The year 2024 has showcased major players strategically expanding their portfolios and niche brands, gaining new footprints under influential owners. These M&A deals, from skincare and haircare to makeup and fragrance, reflect a bustling landscape driven by innovation, market positioning, and consumer demand. Highlights include The Honey Pot, Shiseido’s venture into high-performance skincare with Dr. Barbara Sturm, Suave Brands Company’s acquisition of ChapStick, and Bridgepoint revitalizing RoC Skincare.
Meanwhile, traditional retail stalwarts like Space NK entered new chapters, with PCA Companies acquiring its U.S. wholesale division to bolster an advanced beauty portfolio. Let’s dive into the major mergers and acquisitions that have shaped the beauty industry landscape this year.
1. Shiseido Acquires Dr. Barbara Sturm
One of the standout deals was Shiseido’s acquisition of Dr. Barbara Sturm, marking the Japanese multinational’s expansion into high-performance skincare. The deal reflects an ongoing trend of major players investing in premium and niche brands.
2. L Catterton acquires Naomi Watts’ Stripes Beauty In June 2024, L Catterton acquired Stripes Beauty, a menopause-care brand founded by actress Naomi Watts. Launched in 2022 to normalize discussions around menopause, Stripes Beauty offers science-backed personal care products.
As part of the acquisition, former Revlon CEO Debra Perelman was named executive chair, and Cara Kamenev became president. The brand plans to expand its product line with supplements like Dream Date and extend its market presence to Amazon, QVC, and Canada. 3.
Henkel to Acquire Vidal Sassoon’s Greater China Division German conglomerate Henkel made headlines by acquiring Vidal Sassoon’s Greater China Division. This acquisition aligns with Henkel’s broader strategy to strengthen its presence in the Asian market, capitalizing on the growing demand for premium hair care products. 4.
Bridgepoint Acquires RoC Skincare European private equity firm Bridgepoint acquired RoC Skincare, a renowned brand in anti-aging skincare. This acquisition will bring fresh investment and revitalized marketing efforts to bolster RoC’s market standing. 5…
Discussion
0 Comments
No comments yet
Start the conversation
Share your take on this story and help shape the discussion.
Sign in to join the discussion.