Hailey Bieber's Rhode Brand Sells for $1 Billion in Major Deal
TL;DR Summary
E.L.F. Beauty acquired Hailey Bieber's cosmetics brand Rhode for $800 million in cash and stock, with an additional $200 million possible based on future growth, reflecting Rhode's rapid success and strong community engagement, especially among younger consumers.
- Rhode, Hailey Bieber’s Beauty Brand, Sells in Billion-Dollar Deal The New York Times
- E.l.f. Buys Hailey Bieber’s Rhode Cosmetics Brand in $1 Billion Deal WSJ
- Justin Bieber Proudly Supports Hailey Bieber After She Sells Her Rhode Skincare Company for $1 Billion Yahoo Finance
- Hailey Bieber’s Clean Girl LBD Is Fit for a Billionaire Vogue
- Hailey Bieber Celebrates $1 Billion rhode Deal After Receiving a 'Generous Cash Payout' (Exclusive) People.com
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
4 min
vs 4 min read
Condensed
95%
739 → 37 words
Want the full story? Read the original article
Read on The New York Times