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Agenda-setting intelligence, analysis and advice for the global fashion community.

Who Is Going to Buy All These Makeup Brands?

Mario Dedivanovic’s Makeup by Mario is the latest beauty label said to be exploring an exit. But with so many lines in market and so few potential acquirers ready to pull the trigger, what are the realistic outcomes?
An image of foundation bottles in a line.
Buzzy at Sephora doesn't always translate to an attractive acquisition target, as investors look for long-term sales strength and high profitability. (Courtesy)

Another week, another makeup line has put itself up for sale.

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Further Reading

Inside Sephora’s Niche Fragrance Strategy

By betting early on indie brands, the retailer has been able to tap into trends and capitalize on a fast-growing market. But getting into and scaling is no easy feat for emerging lines.

How Merit Won Over the Grown-Up Glossier Girl

Instead of getting caught up in Gen-Z mania, Merit has become profitable and expects to hit $100 million in revenue this year by targeting Millennials with classic luxury branding and no-makeup makeup.

About the author
Priya Rao
Priya Rao

Priya Rao is Executive Editor at The Business of Beauty at BoF. She is based in New York and oversees BoF’s beauty and wellness coverage.

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