A BIG SEA
Experts expect the acquisition wave to continue well into 2017.
The deals will go on.
After one of the most robust years in beauty acquisitions, the trend is expected to continue into 2017, driven by two key factors:large corporations that are looking to buy innovation instead of develop it, and private equity firms who are hungry to invest in growing brands with the hope of one day selling to a large strategic for a big return. “M&A is the new innovation,” says Andrew Shore, managing director of consumer products investment banking at Moelis & Co.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styles by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)