E.l.f. Beauty Acquires Hailey Bieber’s Rhode Skincare Brand for $1 Billion
E.l.f. Beauty is set to acquire Hailey Bieber’s skincare brand Rhode for a whopping $1 billion, marking the cosmetics company’s largest acquisition ever. The deal is worth $800 million in cash and stock, plus an additional potential $200 million payout based on Rhode’s performance over the next three years. According to CEO Tarang Amin, E.l.f.’s … Read more