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27 Apr

Ilia Beauty Being Acquired by Courtin-Clarins Family: EXCLUSIVE

by Beautifaire101
Beauty, Featured
Ilia Beauty Being Acquired by Courtin-Clarins Family: EXCLUSIVE
PARIS — Clean makeup brand Ilia Beauty is being acquired by the Courtin-Clarins family holding company, Famille C, which also owns the Clarins brand. Financial terms of the deal weren't disclosed. The move will give the holding a pioneer and leader within the burgeoning clean beauty category, which is anticipated to register significant growth in coming years. Ten-year-old, Los Angeles-based Ilia is among the many buzziest beauty brands today. It was clean before clean was cool, and never wavered from founder Sasha Plavsic’s vision of making skin care-powered color cosmetics products gentle enough for reactive skin that may also provide long-term advantages. Her clearly outlined mission: to guard and revive skin. Prisca Courtin, deputy chief executive officer of Famille C, contacted Ilia three years...
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17 Aug

American Exchange Group Has Acquired HatchCollective – WWD

by Beautifaire101
Beauty, Featured
American Exchange Group Has Acquired HatchCollective – WWD
American Exchange Group has acquired HatchCollective because it looks for an even bigger slice of the wonder and private care market. Terms of the deal weren't disclosed. Founded in 2009, HatchCollective is a privately held company, whose brands include NatureWell, Found Energetic, Orlando Pita Play, Txtur and Paint & Petals. AEG, meanwhile, has over the past two years acquired footwear brands Aerosoles and White Mountain, as well creative services and digital marketing company, Giant Propeller. This latest acquisition suits in with its plan to succeed in a wider range of consumers. Alen Mamrout, chief executive officer of American Exchange Group, said: “This acquisition is an amazing opportunity for us to not only expand our footprint but in addition to deepen our commitment...
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11 Jun

EXCLUSIVE: Blk Dnm Acquired by Blockchain Technology Company ChromaWay

by Beauty Tips
Fashion, Featured
EXCLUSIVE: Blk Dnm Acquired by Blockchain Technology Company ChromaWay
Blk Dnm is entering a recent stage of its relaunch with an acquisition. The Swedish American fashion label, which relaunched in February as a luxury label, has been acquired by blockchain technology company ChromaWay. Terms of the deal, which involves full ownership, weren't disclosed.  That is ChromaWay’s first acquisition in the style industry. The corporate, which was founded in 2014, develops and works with blockchain technology platforms. “We share that we have the desire to make something that is totally recent in the marketplace,” said Henrik Hjelte, chief executive officer and cofounder of ChromaWay. “I feel that fashion is an industry where you'll be able to invent quite lots so we desired to check out this idea to breach the digital world and...
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11 Jun

Otherland Candles Acquired by Curio Brands – WWD

by Beautifaire101
Beauty, Featured
Otherland Candles Acquired by Curio Brands – WWD
Curio Brands, the parent company of Thymes and Capri Blue, has filled out its trifecta of brands. It acquired Otherland, the candle company founded in 2017 by Abigail Cook Stone, which is distributed in Sephora, Nordstrom and Anthropologie. “We’ve grown from being digitally native and just having our website to now expanding our footprint into omnichannel,” Stone said. “To meet that role of being omnichannel, there may be a lot not noted there for us — Amazon, wholesale expansion — and that is the place where we plug in with the Curio platform and what their brands have been in a position to achieve.” Abigail Cook Stone and Sayyid Markar. Stone founded the brand after working as an art buyer for Ralph Lauren, and...
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