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28 Mar

OSEA Is Reportedly Exploring a Deal, Sale

OSEA Is Reportedly Exploring a Deal, Sale
One other beauty brand is hitting the market, WWD has learned. Pioneering “clean” skincare brand OSEA has reportedly tapped Raymond James because it explores deal options, in keeping with industry sources. Each OSEA and Raymond James declined to comment. Financo, now a component of Raymond James, handled OSEA’s first deal in 2021. The brand landed a minority investment from Cavu Enterprise Partners, which also holds stakes in skincare brands Nécessaire and Topicals. Sources pegged the brand’s net sales at around $100 million annually, about a fair split between retail and the brand’s website. It is on the market at Ulta Beauty, along with Nordstrom and smaller specialty retailers.  The brand is one in all a plethora hitting the M&A market, though the bulk fall under...
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14 Mar

LVMH Lands Deal to Create Rihanna Makeup

LVMH Lands Deal to Create Rihanna Makeup
The Kendo division of LVMH Moët Hennesy Louis Vuitton has landed a take care of Rihanna, one among the hottest-selling celebrities on this planet of licensing, to do an entire makeup collection. As one veteran cosmetics executive observed, “the whole lot together with her is off the charts.” Estimates of what LVMH can have paid to make the deal run as high as $10 million. Kendo, which functions as an incubator producing products that find yourself being retailed by LVMH’s Sephora perfumery chain and other outposts, will launch a Rihanna makeup range, called Fenty Beauty by Rihanna, in the autumn of 2017. While the corporate provided no other details, David Suliteanu, chief executive officer of Kendo, was in a celebratory mood. “Fenty Beauty by...
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20 Nov

Vuitton on the Harbor, Iconix’s Hoodrich Deal, Cameron Silver

Vuitton on the Harbor, Iconix’s Hoodrich Deal, Cameron Silver
HARBOR LIGHTS: After the Pont Neuf bridge in Paris, Pharrell Williams will land in one other spectacular location for his second runway show as creative director of menswear at Louis Vuitton. The French luxury brand said on Monday that its men’s pre-fall collection will likely be unveiled against the backdrop of Hong Kong’s Victoria Harbor, on a piece of Avenue of the Stars belonging to K11 Musea, the luxurious lifestyle complex founded by entrepreneur Adrian Cheng’s Latest World Development.  Referred to as K11 Victoria Dockside, it borders the Tsim Sha Tsui East waterfront and is a component of an area often known as the Art and Design district of the town. The show, scheduled for Nov. 30 at 8 p.m. local time,...
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14 Oct

How Beauty Brands Fared During Amazon Prime Big Deal

How Beauty Brands Fared During Amazon Prime Big Deal
Amazon Prime Day was a boon for beauty and wellness. In line with a NielsenIQ survey, beauty was a top-shopped category in the course of the two-day sale extravaganza. Twenty-seven percent of those that bought consumer packaged goods bought skincare; 26 percent, vitamins and supplements; 24 percent, hair care, and 18 percent, cosmetics.  “Beauty was the number-one CPG category that was shopped during Prime Big Deal Day. What surprised me essentially the most was seeing the merchandising. While you went to Amazon on Tuesday and Wednesday, there was just one feature banner on the homepage, and it was a beauty banner,” said Jacqueline Flam, senior vice chairman of U.S. retail, beauty and over-the-counter at NielsenIQ. In line with the corporate, bestselling creator favorites...
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