The biggest beauty names are in a race to snap up the most dynamic brands globally and Anglo-Dutch consumer-products giant Unilever is one of the most active names, its latest big buy being J-Beauty brand Tatcha.
Global private investment firm Bain Capital Private Equity has signed an agreement to acquire a majority stake in Maesa, the beauty brand incubator behind labels like Kristin Ess Hair Care and Flower Beauty.
Estée Lauder has named Andrew Ross as executive vice president of strategy and new business development, and Lisa Sequino as senior vice president, global general manager of company subsidiary Becca cosmetics.
Chrissy Teigen is back in the beauty game.The model and TV presenter has taken to Instagram to tease her 18 million followers with the prospect of a new collaboration with Becca Cosmetics, as reported by Allure.
Atelier Amelia, In Style USA and Mudo Fashion are among the seven New York City-based production facilities, which have been selected for funding by the CFDA under the Fashion Manufacturing Initiative (FMI) Grant Fund.
Estee Lauder Cos Inc reported higher-than-expected quarterly profit and sales on Friday on strong demand for Too Faced and Becca products and customisable gifts, and the company raised its 2018 full-year EPS forecast.