A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
Coty Inc announced on Friday a definitive agreement to sell an approximate 9 percent stake in its hair care brand Wella to KKR in exchange for some of the cosmetic maker's shares the U.S. buyout firm owns.
Dior went into full court press in the first 48 hours of Paris Fashion Week – unveiling its new Cheval Blanc spa, feting its Dior Home and Kids creator Cordelia de Castellane, and unveiling a Miss Dior floral pop-up.
UK beauty group Brand Architekts reported its annual results on Tuesday and described it as a period of “consolidation, transition and putting in place the strategic building blocks to achieve the Project 50 goal”.
Acquisition-hungry JD Sports Fashion has now moved into beauty. The UK-based sportswear giant has bought a stake in online hair & beauty brand Hairburst, which sells vitamins, shampoos and styling products.
The Bolingbrook, Illinois-based cosmetics retailer has unveiled the Muse 100, an initiative that recognizes and awards grants to 100 trailblazing Black voices working in different fields of the beauty industry.
Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.