Finance

BlackRock’s Long Term Private Capital is acquiring a majority stake in the fragrance company from Olivier Creed, after more than 260 years under family ownership, for an undisclosed amount. [...]

After filing for Chapter 11 bankruptcy last December, High Ridge Brands’ oral care business is set to be acquired by an affiliate of Perrigo Company, and its hair and skincare businesses [...]

Unicorns often exist in an alternate reality in Silicon Valley. They run wild here, and people are addicted to them. Founders are obsessed with raising large amounts of money in hopes of creating [...]

e.l.f. Beauty has made its first acquisition, snapping up clean beauty brand W3LL People for $27 million. WHO: W3LL People was launched in 2008 by James Walker, Shirley Pinkson, and Dr. Renee [...]

On the heels of Birchbox’s announcement of plans to lay off 25% of its staff, which includes nearly half of the employees at the company’s New York corporate offices, competitor FabFitFun [...]

Headspace, a global leader in mindfulness and meditation, has raised a total of $93 million in its Series C funding round. The new capital will allow Headspace to compete for consumers with Calm, [...]

Naza Beauty is reinventing the end-to-end beauty experience for black and brown women starting at the salon experience with pre-seed funding from Initialized Capital. WHO: Founder and CEO Natanya [...]

L Brands is ceding control of Victoria’s Secret to a private equity firm. Under the terms of the transaction, Victoria’s Secret, with a total enterprise value of $1.1 billion, will be [...]

Authentic Brands Group and landlords Simon Property Group and Brookfield rescue the Forever 21 empire. The consortium’s bid of $81.1 million was accepted after no rival bidders qualified to [...]

Coty, which has a market value of $9 billion and is majority-owned by German conglomerate JAB Holdings, kicked off the auction process for its Professional Beauty unit according to Bloomberg. [...]