acquires Dr. Squatch in push for premium men's grooming growth

Consumer goods giant Unilever has announced its acquisition of men’s personal care brand Dr. Squatch from Summit Partners, signalling its intent to pivot further into premium, digitally native brands with cult-like followings. Best known for a portfolio of household staples, from laundry detergent to mayonnaise, Unilever’s push into the...

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Byredo founder Ben Gorham’s exit marks a familiar pattern in beauty M&A

Ben Gorham, the founder and creative force behind Swedish fragrance label Byredo, is stepping away from the brand nearly two decades after its inception and three years after selling a majority stake to Spanish conglomerate Puig, reported Cosmetics Business. Founded in 2006, Byredo evolved from a niche fragrance label into a full-fledged...

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Juicy Couture to expand beauty offerings in the US and Canada

Fashion and lifestyle brand Juicy Couture, part of the Authentic Brands Group portfolio, is expanding its footprint in beauty with a new line of cruelty-free hair, bath, nail and cosmetic products through a licensing partnership with Centric Brands. The new partnership will see Centric’s beauty division design, manufacture and distribute the...

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Frasers Group drops out of Revolution Beauty race

Sports Direct owner Frasers Group has pulled out of the bidding race for Revolution Beauty. The retail giant said in a regulatory filing that it “now confirms that it does not intend to make an offer” for the British cosmetics brand. Revolution Beauty launched its formal sales process last month after receiving a preliminary takeover offer for...

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Sally Beauty Holdings elects Max Rangel to Board of Directors

Sally Beauty Holdings (SBH), the owner and distributor of beauty and hair brands Sally Beauty, Wella, and Matrix, has announced the appointment of Max Rangel to its Board of Directors with immediate effect. “I am honored to join the Board at such an exciting moment in Sally Beauty Holdings’ strategic journey,” said Rangel on his new appointment....

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Coty considering two-part sale, according to industry sources

US-based group Coty Inc., listed in New York and Paris, may be approaching a decisive turning point. According to several industry sources cited by WWD, the cosmetics specialist is considering a partial sale of its businesses, potentially paving the way for a profound restructuring of the company. Two-stage sale According to information gathered...

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Leonard Lauder, beauty mogul who globalised Estée Lauder, dies at 92

Leonard A. Lauder, the visionary behind the transformation of Estée Lauder Companies from a modest family business into a multi-brand global beauty powerhouse, has died at the age of 92. A Wharton graduate and former U.S. Navy officer, Lauder joined the company in 1958 and served as president, CEO, and later chairman emeritus. Under his...

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Frasers Group considers all cash bid for Revolution Beauty

Frasers Group has made a bid for British cosmetics brand Revolution Beauty. With this, Sports Direct’s parent company has joined “a number of parties conducting due diligence as part of the formal sale process”, the brand announced in a regulatory filing. Frasers confirmed its participation in its own filing, where it stated that it is...

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Ted Baker renews licensing deal with KMI Brands

Ted Baker, part of the Authentic Brands Group portfolio, has renewed its global licensing agreement with KMI Brands for its beauty and fragrance offering. KMI Brands, the creator of beauty, fragrance and wellbeing products, has been partnering with Ted Baker for 27 years. The collaboration between the two launched with Ted Baker Skinwear in...

Fashion |Beauty

Charlotte Tilbury signs first US sports partnership

British beauty brand Charlotte Tilbury, part of the Spanish fashion and beauty group Puig, has announced its first-ever sports partnership in the US with the Dallas Cowboys Cheerleaders, the National Football League (NFL) cheerleading squad for the Dallas Cowboys. The move will see Charlotte Tilbury as the Dallas Cowboys Chearleaders’ first-ever...

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E.l.f. Beauty acquires Hailey Bieber's Rhode in billion dollar deal

E.l.f. Beauty, the publicly listed U.S. cosmetics company, has signed a 1 billion dollar agreement to acquire Rhode, the direct-to-consumer skincare brand founded by model and influencer Hailey Bieber. The deal marks a major push by e.l.f. into the prestige skincare space and reflects the brand’s ambitions to expand into new retail channels,...