Financial focus

photo courtesy of Advent International

JuE Wong joins Olaplex as CEO

By Deanna Utroske

In November, a private equity firm called Advent International announced it was acquiring the popular hair treatment brand. That deal closed in early January; and now, veteran beauty industry executive JuE Wong is at the helm with plans to expand the...

'Our aspiration is to build not just the best beauty company in the world, but the best beauty company for the world,' says Natura & Co group CEO Roberto Marques (Getty Images)

The future of a Natura-Avon beauty powerhouse?

By Kacey Culliney

Natura & Co has finalised its Avon acquisition, creating a global pure-play beauty giant and direct-to-consumer leader – a mega-business it wants to use to fight the climate crisis, champion cruelty-free, female empowerment and local communities.

© Getty Images \ (eldadcarin)

Clean Beauty gets an infusion of capital

By Deanna Utroske

This month, the prestige clean color cosmetics brand Ilia Beauty announced a Series B funding round, led by Sandbridge and including the New York City – based firm Silas. The investment enables Ilia to, among other things, further finance product development...

Richelieu Dennis, Cara Sabin, and Esi Eggleston Bracey (photo via @cara_sabin on Instagram)

Cara Sabin is Sundial Brands new CEO

By Deanna Utroske

The beauty marketing executive joined Unilever this week as CEO of Sundial Brands, where she’ll not only lead the Sundial business (which currently consists of four brands) but also the new Sundial Brands Social Mission Board.

M&A activity hints at new realities in the beauty sector

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M&A activity hints at new realities in the beauty sector

By Deanna Utroske

This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...

© Getty Images \ (Olivier Le Moal)

KDC/ONE acquires Benchmark Cosmetic Laboratories

By Deanna Utroske

The Canada-based beauty and personal care manufacturer announced the latest in a series of acquisitions this week. This time the company adds California-based prestige manufacturer Benchmark to its global network of product production facilities.

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