mergers-acquisitions

Sergio Azzolari is stepping down after less than three years at the helm of the Italian label as its Dubai-based owner aims to bring on a strategic partner to support growth at the loss-making brand.

The world’s biggest beauty company has acquired a majority stake in the English premium skin care line known for its science-backed serums.

E.l.f. Beauty’s $1 billion acquisition of Rhode demonstrates the power of authentic branding amid a sea of generic beauty lines fronted by famous faces.

Securing an exit at a desirable valuation has gotten harder for start-ups in recent years. But brands with strong growth strategies and loyal followings can still attract buyers that will maintain their integrity while taking their businesses to the next level, regardless of economic conditions.

In an era of tariffs and turmoil, fashion’s boldest players are placing billion-dollar bets — and finding bargains in a high-risk, high-reward wave of M&A.

A string of acquisitions piled up debts just as the industry entered a prolonged slump. Now, those debts are getting harder to manage.

In an interview with The Business of Beauty, E.l.f. chairman and chief executive Tarang Amin said the two brands recognised the “power” of joining forces.

Hit hard by President Trump’s trade war and volatile markets, some publicly traded retailers are increasingly considering offers to sell to private equity.