THE WHAT? Just months after an investment from Oprah Winfrey, Dr Barbara Sturm’s eponymous skin care brand is said to be up for sale.
THE DETAILS WWD reports, quoting industry sources, that the German beauty label is said to be working with RBC on a potential deal.
THE WHY? Both RBC and Dr Barbara Sturm declined to comment when approached by WWD. Presumably, the brand’s founder believes a larger organisation would be better able to resource the brand’s future.