In a significant move in the cosmetics industry, L’Occitane International S.A., listed under Stock Code: 0973.HK, announced that its controlling shareholder, L’Occitane Groupe S.A., has proposed to privatize the company by acquiring all shares it does not already possess. The offer, pegged at HK$34.00 per share, aims to delist the company from the Hong Kong […]
Vagaro, a leading provider of cloud-based software for salons, spas, and fitness centers, announced the launch of Vagaro AI, an advanced tool designed to transform client communications and marketing efforts for business owners in the beauty, wellness, and fitness sectors. Transformative Features for Enhanced Business Operations Vagaro AI is set to redefine how professionals in […]
In an industry-defining move, The Estée Lauder Companies (ELC) and Microsoft Corp. unveiled their latest collaboration on Friday—an AI Innovation Lab aimed at transforming the prestige beauty landscape. This expansion of their global strategic relationship harnesses the power of generative AI through Microsoft’s Azure OpenAI Service, setting a new standard for innovation in beauty technology. […]
In a significant development in the global beauty industry, L Catterton, a leading consumer-focused investment firm, has entered into a definitive agreement to acquire a majority stake in the renowned Italian beauty brand, KIKO Milano. This acquisition from the founding Percassi Family, who will retain a significant interest in the company, marks a pivotal step […]
In a landmark decision, the Circuit Court of Cook County in Chicago has found Johnson & Johnson (NYSE: JNJ) and two of its subsidiaries, Johnson & Johnson Holdco, Inc., and Kenvue, Inc. (NYSE: KVUE), liable for the asbestos-related death of Theresa Garcia, a mother and grandmother. The family was awarded $45 million in damages, concluding […]
Yellow Wood Partners, a Boston-based private equity firm recognized for its strategic investments in consumer brands, has announced a significant development in the personal care industry. Its portfolio company, Suave Brands Company, has officially signed a binding offer to acquire the esteemed ChapStick brand from the global consumer health leader, Haleon (LSE/NYSE: HLN). With a […]
THG PLC has finalized an agreement to acquire the prestigious skincare brand Biossance for a maximum consideration of $20 million. This strategic move marks a significant expansion for THG PLC in the global skincare industry. Biossance’s Global Footprint and Revenue Since its inception in 2015, Biossance has generated approximately $300 million in global revenues. The […]
Iconic beauty brand and global advocate for women’s empowerment, Mary Kay Inc., is thrilled to announce its strategic expansion into Hungary. This significant move aligns with the company’s 60th anniversary, highlighting its legacy in offering entrepreneurship opportunities and high-quality skincare and color cosmetics. Overseen Operations and Celebratory Events Operations in Hungary will be overseen from […]
Kering Beauté, a French luxury group, has inked an agreement to acquire all shares of luxury fragrance house Creed, currently under the control of BlackRock Long Term Private Capital Europe and Chairman Javier Ferrán. Established in 1760 by James Henry Creed, the House of Creed stands as a major independent player in the global high-end […]
Unwanted hair can be a hassle and often requires regular maintenance. While there are several professional treatments available, such as waxing, laser hair removal, and electrolysis, these methods can be expensive and time-consuming. For those seeking a more natural approach, there are various home remedies that can help remove unwanted hair. In this article, we […]