Tag

Elf Beauty

All articles tagged with #elf beauty

e.l.f. Beauty Surges Despite Tariffs and Expands Globally

Originally Published 5 months ago — by CNBC

Featured image for e.l.f. Beauty Surges Despite Tariffs and Expands Globally
Source: CNBC

E.l.f. Beauty's profits dropped 30% in Q1 due to tariffs on Chinese imports, which have impacted costs and supply chain strategies. Despite this, the company beat earnings and revenue expectations, with a 9% sales increase, and is working to diversify its supply chain and expand outside the U.S. to mitigate tariff effects. The company also launched new products and acquired the Rhode brand, aiming for growth despite a challenging macroeconomic environment.

Justin and Hailey Bieber Celebrate $1 Billion Sale of Rhode Cosmetics

Originally Published 7 months ago — by BuzzFeed

Featured image for Justin and Hailey Bieber Celebrate $1 Billion Sale of Rhode Cosmetics
Source: BuzzFeed

Hailey Bieber announced a major partnership with e.l.f. Beauty for her brand Rhode, celebrating a significant milestone that garnered support from celebrities and fans. Justin Bieber posted a supportive but wordless Instagram story about Hailey's achievement, following recent controversy over his previous comments about her Vogue cover. The event highlights Hailey's growing influence in the beauty industry and the public's interest in her career and personal life.

Hailey Bieber's Rhode Brand Sells for $1 Billion, Joining the Billionaire Club

Originally Published 7 months ago — by Hindustan Times

Featured image for Hailey Bieber's Rhode Brand Sells for $1 Billion, Joining the Billionaire Club
Source: Hindustan Times

Justin Bieber publicly supported his wife Hailey Bieber's skincare brand Rhode's $1 billion acquisition by e.l.f. Beauty with a no-caption Instagram post, sparking reactions and jokes from fans. The post highlighted Hailey's achievement, but Justin's previous controversial captions and ongoing relationship rumors have kept public attention on their personal lives.

e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion

Originally Published 7 months ago — by BBC

Featured image for e.l.f. Acquires Hailey Bieber's Rhode for $1 Billion
Source: BBC

Hailey Bieber's makeup brand Rhode has been sold to e.l.f. Beauty in a deal valued at up to $1 billion, with Bieber remaining as chief creative officer. The brand, launched in 2022 and rapidly growing through social media popularity, will expand its distribution globally, including plans to be sold in Sephora. The deal underscores the rising influence and valuation of celebrity-founded beauty brands.

Hailey Bieber’s Rhode Cosmetics Sold to Elf Beauty for $1 Billion

Originally Published 7 months ago — by Vogue

Featured image for Hailey Bieber’s Rhode Cosmetics Sold to Elf Beauty for $1 Billion
Source: Vogue

Rhode, a beauty brand founded by Hailey Bieber, has been acquired by Elf Beauty for $1 billion, marking a significant deal in the beauty industry. Bieber will continue as founder and expand her role, while the deal includes cash, stock, and future earn-out considerations. The acquisition highlights Rhode's rapid growth and innovative marketing, and signals a potential rebound in high-value beauty M&A activity, emphasizing the importance of authentic celebrity involvement and strategic brand development.

E.l.f. Beauty Acquires Hailey Bieber’s Rhode in $1 Billion Deal

Originally Published 7 months ago — by WWD

E.l.f. Beauty is acquiring Hailey Bieber’s skincare brand Rhode in a $1 billion deal, marking its largest acquisition to date. Bieber will remain involved as chief creative officer, and the deal includes plans for international expansion and Sephora distribution. The acquisition reflects Rhode's rapid growth and E.l.f.'s strategic focus on expanding its brand portfolio in the beauty industry.

E.l.f. Beauty Acquires Hailey Bieber's Rhode in $1 Billion Deal

Originally Published 7 months ago — by CNBC

Featured image for E.l.f. Beauty Acquires Hailey Bieber's Rhode in $1 Billion Deal
Source: CNBC

E.l.f. Beauty is acquiring Hailey Bieber's skincare brand Rhode in a deal valued up to $1 billion, marking its largest acquisition to expand into higher-end skincare and reach a broader consumer base, with Bieber taking on a key creative role. The deal reflects Rhode's rapid growth and E.l.f.'s strategic move to deepen its skincare offerings amid economic uncertainties and tariff challenges.