Beauty consolidation in 2021 has been fueled by interest in mission-based independent beauty companies, according to a report by Capstone Partners analyzing the Beauty & Wellness sector. Here, CEW Beauty News recalls the most important deals in 2021.
The initiatives build on the actions taken by the global beauty firm over the past year, which have accelerated its move towards sustainable and profitable growth, with greater cost controls and a more competitive market position.
Gianni Pieraccioni has been named CEO of Maesa, effective February 1, succeeding the company’s Founder and current CEO, Julien Saada, who will transition to a role as Chairman of the Board and Chief Strategy Officer.
Coty Inc. is indeed putting a renewed emphasis on its beauty business as the company on Monday agreed to buy a 20 percent stake in Kim Kardashian West’s make-up brand, KKW, for an estimated $200 million.
Cosmetic Executive Women, Inc. (CEW) is a nonprofit, professional organization with more than 10,500+ members globally, both men and women, from over 3,500 companies in the beauty and retail industries.
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