Kering Plans to Sell $4 Billion Beauty Division to L’Oréal In a strategic maneuver set to potentially reshape the landscape of the beauty industry, luxury powerhouse Kering is contemplating the sale of its $4 billion beauty division to industry titan L’Oréal. This proposed deal marks an early and bold move by Kering’s new CEO, Luca […]
Harry’s Owner Mammoth Brands Acquires Baby Care Line Coterie
Harry’s Owner Mammoth Brands Acquires Baby Care Line Coterie Mammoth Brands, the parent company of popular grooming brand Harry’s, has recently made a strategic move by acquiring the premium baby care line Coterie. This acquisition marks a significant expansion of Mammoth Brands’ portfolio, which already includes well-known names in the personal care industry such as […]
How Frey Group Is Capturing the European Outlet Shopping Opportunity
Capturing the European Outlet Shopping Opportunity: Frey Group Takes the Lead In the ever-evolving landscape of retail, one segment has been steadily gaining momentum – outlet shopping. As consumers, regardless of their income levels, increasingly prioritize value-driven shopping experiences, the off-price category has emerged as a key player in the retail industry. At the forefront […]
Prada Gets EU Approval for Versace Acquisition
Prada Gets EU Approval for Versace Acquisition Italian luxury fashion giant Prada has recently received the green light from the European Commission for its acquisition of iconic fashion house Versace. This milestone approval comes as a significant step forward for Prada, solidifying its position in the competitive high-end fashion market. The European Commission’s verdict stated […]
L’Oréal Only Interested in Armani’s Profitable Beauty Business
L’Oréal Sets Sights on Armani’s Lucrative Beauty Business L’Oréal, the renowned French beauty conglomerate, has recently made headlines by emerging as one of the top contenders for a stake in Giorgio Armani. The luxury fashion house, founded by the iconic designer of the same name, has attracted significant interest for its potential stake sale of […]
Pfizer to Buy Metsera for $4.9 Billion in Obesity Drug Bet
Pfizer to Buy Metsera for $4.9 Billion in Obesity Drug Bet In a strategic move to revamp its position in the obesity drug market, pharmaceutical giant Pfizer Inc. has announced its acquisition of the startup company Metsera Inc. The deal, valued at a substantial $4.9 billion, signifies Pfizer’s commitment to gaining ground in the highly […]
Natura Reaches Deal to Sell Avon’s Central American Operations
Natura Reaches Deal to Sell Avon’s Central American Operations In a strategic move to streamline its operations and focus on core markets, Brazilian beauty powerhouse Natura has recently announced a significant deal. The company has agreed to sell Avon’s Central American operations to Grupo PDC, a consumer goods company, for a substantial sum of $22 […]
Cos Bar Acquired by Private Investment Firm
Cos Bar Acquired by Private Investment Firm Cos Bar, the renowned high-end specialty retailer, has recently made headlines in the business world by being acquired by the US investment firm, the Mitchell Family Office. This investment firm was founded by the esteemed serial healthcare entrepreneur Mark Mitchell, adding an exciting new chapter to the Cos […]
Nudestix Acquired by Undisclosed US Firm
Nudestix Acquired by Undisclosed US Firm In a strategic move shrouded in mystery, Canadian makeup label Nudestix has been acquired by an undisclosed US firm. While the new owner remains unnamed, the implications of this acquisition are already sparking curiosity and excitement within the beauty industry. Nudestix, known for its innovative approach to makeup and […]
Byoma Acquired by Bansk Group
Byoma Acquired by Bansk Group In the fast-paced world of skincare, staying on top of trends and customer demands is crucial for success. The recent acquisition of Byoma by Bansk Group is a strategic move that not only solidifies Bansk’s position in the beauty industry but also opens up new possibilities for the viral skincare […]