French luxury group LVMH has acquired a historic villa in Cannes, France, for around €50 million ($52.7 million), to showcase its brands during the city’s …
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Bic Buys Tangle Teezer for $210 Million
Tangle Teezer, the hair brush maker known for its brightly coloured and ergonomic detangling tools, has been acquired by consumer goods firm Bic. The deal, …
Chinese Cosmetics Brand Mao Geping Raises $300 Million in IPO
One of China’s best known makeup artists, Mao Geping, became a billionaire as his beauty company soared as much as 87 percent after beginning trading …
TikTok Shop Triples Black Friday Sales, Topping $100 Million
TikTok tripled its US shopping sales to more than $100 million on Black Friday, a sign of the app’s growing popularity despite a looming ban. TikTok …
Saudi Cosmetics Retailer Nice One Announces $320 Million IPO
Saudi Arabian online cosmetics retailer Nice One Beauty plans to raise as much as 1.21 billion riyals ($322 million) with an initial public offering in …
Look Like a Million Bucks This Winter, Without Spending It
We independently evaluate all recommended products and sercives. Any products or services put forward appear in no particular order. if you click on links we …
Crown Affair Closes $9 Million Series B Round
Prestige hair line Crown Affair, known for its emphasis on air-drying hair and natural styling techniques, has secured $9 million in Series B funding led …
Boohoo Raises £39 Million, Urges Investors to Shun Mike Ashley
Boohoo Group Plc raised £39.3 million ($49.8 million) in an attempt to help turn around the struggling business, while urging investors to reject billionaire Mike …
Meta Fined €798 Million by EU Over Abusing Classified Ads Dominance
Meta Platforms Inc. was hit with a €798 million ($841 million) fine by European Union regulators by tying its Facebook Marketplace service to its sprawling …
LVMH Would Take €800 Million Hit From France’s Planned Tax Hike
While plenty of French companies may be hoping the government’s proposed €8 billion increase in corporate taxes remains a temporary measure, as promised, executives at …
Beauty On-Demand Provider Ruuby Raises $2.6 Million
Ruuby, the British on-demand beauty services provider founded by entrepreneur Venetia Archer in 2016 has raised $2.6 million in an investment round led by Manchester-based …
Mulberry’s Owner Rejects Increased £111 Million Bid From Mike Ashley’s Frasers Group
The owner of the Mulberry fashion brand has rejected an increased £111 million ($144.9 million) bid from Mike Ashley’s Frasers Group to buy the British …
Mike Ashley’s Frasers Group Makes £83 Million Offer for Handbag Maker Mulberry
Mike Ashley’s Frasers Group has filed a possible £83 million offer to buy the luxury brand Mulberry as it expressed concerns about the future of …
Akt London Secures $7 Million to Drive US Expansion and Product Innovation
Akt London, known for its premium natural deodorant, has raised a $7 million investment from Felix Capital to accelerate its expansion in the beauty and …
Casablanca Paris to Open First Retail Store as Sales Approach $50 Million
Casablanca Paris, the London-based fashion brand founded by French designer Charaf Tajer, is set to open its first retail store. A 450-square-metre space on Paris’ …
L’Oreal Joins $38.6 Million Funding Round For Biotech Start-up Abolis
L’Oreal has joined Abolis Biotechnologies’s €35 million ($38.6 million) funding round alongside speciality chemicals group Evonik, as part of a deal to develop bio-based ingredients …
Asos Cedes Topshop to Denmark’s Bestseller for $178 Million
Asos Plc, the troubled UK online fashion seller, agreed to sell control of its Topshop and Topman brands to a company controlled by Denmark’s Holch …
Fresha Secures $31 Million from J.P. Morgan to Develop Salon Robots
Beauty software company Fresha, best known for its appointment-booking software for salons and spas, has secured a $31 million venture debt facility from J.P. Morgan …
Crown Laboratories and Revance Will Merge in $924 Million Deal
Crown Laboratories, owner of Blue Lizard sunscreen and the premium skincare line Strivectin, announced on Monday a merger with medical aesthetics firm Revance. Revance, which …
How to Grow a $100 Million Brand: Reinforcing Your Foundation | BoF Insights
BoF Insights is The Business of Fashion’s in-house consultancy. We partner with leading fashion and beauty brands and investors to help them sustainably grow for …