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Fast-growing beauty retailer expanding in Manhattan
NYX Professional Makeup is set to launch its first flagship in Manhattan on Friday, Oct. 28.Located in the heart of Union Square, the new NYX is the company's 20th domestic store and will combine digital technology with a hands-on educational environment. -
Coty to acquire hair tools maker GHD for $511 million
NEW YORK -- Coty has reached a definitive agreement to acquire GHD, a premium brand in high-end hairstyling appliances, from Lion Capital LLP for approximately $510 million.
The deal marks Coty’s first acquisition since it completed the purchase this month of 41 Procter & Gamble Co. beauty brands, including Gucci fragrances, CoverGirl cosmetics and Max Factor makeup.