Which Celebrity Beauty Brand Will Spark the Next Billion-Dollar Deal?

Which Celebrity Beauty Brand Will Spark the Next Billion-Dollar Deal?


Hailey Bieber’s skin care brand Rhode just struck an agreement to be acquired by E.l.f. Beauty in a deal valued at a whopping $1 billion. The deal comes just three years after the model founded Rhode in 2022, which was originally a three-product line that’s since grown to include new items.

This is the biggest acquisition that E.l.f. has ever made and marks a thawing of the beauty M&A market, which had seen a raft of brands put for sale signs up with no success.

Here, WWD ponders which celebrity beauty brand could be next.



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Kevin Harson

I am an editor for Cosmopolitan Canada, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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