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26 Mar

Glossier Potential IPO, Merit Potential Sale Kick Off Makeup

Industry speculation that makeup can be 2024’s hottest M&A goal is quickly becoming a reality. The category, now years right into a post-pandemic rebound and still prestige beauty’s largest segment within the U.S., has seen a plethora of entrants — most of whom have grown each the general pie and their slices of it — exploring exit options. Industry sources told WWD that Glossier, roughly a 12 months after its Sephora debut, has hired Morgan Stanley to explore options, including an initial public offering. Sources also say they’re not alone — Merit Beauty has reportedly tapped Goldman Sachs because it looks at a possible sale. Glossier, Merit and Morgan Stanley declined to comment. Goldman Sachs didn't immediately reply to requests for comment. Products from Merit. Makeup...
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10 Sep

SkinCeuticals to Kick Off National Treatment Tour During NYFW

SkinCeuticals is occurring tour. The L’Oréal-owned brand will launch its Treatment Tour in Latest York City this weekend, aiming to spice up brand awareness and offer guests a glimpse into its service-led skincare stores called SkinLabs. The brand’s Treatment Truck might be parked at thirteenth Street and ninth Avenue from noon to six p.m. on Friday, and 10 a.m. to six p.m. on Saturday and Sunday. “This Treatment Truck is our first time doing an experiential activation — we wish to teach consumers on the importance of pairing treatments and skincare, because that’s what gives an optimal result,” said Amy Sloan, head of business strategy and growth at SkinCeuticals. On the truck, guests can receive skin consultations, complimentary skilled treatments, samples...
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5 Jul

Holzweiler’s China Long March Kick Starts with Three Openings

LONDON – Holzweiler, the Oslo-based label, is preparing to expand in China a 12 months after taking investment from Sequoia China. Within the second half, the brand is about to open 4 stores worldwide with more planned for next 12 months across the Asia-Pacific region. Three stores shall be in China, a market that has seen a rebound in luxury spending post-pandemic. The primary opening shall be in Chengdu’s upscale, luxury-filled shopping complex Sino-Ocean Taikoo Li, where Louis Vuitton opened its first restaurant within the country. The Chengdu store will open on Thursday and shall be the brand’s ninth location, and first retail outpost outside of Scandinavia. In September, additional stores will open in Xintiandi in Shanghai, and Beijing’s Sanlutun Taikoo Li, where...
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6 May

Chloe Flower, Daniel Martin and Mimi So Kick Off

Daniel Martin has teamed up with superb jeweler Mimi So and classical pianist Chloe Flower on a limited-edition ring collaboration. The rings consists of 18-karat gold and red enamel and is fashioned after a paintbrush inscribed with the phrase, “Paint your dreams.” Prices range from $1,480 to $3,980, and 15 percent of all proceeds will go to Apex for Youth, a nonprofit for Asian and immigrant youth in Latest York. The design is a riff off of So’s existing Parson’s collection. “My hope is that the brand new ring will resonate with artists all over the world and encourage them to color their dreams, whatever they could be,” So said in an announcement. Martin wears many hats, including global director of artistry and...
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