One/Size and IGK Hair on the hunt for buyers

One/Size and IGK Hair on the hunt for buyers

THE WHAT? Luxury Brand Partners is said to be mulling the sale of its One/Size and IGK Hair brands. The brand incubator is said to have hired The Sage Group to evaluate the various options for its star beauty lines.

THE DETAILS According to a report published by Business of Fashion, One/Size is expected to reports revenues of US$115 million in 2024, while IGK could hit US$80 million. Both have grown strongly in the past two years.

THE WHY? Presumably, Luxury Brand Partners is hoping to cash in on the brands’ impressive results and long-term potential – at least, so says Business of Fashion. Both brands are yet to expand internationally having focused on a strong domestic foundation.