It’s ages since I’ve done one of these but it’s been a bit of a quiet time. However, things are hotting up again so I’ll quickly just run through the latest beauty news.
- Liz Earle has been bought by Walgreens Boots Alliance (it was bought by Avon in 2010) for a reported £140 million.
- LVMH (Guerlain, Dior, Givenchy etc) has bought Asian beauty retail website, Luxola. LVMH also owns Sephora, so if you click to Luxola you’ll see Sephora products – which is strange because I’ve never seen Sephora anywhere other than Sephora. It’s HERE if you want to have a look. At the same time, Walmart has invested in a Chinese etailer, so if there is any clear indication of what the future holds, it’s this. All eyes on Asia.
- As previously mentioned, Sleek MakeUP has been bought by Boots. It’s a bit strange that the Boots Media Centre have this information dated 15th December 2015, but I’ve been searching for news on this for some considerable time and it’s never shown up in search before.
- Take a look at Manzanita Capital who have recently acquired Malin & Goetz and Kevin Aucoin. They have an interesting stable of brands that I think may surprise you and are quietly scooping up a portfolio that is quickly becoming a contender in the beauty arena. It’s HERE.
Source: Cosmetics Business News, Happi.com, theredtree.co.uk
Similar to this
Transparency Disclosure
All products are sent to me as samples from brands and agencies unless otherwise stated. Affiliate links may be used. Posts are not affiliate driven.
10 comments
I love these! keep them coming please 🙂
Hi Jane! I love these posts of yours and am glad that you’ve done another one. I’m a bit confused by #4, however. Ipsy has been around for a good few years now (always under the auspices of Michelle Phan). So, I’m wondering what has changed now? Thanks!
oh .. it’s had a lot more money invested in it.. is my understanding.. but thanks for flagging!
This makes me very sad. Too many corporations. It happens across all industries, wonder when it will stop. Also wondering how they will be affected by the recent China market crash.
The best thing about LVMH acquiring Luxola is that Sephora now ships to New Zealand (as Luxola did prior to takeover) if you buy from their Australian website. I’m sure many of my fellow Kiwis will be rejoicing 😀
With Boots buying Sleek MakeUP, will that mean it’ll no longer be sold in Superdrug and and the independent shops that sell WoC beauty products (e.g. Julia Knows Beauty)?
I doubt very much it will continue to be sold in other retailers… but who knows..
I was wondering why the Diptyque Feu de Bois candle I bought last December was of inferior quality compared to Diptyque candles I’ve bought in the past. Now I realize it: the company was sold to a private equity firm! All that means is that they will make Diptyque expand but compromise on quality. Already I’ve seen small Diptyque shops popping up in Silicon Valley, NY’s Grand Central Station, etc. It’s so sad. Diptyque was always my favourite perfumed candle. I never thought they’d sell out. Time to find a new candle maker.
Diptyque was acquired by Manzanita Capital in 2005. I’ve always found their candles vary in performance.
I am sadly suspecting that this means Sleek’s roots as a brand for WoC will disappear. A shame because that’s an important part of the brand IMO. Superdrug far outshines Boots in terms of offerings for WoC, in makeup and other cosmetics too.