PARIS – Norwegian luggage firm Db, which attracted an investment from LVMH Luxury Ventures Fund last December, has brought on two more minority investors with bold-faced names as it charts further global expansion. Football star Erling Braut Haaland, a striker for Premier League club Manchester City, and salmon heir and fashion model Gustav Magnar Witzøe,…
Stock market jitters, recession fears and President Donald Trump’s mercurial trade policy are often cited as reasons to hold off on making any big decisions. And yet the fashion and beauty industries’ deal sheets keep getting longer. Since Trump announced his tariff policy in April, there have been five major acquisitions, from Prada Group’s $1.4…
E.l.f announced Wednesday it will acquire Hailey Bieber’s Rhode for $1 billion, in a blockbuster deal that brings Gen-Z’s buzziest brand into the fold of the industry’s most disruptive conglomerate. Since it was founded in 2022, Rhode has quickly become the darling of the global beauty market, celebrated for its high-tech yet accessible skincare formulas…