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Hailey Bieber's Rhode Brand Sells for $1 Billion in Major Deal

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Source: The New York Times
Hailey Bieber's Rhode Brand Sells for $1 Billion in Major Deal
Photo: The New York Times
TL;DR

E.L.F. Beauty acquired Hailey Bieber's cosmetics brand Rhode for $800 million in cash and stock, with an additional $200 million possible based on future growth, reflecting Rhode's rapid success and strong community engagement, especially among younger consumers.

Topics:entertainmentbusiness#acquisition#business#cosmetics#elf-beauty#hailey-bieber#rhode
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  1. Rhode, Hailey Bieber’s Beauty Brand, Sells in Billion-Dollar Deal  The New York Times
  2. E.l.f. Buys Hailey Bieber’s Rhode Cosmetics Brand in $1 Billion Deal  WSJ
  3. Justin Bieber Proudly Supports Hailey Bieber After She Sells Her Rhode Skincare Company for $1 Billion  Yahoo Finance
  4. Hailey Bieber’s Clean Girl LBD Is Fit for a Billionaire  Vogue
  5. Hailey Bieber Celebrates $1 Billion rhode Deal After Receiving a 'Generous Cash Payout' (Exclusive)  People.com

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