Drunk Elephant Eyeing (Very Expensive) Sale

Jan 24th, 2019

Eden Stuart

@DrunkElephantSkincare/ via Facebook.com

@DrunkElephantSkincare/ via Facebook.com

According to a report in the Wall Street Journal, Drunk Elephant could be the latest beauty company to sell for an extremely pretty penny.

The purveyor of ultra-luxe skin care is reportedly eyeing a sale that could value its operations at around $1 billion. If the sale goes through, it could be one of the largest beauty deals is recent years; in 2016, L’Oréal snapped up IT Cosmetics for a cool $1.2 billion, while L’Occitane paid $900 million for Elemis in January 2019.

Related: Is Anastasia Beverly Hills a $3 Billion Brand?

Dermal Repair Cream by Senté was the first product to receive the seal.

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On a first-come, first-served basis, for brands, prices are as low as $100 ea for 5 people, 2 days; (code: ATT5). Read on for more details and deals.

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Staying Ahead of the Trends: TaikiUSA Bridges Science & Beauty

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TaikiUSA offers access to a vast assortment of validated base formulas, turnkey solutions, and beauty tools so you can go to market quickly- with custom, science-backed products- including masks, patches, beauty tools and waterless solutions.

ChapStick invented the lip care category in the 1880s with the launch of a now-iconic lip balm that made ChapStick a household name.

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The transaction is intended to close in the first half of 2024.

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e.l.f. Beauty will sponsor board preparation training for 20 director candidates through the NACD Accelerate program.

In the last three years, Officina Profumo-Farmaceutica di Santa Maria Novella has doubled its revenues, the number of stores and the number of employees.

Report: Giovanna Paoloni Named CEO of Officina Profumo-Farmaceutica di Santa Maria Novella Names

Paoloni has held previous roles at Prada, Armani, Harrods and Bottega Veneta.

The Kindness Tour kicks off in Los Angeles on January 24, 2024, followed by Dallas on January 25, 2024.

Tarte Celebrates 25th Anniversary With Kindness Tour

The Tarte trolley pop-up will make surprise visits at retailers, host creator events and give away goodies.

Helen M. Torok, M.D. is one of the owners of HH Science.

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Skins Cosmetics, headquartered in the Netherlands, is an omni-channel retailer and distributor of luxury niche fragrances, skin care, home and lifestyle products.

Ultra Violette has reportedly achieved 100% year-on-year growth since launching in 2019.

Report: Ultra Violette Receives $15M Investment from Aria Growth Partners

Aria Growth Partners will reportedly help Ultra Violette enter Sephora Canada with its Skinscreen Range in March 2024.

Bridgepoint has acquired RoC Skincare from Gryphon, per Reuters. The value of the deal was reported as about $500 million.

RoC Skincare Has a New Owner

Meanwhile, Gryphon retains its stake in Milani Cosmetics, which it acquired in 2018.