Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
e.l.f. Beauty acquires Hailey Bieber's skincare brand Rhode for up to $1 billion, entering the luxury market.
e.l.f.
Beauty is acquiring Hailey Bieber's skincare brand Rhode for up to $1 billion, marking a major move into the luxury beauty market for e.l.f., known for its affordable cosmetics.
Rhode, launched in 2022, has achieved over $212 million in net sales within a year.
Bieber will serve as chief creative officer and head of innovation.
The deal includes $800 million at closing, with potential earnouts of $200 million based on performance.
It is expected to close in the second quarter of fiscal 2026, subject to regulatory approval.
Rhode plans to launch in Sephora stores later this year.
248 Articles
e.l.f. Beauty adquiere la marca de cuidado de la piel Rhode de Hailey Bieber por hasta mil millones de dólares, entrando en el mercado de lujo.