Luxury > Mergers and Acquisitions

Private Investment Firm Announces Acquisition of Canadian Beauty Innovator

4 monthes 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...
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Details on Kylie Cosmetics, KKW Fragrance Debuts at Ulta Beauty

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

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

4 monthes 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...
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Ulta Beauty Makes Digital Investments, Acquisitions

4 monthes 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...
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