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Beauty

What Will Be Beauty’s Next Big Deal?

Kering’s reported multi-billion dollar acquisition of Creed is just the latest blockbuster beauty deal – and the industry shows no signs of slowing down.
Creed fragrance bottle.
Creed fragrance bottle. (Shutterstock)
By
BoF PROFESSIONAL

Last fall kicked off a series of blockbuster beauty deals: The Estée Lauder Companies and Tom Ford in November ($2.8 billion), L’Oréal and Aesop in April ($2.5 billion) and this week, Kering and Creed, another mammoth sale reportedly valued at close to $3 billion, making it perhaps the largest ever for a single beauty brand.

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Further Reading

Beauty’s Top M&A Targets

The global market has slowed, but the beauty category remains of interest to financial backers. The Business of Beauty identifies the top targets of the year.

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