Knowlton Development Corp said on Tuesday it was looking to raise up to $857.14 million through a U.S. initial public offering, valuing the manufacturer for beauty, personal and home care brands at more than $3 billion.
The minimalist beauty brand launched by Who What Wear co-founder Katherine Power earlier this year has announced that it has completed a $20 million Series A funding round led by LVMH-backed L Catterton.
Italy’s biggest make-up supplier Intercos has dusted off plans to list on the Milan stock exchange and is looking to launch its initial public offering in October or November, three sources said on Thursday.
Retail destination centre:mk Milton Keynes is to add its fourth new beauty-related brand to its retail roster this year. Rituals Cosmetics is to open a new store this year, marking its debut in the region.
The pandemic's lockdowns confirmed two things: UK women upped their self-care game and they bought more beauty products digitally. Online health & beauty-related sales in the first half of this year jumped 223%.
In January, the US subsidiary of cosmetics group L’Occitane filed for chapter 11 bankruptcy protection as a prelude to restructuring L'Occitane en Provence’s business, a reorganisation that has recently been completed.