iNNBeauty Project secures minority investment from Strand Equity and Beechwood Capital
iNNBeauty Project has announced the closing of a minority investment by consumer investors Strand Equity and Beechwood Capital. Terms of the transaction were not disclosed.
Walmart, Target et al charter ships to stock shelves
America’s largest retailers have resorted to chartering their own ships in order to stock their shelves, according to a report published by The Wall Street Journal.
Airlite Plastics buys Cosmetic Specialties International
Airlite Plastics has announced the acquisition of Cosmetic Specialties International, expanding its industry presence into cosmetic packaging products.
Highlander Partners snaps up clean beauty brand RMS
Highlander Partners has announced the acquisition of RMS Beauty for an undisclosed sum.
Britney Spears’ fragrance line allegedly racked up sales of US$100 billion
The brother of Britney Spears has claimed that the singer’s fragrance line achieved sales of US$100 billion, according to a report published by Newsweek.
Silgan Holdings acquires Unicep Packaging for US$237 million
Silgan Holdings has announced that it has acquired Unicep packaging for US$237 million.
Coty sells 9 percent stake in Wella to KKR
Coty has announced that it has signed a definitive agreement to sell an approximate 9 percent stake in Wella to KKR in exchange for roughly half of KKR’s remaining convertible shares in Coty.
Chanel family investment firm, Mousse Partners cashes in on Olaplex IPO
Mousse Partners has pocketed US$95.2 million from the IPO of hair care brand Olaplex, according to a report published by Bloomberg Wealth.
Citigroup launches appeal to recoup Revlon cash
Citigroup has petitioned the 2nd US Circuit Court of Appeals in Manhattan in a bid to recover the US$504 million it sent to Revlon creditors in error, according to a report published by Reuters. The bank’s argument centers around the fact that none of the lenders were expecting to be repaid by the cosmetics company.
The Estee Lauder Companies calls time on Designer Fragrances division
The Estee Lauder Companies is said to be winding down its Aramis & Designer Fragrances unit, according to a report published by WWD.
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