Acquire – Beautifaire

24 Feb

The flurry of beauty and wellness deals so early in 2024 continues. Just days after Puig snapped up Dr. Barbara Sturm, investment firm Compass Diversified revealed it has acquired a majority stake in plant-derived feminine care brand The Honey Pot Company for an enterprise value of $380 million. Founded in 2012, Atlanta-based The Honey Pot Co. offers products across the female hygiene, menstrual, consumer health and sexual wellness categories that might be present in greater than 33,000 stores across the U.S. including Goal, Walmart, CVS and Walgreens. Annual sales are understood to be around $120 million. As a part of the deal, The Honey Pot Co. will proceed to be headed by its current leadership team, and existing owners and management will retain...

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29 Aug

E.L.F. Beauty Will Acquire TikTok-Viral Brand Naturium for $355

by Beauty Tips

Beauty

All products featured on Allure are independently chosen by our editors. Nonetheless, whenever you buy something through our retail links, we may earn an affiliate commission.Nature’s body washes flooded TikTok in late 2022 as folks rushed to their local Targets or computers to get their hands on its viral The Glow Getter Multi-Oil Hydrating Body Wash and The Smoother Glycolic Acid Exfoliating Body Wash. The skin- and body-care brand can be known for its other best-sellers, Vitamin C Complex Serum and Dew-Glow Moisturizer SPF 50. After making such big waves in such a brief period of time, the brand will likely be joining Well People and Keys Soulcare under the E.L.F. Beauty umbrella; the parent company announced on August 29...

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12 Jul

Stylitics Inks Deal to Acquire Wide Eyes

by Beauty Tips

Fashion, Featured

Stylitics, the AI-powered digital merchandising and styling technology platform, inked a deal to amass Wide Eyes, a visible AI solution provider based in Barcelona. Terms of the deal weren't disclosed, but Stylitics said in a press release that the acquisition enhances its “inspirational commerce platform with image recognition and artificial intelligence technology that drives easier product discovery and faster conversion.” The acquisition occurs as more retailers, brands and consumer embrace visual merchandising and shopping. Stylitics said its platform was built “to make all visual content shoppable enabling visual search and image-based shopping on the front-end, while expanding computer vision-driven product attribution and data enrichment on the back-end.” Moreover, the acquisition further expands Stylitics’ growing presence in Europe and the U.K., the corporate said...

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3 Apr

L’Oréal Signs Agreement to Acquire Aesop – WWD

by Beautifaire101

Beauty, Featured

PARIS – L’Oréal has signed an agreement to amass Aesop, the Australian luxury personal care company, from Natura & Co. The proposed transaction values Aesop at an enterprise value of $2.525 billion. Aesop, which relies in Melbourne, Australia, was created in 1987. It creates skin, hair and body care products with plant-based ingredients and sustainable vegan formulas. The brand — with a powerful retail signature, in addition to iconic amber bottles with black-and-white striped labels — is out there in prestige retail, beauty and hospitality venues globally. Aesop operates roughly 400 sales points within the Americas, Europe, Australia, Latest Zealand and Asia. Its first store opened in China in 2022. “Aesop is the epitome of avant-garde beauty, whose products are usually not only made with...

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