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
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