Investor interest has been heating up in the beauty services sector, and facials appear to be ripe for investment.
Paglieri Group will embark on a new journey in 2023 with an expected turnover of 200 million euros.
After the acquisition, Victoria’s Secret will leverage Adore Me’s expertise and technology to continue to improve the Victoria’s Secret and PINK customer shopping experience and accelerate the modernization of VS&Co’s digital platform.
At present, CHELSEY HOUSE has successfully invested in and exclusively operated a number of international fashion brands to create a strong brand portfolio strategy, including Canadian high-end outerwear Mackage, Sydney designer brand Zimmermann, New York fashion brand R13, etc.
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Previously, Ron Perelman’s MacAndrews & Forbes held about 85% of Revlon’s shares, and his daughter, Debra Perelman, served as president and chief executive officer of Revlon.
The two companies share a very similar business model: shared salon suites/lofts for beauty professionals, similar to WeWork’s shared office space.
The transaction is expected to close in Q1 2023.
The acquisition made David Jones “back in Australian ownership”.
Recently, due to the high probability of default, Fitch placed Pronovias on its list of market risks and concerns, making it the one with highest risk among all Spanish companies on the list. However, Pronovias is still the world’s leading bridalwear brand.