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30 Mar

Court Approves Forma Brands Sale – WWD

Court Approves Forma Brands Sale – WWD
The proposal for Forma Brands, the parent company of Morphe and Lipstick Queen amongst others, to be acquired by lenders has been approved by a bankruptcy court, legal documents showed. Forma Brands filed for voluntary Chapter 11 bankruptcy in mid-January in a Delaware court because the business struggled to tread water. On the time, the beleaguered company entered right into a take care of lenders including Jefferies Finance and Cerberus Capital Management, under which substantially all of Forma Brands’ assets, including wholesale operations, online platforms and Morphe stores (all now shuttered), were set to be acquired. The proposed deal received court approval this week for $690 million in debt relief. Parent company Forma, which didn't immediately reply to request for comment Thursday,...
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28 Mar

Italian Design Brands On Track for IPO, Profits Surge

Italian Design Brands On Track for IPO, Profits Surge
MILAN — Italian Design Brands, one in all the nation’s largest high-end furniture and design holdings, confirmed Tuesday that its initial public offering will go ahead as planned throughout the first half of the yr, market conditions permitting.  Established in 2015 by Private Equity Partners and a select group of investors through an organization called Investindesign, the Milan-based company plans to list its shares on the Euronext exchange and maybe the Star segment of the Milan Stock Exchange, its chairman and chief executive officer Andrea Sasso told WWD in an announcement.“IDB’s listing project on Euronext Milan and, if the conditions are right, on the Star segment, stays valid and confirmed for the primary half of this yr, market conditions permitting,” Sasso said....
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26 Mar

Save 50% On Favorites From Women Founded Beauty Brands

Save 50% On Favorites From Women Founded Beauty Brands
In the event you’re on the lookout for the proper opportunity to support female entrepreneurs, you don’t need to miss Ulta’s 21 Days of Beauty Sale. The retailer is dropping latest deals day by day, and today you'll be able to save on select products from women-founded beauty brands like Keys Soulcare and First Aid Beauty. Note that you just only have a 24-hour window to benefit from each deal before it expires, so don’t wait too long to buy. With select items from women-founded beauty brand currently 50% off, now could be the proper time to try latest products or top off in your favorites. Since time is of the essence, below, we rounded up the most effective beauty...
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19 Feb

Contained in the Rise of Scandinavian Beauty — Key Brands

Contained in the Rise of Scandinavian Beauty — Key Brands
Contained in the Rise of Scandinavian Beauty Magazine Headline: S-Beauty Rises Call it the hygge effect. Scandinavian beauty is having a moment, and recent brands are percolating. Industry executives say their lure is manifold, from their eco-friendly positioning to minimalist aesthetic. Here, a take a look at some notable entrants. Tiny Associates David Hjalmarsson believes biotech and skin microbiome are game-changers for the sweetness industry. So for the Stockholm-based skincare brand Tiny Associates, he zooms in on those. “We try to make use of as few nature-derived ingredients as possible and campaign for synthetic ingredients, which biotech ingredients could be described as being,” the founder explains. “The storytelling around it's interesting and the sustainability impact of biotech might be significant,” continues Hjalmarsson — who says he’d...
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