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...On Monday, KKR finalised a deal to buy a 60 per cent stake in Coty’s professional beauty division, which includes brands such as Wella, Clairol, OPI and ghd....
...The announcement on Monday set out a plan in which Coty’s professional beauty division, which includes Wella, Clairol, OPI and ghd brands, would be spun out into a separate company....
...Other brands in the portfolio that Coty is putting up for sale include Good Hair Day (ghd) and OPI nail care products....
...Net revenues of $2.6bn were 15 per cent higher, or 10 per cent at constant currencies, with the acquisitions of Younique, an online cosmetics start-up, Burberry fragrances and ghd hair straighteners contributing...
...into a product and customer focused organisational structure, successfully reached significant milestones in our integration efforts, and boosted our brand portfolio through the additions of Younique, ghd...
...In addition to the P&G deal, management also has to contend with the addition of Hypermarcas, the Brazilian beauty business it bought for $1bn and Ghd, a London-based maker of hair straighteners and curlers...
...Lyndon Lea, partner at Lion Capital, said Ghd had increased its sales by 30 per cent over the past three years....
...The acquisition follows that of London-based Ghd, the haircare business, Coty bought for $510m in October....
...Client: GHD Agency: RKCR/Y&R Territory: UK Verdict: () Many of the ads aired during television talent show The X Factor have a musical element, and GHD’s campaign for its Gold Classic hair styler is no...
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