Welcome to BoF’s Beauty Newsletter, featuring members-only analysis and the week’s top news from the front lines of the global beauty business. Subscribe here. NEW YORK, United States — The beauty industry has made lots of noise about embracing inclusivity over the last few years. Brands from Covergirl to Dior have followed Fenty Beauty and introduced […]
Charlotte Tilbury Sells Majority Stake to Puig
LONDON, United Kingdom — Fashion and beauty group Puig has acquired a majority stake in Charlotte Tilbury. The financial terms of the deal were not disclosed. Tilbury, who founded the beauty brand in 2013, will continue on as chairman, president and chief creative officer of the brand and retain a minority stake in the company. Demetra […]
How Successful Beauty Founders Are Managing the Crisis
LONDON, United Kingdom — For beauty entrepreneurs, the pandemic leaves little room for error. Without the support of well-capitalised conglomerates, most independent brands have a limited cash runway to work with while they navigate changing consumer sentiments, tricky marketing pivots and the widespread closure of crucial distributors like beauty salons and wholesale partners. The beauty […]
Coty Buys Majority Stake in Kylie Jenner’s Kylie Cosmetics
NEW YORK, United States – Kylie Jenner has sold a 51 percent stake of her Kylie Cosmetics brand to Coty, which valued the youngest Kardashian Jenner sibling’s business at almost $1.2 billion. The 22-year-old launched her namesake Kylie Cosmetics line in November of 2015 with “Kylie Lip Kits” in three shades. They sold out almost […]
The Hidden Network Churning Out Celebrity and Influencer Beauty Lines
Welcome to BoF’s Beauty Newsletter, featuring members-only analysis and the week’s top news from the front lines of the global beauty business. Subscribe here. NEW YORK, United States — Someone who has yellow skin riddled with holes seems like an unlikely candidate to front a beauty brand. And yet… SpongeBob Squarepants just launched his first makeup […]