Hires – Beautifaire

21 Mar

Selena Gomez’s Rare Beauty Hires Bankers

Selena Gomez’s Rare Beauty has hired investment banks Goldman Sachs and Raymond James, but don’t expect anything to occur anytime soon, in response to sources. The wonder brand is known to be evaluating potential options for the business, but has not begun a proper process to explore deal options, sources said. Industry sources also said that when it is prepared, the corporate could explore an initial public offering because it is growing so fast. Rare Beauty’s net sales in 2023 are understood to have are available in at around $350 million. The three-year-old brand has been a breakout success within the celebrity brand world with a method that leverages Gomez’s transparency round her struggles with mental health and focuses on a message of healthy...

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4 Feb

Hailey Bieber Hires Former Honest Co. Chief Nick Vlahos

by Beautifaire101

Beauty, Featured

Hailey Bieber Hires Former Honest Co. Chief Nick Vlahos

Hailey Bieber is filling out Rhode’s C-suite. The founder, chairwoman and artistic director of Rhode has hired Nick Vlahos as chief executive officer, effective immediately. “Nick has a proven track record of growing firms and his expertise in innovation, distribution, global expansion and team development are going to be instrumental as we proceed on to our next chapter of accelerated growth,” Bieber said in a press release. Vlahos was most recently CEO on the Honest Co., Jessica Alba’s brand, a tenure that culminated in an initial public offering that valued the business at $2.1 billion. Prior to that, he worked on the Clorox Company as chief operating officer. His hire comes after the promotion of Lauren Ratner, who was recently promoted to...

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20 Jun

KCD Adds Beauty Division, Key Hires – WWD

by Beauty Tips

Fashion, Featured

KCD Adds Beauty Division, Key Hires – WWD

KCD is beefing up its beauty services and clientele. The style communications firm has created a recent segment of its business meant to raised serve beauty firms, and wonder divisions of fashion brands with media relations. The move is marked by key hires, in addition to the addition of Tom Ford Beauty to its roster, effective immediately. “Our insight into the interconnected fashion and lifestyle industries has proven invaluable to our clients,” said Rachna Shah, partner and managing director of KCD. “As we saw clients seeking to fortify how their brand values translate inside all segments of their business, we felt we could leverage our credibility to forge and fortify relationships across their fashion, beauty and cultural ecosystems. This dedicated beauty focus...

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28 May

Virtue Labs Inks Recent Funding Round, Hires Recent CEO

by Beautifaire101

Beauty, Featured

Virtue Labs Inks Recent Funding Round, Hires Recent CEO

Hair care brand Virtue Labs has tapped Jose Luis Palacios as chief executive officer concurrently it has raised a recent financing round led by Clearasil and Only for Men owner Combe, its majority shareholder. Palacios takes the reins from Virtue Labs founder Melisse Shaban, who launched the brand in 2017. Shaban, the previous CEO of Strivectin Operating Company and Frédéric Fekkai will proceed to function an adviser to the CEO and the board, based on the corporate. Palacios joins Virtue after a protracted profession in the buyer brands industry, including global leadership positions at Procter & Gamble, Coty Inc., and most recently, Google, where he worked in the buyer product goods division. At Coty, he held quite a few positions, including global vp of...

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