THE WHAT? Sydney Sweeney has been appointed as the global brand ambassador for Laneige, expanding her role from being the brand ambassador for Laneige US. This expansion includes around 40…
THE WHAT? Puig, a Spanish cosmetics company, has acquired a majority stake in Dr. Barbara Sturm, a German skincare brand. The financial terms of the deal were not disclosed. Dr….
THE WHAT? Kosas Cosmetics, a Los Angeles-based makeup brand, is exploring sale options with the assistance of investment bank North Point. THE DETAILS Founded in 2015 by Sheena Zadeh-Daly, Kosas…
THE WHAT? Terry Smith, a UK fund manager, has sold his stake in Estée Lauder Cos. while retaining his holding in L’Oréal SA. Smith cited Estée Lauder’s mismanagement of the…
THE WHAT? USHOPAL GROUP, a Chinese luxury beauty and retail group, announced its lead investment in the high-end fragrance brand DOCUMENTS. This marks USHOPAL’s first equity investment in a domestic…