Luxury > Mergers and Acquisitions

Private Investment Firm Announces Acquisition of Canadian Beauty Innovator

12 days ago   |   By WWD

Beauty innovator Knowlton Development Corp. might be expanding overseas: The private investment firm Cornell Capital revealed the acquisition of the Canadian beauty manufacturer on Thursday in a bid to go international.
The firm, which manages about $2.5 billion in assets, will acquire KDC for an undisclosed amount. Cornell, which recently partnered with hairstylist and entrepreneur Frédéric Fekkai to acquire Fekkai Brands, said it plans to expand KDC beyond North America, particularly in parts of Asia and Europe.
“KDC fits seamlessly with Cornell's strategy to invest in companies with...
Read more ...

 

Details on Kylie Cosmetics, KKW Fragrance Debuts at Ulta Beauty

12 days ago   |   By WWD

KKW Fragrance has landed its first specialty beauty retail partner - Ulta Beauty.
The fragrance line of Kim Kardashian is headed to Ulta Beauty for the holiday season, hitting stores Nov. 25.
KKW is launching its top four scents with Ulta, which is the exclusive brick-and-mortar retailer for the brand, Tara Simon, senior vice president of merchandising at Ulta Beauty, said at the company's investor day Thursday.
“Much like the conversations with these other digitally native brands, nobody can smell these fragrances...so she's really excited to be partnering with us and we couldn't be more...
Read more ...

 

Ami Evelyn Hughes is the artist making space for raw, clumsy beauty

Ami Evelyn Hughes is the artist making space for raw, clumsy beauty

12 days ago   |   By Dazed Digital

The Dazed Beauty Community is our ever-expanding encyclopaedia of creatives and emerging talent from across the world who are redefining the way we think about beauty. From supermodels to digital artists to makeup prodigies transforming themselves in their bedrooms, these are the beauty influencers of tomorrow who embody everything Dazed Beauty is about. Discover them here.
“Beauty has been a real journey for me,” says Ami Evelyn Hughes. “I have come to embrace my...
Read more ...

 

Ulta Beauty Makes Digital Investments, Acquisitions

12 days ago   |   By WWD

Ulta Beauty is pushing harder into digital.
The specialty beauty retailer has invested in a digital workflow partner, Iterate, and an online booking tool, Spruce. The business has also acquired QM Scientific and GlamST, which are technology start-ups related to artificial intelligence and augmented reality, meant to support Ulta's personalization initiatives.
The deals were unveiled Thursday as part of the company's Investor Day - the business also upped its guidance for the year to between 7 and 8 percent comparable-sales growth, and said it was starting a multiyear cost-savings program...
Read more ...

 


Search by Tags

   Mergers and Acquisitions      Beauty      Canada      Beauty Features      Kim Kardashian      Kylie Jenner      Ulta Beauty  


11 Beauty Products to Gift to the Natural Beauty Obsessive In Your Life

11 Beauty Products to Gift to the Natural Beauty Obsessive In Your Life

We may be biased here, but beauty gifts are some of the most fun presents to give for the holidays. There's something so indulgent about unwrapping a gorgeous new palette or a... Read more ...

Walpole celebrates 17th year of British Luxury Awards

Walpole celebrates 17th year of British Luxury Awards

The Walpole British Luxury Awards on Monday saw the best of British honoured at its 17th annual award ceremony held the The Dorchester in London's Mayfair. Fashion winners... Read more ...

NARS Is Putting Its Entire Stock On Sale & The Savings Start Soon

NARS Is Putting Its Entire Stock On Sale & The Savings Start Soon

In the realm of beauty brands, NARS is synonymous with chic. Whenever we need a statement lip, we reach for NARS Dragon Girl Velvet Matte Lip Pencil. For the ideal... Read more ...

The Ultimate Guide To Winning Sephora's Epic Black Friday Sale

The Ultimate Guide To Winning Sephora's Epic Black Friday Sale

Once a year, the biggest day in retail shopping meets everyone's fave beauty behemoth, creating equal parts magic and mayhem. And we want you to be ready, so knowing Sephora's... Read more ...

The Korean Beauty Brand Paring Things Back with Cactus Oil

The Korean Beauty Brand Paring Things Back with Cactus Oil

Who is it? Minimalist Korean beauty brand Huxley Why do I want it? K-Beauty stripped down: Huxley's small range of products centres on the nourishing benefits of prickly pear... Read more ...

Take Home Design Inspiration from this Warhol Retrospective

Take Home Design Inspiration from this Warhol Retrospective

This story originally appeared in the November/December 2018 issue of Elite Traveler. This November, the Whitney museum in New York City is displaying a major exhibition by the... Read more ...

Watch Ice-T Have His First-Ever Coffee and Bagel in Humorous Video

Watch Ice-T Have His First-Ever Coffee and Bagel in Humorous Video

West coast rap legend Ice-T has amazingly never had a coffee or bagel in his entire life up until this new video posted on Twitter, courtesy of dating app Coffee Meets... Read more ...

The Black Friday Deals You Don't Want To Miss

The Black Friday Deals You Don't Want To Miss

For some, the best part of Thanksgiving week is the festive feast. But as any savvy shopper knows, the true highlight comes after the plates of turkey and stuffing have been... Read more ...

VIANEL New York Is Hiring An Operations Manager In New York, NY

VIANEL New York Is Hiring An Operations Manager In New York, NY

VIANEL New York is a luxury leather goods brand established in September 2013 in downtown New York City. VIANEL products are manufactured using the highest quality of skins... Read more ...

M∙A∙C x Patrick Starrr - Slay Ride

M∙A∙C x Patrick Starrr - Slay Ride

When it comes to make-up for the festive season, the more is merrier. Now, it is all about adding the right sparkle and glittering through the winter festivities. Therefore, I... Read more ...