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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...
...The acquisition follows that of London-based Ghd, the haircare business, Coty bought for $510m in October....
...Lyndon Lea, partner at Lion Capital, said Ghd had increased its sales by 30 per cent over the past three years....
...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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