As companies plan for another turbulent year, they are emphasising value, taking bigger retail bets and remaining optimistic.
BoF is doubling down on our commitment to agenda-setting coverage of the global beauty and wellness space, with a new newsletter, more content and events, including our first invite-only Global Forum.
The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.
Case Studies & Reports
The Puig-owned beauty brand, known for its viral Flawless Filter Concealer and Hollywood Contour wand has inked a partnership with the model, naming her its latest beauty muse.
Billionaire investor Daniel Loeb told retailer Bath & Body Works on Wednesday that his hedge fund Third Point plans to launch a board challenge and said the company’s addition of new directors does not address his concerns about governance, capital allocation and executive pay.
The clean beauty brand, which was valued at $1 billion in 2021 after private equity The Carlyle Group took a majority stake, will be available on Ulta.com starting Feb. 26, and in 500 stores nationwide on Mar. 5.
Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining roadblock to a plan that would allow the cosmetics maker to exit from bankruptcy by April.
The beauty company reported on Friday that full-year sales grew by 5.7 percent for the fiscal year ended Dec. 31, to approximately 1.07 trillion yen, or $8.1 billion.
In her new role, the makeup artist will oversee the creative, product and packaging development of the label's burgeoning beauty line.
The complaint filed Thursday accuses Olaplex of making false statements, including that its offerings restore damaged hair and provide the “ultimate breakage insurance.”
For a gauge of just how tight the labor market is, look no further than the company that makes Banana Boat sunscreen and Playtex tampons.